Common use of ABL Facility Clause in Contracts

ABL Facility. Substantially concurrently with the satisfaction of the other conditions precedent set forth in this subsection 5.1, the Borrower and certain direct and indirect Subsidiaries of the Acquired Business Parent shall have entered into the ABL Credit Agreement.

Appears in 2 contracts

Sources: Term Loan Credit Agreement (Great North Imports, LLC), Credit Agreement (Great North Imports, LLC)

ABL Facility. Substantially concurrently with the satisfaction of the other conditions precedent set forth in this subsection 5.16.1, the Parent Borrower and certain direct and indirect Subsidiaries of the Acquired Business Parent shall have entered into the ABL Credit Agreement.

Appears in 1 contract

Sources: Revolving Credit Agreement (Great North Imports, LLC)