Example ContractsClausesAbl Credit Agreement
Abl Credit Agreement
Abl Credit Agreement contract clause examples

ABL Credit Agreement. Substantially concurrently with the satisfaction of the other conditions precedent set forth in this [Section 4.01(c)], the Parent, Holdings, the Borrower, the ABL Agent, the applicable lenders party thereto and the other parties thereto (if any) shall have entered into the ABL Credit Agreement and the Agent shall have received # a counterpart of the Intercreditor Agreement, signed by the ABL Agent and acknowledged by the Loan Parties party thereto. The Agent shall have received a certificate of a Responsible Officer of the Borrower attaching true, correct and complete copies of the ABL Credit Agreement and the Security Agreement (as defined in the ABL Credit Agreement).

ABL Credit Agreement. Substantially concurrently with the satisfaction of the other conditions precedent set forth in this Section 4.01(c), the Parent, Holdings, and the Borrower shall have entered into the ABL Credit Agreement and the Agent shall have received # a counterpart of the Intercreditor Agreement, signed by the ABL Agent and acknowledged by the Loan Parties party thereto and # a certificate signed by a Responsible Officer attaching true, correct and complete copies of the material documents relating to the ABL Credit Agreement and certifying that all of such documents are in full force and effect.

Amendment of ABL Credit Agreement and Term Credit Agreement. The Required Holders hereby consent and agree to the amendment to the ABL Credit Agreement (and all amendments and waivers set forth therein) and the Term Credit Agreement (and all amendments and waivers set forth therein), in each case, executed on the date hereof (and delivered to the Trustee and the Required Holders contemporaneously with the execution of this Supplemental Indenture on the date hereof).

ABL Excess Availability. After giving effect to # the making of any Committed Loans (as defined in the ABL Credit Agreement) and the issuance of any Letters of Credit (as defined under the ABL Credit Agreement) under the ABL Credit Agreement, in each case, on the Closing Date and # the making of the Term Loans hereunder and the implementation of any required Term Loan Reserve, in each case on the Closing Date, ABL Excess Availability shall be not less than $22,500,000.

ABL Excess Availability. After giving effect to all Letters of Credit (as defined under the ABL Credit Agreement) to be issued at, or immediately subsequent to, the establishment of the ABL Credit Agreement, and to the making of the Term Loans hereunder, ABL Excess Availability (as defined under the ABL Credit Agreement) shall be no less than $20,000,000.

ABL Loan Documents” shall mean the ABL Credit Agreement and the “Loan Documents” as defined in the ABL Credit Agreement.

ABL Loans” shall mean the “Revolving Loans” as defined in the ABL Credit Agreement, or other loans borrowed under the ABL Credit Agreement.

Credit Agreement. The Existing Credit Agreement is hereby amended to delete the bold, stricken text (indicated textually in the same manner as the following example: stricken text) and to add the bold, double-underlined text (indicated textually in the same manner as the following example: double-underlined text) as set forth in the pages of the Credit Agreement attached as Annex A hereto.

Credit Agreement. The Credit Agreement is hereby modified in the following respects:

Credit Agreement. The Credit Agreement is hereby modified in the following respects:

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