ABL Loan Parties definition

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

ABL Loan Parties means the “Loan Parties” as defined in the ABL Credit Agreement.

ABL Loan Parties means, collectively, the borrowers and guarantors from time to time party to the ABL Documents.

Examples of ABL Loan Parties in a sentence

• The ME/RE Loans under the 2022 ABL Credit Agreement are secured on a first priority basis by, among other things, certain real estate and machinery and equipment (the “Specified ME/RE Collateral”), accounts receivable, deposit accounts, securities accounts and inventory of the ABL Loan Parties (collectively, the “ABL Priority Collateral”) and on a second priority basis by substantially all of the other assets of the ABL Loan Parties, subject to the terms of the Intercreditor Agreement (as defined below).

• Documents required to be delivered pursuant to Section 6.02(b)(ii), (c), (g), or (h) shall only be required to be delivered to the extent that the Loan Parties are able upon the use of commercially reasonable efforts to obtain any consents of the ABL Agent or the ABL Loan Parties or such other third party consents as may be required in order for the Loan Parties to be able to deliver such documents as otherwise required pursuant to this Agreement.

• Further, the parties hereto agree that, after the Discharge of Priority Debt and so long as the Discharge of Priority Noteholder Debt has not occurred, none of the ABL Loan Parties shall grant any additional Liens on any asset to secure any Excess ABL Debt unless it has granted, or substantially concurrently therewith shall grant, a Lien on such asset to secure the Noteholder Debt.

• The Arranger notifies you, each other Parent Company and the ABL Loan Parties that, pursuant to the requirements of the USA PATRIOT Act (Title III of Pub.

• The Arranger and its affiliates will have economic interests that are different from or conflict with those of you, the other Parent Companies, Merger Sub, the Sponsor and the ABL Loan Parties regarding the transactions contemplated hereby, and you acknowledge and agree that the Arranger and its affiliates have no obligation to disclose such interests to you.

More Definitions of ABL Loan Parties

ABL Loan Parties means each Group Member that is a party to an ABL Loan Document.

ABL Loan Parties means all of them, collectively.

ABL Loan Parties means the ABL Borrower and the Company, as parent guarantor.

ABL Loan Parties means, collectively, (i) Liggett Group LLC, (ii) 100 Maple LLC and (iii) their respective successors and permitted assigns.

ABL Loan Parties has the meaning assigned to it in the definition of “Borrowing Base.”

ABL Loan Parties has the meaning assigned to the term “Loan Parties” in the ABL Credit Agreement. “ABL Obligations” means all Indebtedness and other obligations of the Borrower and any other ABL Loan Parties outstanding under or pursuant to the ABL Loan Documents, together with guarantees thereof that are secured, or intended to be secured, under the ABL Loan Documents, including any direct or indirect, absolute or contingent, interest and fees that accrue after the commencement by or against the Borrower or any other ABL Loan Party of any proceeding under any Debtor Relief Laws naming such Person as the debtor in such proceeding, regardless of whether such interest and fees are allowed claims in such proceeding, and any obligations under a Secured Hedge Agreement or a Secured Cash Management Agreement (in each case, as defined in the ABL Credit Agreement) that are secured pursuant to the ABL Loan Documents. “ABL Priority Collateral” has the meaning assigned to the term “ABL Collateral” in the ABL Intercreditor Agreement. “ABL Representative” means initially, Ally Bank, in its capacity as administrative agent and collateral agent under the ABL Credit Agreement and the other ABL Loan Documents and any other administrative agent, collateral agent or representative of the holders of ABL Obligations appointed as a representative for purposes related to the administration of the ABL Loan Documents pursuant to the ABL Credit Agreement, in such capacity as provided in the ABL Credit Agreement. “Accepting Lender” has the meaning specified in Section 10.01. “Acquired Indebtedness” means, with respect to any specified Person, (a) Indebtedness of any other Person existing at the time such other Person is merged, amalgamated or consolidated with or into or becomes a Restricted Subsidiary of such specified Person, whether or not such Indebtedness is Incurred in connection with, or in contemplation of, such other Person merging, amalgamating or consolidating with or into, or becoming a Restricted Subsidiary of, such specified Person and (b) Indebtedness secured by a Lien encumbering any asset acquired by such specified Person. “Acquisition” has the meaning specified in the Preliminary Statements of this Agreement.

ABL Loan Parties means Macy’s Inventory Holdings LLC, a Delaware limited liability company, and Macy’s Inventory Funding LLC, a Delaware limited liability company.