{"component": "definition", "props": {"groups": [{"size": 8, "samples": [{"hash": "eXTQCCNGTru", "uri": "/contracts/eXTQCCNGTru#abl-availability", "label": "Term Loan Credit Agreement (Beyond, Inc.)", "score": 36.3593444824, "published": true}, {"hash": "7dV2sX7gd8T", "uri": "/contracts/7dV2sX7gd8T#abl-availability", "label": "Term Loan Credit Agreement (Kirkland's, Inc)", "score": 36.3593444824, "published": true}, {"hash": "hfmNWj6Kjvi", "uri": "/contracts/hfmNWj6Kjvi#abl-availability", "label": "Term Loan Credit Agreement (Beyond, Inc.)", "score": 36.3511276245, "published": true}], "snippet": "means \u201cAvailability\u201d, as defined in the ABL Credit Agreement.", "snippet_links": [{"key": "abl-credit-agreement", "type": "definition", "offset": [40, 60]}], "hash": "a0c4a24aedeadba89828fcb4a13ff0d9", "id": 1}, {"size": 5, "samples": [{"hash": "dqJyQstOSUw", "uri": "/contracts/dqJyQstOSUw#abl-availability", "label": "Floor Plan First Lien Credit Agreement (Alta Equipment Group Inc.)", "score": 35.1984939575, "published": true}, {"hash": "ef4CCSudkH", "uri": "/contracts/ef4CCSudkH#abl-availability", "label": "Floor Plan First Lien Credit Agreement (Alta Equipment Group Inc.)", "score": 34.4921302795, "published": true}, {"hash": "iV0rK3GlGMd", "uri": "/contracts/iV0rK3GlGMd#abl-availability", "label": "Floor Plan First Lien Credit Agreement (Alta Equipment Group Inc.)", "score": 32.2580413818, "published": true}], "snippet": "means \u201cAvailability\u201d as defined in the ABL Credit Agreement, on the Effective Date, subject to any Subsequent Definition thereof.", "snippet_links": [{"key": "abl-credit-agreement", "type": "definition", "offset": [39, 59]}, {"key": "on-the-effective-date", "type": "clause", "offset": [61, 82]}, {"key": "subject-to", "type": "definition", "offset": [84, 94]}, {"key": "subsequent-definition", "type": "definition", "offset": [99, 120]}], "hash": "bf834b5f5296cc4b920e9b548970f4ad", "id": 2}, {"size": 4, "samples": [{"hash": "2SDX88CMWhe", "uri": "/contracts/2SDX88CMWhe#abl-availability", "label": "Credit Agreement (Rite Aid Corp)", "score": 33.9171791077, "published": true}, {"hash": "1BQFVHTOqBC", "uri": "/contracts/1BQFVHTOqBC#abl-availability", "label": "Credit Agreement (Rite Aid Corp)", "score": 32.6413421631, "published": true}, {"hash": "beSb8QFGV6z", "uri": "/contracts/beSb8QFGV6z#abl-availability", "label": "Credit Agreement (Rite Aid Corp)", "score": 29.9664611816, "published": true}], "snippet": "means, on any date of determination, (a) the ABL Loan Cap at such time minus (b) the Total ABL Outstandings at such time.", "snippet_links": [{"key": "date-of-determination", "type": "definition", "offset": [14, 35]}, {"key": "abl-loan-cap", "type": "definition", "offset": [45, 57]}, {"key": "total-abl-outstandings", "type": "definition", "offset": [85, 107]}], "hash": "06b22a70f7dd28f7b7e942dd19ea8e71", "id": 3}, {"size": 3, "samples": [{"hash": "e7HG9WNByAv", "uri": "/contracts/e7HG9WNByAv#abl-availability", "label": "Indenture (Neiman Marcus Group LTD LLC)", "score": 30.4401092529, "published": true}, {"hash": "aVlEIqkbYCO", "uri": "/contracts/aVlEIqkbYCO#abl-availability", "label": "Indenture (Neiman Marcus Group LTD LLC)", "score": 30.4401092529, "published": true}, {"hash": "6rnjxxLLbLQ", "uri": "/contracts/6rnjxxLLbLQ#abl-availability", "label": "Indenture (Neiman Marcus Group LTD LLC)", "score": 30.4401092529, "published": true}], "snippet": "means, as of any time, the amount available for borrowing by the Issuers and the Subsidiary Guarantors under the ABL Credit Agreement then in effect.", "snippet_links": [{"key": "any-time", "type": "definition", "offset": [13, 21]}, {"key": "amount-available", "type": "definition", "offset": [27, 43]}, {"key": "the-issuers", "type": "clause", "offset": [61, 72]}, {"key": "the-subsidiary-guarantors", "type": "definition", "offset": [77, 102]}, {"key": "abl-credit-agreement", "type": "definition", "offset": [113, 133]}, {"key": "in-effect", "type": "definition", "offset": [139, 148]}], "hash": "99ce4a2535b841fd669bc4485bd065f8", "id": 4}, {"size": 3, "samples": [{"hash": "2TCwrKF6gwF", "uri": "/contracts/2TCwrKF6gwF#abl-availability", "label": "Credit