ABL Claim definition

ABL Claim means any Claim derived from, based upon, or secured pursuant to the ABL Documents, including Claims for all principal amounts outstanding, interest, fees, expenses, costs, and other charges arising thereunder or related thereto.

ABL Claim means any Claim derived from, based upon, or arising under the ABL Credit Agreement, including without limitation, the ABL Redemption Fee.

ABL Claim means the Secured Claim derived from, based upon, relating to or arising from the ABL Credit Agreement.

Examples of ABL Claim in a sentence

• The ABL Facility Administrative Agent shall hold or direct such distributions for the benefit of the holder of the Allowed ABL Claim, as applicable.

• The ABL Facility Administrative Agent shall be deemed to be the holder of the ABL Claim, as applicable, for purposes of distributions to be made hereunder, and the Distribution Agent shall make all distributions on account of such Allowed ABL Claim to or on behalf of the ABL Facility Administrative Agent.

• Any Secured Claim other than (a) a DIP Facility Claim, (b) an ABL Claim, (c) a Term Loan Facility Claim, or (d) a Secured Tax Claim.

• Except to the extent that a holder of a DIP New Money Claim or DIP ABL Claim agrees to less favorable treatment, the Reorganized Debtors shall pay, on the Effective Date, in full and complete satisfaction, settlement and release of such Claim, except for the Excluded DIP Obligations, an amount in Cash equal to the Allowed amount of such DIP New Money Claim or DIP ABL Claim, as applicable, and all commitments under the DIP Agreement shall terminate.

• Except to the extent that a Holder of an ABL Claim agrees to less favorable treatment of its Allowed Claim and in the Debtors’ sole discretion, in full and final satisfaction, compromise, settlement, release, and discharge of and in exchange for each ABL Claim, each Holder of an Allowed ABL Claim shall receive indefeasible payment in full in Cash of its Allowed ABL Claim.

More Definitions of ABL Claim

ABL Claim means all Claims against any Debtor arising under, derived from, or based upon the ABL Credit Facility.

ABL Claim means any Claim on account of the ABL Facility, including any Prepetition ABL Obligations and ABL Adequate Protection Fees and Expenses (each as defined in the DIP Orders).

ABL Claim means any Claim against a Debtor arising under, derived from, secured by, based on, or related to the ABL Credit Agreement or any other agreement, instrument or document executed at any time in connection therewith and any guaranty thereof, including all “Obligations” as defined under the ABL Credit Agreement.

ABL Claim means any Claim, including Secured Swap Claims, derived from, based upon, or arising under the ABL Credit Agreement.

ABL Claim means any and all Claims arising under, derived from, or based upon the ABL Credit Agreement or any other agreement, instrument or document executed at any time in connection therewith including, without limitation, all Obligations under (and as defined in) the ABL Credit Agreement, and all Claims arising under the Financing Order with respect to the ABL Credit Parties or the ABL Facility.

ABL Claim means any Claim under the ABL Credit Agreement and the other Loan Documents (as defined in the ABL Credit Agreement).

ABL Claim means any and all outstanding Claims arising under, derived from, based on, or secured pursuant to the ABL Credit Agreement or any other agreement, instrument, or document executed at any time in connection therewith, including all obligations under and as defined in the ABL Credit Agreement.