DIP ABL Secured Parties definition

DIP ABL Secured Parties means the “Secured Parties” as defined in the DIP ABL Credit Agreement.
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DIP ABL Secured Parties means DIP ABL Agent, DIP ABL Lenders, the Issuing Bank (as defined in the DIP ABL Credit Agreement), the Issuing Bank (as defined in the DIP ABL Credit Agreement) and any affiliate of any DIP ABL Lender that has or may provide Banking Services and Swap Agreements (each as defined in the DIP ABL Credit Agreement).
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DIP ABL Secured Parties means the DIP ABL Agent and the DIP ABL Lenders.
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Examples of DIP ABL Secured Parties in a sentence

  • Nothing herein shall require the DIP Administrative Agent, Prepetition Term Loan Agent, DIP Term Lenders and the DIP ABL Secured Parties, or their respective professionals, to file a Proof of Claim or otherwise seek approval of the Court for payment of their reasonable and documented fees and expenses (including the reasonable and documented fees and expenses of their professionals), which payment shall be on the terms set forth in the DIP Orders.

  • The DIP ABL Secured Parties and the DIP Term Secured Parties may continue, at any time and without notice to the other parties hereto, to extend credit and other financial accommodations, lend monies and provide indebtedness to, or for the benefit of, any Credit Party on the faith hereof.

  • For the avoidance of doubt, notwithstanding anything to the contrary in the Final ABL Order, this paragraph 43 shall be binding upon, and adhere to the benefit of, the DIP ABL Secured Parties and Prepetition ABL Secured Parties.

  • However, the OEB intends to proceed with the notice of switchrequirement even if the EBT Standards constraints cannot be addressed.

  • In this model, the only source of cash to do this is the central bank that can lend liquidity in repo operations against collateral.

  • Given their current financial condition, financing arrangements, and capital structure, the Debtors have been and continue to be unable to obtain asset-based financing fromsources other than the DIP ABL Secured Parties on terms more favorable than the DIP ABL Credit Facility.

  • The DIP ABL Agent, DIP Term Loan Agent, DIP ABL Secured Parties and DIP Term Loan Secured Parties shall not be responsible for the payment or reimbursement of any fees or disbursements of any Professional Person incurred in connection with the Cases or any Successor Cases under any chapter of the Bankruptcy Code.

  • Each Secured Party Representative is hereby authorized by the other Secured Party Representative to make any such endorsements as agent for the other Secured Party Representative or any Fixed Asset Secured Parties or DIP ABL Secured Parties, as applicable.

  • The DIP Intercreditor Agreement is binding and enforceable against the Borrowers, the other “Grantors” thereunder, the Prepetition ABL Secured Parties, the Prepetition Term Loan Parties, the DIP ABL Secured Parties and the DIP Term Loan Parties in accordance with its terms and the Borrowers, the Prepetition ABL Secured Parties, the Prepetition Term Loan parties, the DIP ABL Secured Parties and DIP Term Loan Parties are not entitled to take any action that would be contrary to the provisions thereof.

  • During the Remedies Notice Period, DIP ABL Agent or DIP ABL Secured Parties shall not be required to consent to the use of any Cash Collateral or provide any loans or other financial accommodations under the DIP ABL Credit Facility other than for the payment of accrued and unpaid employee wages and benefits otherwise payable in the ordinary course and in accordance with the Approved Budget and subject to paragraph 39 and availability under the DIP ABL Credit Agreement.


More Definitions of DIP ABL Secured Parties

DIP ABL Secured Parties means the DIP ABL Facility Agent, the DIP ABL Facility Lenders, and any other party to whom Obligations (as defined in the DIP ABL Agreement) may be owed.
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Related to DIP ABL Secured Parties

  • ABL Secured Parties means the ABL Representative, the ABL Creditors and any other holders of the ABL Obligations.

  • Second Lien Secured Parties means, at any relevant time, the holders of Second Lien Obligations at such time, including without limitation the Second Lien Lenders and the agents under the Second Lien Credit Agreement.

  • First Lien Secured Parties means (i) the Credit Agreement Secured Parties and (ii) the Additional First-Lien Secured Parties with respect to each Series of Additional First-Lien Obligations.

  • Priority Lien Secured Parties means the holders of Priority Lien Obligations and any Priority Debt Representatives.