Agreement (Nci Building Systems Inc)", "score": 21.3066387177, "published": true}, {"hash": "85TiUHvmfHd", "uri": "/contracts/85TiUHvmfHd#abl-availability", "label": "Investment Agreement (Nci Building Systems Inc)", "score": 21.0, "published": true}, {"hash": "2ifqYdVL7cw", "uri": "/contracts/2ifqYdVL7cw#abl-availability", "label": "Credit Agreement (Nci Building Systems Inc)", "score": 21.0, "published": true}], "snippet": "at any time, the amount of undrawn availability under the ABL Facility then in effect at such time.", "snippet_links": [{"key": "at-any-time", "type": "clause", "offset": [0, 11]}, {"key": "undrawn-availability", "type": "definition", "offset": [27, 47]}, {"key": "abl-facility", "type": "definition", "offset": [58, 70]}, {"key": "in-effect", "type": "definition", "offset": [76, 85]}], "hash": "84ffa682e4d96218fa8f148fcfe96ba5", "id": 5}, {"size": 3, "samples": [{"hash": "iYAuaEQ8rNd", "uri": "/contracts/iYAuaEQ8rNd#abl-availability", "label": "First Lien Credit Agreement (Standard Register Co)", "score": 24.5838470459, "published": true}, {"hash": "hnSwWbHTnO3", "uri": "/contracts/hnSwWbHTnO3#abl-availability", "label": "Second Lien Credit Agreement (Standard Register Co)", "score": 24.5838470459, "published": true}], "snippet": "means on any date, the principal amount of loans that the New Borrower and its Subsidiaries are entitled to borrow on such date under the ABL Credit Agreement.", "snippet_links": [{"key": "amount-of-loans", "type": "clause", "offset": [33, 48]}, {"key": "borrower-and-its-subsidiaries", "type": "definition", "offset": [62, 91]}, {"key": "to-borrow", "type": "clause", "offset": [105, 114]}, {"key": "abl-credit-agreement", "type": "definition", "offset": [138, 158]}], "hash": "a089f5062dfd766124fd13344f0ea3fc", "id": 6}, {"size": 2, "samples": [{"hash": "hY9ughTjWmA", "uri": "/contracts/hY9ughTjWmA#abl-availability", "label": "Intercreditor Agreement (EveryWare Global, Inc.)", "score": 24.4031486511, "published": true}], "snippet": "means, at any time, the aggregate amount of the revolving loans, letter of credit accommodations and other financial accommodations available to the Grantors from the ABL Lenders based solely on the applicable percentages (as in effect on the date hereof or higher percentages, as amended with the consent of Term Administrative Agent (acting pursuant to the direction of the \u201cRequired Lenders\u201d as such quoted term is defined in the Term Loan Agreement), or lower percentages, as amended without the consent of Term Administrative Agent, and without regard to any limitation based on the revolving loan commitment) of Eligible Accounts and Eligible Inventory (as such terms are defined in the ABL Credit Agreement as in effect on the date hereof or as the terms may be amended from time to time if the effect of such amendment is not to increase the amount of ABL Availability), determined without regard to any revolving loans, letter of credit accommodations or other financial accommodations (including Cash Management Obligations) then outstanding, but after giving effect to the Reserves (other than any Bank Product Reserve Amount (as defined in the ABL Credit Agreement as in effect on the date hereof)).", "snippet_links": [{"key": "at-any-time", "type": "clause", "offset": [7, 18]}, {"key": "aggregate-amount", "type": "clause", "offset": [24, 40]}, {"key": "the-revolving-loans", "type": "clause", "offset": [44, 63]}, {"key": "letter-of-credit-accommodations", "type": "clause", "offset": [65, 96]}, {"key": "financial-accommodations", "type": "clause", "offset": [107, 131]}, {"key": "available-to", "type": "definition", "offset": [132, 144]}, {"key": "the-grantors", "type": "clause", "offset": [145, 157]}, {"key": "abl-lenders", "type": "definition", "offset": [167, 178]}, {"key": "applicable-percentages", "type": "definition", "offset": [199, 221]}, {"key": "effect-on-the", "type": "clause", "offset": [229, 242]}, {"key": "date-hereof", "type": "clause", "offset": [243, 254]}, {"key": "as-amended", "type": "definition", "offset": [278, 288]}, {"key": "consent-of", "type": "clause", "offset": [298, 308]}, {"key": "term-administrative-agent", "type": "definition", "offset": [309, 