Examples of Exit ABL Credit Agreement in a sentence
Outstanding letters of credit issued under the First Lien Credit Agreement, to the extent undrawn, shall remain outstanding and, as of the Effective Date, shall either be replaced, cash collateralized, or backstopped by the issuance of new letters of credit under the Exit ABL Credit Agreement (or other letter of credit facility established for the account of the Debtors), in each case in consultation with the First Lien Agent and the applicable issuing bank under the First Lien Credit Agreement.
On the Effective Date, the agents under the Exit ABL Credit Agreement and the Exit Term Facility Agreement, as applicable, shall be granted valid, binding, and enforceable Liens on the collateral specified in, and to the extent required by, the Exit ABL Credit Agreement and the Exit Term Facility Agreement, as applicable, and the other documents executed in connection therewith.
The Debtors have exercised their reasonable business judgment in agreeing to the payment of fees and expenses in connection with the Plan (including in connection with all documents necessary to effectuate the Plan, including the DIP Credit Agreement, Exit ABL Credit Agreement, Exit Secured Notes Indenture, Exit Term Facility Agreement, and Exit Intercreditor Agreements) and the payment of such fees are supported by reasonably equivalent value and fair consideration; D.
The goods to be initially supplied by the Supplier to all Members will be a membership pack which will comprise of a 70 cl bottle of The Silkie Irish Whiskey, a 50 cl bottle of An Dúlamán Irish Maritime Gin, a pair of Sliabh Liag Distillery glasses, inscribed with our logo, and a membership certificate.
The Company recognises that market prices will fluctuate in accordance with market conditions which will impact on the capital position of the Company.