ABL Event of Default means “Event of Default” as set forth in the ABL Credit Agreement.
ABL Event of Default means any “Event of Default” as defined in the ABL Loan Agreement.
ABL Event of Default means any “Event of Default” as defined in the Liggett Credit Agreement.
Examples of ABL Event of Default in a sentence
The Collateral Agent agrees with such Grantor that the Collateral Agent shall not give any such instructions unless a Specified ABL Event of Default has occurred and is continuing.
Whenever a Specified ABL Event of Default exists, the Administrative Agent shall have the right at any time, in the name of the Administrative Agent, any designee of the Administrative Agent or any Borrower, to verify the validity, amount or any other matter relating to any Accounts of any Borrower by mail, telephone or otherwise.
More Definitions of ABL Event of Default
ABL Event of Default means “Event of Default” as set forth in the ABL Credit Agreement. “ABL Facility” means the collective reference to the ABL Credit Agreement, any ABL Loan Document, any notes and letters of credit issued pursuant thereto and any guarantee, security agreement, patent, trademark or copyright security agreements, mortgages, letter of credit applications and other guarantees, pledge agreements, security agreements and collateral documents, and other instruments and documents, executed and delivered pursuant to or in connection with any of the foregoing, in each case as the same may be amended, supplemented, waived or otherwise modified from time to time, or refunded, refinanced, restructured, replaced, renewed, repaid, increased or extended from time to time, in each case to the extent permitted hereunder and under the ABL Intercreditor Agreement and any Refinancing Indebtedness thereof (unless such agreement, instrument or document expressly provides that it is not intended to be and is not an ABL Facility). “ABL Facility Administrative Agent” means Bank of America, in its capacity as administrative agent under the ABL Credit Agreement or any successor agent under the ABL Loan Documents. “ABL Financial Covenant” means the covenant set forth in Section 7.15 of the ABL Credit Agreement. “ABL Intercreditor Agreement” means the ABL Intercreditor Agreement substantially in the form of Exhibit G-1 among the Collateral Agent, Bank of America, as collateral agent under the ABL Credit Agreement and the representatives for purposes thereof for holders of one or more other classes of Indebtedness, the Borrower and the other parties thereto, as amended, restated, supplemented or otherwise modified from time to time in accordance with the requirements thereof and of this Agreement, and which shall also include any replacement intercreditor agreement entered into in accordance with the terms hereof. “ABL Lenders” means “Lenders” under the ABL Credit Agreement. “ABL Loan Documents” means, collectively, (i) the ABL Credit Agreement and (ii) the security documents, intercreditor agreements (including the ABL Intercreditor Agreement), guarantees, joinders and other agreements or instruments executed in connection with the ABL Facility or such other agreements, in each case, as amended, modified, supplemented, substituted, replaced, restated or refinanced, in whole or in part, from time to time including in connection with Refinancing Indebtedness of the ABL Facility. “ABL Obli...
ABL Event of Default means (a) an “Event of Default” under, and as defined in, the Revolving Credit Agreement, or any replacement credit agreement in respect of the Permitted ABL Facility, or (b) a “Default” under, and as defined in, the Revolving Credit Agreement, or any replacement credit agreement in respect of the Permitted ABL Facility, in respect of (i) failure by the Borrower to deliver its financial statements as required under the terms thereof or (ii) an involuntary bankruptcy proceeding commenced in respect of the Borrower, in each case, except where such Event of Default or such Default shall have been waived pursuant to the Revolving Credit Agreement or any replacement credit agreement in respect of the Permitted ABL Facility, as the case may be, or the event, circumstance or occurrence giving rise thereto shall have been cured or remedied.