ABL Creditors definition

ABL Creditors means, collectively, the “Lenders” and the “Secured Parties”, each as defined in the ABL Agreement.

ABL Creditors means the “Lenders” as defined in the ABL Agreement.

ABL Creditors means, at any relevant time, the holders of ABL Obligations at such time, including, without limitation, the ABL Lenders, the ABL Banking Services Providers, the ABL Hedge Providers, the ABL Collateral Agent, the ABL Administrative Agent and the other agents under the ABL Credit Agreement.

Examples of ABL Creditors in a sentence

• The ABL Collateral Agent and the ABL Creditors and the Term Collateral Agent and the Term Creditors, shall each be responsible for keeping themselves informed of (a) the financial condition of each Grantor and their respective Subsidiaries and all endorsers and/or guarantors of the ABL Obligations or the Term Obligations and (b) all other circumstances bearing upon the risk of nonpayment of the ABL Obligations or the Term Obligations.

• The Term Collateral Agent, on behalf of itself and the Term Creditors and each other Term Creditor (by its acceptance of the benefits of the Term Loan Documents), each agree that the ABL Creditors and the ABL Collateral Agent have no duty, express or implied, fiduciary or otherwise, to any of them in respect of the maintenance or preservation of the ABL Priority Collateral, the ABL Obligations or otherwise.

• The provisions of this Agreement are and are intended solely for the purpose of defining the relative rights of the ABL Creditors and the ABL Collateral Agent and the Term Creditors and the Term Collateral Agent.

• If either the ABL Collateral Agent or any ABL Creditors shall, at any time prior to the Discharge of Term Obligations, receive any proceeds of any such insurance policy or any such award or payment in contravention of this Agreement, it shall pay such proceeds over to the Term Collateral Agent.

• The Borrower acknowledges and agrees that the value of any payments or distributions in cash, property or other assets received by any of the Term Collateral Agent or the Term Creditors and paid over to the ABL Collateral Agent or the ABL Creditors pursuant to, and applied in accordance with this Agreement, shall not relieve or reduce any of the Obligations owed by the Borrower under the Term Loan Documents.

More Definitions of ABL Creditors

ABL Creditors means the ABL Lenders together with all ABL Bank Product Providers, ABL Hedging Providers, ABL Management Credit Providers, and all successors, assigns, transferees and replacements thereof, as well as any Person designated as a “Lender” or “Senior Priority Creditor” under any ABL Credit Agreement.

ABL Creditors means the ABL Agent, the ABL Lenders and the other Persons from time to time holding ABL Obligations.

ABL Creditors means, collectively, the “Lenders” and the “Secured Parties,” each as defined in the ABL Agreement or any Persons that are designated under the ABL Agreement as the “ABL Creditors” for purposes of this Agreement.

ABL Creditors collectively, the ABL Agent and the ABL Lenders.

ABL Creditors means, collectively, the "Lenders" and the "Secured Parties", each as defined in the ABL Agreement. "ABL Default" means any "Event of Default", as such term is defined in any ABL Document. "ABL DIP Financing" has the meaning set forth in Section 5.2(a). "ABL Documents" means the ABL Agreement, each ABL Security Documents, each ABL Guarantee and each other "Loan Document" as defined in the ABL Agreement.

ABL Creditors means each Agent, each Issuing Lender, the Swingline Lender and each ABL Lender.

ABL Creditors means, collectively, ABL Agent, each ABL Lender, each affiliate or branch of any ABL Lender that makes loans under the ABL Credit Agreement, each ABL Bank, each ABL Letter of Credit Issuer, each ABL Designated Bank Products Provider, and all successors, assigns, transferees and replacements thereof, as well as any Person designated as a “Lender” under any ABL Credit Agreement.