Exit ABL Lenders definition

Exit ABL Lenders means the banks, financial institutions, and other lenders party to the Exit ABL Credit Agreement from time to time, each solely in their capacity as such.
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Exit ABL Lenders means any lender under the Exit ABL Facility in accordance with the Exit ABL Facility Documents.
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Exit ABL Lenders means those banks, financial institutions, and other lenders under the Exit ABL Credit Agreement.
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Examples of Exit ABL Lenders in a sentence

  • The Exit ABL Credit Agreement and the other Exit ABL Documents shall be prepared by counsel for the Exit ABL Agent, based upon and giving due regard to the documentation for the Borrower’s existing credit agreement, with such changes to substantially reflect the terms and provisions of this Exit Term Sheet in all material respects, to reflect the exit facility nature of the Exit ABL Facility, and shall otherwise be reasonably acceptable to the Exit ABL Lenders and the Debtors in all respects.

  • The Exit Facility shall provide for the issuance or renewal of letters of credit by certain Exit ABL Lenders; provided that the Exit Facility will not permit the aggregate L/C Exposure to exceed a $120 million aggregate sublimit with fronting limits and fees to be agreed with each issuing lender.

  • Governing Law: New York Counsel to the Exit ABL Agent and the Exit Lead Arranger: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ & ▇▇▇▇▇▇▇▇ LLP Interest Rate Options: The interest rate applicable to the Exit Revolving Loans will be (a) for Eurodollar Loans, 1-month, 2-month, 3-month or 6-month (and, with the consent of all Exit ABL Lenders, 12 months) LIBOR, LIBOR floor of 1.00% and (b) for ABR Loans, the Alternate Base Rate, Alternate Base Rate Floor of 2.00%, plus, in each case, the applicable amount in the grid below.

  • In addition, all reasonable, documented, out-of-pocket fees, costs and expenses (including but not limited to reasonable legal fees and documented, out-of-pocket expenses) of the Exit ABL Agent and the Exit ABL Lenders for workout proceedings and enforcement costs associated with the Exit ABL Facility are to be paid by the Borrower.

  • Administrative Agent JPMorgan Chase Bank, N.A. shall be the administrative agent and collateral agent for the Exit ABL Lenders (as defined herein) (in such capacity, the “Exit ABL Agent”).

Related to Exit ABL Lenders