Common use of Revolving Nature of ABL Obligations Clause in Contracts

Revolving Nature of ABL Obligations. The Notes Agent, on behalf of the Note Claimholders, acknowledges and agrees that the ABL Credit Agreement includes a revolving commitment and that the amount of the ABL Obligations that may be outstanding at any time or from time to time may be increased or reduced and subsequently reborrowed.

Appears in 7 contracts

Samples: Intercreditor Agreement (Claiborne Liz Inc), Intercreditor Agreement (Armstrong Energy, Inc.), Intercreditor Agreement (Tops PT, LLC)

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Revolving Nature of ABL Obligations. The Notes Agent, on behalf of the Note Claimholders, and each Additional First Lien Agent, on behalf of the Series of Additional First Lien Claimholders it represents, acknowledges and agrees that the ABL Credit Agreement includes a revolving commitment and that the amount of the ABL Obligations that may be outstanding at any time or from time to time may be increased or reduced and subsequently reborrowed.

Appears in 5 contracts

Samples: Credit Agreement (Claires Stores Inc), Intercreditor Agreement (Claires Stores Inc), Credit Agreement (Claires Stores Inc)

Revolving Nature of ABL Obligations. The Each Notes Agent, on behalf of the Note its respective Notes Claimholders, acknowledges and agrees that the ABL Credit Agreement includes a revolving commitment and that the amount of the ABL Obligations that may be outstanding at any time or from time to time may be increased or reduced and subsequently reborrowed.

Appears in 2 contracts

Samples: Intercreditor Agreement (Horizon Lines, Inc.), Intercreditor Agreement (Horizon Lines, Inc.)

Revolving Nature of ABL Obligations. The Notes Agent, on behalf of the Note Notes Claimholders, acknowledges and agrees that the ABL Credit Loan Agreement includes a revolving commitment and that the amount of the ABL Obligations that may be outstanding at any time or from time to time may be increased or reduced and subsequently reborrowed.

Appears in 2 contracts

Samples: Intercreditor Agreement (Libbey Inc), Intercreditor Agreement (Libbey Inc)

Revolving Nature of ABL Obligations. The Notes Agent, on behalf of the Note Notes Claimholders, acknowledges and agrees that the ABL Credit Agreement includes a revolving commitment and that the amount of the ABL Obligations that may be outstanding at any time or from time to time may be increased or reduced and subsequently reborrowed.

Appears in 2 contracts

Samples: Intercreditor Agreement (LSB Industries Inc), Intercreditor Agreement (LSB Industries Inc)

Revolving Nature of ABL Obligations. The Notes Note Agent, on behalf of the Note Claimholders, acknowledges and agrees that the ABL Credit Agreement includes a revolving commitment and that the amount of the ABL Obligations that may be outstanding at any time or from time to time may be increased or reduced and subsequently reborrowed.

Appears in 1 contract

Samples: Second Amended And

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Revolving Nature of ABL Obligations. The Notes Agent, on behalf of the Note Claimholders, acknowledges and agrees that the ABL Credit Agreement includes a revolving commitment and that the amount of the ABL Obligations that may be outstanding at any time or from time to time may be increased or reduced and subsequently reborrowed.. Exhibit E

Appears in 1 contract

Samples: Intercreditor Agreement (AbitibiBowater Inc.)

Revolving Nature of ABL Obligations. The Notes Agent, on behalf of the Note Notes Claimholders, acknowledges and agrees that the ABL Credit Agreement includes a revolving commitment and that the amount of the ABL Obligations that may be outstanding at any time or from time to time may be increased or reduced and subsequently reborrowed.

Appears in 1 contract

Samples: Intercreditor Agreement (Exide Technologies)

Revolving Nature of ABL Obligations. The Notes Agent, on behalf of the Note Claimholders, acknowledges and agrees that the ABL Credit Loan Agreement includes a revolving commitment and that the amount of the ABL Obligations that may be outstanding at any time or from time to time may be increased or reduced and subsequently reborrowed.

Appears in 1 contract

Samples: Intercreditor Agreement (Louisiana-Pacific Corp)

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