Existing ABL Facility definition

Existing ABL Facility means that certain ABL Credit Agreement, dated as of August 5, 2019, among the Borrower, the several lenders from time to time party thereto and JPMorgan Chase Bank, N.A., as administrative agent, as amended, supplemented or otherwise modified.

Existing ABL Facility means the asset-based loan facility pursuant to the Existing ABL Credit Agreement.

Existing ABL Facility means that certain Credit Agreement, dated as of March 14, 2018, by and among ProFrac Services, Holdings, the guarantors party thereto, the lenders party thereto and Barclays Bank PLC, as the administrative agent and collateral agent (as amended, amended and restated, supplemented and otherwise modified from time to time, and together with the guarantee and security documentation executed in connection therewith).

Examples of Existing ABL Facility in a sentence

• Administrative Agent shall have received, in form and substance reasonably satisfactory to Administrative Agent, a payoff letter providing that, among other things, all of the indebtedness under the Existing ABL Facility has been or concurrently with the Closing Date is being paid and satisfied in full.

• Extinguishment of WESCO’s Existing ABL Facility totaling $100.0 million and associated unamortized debt issuance costs of $2.1 million.

• Therefore, Holders of Existing ABL Facility Claims in Class 3 are not entitled to vote to accept or reject the Plan.

• Class 3 is Unimpaired and Holders of Allowed Existing ABL Facility Claims in Class 3 are conclusively presumed to have accepted the Plan pursuant to section 1126(f) of the Bankruptcy Code.

• On the Effective Date, the Existing ABL Facility Claims shall be deemed Allowed in the aggregate amount of $56.35 million in principal, plus (i) reimbursement obligations, fees, indemnities, costs, expenses, and other amounts, liabilities and obligations, and (ii) accrued and unpaid interest, including postpetition interest, at the contract rate through the Effective Date.

More Definitions of Existing ABL Facility

Existing ABL Facility means that certain Exit ABL Credit Agreement dated as of August 24, 2020 among Borrower Agent, Pyxus Topco, Pyxus Parent, and the lenders party thereto (as has been amended, modified, restated and supplemented).

Existing ABL Facility means the credit agreement governing the $75.0 million senior secured revolving facility dated as of August 16, 2007, among the Borrower, the guarantors party thereto, the lenders party thereto and JPMorgan as administrative agent and collateral agent, as amended or modified from time to time.

Existing ABL Facility means the Borrower’s existing senior secured asset-based revolving credit facility, documented pursuant to the Existing ABL Credit Agreement.

Existing ABL Facility means that certain Second Amended and Restated Credit Agreement, dated as of the Closing Date, among the Borrower, Aventine Renewable Energy – Xxxxxx Xxxx, LLC, Aventine Renewable Energy – Mt Xxxxxx, LLC, Aventine Renewable Energy – Canton, LLC, Aventine Power, LLC and Nebraska Energy, L.L.C., as borrowers, and Xxxxx Fargo Capital Finance, LLC, as lender and agent, as may be amended, restated, supplemented or otherwise modified from time to time.

Existing ABL Facility means the Credit Agreement dated as of December 9, 2009, among the Borrower, Intermediate Holdings, the Subsidiary Guarantors (as defined therein) party thereto, the Lenders (as defined therein) party thereto, UBS Securities LLC, as lead arranger, as documentation agent and as syndication agent, UBS Loan Finance LLC, as swingline lender, and UBS AG, Stamford Branch, as issuing bank, as administrative agent for the Lenders (as defined therein), and collateral agent for the Secured Parties (as defined therein).

Existing ABL Facility means the financing facility evidenced by the Existing ABL Agreement.

Existing ABL Facility has the meaning assigned to such term in the recitals hereto.