ABL Collateral definition
ABL Collateral shall have the meaning provided in the ABL Intercreditor Agreement.
ABL Collateral means all of the assets and property of any Grantor, whether real, personal or mixed, with respect to which a Lien is granted as security for any ABL Obligations.
ABL Collateral means all the “ABL Facility Collateral” as defined in the ABL/Bond Intercreditor Agreement.
Examples of ABL Collateral in a sentence
Each of the Lenders acknowledges that obligations of the Borrower and the Guarantors under any Incremental Equivalent Debt and any Permitted First Priority Refinancing Debt may be secured by Liens on assets of the Borrower and the Guarantors that constitute Collateral and that the obligations of the Borrower and the Guarantors under the ABL Documents may be secured by liens on the ABL Collateral.
More Definitions of ABL Collateral
ABL Collateral has the meaning given to the term “Intercreditor Collateral” in the ABL Intercreditor Agreement.
ABL Collateral means “ABL Priority Collateral” as defined in the ABL Intercreditor Agreement.
ABL Collateral means “ABL First Lien Collateral” as defined in the Intercreditor Agreement.
ABL Collateral means any and all present and future right, title and interest of the Grantors in and to the following, whether now owned or hereafter acquired, existing or arising, and wherever located to the extent constituting Common Collateral: (a) all Accounts Receivable and related Records; (b) all Chattel Paper; (c) all Deposit Accounts, Commodities Accounts, Securities Accounts and all lock-boxes at any bank, including all Money and Certificated Securities, Uncertificated Securities, Securities Entitlements and Investment Property or other assets credited thereto or deposited therein (including all cash, cash equivalents, marketable securities and other funds held in or on deposit in any such Deposit Account, Commodity Account or Securities Account but excluding all equity interests of or owned by any of the Grantors and all such assets relating to Intellectual Property), and all cash, cash equivalents, checks and other negotiable instruments, funds and other evidences of payments (but excluding the Non-ABL Sweep Collateral Account and any cash or other assets held in the Non-ABL Sweep Collateral Account in accordance with the Term Loan Credit Agreement as in effect on the date hereof or, provided that any amendment or modification to the terms thereof with respect to such Non-ABL Sweep Account are not materially adverse to the Revolving Credit Lenders, the Term Loan Credit Agreement as Amended from time to time); (d) all Inventory; (e) to the extent evidencing, governing, securing or otherwise related to the items referred to in the preceding clauses (a), (b), (c) and (d) of this definition, all contracts, contract rights, payment intangibles, Documents, Instruments, Letter of Credit Rights and Commercial Tort Claims and other claims or causes of action; (f) all books, Records and data processing software directly relating to, or arising from any of the foregoing; and (g) all substitutions, replacements, products, Supporting Obligations and Proceeds (including, insurance proceeds, income, payments, damages and proceeds of suit) of any and all of the foregoing. For the avoidance of doubt, ABL Collateral shall not include Intellectual Property.
ABL Collateral means the accounts receivable, cash, inventory and any related assets of Postmedia Network Inc. and the guarantors, which constitutes collateral for the ABL Facility on a first-priority basis, for the First-Lien Notes on a second-priority basis and for the Second-Lien Notes on a third-priority basis.
ABL Collateral means the “Collateral” as defined in the Existing Credit Agreement as in effect on the Effective Date.
ABL Collateral means the portion of the Collateral as to which the First Lien Notes Secured Parties have a second-priority security interest subject to certain Permitted Liens.