ABL Default definition
ABL Default means an “Event of Default” (as defined in the ABL Credit Agreement).
ABL Default means an “Event of Default” or other equivalent term (as defined in any of the ABL Documents).
ABL Default means any “Event of Default”, as that term is defined in the ABL Credit Agreement. “ABL Default Disposition” has the meaning set forth in Section 5.1(h). “ABL Deficiency Claim” means any portion of the ABL Debt consisting of an allowed unsecured claim under Section 506(a) of the Bankruptcy Code (or any similar provision under any other Bankruptcy Law). “ABL DIP Financing” has the meaning set forth in Section 6.2(a). “ABL DIP Financing Conditions” means that:
Examples of ABL Default in a sentence
Promptly following the existence of any ABL Default, the ABL Agent shall provide notice thereof to each Notes Collateral Agent (provided that the failure of the ABL Agent to give such notice shall not result in any liability to the ABL Agent or affect the enforceability of any provision of this Agreement).
More Definitions of ABL Default
ABL Default means any event that, with the passage of time or giving of notice or both, would, unless cured or waived, become an ABL Event of Default.
ABL Default means any “Event of Default” or similar term, as such term is defined under the ABL Documents.
ABL Default means an "Event of Default" (as defined in the ABL Facility).
ABL Default means an “Event of Default” as defined in the ABL Credit Agreement or any similar event or condition set forth in any other ABL Loan Document which causes, or permits holders of the applicable ABL Obligations outstanding thereunder to cause, the ABL Obligations outstanding thereunder to become immediately due and payable regardless of whether the holders of such ABL Obligations cause such ABL Obligations to become immediately due and payable.
ABL Default any “Event of Default”, as such term is defined in any ABL Loan Agreement.