ABL Facility Collateral definition

ABL Facility Collateral means all assets and properties subject to Liens created by the ABL Security Documents to secure the ABL Debt Obligations.

ABL Facility Collateral has the meaning given to such term in the ABL Intercreditor Agreement.

ABL Facility Collateral will consist of all present and after-acquired inventory, accounts receivable, related contracts and other rights, deposit accounts into which proceeds of the foregoing are credited and books and records related thereto, together with all proceeds of the foregoing, in each case to the extent of the rights, title and interest therein of any “Borrower” under the ABL Facility.

Examples of ABL Facility Collateral in a sentence

• If the character of the work so permits, and with the authorization of the author, his heirs or his successors in title, he may entrust the completion of the work to a third party, mentioning the fact in the edition, in which the added text shall be clearly distinguished typographically.

• Two years on since the UK voted to leave the EU, the timing of the divorce— known as Brexit—originally due at the end of March, remains undecided as of mid-May (when this report is written).

• If the Term Loan Collateral Agent or any Term Loan Secured Party shall, at any time, receive any Proceeds of any such Insurance policy or any such award or payment in contravention of this Section 4.4(b), it shall pay such Proceeds over to the ABL Facility Collateral Agent in accordance with the terms of Section 4.3.

• ENTSO for Electricity shall draft a report on capacity calculation and allocation and submit it to the Agency.

• The ABL Facility Collateral Agent and the ABL Facility Secured Parties shall have no duty to the Term Loan Collateral Agent or any of the Term Loan Secured Parties to act or refrain from acting in a manner which allows, or results in, the occurrence or continuance of an event of default or default under any agreements with the Borrower or any other Grantor (including the ABL Facility Documents and the Term Loan Documents), regardless of any knowledge thereof which they may have or be charged with.

• Liquidation Value of ABL Facility Collateral Boomerang Tube Best Interest Analysis of Recovery to ABL Lenders in an Orderly Liquidation of Collateral $s in 000's Note Net Book Value Est.

• All notices to the ABL Facility Secured Parties and the Term Loan Secured Parties under this Agreement shall also be sent to the ABL Facility Collateral Agent and the Directing Term Loan Collateral Agent, respectively.

• When verifying automation, the workflow and allocation of tasks can be dynamic, depending upon the operator’s attention, workload, expertise, complexity, and criticality of the task [V2 3006] Human Centered Task Analysis.

• The ABL Facility Collateral Agent, on behalf of itself and the other ABL Facility Secured Parties, acknowledges and agrees that the Term Loan Collateral Agent and the Term Loan Secured Parties have made no express or implied representation or warranty, including with respect to the execution, validity, legality, completeness, collectability or enforceability of any of the Term Loan Documents, the ownership of any Collateral or the perfection or priority of any Liens thereon.

• The ABL Facility Administrative Agent and the ABL Facility Collateral Agent (collectively, the “ABL Agents”) have asserted that pursuant to the terms of that certain Guarantee and Collateral Agreement, dated as of June 12, 2015, by and among Debtor CHC Cayman ABL Holdings Ltd., Debtor CHC Cayman ABL Borrower Ltd.

More Definitions of ABL Facility Collateral

ABL Facility Collateral means, collectively, (a) all assets of Borrower and (b) all assets of each Guarantor other than the Collateral.

ABL Facility Collateral has the meaning given to such term in the ABL Intercreditor Agreement. - 1- “ABL Intercreditor Agreement” means an intercreditor agreement substantially in the form of Exhibit J-2 (which agreement in such form or with immaterial changes thereto the Collateral Agent is authorized to enter into) among Holdings I, the Borrower, the Subsidiaries of the Borrower from time to time party thereto, the Collateral Agent, the ABL Collateral Agent and one or more collateral agents or representatives for the holders of Indebtedness that is permitted under Section 7.03 to be, and intended to be, secured on a pari passu basis with the Liens securing the Obligations. “ABL Lender” means any lender or holder or agent or arranger of Indebtedness under the ABL Credit Agreement. “ABL Priority Collateral” has the meaning given to such term in the ABL Intercreditor Agreement. “Acceptable Discount” has the meaning set forth in Section 2.05(a)(v)(D)(2). “Acceptable Prepayment Amount” has the meaning set forth in Section 2.05(a)(v)(D)(3). “Acceptance and Prepayment Notice” means a notice of the Borrower’s acceptance of the Acceptable Discount in substantially the form of Exhibit M-3. “Acceptance Date” has the meaning set forth in Section 2.05(a)(v)(D)(2). “Acquired EBITDA” means, with respect to any Acquired Entity or Business or any Converted Restricted Subsidiary for any period, the amount for such period of Consolidated EBITDA of such Acquired Entity or Business or Converted Restricted Subsidiary (determined as if references to the Borrower and the Restricted Subsidiaries in the definition of Consolidated EBITDA were references to such Acquired Entity or Business and its Subsidiaries or to such Converted Restricted Subsidiary and its Subsidiaries), as applicable, all as determined on a consolidated basis for such Acquired Entity or Business or Converted Restricted Subsidiary, as applicable. “Acquired Entity or Business” has the meaning set forth in the definition of the term “Consolidated EBITDA.” “Acquisition” means the acquisition by Omaha Acquisition Inc., directly or indirectly, of all of the outstanding class A and class B shares of the Company on the terms and subject to the conditions set forth in the Purchase Agreement. “Additional B-3 Dollar Term Commitments” means, with respect to the Additional B-3 Dollar Term Lender, its commitment to make an Initial B-3 Dollar Term Loan on the Amendment No. 4 Effective Date in an amount equal to $272,077,056.06 (which amount represe...

ABL Facility Collateral means all of the assets of Horsehead or any ABL Facility Guarantor, whether now owned or hereafter existing and whether real, personal or mixed, with respect to which a Lien is granted or held as security for both the ABL Facility Claims and the Obligations under the Senior Secured Notes Indenture and including, without limitation, all proceeds and products thereof.

ABL Facility Collateral means any and all present and future right, title and interest of the Borrowers in and to the following, whether now owned or hereafter acquired, existing or arising, and wherever located: (a) all accounts, chattel paper and other Receivables; (b) all Inventory; (c) all Restricted Accounts, including all funds credited thereto or deposited therein; (d) to the extent evidencing, governing, securing or otherwise related to the items referred to in the preceding clauses (a), (b) and (c) of this definition, all related contracts, contract rights, documents (including bills of lading with respect to High Seas Inventory), instruments and other evidences of indebtedness, payment intangibles, letter-of-credit rights and other supporting obligations and other claims or causes of action; (e) all books and records relating to the foregoing; and (f) all proceeds of any and all of the foregoing (including commercial tort claims constituting proceeds). Terms used in the foregoing definition which are defined in the UCC and not otherwise defined in this Agreement have the meanings specified in the UCC.

ABL Facility Collateral means all present and after-acquired inventory, accounts receivable, related contracts and other rights, deposit accounts into which proceeds of the foregoing are credited and books and records related thereto, together with all proceeds of the foregoing, in each case to the extent of the rights, title and interest therein of any “Borrower” under the ABL Facility.