334]}, {"key": "pursuant-to-the", "type": "definition", "offset": [343, 358]}, {"key": "required-lenders", "type": "definition", "offset": [377, 393]}, {"key": "term-loan-agreement", "type": "clause", "offset": [433, 452]}, {"key": "based-on", "type": "clause", "offset": [575, 583]}, {"key": "the-revolving-loan-commitment", "type": "clause", "offset": [584, 613]}, {"key": "eligible-accounts-and-eligible-inventory", "type": "clause", "offset": [618, 658]}, {"key": "abl-credit-agreement", "type": "definition", "offset": [693, 713]}, {"key": "the-terms", "type": "clause", "offset": [752, 761]}, {"key": "from-time-to-time", "type": "clause", "offset": [777, 794]}, {"key": "effect-of", "type": "clause", "offset": [802, 811]}, {"key": "cash-management-obligations", "type": "definition", "offset": [1006, 1033]}, {"key": "after-giving", "type": "clause", "offset": [1057, 1069]}, {"key": "bank-product-reserve-amount", "type": "definition", "offset": [1109, 1136]}], "hash": "8e6a062124be6aaf42265265759cf628", "id": 7}, {"size": 2, "samples": [{"hash": "5dcR9EMfK4B", "uri": "/contracts/5dcR9EMfK4B#abl-availability", "label": "Term Loan Credit Agreement (Bed Bath & Beyond, Inc.)", "score": 34.819301848, "published": true}], "snippet": "means \u201cAvailability\u201d, as defined in the ABL Credit Agreement. \u201cABL Credit Agreement\u201d means the \u201cFirst Lien Agreement\u201d as defined in the ABL", "snippet_links": [{"key": "abl-credit-agreement", "type": "definition", "offset": [40, 60]}, {"key": "first-lien-agreement", "type": "definition", "offset": [96, 116]}], "hash": "da7c7824791194b8bd24eeb664ab4960", "id": 8}, {"size": 2, "samples": [{"hash": "eedYwOGLVoR", "uri": "/contracts/eedYwOGLVoR#abl-availability", "label": "Financing Agreement (Federal Signal Corp /De/)", "score": 23.7214241028, "published": true}], "snippet": "means the difference between (a) the Maximum ABL Amount, and (b) Revolver Usage (as defined in the ABL Credit Agreement, as in effect on the date hereof). *** Certain confidential information has been omitted and filed separately with the Commission. Confidential treatment has been requested with respect to the omitted portions.", "snippet_links": [{"key": "maximum-abl-amount", "type": "definition", "offset": [37, 55]}, {"key": "revolver-usage", "type": "definition", "offset": [65, 79]}, {"key": "abl-credit-agreement", "type": "definition", "offset": [99, 119]}, {"key": "effect-on-the", "type": "clause", "offset": [127, 140]}, {"key": "date-hereof", "type": "clause", "offset": [141, 152]}, {"key": "certain-confidential-information", "type": "clause", "offset": [159, 191]}, {"key": "omitted-and-filed-separately-with-the-commission", "type": "clause", "offset": [201, 249]}, {"key": "confidential-treatment", "type": "clause", "offset": [251, 273]}, {"key": "with-respect-to", "type": "clause", "offset": [293, 308]}], "hash": "fae62c6ee59b5deb04abf34f7e1fccb5", "id": 9}, {"size": 1, "samples": [{"hash": "bHfy6JfQOhV", "uri": "/contracts/bHfy6JfQOhV#abl-availability", "label": "Credit and Guaranty Agreement (Lifecore Biomedical, Inc. \\De\\)", "score": 32.0239562988, "published": true}], "snippet": "means, as of any date of determination, (a) the \u201cMaximum Borrowing Amount\u201d (as defined in the ABL Credit Agreement) at such time minus (b) \u201cTotal Revolving Credit Outstandings\u201d (as defined in the ABL Credit Agreement). \u201cABL Borrowing Base\u201d means the \u201cBorrowing Base\u201d as defined in the ABL Credit Agreement. \u201cABL Collateral Documents\u201d means all \u201cSecurity Instruments\u201d or similar term as defined in the ABL Credit Agreement, and all other security agreements, mortgages, deeds of trust and other collateral documents executed and delivered at any time in connection with any ABL Credit Agreement. \u201cABL Commitment\u201d means \u201cCommitment\u201d as defined in the ABL Credit Agreement. \u201cABL Credit Agreement\u201d means that certain Credit Agreement, dated as of the Closing Date, by and among Companies, the ABL Agent and the ABL Lenders, as amended, restated, supplemented or otherwise modified from time to time in accordance with the terms