ABL Guaranty definition

ABL Guaranty shall have the meaning assigned to that term in the recitals to this Agreement and shall also include any other guaranty made by an ABL Guarantor guaranteeing, inter alia, the payment and performance of any ABL Obligations.

ABL Guaranty shall have the meaning assigned to that term in the recitals to this Agreement.

ABL Guaranty has the meaning assigned to such term in the preamble.

Examples of ABL Guaranty in a sentence

• The titles of and section headings in this ABL Guaranty are for convenience of reference only, and shall not govern the interpretation of any of the terms and provisions of this ABL Guaranty.

• This ABL Guaranty may be executed in counterparts (and by different parties hereto on different counterparts), each of which shall constitute an original, but all of which when taken together shall constitute a single contract.

• This ABL Guaranty is a guaranty of payment and not of collection.

• This ABL Guaranty and the other Loan Documents constitute the entire agreement among the parties relating to the subject matter hereof and supersede any and all previous agreements and understandings, oral or written, relating to the subject matter hereof.

• No delay or omission of the Administrative Agent in exercising any right or remedy granted under this ABL Guaranty shall impair such right or remedy or be construed to be a waiver of any Default or Event of Default or an acquiescence therein, and any single or partial exercise of any such right or remedy shall not preclude any other or further exercise thereof or the exercise of any other right or remedy.

More Definitions of ABL Guaranty

ABL Guaranty shall have the meaning assigned to such term in the recitals to this Agreement as the same may be amended, supplemented, restated or otherwise modified from time to time and shall also include any other agreement amending or replacing such guaranty, whether with the same or any other agent, lender or group of lenders.

ABL Guaranty means the guaranty pursuant to Section VII of the ABL Credit Agreement.

ABL Guaranty means the collective reference to the “Guaranties” (as defined in the ABL Credit Agreement”) entered into by the ABL Guarantors and any other guarantee of the ABL Obligations entered into in connection with an Amendment or Refinancing of the ABL Credit Agreement, whether by the same or any other agent, lender or group of lenders.

ABL Guaranty has the meaning set forth in the Recitals to this Agreement.

ABL Guaranty means each guaranty made by an ABL Loan Party in favor of the ABL Finance Parties.

ABL Guaranty shall have the meaning assigned to that term in the recitals to this Agreement and shall also include any other agreement amending or replacing such agreement, whether by the same or any other agent, lender or group of lenders. “ABL Lenders” shall have the meaning assigned to that term in the introduction to this Agreement, as well as any Person which is a “lender” or “l/c issuer” under any ABL Credit Agreement. “ABL Loan Parties” shall have the meaning assigned to that term in the recitals to this Agreement. 5 “ABL Obligations” shall mean all obligations of every nature of each ABL Loan Party and its direct and indirect Subsidiaries from time to time owed to the ABL Secured Parties, or any of them, under any ABL Document, including, without limitation, all “Obligations” of each ABL Loan Party or similar term as defined in the ABL Credit Agreement, whether for principal, interest, reimbursement of amounts drawn under letters of credit, payments for early termination of swap contracts, fees, expenses, indemnification or otherwise, and all other amounts owing or due under the terms of the ABL Documents (including interest, fees, indemnification payments, expense reimbursements and other amounts which, but for the filing of an Insolvency Proceeding with respect to such ABL Loan Party, would have accrued on or been payable with respect to any ABL Obligation, whether or not a claim is allowed against such ABL Loan Party for such interest, fees, indemnification payments, expense reimbursements and other amounts in the related Insolvency Proceeding), as amended, restated, modified, renewed, refunded, replaced or refinanced in whole or in part from time to time in accordance with the terms hereof and thereof. “ABL Priority Collateral” shall mean all Collateral consisting of the following: (1) all Accounts, other than Accounts which constitute identifiable Proceeds of Term Priority Collateral; (2) all Credit Card Receivables; (3) all Inventory; (4) all Deposit Accounts; (5) all tax refunds or rebates, other than any such refunds or rebates relating to real estate or personal property taxes with respect to items constituting Term Priority Collateral; (6) all intercompany loans (together with all promissory notes relating thereto) owing from Foreign Subsidiaries to the ABL Loan Parties; (7) the Canadian Collateral; (8) the European Collateral; (9) to the extent relating to, arising from, evidencing or governing any of the items referred to in the preceding clauses, a...

ABL Guaranty shall have the meaning set forth in the recitals hereto.