Successor ABL Collateral Agent definition

Successor ABL Collateral Agent means, in the event that the ABL Credit Agreement is no longer outstanding, the “ABL Collateral Agent” (or other collateral agent, representative or trustee) designated pursuant to the terms of the documentation relating to the ABL Obligations.
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Examples of Successor ABL Collateral Agent in a sentence

  • Section II.04 Each party to this Agreement (other than the Successor ABL Collateral Agent) confirms the acceptance of the Successor ABL Collateral Agent as an ABL Facility Collateral Agent for purposes of the Intercreditor Agreement.

  • Section II.01 The Successor ABL Collateral Agent agrees to become, with immediate effect, a party to and agrees to be bound by the terms of, the Intercreditor Agreement as an ABL Facility Collateral Agent as if it had originally been party to the Intercreditor Agreement as an ABL Facility Collateral Agent.

  • Section III.01 In connection with the Refinancing described in Section 2.02 above, the Intercreditor Agreement is hereby amended to (a) add the Successor ABL Collateral Agent as a party thereto and (b) to confirm that such Refinancing indebtedness in respect of any ABL Obligations shall have the same rights and priorities in respect of any ABL Priority Collateral as the indebtedness being Refinanced on the terms provided for in the Intercreditor Agreement immediately prior to such Refinancing.

  • Section II.03 The Successor ABL Collateral Agent confirms that its address details for notices pursuant to the Intercreditor Agreement are as follows: ▇▇▇▇▇ Fargo Bank, National Association, ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇, Suite 1600, Atlanta, GA 30328, Telephone: (▇▇▇) ▇▇▇-▇▇▇▇, Facsimile: (▇▇▇) ▇▇▇-▇▇▇▇, Attention: Relationship Manager – CVR Partners.