ABL Creditors definition

ABL Creditors means, collectively, the “Lenders” and the “Secured Parties”, each as defined in the ABL Agreement.
ABL Creditors means the “Lenders” as defined in the ABL Agreement.

Examples of ABL Creditors in a sentence

  • Term Collateral Agent, on behalf of itself and the Term Creditors under the Term Loan Documents, acknowledge and agree that each of the ABL Collateral Agent and the ABL Creditors have made no express or implied representation or warranty, including with respect to the execution, validity, legality, completeness, collectibility or enforceability of any of the ABL Documents, the ownership of any Collateral or the perfection or priority of any Liens thereon.

  • The Borrower acknowledges and agrees that the value of any payments or distributions in cash, property or other assets received by any of the Term Collateral Agent or the Term Creditors and paid over to the ABL Collateral Agent or the ABL Creditors pursuant to, and applied in accordance with this Agreement, shall not relieve or reduce any of the Obligations owed by the Borrower under the Term Loan Documents.

  • Except as otherwise set forth in this Agreement, the ABL Collateral Agent, the ABL Creditors, the Term Collateral Agent and the Term Creditors may exercise rights and remedies as unsecured creditors against Holdings, Borrower or any Grantor that has guaranteed (x) the ABL Obligations in accordance with the terms of the ABL Loan Documents and applicable law and/or (y) the Term Obligations in accordance with the terms of the Term Loan Documents and applicable law.

  • This Agreement and the rights and benefits hereof shall inure to the benefit of each of the parties hereto and its respective successors and assigns and shall inure to the benefit of each of the ABL Creditors and the Term Creditors.

  • This Agreement shall be binding upon the ABL Collateral Agent, the ABL Creditors, the Term Collateral Agent, the Term Creditors and their respective successors and assigns, including without limitation any successor or assign to all or a portion of the duties of any Collateral Agent (or any sub-agent or sub-collateral agent appointed by it).


More Definitions of ABL Creditors

ABL Creditors means collectively, the “Lenders” and the “Secured Parties,” each as defined in the ABL Agreement or any Persons that are designated under the ABL Agreement as the “ABL Creditors” for purposes of the ABL Intercreditor Agreement.
ABL Creditors means the ABL Lenders together with all ABL Bank Product Providers, ABL Hedging Providers, ABL Management Credit Providers, and all successors, assigns, transferees and replacements thereof, as well as any Person designated as a “Lender” or “Senior Priority Creditor” under any ABL Credit Agreement.
ABL Creditors means the ABL Agent, the ABL Lenders and the other Persons from time to time holding ABL Obligations.
ABL Creditors means each Agent, each Issuing Lender, the Swingline Lender and each ABL Lender.
ABL Creditors means, collectively, the "Lenders" and the "Secured Parties", each as defined in the ABL Agreement. "ABL Default" means any "Event of Default", as such term is defined in any ABL Document. "ABL DIP Financing" has the meaning set forth in Section 5.2(a). "ABL Documents" means the ABL Agreement, each ABL Security Documents, each ABL Guarantee and each other "Loan Document" as defined in the ABL Agreement.
ABL Creditors collectively, the ABL Agent and the ABL Lenders.
ABL Creditors means, collectively, ABL Agent, each ABL Lender, each affiliate or branch of any ABL Lender that makes loans under the ABL Credit Agreement, each ABL Bank, each ABL Letter of Credit Issuer, each ABL Designated Bank Products Provider, and all successors, assigns, transferees and replacements thereof, as well as any Person designated as a “Lender” under any ABL Credit Agreement.