Prepetition ABL Credit Facility Sample Clauses

Prepetition ABL Credit Facility. (a) Endologix, as borrower, certain of Endologix’s direct and indirect subsidiaries, as guarantors (the “ABL Guarantors”), Deerfield ELGX Revolver, LLC., as agent (in such capacity, the “Prepetition First Lien ABL Agent”), and the lenders from time to time party thereto (the “Prepetition First Lien ABL Lenders” and, together with the Prepetition First Lien ABL Agent and the other Secured Parties (as defined in the Prepetition First Lien ABL Credit Agreement), the “Prepetition First Lien ABL Secured Parties”) are parties to that certain Credit Agreement, dated as of August 9, 2018 (as amended, amended and restated, supplemented or otherwise modified from time to time, the “Prepetition First Lien ABL Credit Agreement” and, together with the other Loan Documents (as defined in the Prepetition First Lien ABL Credit Agreement), the “Prepetition First Lien ABL Documents”), which provided for a revolving credit facility in the aggregate principal amount of $40,000,000 (subject to increase upon the satisfaction of certain conditions set forth therein) (the “Prepetition First Lien ABL Facility”). (b) Pursuant to the Prepetition First Lien ABL Documents, the Prepetition First Lien ABL Secured Parties were granted first priority liens on, and security interests in, the Collateral (as defined in the Prepetition First Lien ABL Credit Agreement) (the “Prepetition First Lien ABL Collateral” and the liens and security interests granted on the Prepetition First Lien ABL Collateral under the Prepetition First Lien ABL Documents, the “Prepetition ABL First Liens” and together with the Prepetition Term Loan First Liens, the “Prepetition First Liens”), subject only to certain Permitted Liens (as defined in the Prepetition First Lien ABL Credit Agreement).