ABL Indebtedness definition

ABL Indebtedness means any (1) Indebtedness outstanding from time to time under any ABL Credit Agreement, (2) all Obligations with respect to such Indebtedness and any Swap Contracts Incurred with any ABL Lender (or its Affiliates) and secured by the ABL Collateral (as defined in the ABL Credit Agreement) and (3) all Cash Management Services (as defined in the ABL Credit Agreement) Incurred with any ABL Lender (or its Affiliates) and secured by the ABL Collateral.
ABL Indebtedness means Indebtedness under the ABL Documents.
ABL Indebtedness means any (a) Indebtedness outstanding from time to time under the ABL Facility and (b) any obligations owing by any Loan Party under any Swap Contract to the ABL Administrative Agent (or any of its Affiliates) or any ABL Lender (or any of its Affiliates) and secured by the ABL Priority Collateral and (c) any facilities or services provided under a Cash Management Agreement incurred with the ABL Administrative Agent (or any of its Affiliates) or any ABL Lender (or any of its Affiliates) and secured by the ABL Priority Collateral.

Examples of ABL Indebtedness in a sentence

  • Permit Holdings or any Subsidiary of Holdings, any Loan Party or any Subsidiary of any Loan Party, or any Affiliate of any of the foregoing Persons, to acquire any ABL Indebtedness, in each case except to the extent that such ABL Indebtedness is immediately cancelled and discharged.

  • Not permit any Credit Party or any of their Subsidiaries to purchase or hold any of the ABL Indebtedness.

  • If the ABL Agent or any holder of the ABL Indebtedness receives any additional guaranty, letter of credit, collateral or any other credit enhancement after the Closing Date from any Credit Party or any of its Subsidiaries, each Credit Party shall, and shall cause each of its Subsidiaries to, cause the same to be granted to Collateral Agent, for the benefit of the Secured Parties, subject to the terms of the Intercreditor Agreement.

  • At such meeting, Roma also presented their services in respect of managed discretionary accounts to the Company.

  • The Guarantor General Unsecured Recovery Cash Pool Account (1) shall not be and shall not be deemed property of the Debtors or the Reorganized Debtors, (2) shall be held in trust to fund distributions as provided herein, and (3) no Liens, Claims, or Interests shall encumber the Guarantor General Unsecured Recovery Cash Pool Account in any way (whether on account of the New ABL Indebtedness, the New Debt, or otherwise).


More Definitions of ABL Indebtedness

ABL Indebtedness means the “Obligations” under and as defined in the ABL Credit Agreement, together with any other Indebtedness owing by any Loan Party to the ABL Agent or any lender or secured party under any ABL Loan Document from time to time.
ABL Indebtedness means Indebtedness in the form of loans that constitutes ABL Obligations.
ABL Indebtedness means any Indebtedness outstanding from time to time under an asset-based facility with advances thereunder based on a borrowing base, the terms of which shall be set forth in a credit or other financing agreement in form and substance satisfactory to the Required Lenders (such agreement, and as the same may be further modified in accordance with the ABL Intercreditor Agreement, the “ABL Credit Agreement”).
ABL Indebtedness means, collectively, the “Obligations” as defined in the ABL Credit Agreement not to exceed the amount of any such Indebtedness permitted pursuant to Section 6.1(j).
ABL Indebtedness. Indebtedness outstanding or incurred from time to time under the ABL Credit Agreement and the other ABL Loan Documents, in each case, to the extent permitted under the Intercreditor Agreement. BUSINESS.31509358.18
ABL Indebtedness mean Indebtedness incurred under the ABL Loan Documents.