of the Intercreditor Agreement. \u201cABL Credit Documents\u201d means, collectively, the ABL Credit Agreement, the ABL Security Instruments, the Intercreditor Agreement, the other \u201cLoan Documents\u201d (as defined in the ABL Credit Agreement) and all other agreements, instruments and other documents executed and delivered at any time in connection with the ABL Credit Agreement (in each case, as amended, restated, supplemented or otherwise modified from time to time in accordance with the terms of the Intercreditor Agreement). \u201cABL Indebtedness\u201d means, collectively, the \u201cObligations\u201d as defined in the ABL Credit Agreement not to exceed the amount of any such Indebtedness permitted pursuant to Section 6.1(k). \u201cABL Lenders\u201d means the lenders from time to time party to the ABL Credit Agreement. \u201cABL Letters of Credit\u201d means the letters of credit issued in accordance with the ABL Credit Agreement. \u201cABL Loans\u201d means the revolving loans made in accordance with the ABL Credit Agreement.", "snippet_links": [{"key": "date-of-determination", "type": "definition", "offset": [17, 38]}, {"key": "maximum-borrowing-amount", "type": "definition", "offset": [49, 73]}, {"key": "abl-credit-agreement", "type": "definition", "offset": [94, 114]}, {"key": "total-revolving-credit-outstandings", "type": "definition", "offset": [140, 175]}, {"key": "abl-borrowing-base", "type": "definition", "offset": [220, 238]}, {"key": "abl-collateral-documents", "type": "definition", "offset": [308, 332]}, {"key": "security-instruments", "type": "clause", "offset": [345, 365]}, {"key": "other-security-agreements", "type": "clause", "offset": [431, 456]}, {"key": "deeds-of-trust", "type": "definition", "offset": [469, 483]}, {"key": "other-collateral-documents", "type": "clause", "offset": [488, 514]}, {"key": "executed-and-delivered", "type": "clause", "offset": [515, 537]}, {"key": "at-any-time", "type": "clause", "offset": [538, 549]}, {"key": "in-connection-with", "type": "clause", "offset": [550, 568]}, {"key": "abl-commitment", "type": "definition", "offset": [596, 610]}, {"key": "as-of-the-closing-date", "type": "clause", "offset": [737, 759]}, {"key": "abl-agent", "type": "definition", "offset": [789, 798]}, {"key": "abl-lenders", "type": "definition", "offset": [807, 818]}, {"key": "as-amended", "type": "definition", "offset": [820, 830]}, {"key": "otherwise-modified", "type": "clause", "offset": [858, 876]}, {"key": "from-time-to-time", "type": "clause", "offset": [877, 894]}, {"key": "in-accordance-with", "type": "clause", "offset": [895, 913]}, {"key": "the-intercreditor-agreement", "type": "clause", "offset": [927, 954]}, {"key": "abl-credit-documents", "type": "definition", "offset": [957, 977]}, {"key": "loan-documents", "type": "clause", "offset": [1096, 1110]}, {"key": "other-agreements", "type": "definition", "offset": [1161, 1177]}, {"key": "and-other-documents", "type": "clause", "offset": [1191, 1210]}, {"key": "each-case", "type": "definition", "offset": [1294, 1303]}, {"key": "abl-indebtedness", "type": "definition", "offset": [1443, 1459]}, {"key": "not-to-exceed", "type": "clause", "offset": [1539, 1552]}, {"key": "pursuant-to-section", "type": "definition", "offset": [1599, 1618]}, {"key": "the-lenders", "type": "clause", "offset": [1647, 1658]}, {"key": "abl-letters-of-credit", "type": "definition", "offset": [1713, 1734]}, {"key": "the-letters-of-credit", "type": "clause", "offset": [1742, 1763]}, {"key": "issued-in", "type": "definition", "offset": [1764, 1773]}, {"key": "abl-loans", "type": "definition", "offset": [1817, 1826]}, {"key": "the-revolving-loans", "type": "clause", "offset": [1834, 1853]}], "hash": "64f79da07ca073816dacce1d373f0313", "id": 10}], "next_curs": "Cl0SV2oVc35sYXdpbnNpZGVyY29udHJhY3RzcjkLEhpEZWZpbml0aW9uU25pcHBldEdyb3VwX3Y1NiIZYWJsLWF2YWlsYWJpbGl0eSMwMDAwMDAwYQyiAQJlbhgAIAA=", "definition": {"size": 36, "title": "ABL Availability", "snippet": "means \u201cAvailability\u201d, as defined in the ABL Credit Agreement.", "id": "abl-availability", "examples": ["On the Effective Date and immediately after giving effect to the Transactions contemplated to occur on