ABL Collateral definition

ABL Collateral means all of the assets and property of any Grantor, whether real, personal or mixed, with respect to which a Lien is granted as security for any ABL Obligations.
ABL Collateral shall have the meaning provided in the ABL Intercreditor Agreement.
ABL Collateral means all the “ABL Facility Collateral” as defined in the ABL/Bond Intercreditor Agreement.

Examples of ABL Collateral in a sentence

  • Each Lender party hereto hereby authorizes the Collateral Agent to execute and deliver the ABL Intercreditor Agreement with the ABL Collateral Agent (that will amend and restated the ABL Intercreditor Agreement in effect prior to the Second Restatement Effective Date) substantially in the form attached as Exhibit D hereto, with such modifications as the Collateral Agent may reasonably agree.

  • To the extent that any covenants, representations or warranties set forth in this Agreement or any other Credit Document are untrue or incorrect solely as a result of the delivery to, or grant of possession or control to, the ABL Collateral Agent in accordance with this Section 13.19, such covenant, representation or warranty shall not be deemed to be untrue or incorrect for purposes of this Agreement or such other Credit Document.


More Definitions of ABL Collateral

ABL Collateral has the meaning given to the termIntercreditor Collateral” in the ABL Intercreditor Agreement.
ABL Collateral means “ABL Priority Collateral” as defined in the ABL Intercreditor Agreement.
ABL Collateral means any and all present and future right, title and interest of the Grantors in and to the following, whether now owned or hereafter acquired, existing or arising, and wherever located to the extent constituting Common Collateral: (a) all Accounts Receivable and related Records; (b) all Chattel Paper; (c) all Deposit Accounts, Commodities Accounts, Securities Accounts and all lock-boxes at any bank, including all Money and Certificated Securities, Uncertificated Securities, Securities Entitlements and Investment Property or other assets credited thereto or deposited therein (including all cash, cash equivalents, marketable securities and other funds held in or on deposit in any such Deposit Account, Commodity Account or Securities Account but excluding all equity interests of or owned by any of the Grantors and all such assets relating to Intellectual Property), and all cash, cash equivalents, checks and other negotiable instruments, funds and other evidences of payments (but excluding the Non-ABL Sweep Collateral Account and any cash or other assets held in the Non-ABL Sweep Collateral Account in accordance with the Term Loan Credit Agreement as in effect on the date hereof or, provided that any amendment or modification to the terms thereof with respect to such Non-ABL Sweep Account are not materially adverse to the Revolving Credit Lenders, the Term Loan Credit Agreement as Amended from time to time); (d) all Inventory; (e) to the extent evidencing, governing, securing or otherwise related to the items referred to in the preceding clauses (a), (b), (c) and (d) of this definition, all contracts, contract rights, payment intangibles, Documents, Instruments, Letter of Credit Rights and Commercial Tort Claims and other claims or causes of action; (f) all books, Records and data processing software directly relating to, or arising from any of the foregoing; and (g) all substitutions, replacements, products, Supporting Obligations and Proceeds (including, insurance proceeds, income, payments, damages and proceeds of suit) of any and all of the foregoing. For the avoidance of doubt, ABL Collateral shall not include Intellectual Property.
ABL Collateral means “ABL First Lien Collateral” as defined in the Intercreditor Agreement.
ABL Collateral means the accounts receivable, cash and cash equivalents, inventory and related assets of Postmedia Network Inc. and the guarantors, which constitute collateral for the ABL Facility on a first-priority basis, for the First-Lien Notes on a second-priority basis and for the Second-Lien Notes on a third-priority basis.
ABL Collateral means the “Collateral” as defined in the Existing Credit Agreement as in effect on the Effective Date.
ABL Collateral means the portion of the Collateral as to which the First Lien Notes Secured Parties have a second-priority security interest subject to certain Permitted Liens.