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.

  • This Agreement and the rights and benefits hereof shall inure to the benefit of the Term Loan Secured Parties and the ABL Facility Secured Parties and each of their respective successors and assigns.

  • The undersigned hereby agrees, for the enforceable benefit of all existing and future ABL Facility Secured Parties and all existing and future Term Loan Secured Parties that the undersigned is [(and the [ABL Facility Secured Parties][Term Loan Secured Parties][Additional Term Priority Obligations Secured Parties] represented by it are)]4 bound by the terms, conditions and provisions of the Intercreditor Agreement to the extent set forth therein.


More Definitions of ABL Facility Secured Parties

ABL Facility Secured Parties means, at any time, the persons holding any ABL Obligations, including the ABL Facility Agent.
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 shall have the meaning specified therefor in the Initial Intercreditor Agreement.
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.
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 any other “Indemnified Person” under, and as defined in, the ABL Facility Credit Agreement (or any comparable term as defined in any other ABL Facility Document) and shall include (i) 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, and (ii) all successors to such Persons included pursuant to a Refinancing under Section 8.19, (b) the ABL Facility Cash Management Creditors and (c) the ABL Facility Hedging Creditors.
ABL Facility Secured Parties in Section 1.01(b) of the Intercreditor Agreement is amended by replacing “clause (c)” in the third line thereof with “clause (b)”.