ABL Borrower shall have the meaning assigned to that term in the recitals to this Agreement.

ABL Borrower means the “Borrower” as defined in the ABL Credit Agreement.

ABL Borrower means collectively, Xxxxxxx, XX Finance and Xxxxxx, as borrowers under the ABL Credit Agreement.

Examples of ABL Borrower in a sentence

Additionally on June 8, 2020 and concurrently with closing the ABL Credit Facility, the ABL Borrower purchased all presently existing inventory, and assumed the liabilities in respect of all presently existing and outstanding trade payables owed to vendors in respect of such inventory, from MRH and certain wholly owned subsidiaries of MRH.
The ABL Borrower may request increases in the size of the Revolving ABL Facility up to an additional aggregate principal amount of $750 million.
The ABL Credit Facility is secured on a first priority basis (subject to customary exceptions) by (i) all assets of the ABL Borrower including all such inventory and the proceeds thereof and (ii) the equity of the ABL Borrower.
The ABL Borrower shall cause each Person that becomes a Loan Party after the date hereof to acknowledge this Agreement by execution and delivery by such Person of an Acknowledgment in the form of Annex 1.
Pursuant to the ABL Credit Agreement, the ABL Credit Agreement Lenders have agreed to make certain loans and other financial accommodations to or for the benefit of the ABL Borrower.

More Definitions of ABL Borrower

ABL Borrower has the meaning set forth in the recitals above.

ABL Borrower means YRCW Receivables LLC, a special purpose, bankruptcy-remote Restricted Subsidiary of the Company.

ABL Borrower means the Company, in its capacity as the borrower under the ABL Credit Agreement, together with its and their respective successors and assigns.

ABL Borrower means a Subsidiary of the Borrower that is a borrower under any of the ABL Facilities and, to the extent it is an obligor under the ABL-Trade Credit Documents, Green Plains Commodity Management LLC.

ABL Borrower has the meaning set forth in the preamble of this Agreement.

ABL Borrower means a special purpose, bankruptcy-remote Restricted Subsidiary of the Company.

ABL Borrower shall have the meaning set forth in the Indentures.