ABL Secured Claim definition

ABL Secured Claim means any portion of the ABL Priority Debt not constituting an ABL Deficiency Claim.
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ABL Secured Claim means any Secured Claim against any of the
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ABL Secured Claim means any ABL Claim, or portion thereof, that is Secured.
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Examples of ABL Secured Claim in a sentence

  • On the Effective Date or as soon as reasonably practicable thereafter, in full and final satisfaction, compromise, settlement, release, and discharge of and in exchange for each Allowed PlainsCapital ABL Secured Claim, each holder of an Allowed PlainsCapital ABL Secured Claim shall receive the ABL Priority Collateral securing such Allowed PlainsCapital ABL Secured Claims.

  • Secured creditors: Term Loan Secured Claim – 100%; ABL Secured Claim – 54%.

  • Although Rule 8 does not require a plaintiff to set out in detail the facts upon which he bases his claim, “it demands more than an unadorned, the-defendant-unlawfully-harmed-me accusation.” Ashcroft v.

  • The site sits at the northern end of Fleming Park and had been in public use since the 1970s until the Magistrates Court closed down anumber of years ago and the Council moved into Eastleigh Town Centre in March 2014, since which time the offices remained vacant, although the Magistrates Court was used by a local arts and music charity up until the demolition of the building.

  • The Personnel Policy and Programs Division (Code 7.3.1) will maintain this instruction in a current status.

  • General Unsecured Claim means any Claim that is not: (a) a DIP Facility Claim; (b) an Administrative Claim; (c) a Professional Compensation Claim; (d) a Priority Tax Claim; (e) an Other Secured Claim; (f) an Other Priority Claim; (g) a Term Loan Secured Claim; (h) a PlainsCapital ABL Secured Claim; (i) a MAALT Secured Claim; or (j) an Intercompany Claim.

  • Except to the extent that a Holder of an Allowed ABL Secured Claim agrees to less favorable treatment, in full and final satisfaction, compromise, settlement, and release of and in exchange for each Allowed ABL Secured Claim, to the extent not already indefeasibly paid in full in Cash, each Holder of an Allowed ABL Secured Claim shall receive payment in full in Cash of such Holder’s Allowed ABL Secured Claim.


More Definitions of ABL Secured Claim

ABL Secured Claim means that portion of the Claim asserted by the ABL Agent for the benefit of the ABL Lenders, as may be Allowed, to the extent of the value of the ABL Agent’s asserted interest in Collateral to secure such Allowed Claim.
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ABL Secured Claim means that portion of the Claim asserted by the ABL Agent for the benefit of the ABL Lenders, as that Claim has been allowed in accordance with the Final DIP/Cash Collateral Order, equal to the value of the ABL Agent’s acknowledged interest in the Collateral securing such Allowed Claim and the aggregate recovery of the ABL Agent (or its subrogee, Investcorp) from the liquidation and/or sale of such Collateral, including all unutilized and unexpended amounts that have been funded in accordance with the Approved Budget.
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ABL Secured Claim means any Claim against any of the Debtors on account of the ABL Credit Agreement, including Claims for all principal amounts outstanding, interest, fees, expenses, costs, and other charges and obligations
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ABL Secured Claim means any portion of the ABL Debt not constituting an ABL Deficiency Claim. “ABL Security Agreement” means the “Security Agreement”, as that term is defined in the Initial ABL Credit Agreement as in effect on the date hereof. “Act of Required Secured Parties” shall have the meaning ascribed to such term in the Term Intercreditor Agreement.
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ABL Secured Claim means any Claim against any of “ABL Termination Agreement” means that
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Related to ABL Secured Claim

  • Secured Claim means a Claim that is secured by a Lien on property in which any of the Debtors’ Estates have an interest or that is subject to setoff under section 553 of the Bankruptcy Code, to the extent of the value of the Claim holder’s interest in such Estate’s interest in such property or to the extent of the amount subject to setoff, as applicable, as determined pursuant to section 506(a) of the Bankruptcy Code or, in the case of setoff, pursuant to section 553 of the Bankruptcy Code.

  • Other Priority Claim means any Claim other than an Administrative Claim or a Priority Tax Claim entitled to priority in right of payment under section 507(a) of the Bankruptcy Code.

  • Subordinated Claim means a Claim of the kind described in sections 726(a)(3) or 726(a)(4) of the Bankruptcy Code and/or Claims subordinated under sections 510(b) or 510(c) of the Bankruptcy Code.

  • Unsecured Claim means any Claim that is not a Secured Claim.

  • Other Secured Claim means any Secured Claim other than an Administrative Claim, Secured Tax Claim, DIP Facility Claim, or Prepetition Credit Agreement Claim.

  • Other Priority Claims means any Claim, other than an Administrative Claim or a Priority Tax Claim, entitled to priority in right of payment under section 507(a) of the Bankruptcy Code.

  • First Lien Obligations means, collectively, (i) the Credit Agreement Obligations and (ii) each Series of Other First Lien Obligations.

  • Allowed Claim means an Allowed Claim of the type described.

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

  • Other First Lien Obligations means (a) the due and punctual payment by any Loan Party of (i) the unpaid principal of and interest (including interest accruing during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed or allowable as a claim in such proceeding) on Indebtedness under any Other First Lien Agreement, when and as due, whether at maturity, by acceleration, upon one or more dates set for prepayment or otherwise, and (ii) all other monetary obligations of such Loan Party to any Secured Party under any Other First Lien Agreement, including obligations to pay fees, expense reimbursement obligations and indemnification obligations, whether primary, secondary, direct, contingent, fixed or otherwise (including monetary obligations incurred during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed or allowable as a claim in such proceeding), (b) the due and punctual performance of all other obligations of such Loan Party under or pursuant to any Other First Lien Agreement and (c) the due and punctual payment and performance of all the obligations of each other Loan Party under or pursuant to any Other First Lien Agreement.