ABL Claim definition

ABL Claim means any Claim derived from, based upon, or secured pursuant to the ABL Documents, including Claims for all principal amounts outstanding, interest, fees, expenses, costs, and other charges arising thereunder or related thereto.

ABL Claim means any Claim derived from, based upon, or arising under the ABL Credit Agreement, including without limitation, the ABL Redemption Fee.

ABL Claim means a Secured Claim in the amount of [$ ] derived from, based upon, relating to or arising from the ABL Credit Agreement.

Examples of ABL Claim in a sentence

• The ABL Facility Administrative Agent shall hold or direct such distributions for the benefit of the holder of the Allowed ABL Claim, as applicable.

• Except to the extent that a holder of a DIP New Money Claim or DIP ABL Claim agrees to less favorable treatment, the Reorganized Debtors shall pay, on the Effective Date, in full and complete satisfaction, settlement and release of such Claim, except for the Excluded DIP Obligations, an amount in Cash equal to the Allowed amount of such DIP New Money Claim or DIP ABL Claim, as applicable, and all commitments under the DIP Agreement shall terminate.

• The ABL Facility Administrative Agent shall be deemed to be the holder of the ABL Claim, as applicable, for purposes of distributions to be made hereunder, and the Distribution Agent shall make all distributions on account of such Allowed ABL Claim to or on behalf of the ABL Facility Administrative Agent.

• Any Secured Claim other than (a) a DIP Facility Claim, (b) an ABL Claim, (c) a Term Loan Facility Claim, or (d) a Secured Tax Claim.

• Each Holder of an Allowed Prepetition ABL Claim shall be conclusively deemed to have accepted this Plan pursuant to section 1126(f) of the Bankruptcy Code and therefore shall not be entitled to vote to accept or reject this Plan.

More Definitions of ABL Claim

ABL Claim means any Claim on account of the ABL Facility, including any Prepetition ABL Obligations and ABL Adequate Protection Fees and Expenses (each as defined in the DIP Orders).

ABL Claim means any Claim against a Debtor arising under, derived from, secured by, based on, or related to the ABL Credit Agreement or any other agreement, instrument or document executed at any time in connection therewith and any guaranty thereof, including all “Obligations” as defined under the ABL Credit Agreement.

ABL Claim means all Claims against any Debtor arising under, derived from, or based upon the ABL Credit Facility.

ABL Claim means any Claim, including Secured Swap Claims, derived from, based upon, or arising under the ABL Credit Agreement.

ABL Claim means any Claim under the ABL Credit Agreement and the other Loan Documents (as defined in the ABL Credit Agreement).

ABL Claim means any and all Claims arising under, derived from, or based upon the ABL Credit Agreement or any other agreement, instrument or document executed at any time in connection therewith including, without limitation, all Obligations under (and as defined in) the ABL Credit Agreement, and all Claims arising under the Financing Order with respect to the ABL Credit Parties or the ABL Facility.

ABL Claim means any Claim of the ABL Agent and the ABL Lenders derived from, based upon or secured pursuant to the ABL Loan Documents or the Cash Collateral Order (other than Letter of Credit Claims), including Claims for all principal amounts outstanding, interest, fees, expenses, costs and other charges arising thereunder or related thereto.