ABL Hedging Obligations definition

ABL Hedging Obligations means Hedging Obligations (other than any First Lien Term Loan Hedging Obligations) that are secured under the ABL Loan Documents.
ABL Hedging Obligations means (i) the full and prompt payment when due (whether at the stated maturity, by acceleration or otherwise) of all obligations (including obligations which, but for the automatic stay under Section 362(a) of the Bankruptcy Code, would become due) and liabilities (including, without limitation, indemnities, fees and interest thereon and including the payment of interest and other amounts that would accrue and become due but for the commencement of any Insolvency or Liquidation Proceeding at the rate provided for in the respective documentation, whether or not a claim for post-petition interest is allowed in any such Insolvency or Liquidation Proceeding) of each Grantor owing to the ABL Hedge Providers, now existing or hereafter incurred under, arising out of or in connection with each ABL Hedge Agreement (including all such obligations and indebtedness under any guarantee to which each Grantor is a party) and (ii) the due performance and compliance by each Grantor with the terms, conditions and agreements of each ABL Hedge Agreement.
ABL Hedging Obligations means, with respect to any specified Person, the obligations of such Person under any ABL Hedge Agreement.

Examples of ABL Hedging Obligations in a sentence

  • The parties hereto acknowledge and agree that any Hedging Obligations may constitute either ABL Hedging Obligations or First Lien Term Loan Hedging Obligations, but not both.


More Definitions of ABL Hedging Obligations

ABL Hedging Obligations means the “ABL Hedging Obligations” (as defined in the ABL Intercreditor Agreement).
ABL Hedging Obligations means all Hedging Obligations (as defined in the Indenture) of the Company or any of its Subsidiaries or Cash Management Obligations (as defined in the Indenture) of the Company or any of its Subsidiaries in each case owing to an ABL Lender or an Affiliate of an ABL Lender at the time of entry into such Hedging Obligations or Cash Management Obligations.
ABL Hedging Obligations shall have the meaning assigned to such term in the Intercreditor Agreement.
ABL Hedging Obligations means (i) the full and prompt payment when due (whether at the stated maturity, by acceleration or
ABL Hedging Obligations has the meaning set forth in the Junior Lien Intercreditor Agreement.
ABL Hedging Obligations means Hedging Obligations entered into with a Bank Product Provider (as defined in the ABL Credit Agreement) that are secured under the ABL Documents.
ABL Hedging Obligations means any obligations arising under a “Swap Contract” (or similar term) (as defined in the ABL Credit Agreement) that are owed to an ABL Hedge Provider. “ABL Lenders” means, as of any date of determination, the holders of the ABL Debt at that time, including the Initial ABL Lenders. “ABL Mortgages” means each Mortgage under which any Lien on Real Property or Fixtures owned or leased by any Grantor is granted to secure any ABL Debt or under which rights or remedies with respect to any such Liens are governed.