  • Required Secured Parties has the meaning given to it in the Intercreditor Agreement.

  • Prepetition Secured Parties means the “Secured Parties” under, and as defined in, the Prepetition Credit Agreement, in each case as amended, modified or supplemented through the Petition Date.

  • Secured Parties means, collectively, the Administrative Agent, the Collateral Agent, the Lenders, the Hedge Banks, the Cash Management Banks, the Supplemental Administrative Agent and each co-agent or sub-agent appointed by the Administrative Agent from time to time pursuant to Section 9.01(c).

  • Additional First Lien Secured Parties means the holders of any Additional First Lien Obligations and any trustee, authorized representative or agent of such Additional First Lien Obligations.

  • Term Loan Secured Parties means the “Secured Parties” as defined in the Term Loan Credit Agreement.

  • Additional Secured Parties means any Additional Agents and any Additional Creditors.

  • Senior Secured Parties means the Credit Agreement Secured Parties and any Additional Senior Debt Parties.

  • ABL Security Documents means any agreement, document or instrument pursuant to which a Lien is granted securing any ABL Obligations or under which rights or remedies with respect to such Liens are governed.

  • Second Priority Secured Parties means the Second Priority Representative, the Second Priority Creditors and any other holders of the Second Priority Obligations.

  • Notes Secured Parties means the Secured Noteholders, the Notes Collateral Agent and the Notes Trustee.

  • U.S. Secured Parties the “Secured Parties” as defined in the U.S. Guarantee and Collateral Agreement.

  • First Priority Secured Parties means, with respect to each Type of Common Collateral, the First Priority Representative and the holders of the First Priority Obligations.

  • Second Lien Agent has the meaning set forth in the Intercreditor Agreement.

  • Canadian Secured Parties means the Canadian Administrative Agent, the Canadian Facility Lenders, and the Banking Services Providers and Swap Counterparties who are owed any Canadian Secured Obligations.

  • Term Secured Parties shall have the meaning assigned to that term in the introduction to this Agreement.

  • Priority Lien Security Documents means the Priority Credit Agreement (insofar as the same grants a Lien on the Collateral), each agreement listed in Part A of Exhibit B hereto, and any other security agreements, pledge agreements, collateral assignments, mortgages, deeds of trust, control agreements, or grants or transfers for security, now existing or entered into after the date hereof, executed and delivered by the Borrower or any other Grantor creating (or purporting to create) a Lien upon Collateral in favor of the Priority Lien Agent (including any such agreements, assignments, mortgages, deeds of trust and other documents or instruments associated with any Priority Substitute Credit Facility).

  • Designated Second Priority Representative means (i) the Initial Second Priority Representative, until such time as the Second Priority Debt Facility under the Initial Second Priority Debt Documents ceases to be the only Second Priority Debt Facility under this Agreement and (ii) thereafter, the Second Priority Representative designated from time to time by the Second Priority Instructing Group, in a notice to the Designated Senior Representative and the Company hereunder, as the “Designated Second Priority Representative” for purposes hereof.

  • ABL Agent means Bank of America, N.A., acting in its capacity as collateral agent under the ABL Credit Facility, or any successor thereto in such capacity.

  • Additional First Lien Secured Party means the holders of any Additional First-Lien Obligations and any Authorized Representative with respect thereto, and shall include the Initial Additional First-Lien Secured Parties.

  • Issuer Secured Parties means the Trustee in respect of the Trustee Issuer Secured Obligations.

  • Second Priority Representative means (i) in the case of the Initial Second Priority Debt Facility covered hereby, the Initial Second Priority Representative and (ii) in the case of any Second Priority Debt Facility and the Second Priority Debt Parties thereunder the trustee, administrative agent, collateral agent, security agent or similar agent under such Second Priority Debt Facility that is named as the Representative in respect of such Second Priority Debt Facility in the applicable Joinder Agreement.

  • Required Secured Creditors means (i) at any time when any Credit Document Obligations are outstanding or any Commitments under the Credit Agreement exist, the Required Lenders (or, to the extent provided in Section 13.12 of the Credit Agreement, each of the Lenders) and (ii) at any time after all of the Credit Document Obligations have been paid in full and all Commitments under the Credit Agreement have been terminated and no further Commitments may be provided thereunder, the holders of a majority of the Other Obligations.