Examples of ABL Guarantors in a sentence
For the avoidance of doubt, the consent and acknowledgement of the Borrowers, the ABL Guarantors and the Term Guarantors herein, shall not constitute a waiver of any of their rights available under the Loan Documents, at law or in equity.
The Prepetition Foreign ABL Borrowers’ obligations (the “Foreign ABL Obligations”) under the Prepetition ABL Facility are (i) guaranteed by the Prepetition Domestic ABL Guarantors, along with Quiksilver Canada Corp., QS Retail Canada Corp., Ug Manufacturing Co. Pty Ltd, and Quiksilver Japan Co., Ltd.
Gymboree engaged in arm’s length negotiations with the ABL Agents and the ABL Lenders and entered into that certain Waiver to Amended and Restated Credit Agreement, with the ABL Guarantors, the ABL Lenders, and the ABL Agents, dated as of May 22, 2017, pursuant to which the ABL Agents and the ABL Lenders agreed to waive the Specified Event of Default, allowing the Debtors to remain in compliance with the ABL Credit Agreement.
As used herein, the term “Companies” means Holdings, the Term Loan Borrower, the ABL Borrower, the Term Loan Guarantors, the ABL Guarantors and each of their respective Domestic Subsidiaries.
As more fully set forth in the Prepetition ABL Documents, prior to the Petition Date, the Parent Borrower and the Prepetition ABL Guarantors granted to the Prepetition ABL Agent, for the benefit of itself and the other Prepetition ABL Secured Parties, a first priority security interest in and continuing lien on (the “Prepetition ABLLiens”) the ABL Priority Collateral (as defined in the Prepetition ABL/Term Intercreditor Agreement (as defined herein)) (the “Prepetition ABL Collateral”).