ABL Term Sheet definition

ABL Term Sheet has the meaning set forth in the Recitals.
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ABL Term Sheet means the term sheet that sets forth the principal terms of the (a) ABL Exit Facility and (b) Takeback Debt.
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ABL Term Sheet means that certain proposal letter and non-binding term sheet executed by the Borrower and Bank of America, N.A. dated as of April 7, 2017 and delivered to the Administrative Agent on or prior to the Fourth Amendment Effective Date concerning a $225,000,000 asset-based credit facility expected to be provided to the Borrower subject to the terms and conditions described therein.
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Examples of ABL Term Sheet in a sentence

  • The New Exit ABL Facility, if applicable, shall be generally described in the New Exit ABL Term Sheet and the New Exit ABL Facility Documents, if applicable, shall be in form and substance acceptable to the Required Supporting Noteholders.

  • The Plan of Reorganization shall contain customary provisions regarding retention of all causes of action, including, subject to the ABL Term Sheet, any claims against Airbus related to the EC225 accident, by Reorganized CHC; provided, however, that potential chapter 5 claims against non-insider trade vendors and employees of Reorganized CHC as of the Effective Date shall be waived under the Plan of Reorganization.

  • One or more intercreditor and subordination agreements among the Exit ABL Agent, the Exit Term Agent and the Subordinated Notes Agent, on the bases described more fully below and in the Exit ABL Term Sheet, shall be executed and delivered upon the Effective Date.

  • To the maximum extent permitted by applicable law, each party hereto irrevocably waives any right to a trial by jury in respect of to any claim, controversy, or dispute (whether based in contract, tort, or otherwise) arising out of or relating to this Exit ABL Commitment Letter, the Exit ABL Term Sheet, or the Transactions contemplated hereby or the actions of the Exit ABL Commitment Parties or any of their affiliates in the negotiation, performance, or enforcement of its rights in connection therewith.

  • The Exit ABL Commitment Parties’ commitments are subject to the terms and conditions set forth herein, and in the summary of terms attached as Exhibit A ( the "Exit ABL Term Sheet" and, together with this letter, the "Exit ABL Commitment Letter").

  • Capitalized terms used in the text of this Exit ABL Commitment Letter without definition have the meanings assigned in the Exit ABL Term Sheet.

  • The New ABL Term Sheet requires the Chapter 11 Debtors to have obtained the Confirmation Order from the U.S. Court by no later than July 27, 2017 and a recognition order from this Court under the CCAA no later than seven business days following the entry of the Confirmation Order.

  • Instead, we dwelt on rejecting the sufficiency of interests in reducing corruption, equaliz- ing the financial resources of candidates, and capping the overall cost of political campaigns, see id., at 55–57.

  • The terms and conditions of the ABL Revolving Credit Loans are further described in the ABL Term Sheet included in the Plan Supplement.

  • The terms of the OIN Facilities are set forth in the term sheet attached to the Commitment Letter as Annex B (the “OIN Facilities TermSheet”), the terms of the ABL Facility are set forth in the term sheet attached to the Commitment Letter as Annex C (the “ABL Term Sheet”), and the terms of the OBS Term Facility are set forth in the term sheet attached to the Commitment letter as Annex D (the “OBS Term Sheet”; together with the OIN Facilities Term Sheet and the ABL Term Sheet, the “Term Sheets”).

Related to ABL Term Sheet

  • Final Term Sheet means the term sheet prepared pursuant to Section 4(a) of this Agreement and substantially in the form attached in Schedule III hereto;

  • Collateral Term Sheet and "Structural Term Sheet" shall have the respective meanings assigned to them in the February 13, 1995 letter (the "PSA Letter") of Xxxxxx, Xxxxxxxx, Xxxxx & Xxxxxxxx on behalf of the Public Securities Association (which letter, and the SEC staff's response thereto, were publicly available February 17, 1995). The term "Collateral Term Sheet" as used herein includes any subsequent Collateral Term Sheet that reflects a substantive change in the information presented. The term "Computational Materials" has the meaning assigned to it in the May 17, 1994 letter (the "Xxxxxx letter" and together with the PSA Letter, the "No-Action Letters") of Brown & Xxxx on behalf of Xxxxxx, Xxxxxxx & Co., Inc. (which letter, and the SEC staff's response thereto, were publicly available May 20, 1994).

  • Exit Facility Term Sheet means the Exit Facility Term Sheet attached as Exhibit 2 to Exhibit B of the Restructuring Support Agreement.

  • Restructuring Term Sheet means the term sheet attached as Exhibit A to the Restructuring Support Agreement.

  • Collateral Term Sheets shall have the meanings given such terms in the PSA Letter but shall include only those ABS Term Sheets or Collateral Term Sheets that have been prepared or delivered to prospective investors by any Underwriter.

  • Governance Term Sheet means the Governance Term Sheet attached as Exhibit F to the Restructuring Support Agreement.