the Effective Date and the payment of all related costs and expenses, Borrowers and their Subsidiaries shall have <strong>ABL Availability</strong> of at least $75,000,000.", "The Loan Parties shall pay the reasonable fees and expenses of the Agent and such professionals with respect to up to one (1) commercial finance examination in any twelve month period; provided, that in the event that <strong>ABL Availability</strong> is at any time less than thirty percent (30%) of the ABL Loan Cap during such twelve month period, the Agent may conduct two (2) commercial finance examinations in such twelve month period, at the Loan Parties\u2019 expense.", "As used herein, the following terms have the meanings set forth below: <strong>ABL Availability</strong>: the \u201cAvailability\u201d as such term is defined in the ABL Revolver Loan Agreement in effect on the date hereof and without giving effect to any modifications of any component definitions (or any sub-component definitions) therein.", "The Administrative Agent and the Lenders shall have received a Borrowing Base Certificate, as of a date mutually agreed, executed by a Financial Officer of the Borrower, demonstrating that there shall be no less than $1,100,000,000 of <strong>ABL Availability</strong> after giving pro forma effect to the Transactions on the Closing Date (including the incurrence of all Loans and Letters of Credit on the Closing Date).", "Upon giving effect to the Transactions on the Restatement Effective Date as well as any payables stretched beyond their customary payment practices, <strong>ABL Availability</strong> shall be at least $10,000,000 (after giving effect to the Availability Block).", "Prior to the FCCR Financial Covenant Trigger Date, the Borrowers and their Subsidiaries shall at all times maintain <strong>ABL Availability</strong> of not less than the greater of (a) $10,000,000 (or, if any Additional Portion of Term Loan has been funded, $11,000,000) and (b) 12.5% of the Combined Line Cap (excluding the effect, if any, of any Term Pushdown Reserve).", "Prior to the FCCR Financial Covenant Trigger Date, the Borrowers and their Subsidiaries shall at all times maintain Availability of not less than the greater of (a) the Applicable <strong>ABL Availability</strong> Amount and (b) 12.5% of the Combined Line Cap (excluding the effect, if any, of any Term Pushdown Reserve).", "At any time the Deferred Excess Cash Flow shall be greater than zero, the Borrower shall use its commercially reasonable efforts to cause, as promptly as practicable, the <strong>ABL Availability</strong> to exceed the <strong>ABL Availability</strong> Threshold by the amount of the Deferred Excess Cash Flow.", "The Administrative Agent and the Lenders shall have received a Borrowing Base Certificate, dated on or about the Third Amendment Effective Date, executed by a Financial Officer of the Borrower, demonstrating that there shall be no less than $1,000,000,000 of <strong>ABL Availability</strong> after giving pro forma effect to the Third Amendment Transactions to occur on the Third Amendment Effective Date (including the incurrence of any Loans on the Third Amendment Effective Date).", "Holdings shall not permit Consolidated Liquidity to be less than $7,500,000 at any time (or, to the extent that as of any date <strong>ABL Availability</strong> is reduced as a result of the imposition of new or additional Reserves (as defined in the ABL Credit Agreement as in effect on the date hereof) by the ABL Agent and such new or additional Reserves result in Consolidated Liquidity being less than $7,500,000 as of such date, for the three (3) consecutive Business Days following the date of such reduction)."], "related": [["maximum-availability", "Maximum Availability", "Maximum Availability"], ["revolving-availability", "Revolving Availability", "Revolving Availability"], ["required-availability", "Required Availability", "Required Availability"], ["borrowing-availability", "Borrowing Availability", "Borrowing Availability"], ["undrawn-availability", "Undrawn Availability", "Undrawn Availability"]], "related_snippets": [], "updated": "2025-10-29T05:56:42+00:00"}, "json": true, "cursor": ""}}