e New Financing Facilities, we may use the proceeds thereof to repay all amounts outstanding under, and to terminate, the ABS/Safeway ABL Agreement, the NAI ABL Agreement and the Letter of Credit Facility Agreement (each as defined herein and collectively, the "Specified Existing Facilities") 11 hill). wua.sccgo% Ar

ncing Facilities, we may use the proceeds thereof to repay all amounts outstanding under, and to terminate, the existing ABS/Safeway ABL Agreement, the NAI ABL Agreement, the Letter of Credit Facility Agreement and all amounts under the ABS/Safeway Term Loan Agreement. This offering is not contingent upon our enterin

h proceeds of certain asset sales, casualty events and other dispositions, subject to the terms of an intercreditor agreement with the lenders under the NAI ABL Agreement (as defined herein) and certain exceptions and reinvestment rights: (ii) 100% of the net cash proceeds of debt incurrences (other than debt incurre

at the base rate at such time, plus 2% until such amounts are paid in full. Guarantees. Subject to certain exceptions, the amounts outstanding under the NAI ABL Agreement are guaranteed by NAI Holdings and each of its existing and future direct and indirect wholly-owned domestic subsidiaries that are not borrowers, ex