  • Structural Term Sheet shall have the respective meanings assigned to them in the February 13, 1995 letter (the "PSA Letter") of Xxxxxx, Xxxxxxxx, Xxxxx & Xxxxxxxx on behalf of the Public Securities Association (which letter, and the SEC staff's response thereto, were publicly available February 17, 1995). The term "Collateral Term Sheet" as used herein includes any subsequent Collateral Term Sheet that reflects a substantive change in the information presented. The term "Computational Materials" has the meaning assigned to it in the May 17, 1994 letter (the "Xxxxxx letter" and together with the PSA Letter, the "No-Action Letters") of Brown & Xxxx on behalf of Xxxxxx, Xxxxxxx & Co., Inc. (which letter, and the SEC staff's response thereto, were publicly available May 20, 1994).

  • Term Sheet means any term sheet that satisfies the requirements of Rule 434 under the Act. Any reference herein to the "date" of a Prospectus that includes a Term Sheet shall mean the date of such Term Sheet.

  • Structural Term Sheets shall have the respective meanings assigned to them in the February 13, 1995 letter of Cleary, Gottlieb, Xxxxx & Xxxxxxxx on behalf of the Public Securities Association (which letter, and the SEC staff's response thereto, were publicly available February 17, 1995). The term "Collateral Term Sheet" as used herein includes any subsequent Collateral Term Sheet that reflects a substantive change in the information presented. "Computational Materials" has the meaning assigned to it in the May 17, 1994 letter of Xxxxx & Wood on behalf of Xxxxxx, Xxxxxxx & Co., Inc. (which letter, and the SEC staff's response thereto, were publicly available May 20, 1994). "Series Term Sheet" has the meaning assigned to it in the April 4, 1996 letter of Xxxxxx & Xxxxxxx on behalf of Greenwood Trust Company (which letter, and the SEC staff's response thereto, were publicly available April 5, 1996).

  • ABS Term Sheets shall have the meanings given such terms in the Xxxxxx/PSA Letters, but shall include only those Computational Materials that have been prepared or delivered to prospective investors by or at the direction of an Underwriter.

  • Medium Term Notes means Securities that are collateralized in an amount equal to their full Outstanding principal amount and have a Stated Maturity in excess of 270 days after the date of original issuance thereof.

  • Initial Term Loan shall have the meaning provided in Section 2.1(a).

  • Initial Term Loan Facility means the Initial Term Loan Commitments and the provisions herein related to the Initial Term Loans.

  • Adjusted Term SOFR means, for purposes of any calculation, the rate per annum equal to (a) Term SOFR for such calculation plus (b) the Term SOFR Adjustment; provided that if Adjusted Term SOFR as so determined shall ever be less than the Floor, then Adjusted Term SOFR shall be deemed to be the Floor.

  • Initial Term Facility means the Initial Term Loan Commitments and the Initial Term Loans made hereunder.

  • Additional Term Loan has the meaning specified in Section 2.01(c).

  • Long-term suspension means the removal of a student from the school premises and regular classroom activities for more than ten (10) consecutive school days, or for more than ten (10) school days cumulatively for multiple disciplinary offenses in any school year. A Principal/Designee may, in his or her discretion, allow a student to serve a long-term suspension in school. Removal solely from participation in extracurricular activities or school-sponsored events, or both, shall not count as removal in calculating school days. Except for students who are charged with a disciplinary offense set forth in subsections (a) or (b) of G.L. c. 71, §37 H, or in section 37H ½ of G.L. c. 71, no student may be placed on long-term suspension for one or more disciplinary offenses for more than ninety (90) school days in a school year beginning with the first day that the student is removed from school. No long-term suspension shall extend beyond the end of the school year in which such suspension is imposed.

  • Initial Term Loans means the term loans made by the Lenders on the Closing Date to the Borrower pursuant to Section 2.01(a).

  • ABL/Term Loan Intercreditor Agreement means the Intercreditor Agreement, dated as of the Closing Date, by and among the Collateral Agent, Xxxxxx Xxxxxxx Senior Funding, Inc., as collateral agent under the Second Lien Term Loan Credit Agreement, Bank of America, N.A., as collateral agent under the ABL Credit Agreement, Parent and the Subsidiary Loan Parties party thereto, as amended, restated, supplemented or otherwise modified from time to time in accordance with the requirements thereof and of this Agreement.

  • Long-Term Debt means debt repayable over a period exceeding one year;

  • Additional Term Loans means any term loan added pursuant to Section 2.22, 2.23 or 9.02(c)(i).

  • Term SOFR means the forward-looking term rate based on SOFR that has been selected or recommended by the Relevant Governmental Body.

  • Term Sheets means any ABS Term Sheets, Structural Term Sheets and/or Collateral Term Sheets.

  • Short-term suspension means any disciplinary action whereby a student is not permitted to attend school for a period not to exceed ten school days.

  • Second Lien Term Loans means the “Term Loans” under and as defined in the Second Lien Credit Agreement.

  • Three-Month Term SOFR means the rate for Term SOFR for a tenor of three months that is published by the Term SOFR Administrator at the Reference Time for any Floating Interest Period, as determined by the Calculation Agent after giving effect to the Three-Month Term SOFR Conventions.