Eligible Equipment. Notwithstanding anything to contrary set forth herein, Eligible Equipment shall be limited to those items of Equipment included in the calculation of the U.S. Borrowing Base on the Closing Date. From time to time after the Closing Date, the Administrative Agent may, in its sole discretion, approve certain other items of Equipment constituting ABL Priority Collateral and otherwise satisfying the criteria of Eligible Equipment to be included in the calculation of the U.S. Borrowing Base.
Appears in 4 contracts
Samples: Credit Agreement (JELD-WEN Holding, Inc.), Credit Agreement (JELD-WEN Holding, Inc.), Revolving Credit Agreement (JELD-WEN Holding, Inc.)
