New ABL Documents definition

New ABL Documents means, collectively, the New ABL Agreement and any notes, certificates, agreements, intercreditor agreements, security agreements, security documents and any other collateral, guarantee, and ancillary documents executed in connection with the New ABL Agreement, the material terms of which shall be included in the Plan Supplement, and which terms shall be consistent with the terms and subject to the conditions set forth in the Restructuring Support Agreement and otherwise subject to the applicable consent rights set forth in the Restructuring Support Agreement.
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New ABL Documents means collectively, the New ABL Credit Agreement and all other agreements, documents, and instruments to be delivered or entered into in connection therewith, including any guarantee agreements, pledge and collateral agreements, intercreditor agreements and other security documents, in each case, on terms and conditions acceptable to the Debtors, the New ABL Backstop Commitment Parties, the Required Consenting First Lien Lenders, and the Required DIP Lenders.
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New ABL Documents means, collectively, the New ABL Agreement and any security documents and any other collateral, guarantee, and ancillary documents executed in connection with the New ABL Agreement.
Sample 1

Examples of New ABL Documents in a sentence

  • The priorities of such Liens and security interests shall be as set forth in the New ABL Documents.

  • On the Effective Date, the Reorganized Debtors shall enter into the New ABL Facility pursuant to the New ABL Documents.

  • To the extent provided in the New ABL Documents, the New ABL Agent is authorized to file with the appropriate authorities mortgages, financing statements and other documents, and to take any other action in order to evidence, validate, and perfect such Liens or security interests.

  • The terms and conditions of the New ABL Documents: (A) have been negotiated in good faith and at arm’s-length, without the intent to hinder, delay, or defraud any of the Debtors’ creditors; (B) are fair and reasonable; (C) represent a valid exercise of the Debtors’ business judgment consistent with their fiduciary duties; (D) are supported by reasonably equivalent value and fair consideration; and (E) are in the best interests of the Debtors, their Estates, and their stakeholders.

  • Each party to the New ABL Documents may rely upon the provisions of this Order in implementing the terms of the New ABL Facility.

  • For the further avoidance of doubt (1) the Lien, pledge or security interests granted under the New ABL Documents will not attach to, or constitute a direct lien on, any landlord’s fee interest in property leased to the ReorganizedDebtors (as opposed to the leasehold interest of the Reorganized Debtor) and (2) nothing in this Order shall be deemed consent by a landlord to the granting of a Lien, pledge, or security interest by the Reorganized Debtors.

  • Upon their execution, the New ABL Documents shall constitute legal, valid, binding, and authorized joint and several obligations of the applicable Reorganized Debtors enforceable in accordance with their respective terms, and such indebtedness and obligations shall not be, and shall not be deemed to be, enjoined or subject to challenge, discharge, impairment, release, avoidance, recharacterization, or subordination.

  • On the Effective Date, the Reorganized Debtors are authorized to execute and deliver the New ABL Documents and to perform their obligations thereunder, including the payment or reimbursement of all applicable fees, expenses, other payments, losses, damages or indemnities under the New ABL Documents.

  • To the extent applicable, Confirmation of the Plan shall be deemed (a) approval of the New ABL Facility and the New ABL Documents; and (b) authorization for the Debtors and the Reorganized Debtors, as applicable, to take any and all actions necessary or appropriate to consummate the New ABL Facility, including executing and delivering the New ABL Documents, in each case, without any further notice to or order of the Bankruptcy Court.

  • The guaranties, pledges, Liens, and security interests granted in connection with the New ABL Documents are being granted in good faith as an inducement to the New ABL Lenders to extend credit thereunder.


More Definitions of New ABL Documents

New ABL Documents has the meaning set forth in Section 4.4(a).
Sample 1
New ABL Documents means the New ABL Credit Agreement and all other agreements, documents, and instruments related thereto, including any guaranty agreements, pledge and collateral agreements, intercreditor agreements, and other security agreements.
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Related to New ABL Documents

  • ABL Documents has the meaning set forth in the Intercreditor Agreement.

  • 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.

  • First Priority Documents means the First Priority Agreement, each First Priority Security Document and each First Priority Guarantee.

  • Collateral Documents means, collectively, the Security Agreement, the Intellectual Property Security Agreements, the Mortgages, each of the mortgages, collateral assignments, Security Joinder Agreements, security agreements, pledge agreements or other similar agreements delivered to the Administrative Agent pursuant to Section 6.12, and each of the other agreements, instruments or documents that creates or purports to create a Lien in favor of the Administrative Agent for the benefit of the Secured Parties.

  • Tender Documents means the General and special conditions of contract (2.1.8) and tender specification (2.1.9).

  • Other Intercreditor Agreement an intercreditor agreement in form and substance reasonably satisfactory to the Borrower and the Collateral Agent.

  • UK Security Documents means the UK Pledge Agreements and the UK Debenture.

  • Collateral Agency and Intercreditor Agreement means that certain Collateral Agency and Intercreditor Agreement, dated as of January 31, 2008 (as amended, amended and restated, supplemented or otherwise modified from time to time in compliance with the terms of this Indenture), by and among the Company, the other guarantors from time to time party thereto, the secured debt representatives and the Collateral Agent.

  • Second Lien Intercreditor Agreement means a First Lien/Second Lien Intercreditor Agreement substantially in the form of Exhibit I-2 (with such changes to such form as may be reasonably acceptable to the Administrative Agent and the Borrower) among the Administrative Agent, the Collateral Agent and the representatives for purposes thereof of any other Permitted Other Indebtedness Secured Parties that are holders of Permitted Other Indebtedness Obligations having a Lien on the Collateral ranking junior to the Lien securing the Obligations.

  • Debt Documents means, collectively, the Credit Agreement, the Designated Indebtedness Documents, any Hedging Agreement evidencing or relating to any Hedging Agreement Obligations and the Security Documents.

  • Additional Collateral Documents as defined in the Base Intercreditor Agreement.

  • Credit Agreement Documents means the collective reference to any Credit Agreement, any notes issued pursuant thereto and the guarantees thereof, and the collateral documents relating thereto, as amended, supplemented, restated, renewed, refunded, replaced (whether or not upon termination, and whether with the original lenders or otherwise), restructured, repaid, refinanced or otherwise modified, in whole or in part, from time to time.

  • First Lien Intercreditor Agreement means the First Lien Intercreditor Agreement substantially in the form of Exhibit G among the Administrative Agent and one or more Senior Representatives for holders of Permitted First Priority Refinancing Debt, with such modifications thereto as the Administrative Agent may reasonably agree.

  • Facility Documents means this Agreement, the Notes, the Account Control Agreement, the Collateral Agent Fee Letter, the Custodian Agreement, the Lender Fee Letter, the BNP Fee Letter, the Loan Sale Agreement and any other security agreements and other instruments entered into or delivered by or on behalf of the Borrower pursuant to Section 5.01(c) to create, perfect or otherwise evidence the Collateral Agent’s security interest in the Collateral.