ABL Facility Secured Parties definition

ABL Facility Secured Parties means (a) the holders of ABL Facility Obligations, (b) the Representative(s) with respect thereto and (c) the successors and assigns of each of the foregoing.

ABL Facility Secured Parties means the “Secured Parties” as defined in the ABL Facility.

ABL Facility Secured Parties means (a) the lenders (including, in any event, each letter of credit issuer and each swingline lender), agents and arrangers from time to time under the ABL Facility Credit Agreement and shall include all former lenders, agents and arrangers under the ABL Facility Credit Agreement to the extent that any ABL Facility Obligations owing to such Persons were incurred while such Persons were lenders, agents or arrangers under the ABL Facility Credit Agreement and such ABL Facility Obligations have not been paid or satisfied in full, (b) the ABL Facility Cash Management Creditors and (c) the ABL Facility Hedging Creditors.

Examples of ABL Facility Secured Parties in a sentence

• The ABL Facility Secured Parties will be entitled to manage and supervise their respective loans and extensions of credit under their respective ABL Facility Documents in accordance with law and as they may otherwise, in their sole discretion, deem appropriate.

• The provisions of this Agreement are and are intended solely for the purpose of defining the relative rights of the ABL Facility Secured Parties and the First-Lien Secured Parties in relation to one another.

• This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns, as well as the other ABL Facility Secured Parties and the other First-Lien Secured Parties, all of whom are intended to be bound by, and to be third party beneficiaries of, this Agreement.

• 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.

• 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.

More Definitions of ABL Facility Secured Parties

ABL Facility Secured Parties means, at any time, the holders of the ABL Obligations at that time, including, without limitation, the ABL Lenders and the ABL Facility Collateral Agent under the ABL Credit Agreement and the Bank Product Providers.

ABL Facility Secured Parties shall have the meaning specified therefor in the Initial Intercreditor Agreement.

ABL Facility Secured Parties means each member of the Lender Group and each of the Bank Product Providers.

ABL Facility Secured Parties means, at any time, (a) the ABL Lenders (and any Affiliate (as defined in the ABL Facility) of an ABL Lender designated by the Company as a provider of cash management services to which any obligation referred to in clause (c) of the definition of the term “Obligations” (as defined in the ABL Facility Security Agreement) is owed), (b) the ABL Facility Collateral Agent, (c) each Issuing Bank (as defined in the ABL Facility) party to the ABL Facility, (d) each counterparty to any Swap Agreement entered into with the Company and its subsidiaries, the obligations under which constitute “Obligations” (as defined in the ABL Facility Security Agreement), (e) the beneficiaries of each indemnification obligation undertaken by any of the Company and its subsidiaries party under any ABL Facility Document and (f) the successors and permitted assigns of each of the foregoing.

ABL Facility Secured Parties has the meaning assigned to such term in the ABL Intercreditor Agreement.

ABL Facility Secured Parties means the “Lenders” (as defined in the ABL Loan Agreement) and the ABL Agent.

ABL Facility Secured Parties means, at any time, the lenders, affiliates of lenders, issuing bank, swingline lender, counterparties to Swap Agreements entered into with the Company and its affiliates, the beneficiaries of indemnification obligations understaken by any of the Company and its affiliates, in each case party to any ABL Facility Document and the successors and permitted assigns of each of the foregoing, in each case to the extent such party has been granted a Lien on the assets of the Company, Holdings or the subsidiaries of Holdings under the ABL Facility Security Documents.