ABL Credit Parties definition

ABL Credit Parties shall have the meaning assigned to that term in the recitals to this Agreement.
ABL Credit Parties means the ABL Borrowers, the ABL Guarantors and each other direct or indirect Subsidiary of the Company or any of its Affiliates that is now or hereafter becomes a party to any ABL Document.
ABL Credit Parties means any two or more of them, collectively.

Examples of ABL Credit Parties in a sentence

  • Each Lender further understands, acknowledges and agrees that (i) the provisions setting forth the priorities as between the ABL Credit Parties and the Term Secured Parties (as representative for themselves and the Second Lien Secured Parties) are set forth in the ABL/Term Intercreditor Agreement and (ii) the provisions setting forth the priorities as between the Term Secured Parties and the Second Lien Secured Parties are set forth in the Term Intercreditor Agreement.

  • All Term Obligations at any time made or incurred by any Loan Party shall be deemed to have been made or incurred in reliance upon this Agreement, and the ABL Agent, on behalf of itself and the ABL Credit Parties, hereby waives notice of acceptance, or proof of reliance, by the Term Agent or any Term Credit Party of this Agreement, and notice of the existence, increase, renewal, extension, accrual, creation, or non-payment of all or any part of the Term Obligations.

  • Notwithstanding the foregoing purchase of the ABL Obligations by the purchasing Term Credit Parties, the ABL Credit Parties shall retain the right to indemnification from the Loan Parties under Section 10.04 of the ABL Credit Agreement and other obligations of the Loan Parties under the ABL Documents which by their express terms would survive any repayment of the ABL Obligations.

  • The Term Agent is hereby authorized to make any such endorsements as agent for the ABL Agent or any such other ABL Credit Parties.

  • This Agreement is solely for the benefit of the ABL Agent, the ABL Credit Parties, the Term Agent and the Term Credit Parties.


More Definitions of ABL Credit Parties

ABL Credit Parties shall have the meaning assigned thereto in the Recitals hereto.
ABL Credit Parties shall have the meaning assigned to that term in the introduction to this Agreement.
ABL Credit Parties means collectively, the ABL Agent and the ABL Lenders.
ABL Credit Parties shall have the meaning given the term “Credit Parties” in the ABL Credit Agreement and “Term Loan Credit Parties” shall have the meaning given the term “Credit Parties” in the Term Loan Credit Agreement.
ABL Credit Parties means the Issuer, as borrower, and the other guarantors from time to time party to the ABL Credit Agreement.
ABL Credit Parties means all Agents and all lenders party to the ABL Credit Agreements.
ABL Credit Parties shall have the meaning assigned to that term in the recitals to this Agreement. “ABL Documents” shall mean the ABL Credit Agreement, the ABL Collateral Documents, all other “Loan Documents,” as defined in the ABL Credit Agreement, any Bank Product Documents between any ABL Credit Party and any ABL Bank Products Affiliate, any Secured Hedge Agreements between any ABL Credit Party and any Hedging Affiliate, any documents evidencing Secured Supply Chain Financing between any ABL Credit Party and a Supply Chain Bank, those other ancillary agreements as to which the ABL Agent or any ABL Lender is a party or a beneficiary and all other agreements, instruments, documents and certificates, now or hereafter executed by or on behalf of any ABL Credit Party or any of its respective Subsidiaries or Affiliates, and delivered to the ABL Agent, in connection with any of the foregoing or any ABL Credit Agreement, in each case as the same may be amended, supplemented, restated or otherwise modified from time to time in accordance with the terms thereof. “ABL Guarantors” shall mean the collective reference to the ABL Borrowers and any other Person who becomes a guarantor under the ABL Credit Agreement. “ABL Hedging Affiliate” shall mean any ABL Credit Agreement Lender and any other “Hedge Bank,” as defined in the ABL Credit Agreement. “ABL Lenders” shall have the meaning assigned to that term in the introduction to this Agreement and shall include all ABL Bank Product Affiliates and ABL Hedging Affiliates and all successors, assigns, transferees and replacements thereof, as well as any Person designated as a “Lender” or an “Issuing Bank” under any ABL Credit Agreement. “ABL Obligations” shall mean all “Obligations” as such term is defined in the ABL Credit Agreement, including all obligations of every nature of each ABL Credit Party from time to time owed to the ABL Agent, the ABL Secured Parties or any of them, under any ABL Document, whether for principal, interest, fees, expenses (including interest, fees, and expenses which, but for the filing of a petition in bankruptcy with respect to such ABL Credit Party, would have accrued on any ABL Obligation, whether or not a claim is allowed or allowable against such ABL Credit Party for such interest, fees, or expenses in the related Insolvency Proceeding), reimbursement of amounts drawn under letters of credit, indemnification or otherwise, and all other amounts owing or due under the terms of the ABL Documents, as amended, r...