ABL Credit Facility definition

ABL Credit Facility means the agreement, dated as of March 30, 2015, among the Company, the Subsidiaries of the Company that borrow or guarantee obligations under such agreement from time to time, as “Credit Parties,” the lenders parties thereto from time to time and Bank of America, N.A., as agent (or its successor in such capacity), together with the related notes, letters of credit, guarantees and security documents, and as the same may be amended, restated, amended and restated, supplemented or modified from time to time and any renewal, increase, extension, refunding, restructuring, replacement or refinancing thereof (whether with the original administrative agent and lenders or another administrative agent, collateral agent or agents or one or more other lenders or additional borrowers or guarantors and whether provided under the original ABL Credit Facility or one or more other credit or other agreements or indentures).

ABL Credit Facility means, collectively, the senior secured revolving credit facility, swing loans, and letters of credit provided for by the ABL Credit Agreement.

ABL Credit Facility means the senior secured asset-based revolving loan facility and the term loan facilities made pursuant to the ABL Credit Agreement.

Examples of ABL Credit Facility in a sentence

• Post-Restructuring Balance Sheet Pursuant to the Restructuring, on and from the Restructuring Effective Date, the Group’s reorganized capital structure shall consist of the: (i) New ABL Credit Facility; (ii) New First Out Term Loan; (iii) New Second Out Term Loan; (iv) Reorganized syncreon Equity; and (v) Warrants (each as defined herein).

• The terms and conditions of the commitment and any New DIP ABL Credit Facility shall be in form and substance reasonably acceptable to the Requisite Consenting Creditors; provided, however, that the commitment amount, the interest rate, the maturity date, and all financial covenants in the New DIP ABL Credit Facility shall be reasonably acceptable to the Requisite Supermajority Consenting Creditors.

• In connection with the Company’s entry into the New DIP ABL Credit Facility and use of cash collateral, the Company shall provide “adequate protection” (as such term is defined in sections 361 and 363 of the Bankruptcy Code) to the ABL Lenders on terms acceptable to the Requisite Consenting Creditors.

• Any order approving entry into the New DIP ABL Credit Facility and the use of cash collateral shall be acceptable to the Requisite Consenting Creditors.

• Promptly upon commencement of the Chapter 11 Cases, the Company will seek authority to enter into the New DIP ABL Credit Facility and use cash collateral to repay the obligations outstanding under the ABL Facility and to fund the administration of the Chapter 11 Cases.

More Definitions of ABL Credit Facility

ABL Credit Facility means the facilities made available to the Borrower pursuant to the ABL Credit Agreement.

ABL Credit Facility has the meaning set forth in Section 2.2(a).

ABL Credit Facility means the credit facility evidenced by the ABL Credit Agreement.

ABL Credit Facility means the Credit Agreement dated as of July 2, 2009 among the Borrower, the subsidiaries that guarantee obligations under such agreement, the lenders parties thereto and JPMorgan Chase Bank, N.A., as administrative agent (or its successor in such capacity) and as it may be amended, supplemented or modified from time to time and any renewal, increase, extension, refunding, restructuring, replacement or refinancing thereof (whether with the original administrative agent and lenders or another administrative agent or agents or one or more other lenders and whether provided under the original ABL Credit Facility or one or more other credit or other agreements or indentures).

ABL Credit Facility means that certain $125 million senior secured asset-based revolving credit facility provided under the ABL Credit Agreement between certain of the Debtors as obligors or guarantors and the ABL Lenders.

ABL Credit Facility means that certain Credit Agreement, dated as of July 22, 2011, by and among YRCW Receivables LLC, a wholly-owned subsidiary of the Parent, as borrower, the Parent, as servicer, the lenders party thereto from time to time, JPMorgan Chase Bank, N.A., as administrative agent, and any other parties thereto from time to time, as amended, modified, supplemented, restated, renewed, replaced, refinanced, increased or extended from time to time.

ABL Credit Facility means the Credit Agreement, dated as of August 26, 2010, among the Issuer, the other borrowers and guarantors party thereto, the lenders from time to time party thereto and Bank of America, N.A., as agent, as amended by Amendment Xx. 0, Xxxxxxxxx Xx. 0 and Amendment No. 3 thereto and as further amended, restated, refinanced, supplemented or otherwise modified from time to time.