ABL Recovery definition
ABL Recovery shall have the meaning set forth in Section 5.3(a).
ABL Recovery shall have the meaning set forth in Section 5.3(a). “ABL Secured Parties” shall mean, collectively, the “Secured Parties,” as defined in the ABL Credit Agreement, and shall include the ABL Agent and the ABL Lenders. “Account(s)” means “accounts” as defined in the UCC, and also means a right to payment of a monetary obligation, whether or not earned by performance, (a) for property that has been or is to be sold, leased, licensed, assigned, or otherwise disposed of, (b) for services rendered or to be rendered, or (c) arising out of the use of a credit or charge card or information contained on or for use with the card. The term “Account” does not include (a) rights to payment evidenced by chattel paper or an instrument, (b)
Examples of ABL Recovery in a sentence
If this Agreement shall have been terminated prior to such ABL Recovery, this Agreement shall be reinstated in full force and effect in the event of such ABL Recovery, and such prior termination shall not diminish, release, discharge, impair, or otherwise affect the obligations of the Parties from such date of reinstatement.