ABL Lien Obligations definition

ABL Lien Obligations means the ABL Debt and all other Obligations in respect of ABL Debt, and guarantees thereof, that are secured, or intended to be secured, under the ABL Lien Documents and are subject to the terms of the ABL Intercreditor Agreement, solely to the extent such Obligations and such guarantees thereof are permitted to be incurred under the ABL Lien Documents and the Secured Debt Documents and are so secured under the ABL Lien Documents.
ABL Lien Obligations means the ABL Debt and all other Obligations in respect of ABL Debt, and guarantees thereof, and including obligations with respect to loans, letters of credit, Swap Obligations, Bank Product Obligations, obligations to provide cash collateral in respect of letters of credit or Bank Product Obligations or indemnities in respect thereof, any other indemnities or guarantees, and all other amounts payable under or that are secured, or intended to be secured, under the ABL Lien Documents and are subject to the terms of the ABL Intercreditor Agreement, solely to the extent such Obligations and such guarantees thereof are permitted to be incurred under the ABL Lien Documents and the Secured Debt Documents and are so secured under the ABL Lien Documents.
ABL Lien Obligations means the ABL Lien Debt and all other Obligations in respect of ABL Lien Debt, together with Bank Product Liability and/or Hedging Obligations and guarantees thereof that are secured, or intended to be secured, under the ABL Lien Documents if the provider of such Bank Product Liability and/or Hedging Obligations has agreed to be bound by the terms of the Intercreditor Agreement as a holder of ABL Lien Obligations or such provider’s interest in the ABL Collateral is subject to the terms of the Intercreditor Agreement as a holder of ABL Lien Obligations and if such Bank Product Liability and/or Hedging Obligations and such guarantees thereof are permitted to be incurred and so secured under the ABL Lien Documents.

More Definitions of ABL Lien Obligations

ABL Lien Obligations means the ABL Lien Debt and all other Obligations in respect of ABL Lien Debt, together with Hedging Obligations and Bank Product Liabilities, and guarantees thereof, that are secured, or intended to be secured, under the ABL Lien Documents if the provider of such Hedging Obligations or Bank Product Liabilities has agreed to be bound by the terms of the Intercreditor Agreement as a holder of ABL Lien Obligations or such provider’s interest in the ABL Collateral is subject to the terms of the Intercreditor Agreement as a holder of ABL Lien Obligations and if such Hedging Obligations and/or Bank Product Liabilities and such guarantees thereof are permitted to be incurred and so secured under the ABL Lien Documents.
ABL Lien Obligations means the ABL Debt and all other Obligations in respect of ABL Debt, and guarantees thereof, and including obligations with respect to loans, letters of credit, Hedging Obligations, Bank Product Obligations, obligations to provide cash collateral in respect of letters of credit or Bank Product Obligations or indemnities in respect thereof, any other indemnities or guarantees, and all other amounts payable under or that are secured, or intended to be secured, under the ABL Lien Documents and are subject to the terms of the Intercreditor Agreements, solely to the extent such Obligations and such guarantees thereof are permitted to be incurred under the ABL Lien Documents and the Notes Priority Collateral Secured Debt Documents and are so secured under the ABL Lien Documents.

Related to ABL Lien Obligations

  • Second Lien Obligations means the “Obligations” as defined in the Second Lien Credit Agreement.

  • Priority Lien Obligations means Priority Lien Debt and all other Obligations in respect thereof.

  • Junior Lien Obligations means Junior Lien Debt and all other Obligations in respect thereof.

  • Parity Lien Obligations means Parity Lien Debt and all other Obligations in respect thereof.

  • First Lien Obligations means the “Obligations” as defined in the First Lien Credit Agreement.

  • Additional First Lien Obligations means any Indebtedness having Pari Passu Lien Priority relative to the Notes with respect to all or a portion of the Collateral whose Authorized Representative has executed a joinder to the First Lien Intercreditor Agreement.

  • Other Pari Passu Lien Obligations means any Indebtedness or other Obligations (including Hedging Obligations) having Pari Passu Lien Priority relative to the Notes with respect to the Collateral; provided, that an authorized representative of the holders of such Indebtedness shall have executed a joinder to the Pari Passu Intercreditor Agreement.

  • Additional Second Lien Obligations means, with respect to any Grantor, any obligations of such Grantor owed to any Additional Second Lien Secured Party (or any of its Affiliates) in respect of the Additional Second Lien Documents.

  • Discharge of Priority Lien Obligations means the occurrence of all of the following:

  • Discharge of Second Lien Obligations means the occurrence of all of the following:

  • Note Obligations means the Notes, the Guarantees and all other obligations of any obligor under this Indenture, the Notes, the Guarantees and the Security Documents.

  • Discharge of First Lien Obligations shall have the meaning assigned to such term in the Intercreditor Agreement.

  • Second Priority Obligations means (a) with respect to the Existing Second Priority Agreement, all “Secured Obligations” of each Loan Party as defined in the “Security Agreement” referred to in the Existing Second Priority Agreement and (b) with respect to each other Second Priority Agreement, (i) all principal of and interest (including without limitation any Post-Petition Interest) and premium (if any) on all indebtedness under such Second Priority Agreement, and (ii) all guarantee obligations, fees, expenses and other amounts payable from time to time pursuant to the applicable Second Priority Documents, in each case whether or not allowed or allowable in an Insolvency Proceeding. To the extent any payment with respect to any Second Priority Obligation (whether by or on behalf of any Loan Party, as proceeds of security, enforcement of any right of setoff or otherwise) is declared to be a fraudulent conveyance or a preference in any respect, set aside or required to be paid to a debtor in possession, any First Priority Secured Party, receiver or similar Person, then the obligation or part thereof originally intended to be satisfied shall, for the purposes of this Agreement and the rights and obligations of the First Priority Secured Parties and the Second Priority Secured Parties hereunder, be deemed to be reinstated and outstanding as if such payment had not occurred.

  • ABL Collateral means all of the assets and property of any Grantor, whether real, personal or mixed, with respect to which a Lien is granted as security for any ABL Obligations.

  • Priority Lien Debt has the meaning assigned to such term in the Intercreditor Agreement.

  • Senior Obligations is defined in Section 5.1 of this Agreement.