ABL Facility Obligations means (a) the due and punctual payment of (i) the principal of and interest (including interest accruing during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed or allowable in such proceeding) on the loans under the ABL Facility Agreement, when and as due, whether at maturity, by acceleration, upon one or more dates set for prepayment or otherwise, (ii) each payment required to be made by the Issuer under the ABL Facility Agreement in respect of any letter of credit, when and as due, including payments in respect of reimbursement of disbursements, interest thereon and obligations to provide cash collateral, and (iii) all other monetary obligations of the Issuer to any of the ABL Facility Secured Parties under the ABL Facility Agreement, the ABL Facility Collateral Documents and each of the other loan documents in respect thereof, including fees, costs, expenses and indemnities, whether primary, secondary, direct, contingent, fixed or otherwise (including monetary obligations incurred during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed or allowable in such proceeding), (b) the due and punctual performance of all other obligations of the Issuer under or pursuant to the ABL Facility Agreement, the ABL Facility Collateral Documents and each of the other loan documents in respect thereof and (c) the due and punctual payment and performance of all the obligations of Holdings and each other Subsidiary of Holdings under or pursuant to the ABL Facility Collateral Documents and each of the other loan documents in respect of the ABL Facility Agreement.
ABL Facility Obligations means all ABL Obligations under the ABL Facility.
ABL Facility Obligations means all obligations of every nature of the Company and each Subsidiary of the Company from time to time owed to the ABL Agent, the lenders under the ABL Credit Agreement or any of them, any ABL Bank Products Affiliates, any ABL Open Accounts Affiliates or any ABL Hedging Affiliates, under any ABL Facility Document, including, without limitation, all “Obligations” as defined in the ABL Facility Collateral Agreements, whether for principal, interest, fees, expenses (including interest, fees, and expenses which, but for the filing of a petition in bankruptcy with respect to the Company or any Subsidiary of the Company, would have accrued on any ABL Facility Obligation, whether or not a claim is allowed against the Company or any such Subsidiary for such interest, fees, or expenses in the related bankruptcy proceeding), reimbursement of amounts drawn under letters of credit, payments for early termination of Hedging Agreements, indemnification or otherwise, and all other amounts owing or due under the terms of the ABL Facility Documents, as amended, restated modified, renewed, refunded, replaced or refinanced in whole or in part from time to time.
Examples of ABL Facility Obligations in a sentence
Prior to and around the time of his arrest, none of Mr. Brooks’s close contacts— whether family or co-workers—tested positive for COVID-19.
However, two factors, perhaps among others, caused the number of motions to continue to increase during Fiscal Years 1996 and 1997.
Government Notice No 715, published in Government Gazette No 43477, dated 26 June 2020: Commencement of the 2020/21 Fishing Rights Allocation Process for the Granting of Commercial Fishing Rights, in terms of the Marine Living Resources Act, 1998 (Act No 18 of 1998).
Nothing in this Agreement is intended to or shall impair the obligations of the Grantors, which are absolute and unconditional, to pay the Term Loan Obligations and the ABL Facility Obligations as and when the same shall become due and payable in accordance with their respective terms.
In the event the ABL Facility Collateral Agent or any other ABL Facility Secured Party becomes a judgment Lien creditor in respect of Term Loan Priority Collateral as a result of its enforcement of its rights as an unsecured creditor, such judgment lien shall be subordinated to the Liens securing Term Loan Obligations on the same basis as the other Liens on the Term Loan Priority Collateral securing the ABL Facility Obligations are so subordinated to such Term Loan Obligations under this Agreement.
More Definitions of ABL Facility Obligations
ABL Facility Obligations the “Obligations” as defined in the Senior ABL Facility Agreement.
ABL Facility Obligations means all (a) obligations (including guaranty obligations) of every nature of each Grantor from time to time owed to the ABL Facility Secured Parties or any of them, under any ABL Facility Document, including all “Secured Obligations” or similar term as defined in the ABL Facility Credit Agreement and whether for principal, premium, interest (including interest which, but for the filing of a petition in bankruptcy with respect to Holdings or any of its Subsidiaries, would have accrued on any ABL Facility Obligation, at the rate provided in the respective documentation, whether or not a claim is allowed against such Person for such interest in the related bankruptcy proceeding), reimbursement of amounts drawn under (and obligations to cash collateralize) letters of credit, fees, expenses, indemnification or otherwise, (b) ABL Facility Cash Management Obligations and (c) ABL Facility Hedging Obligations (excluding all Excluded Swap Obligations (as defined in the ABL Facility Credit Agreement).
ABL Facility Obligations means all “Obligations” as defined in the ABL Credit Agreement. For the avoidance of doubt, Obligations with respect to the First Lien Credit Agreement and the other First Lien Documents shall not constitute ABL Facility Obligations.
ABL Facility Obligations means all obligations of every nature of the Company and each Subsidiary of the Company from time to time owed to the ABL Agent, the lenders under the ABL Credit Agreement or any of them, any ABL Bank Products Affiliates, any ABL Open Account Affiliates or any ABL Hedging Affiliates, under any ABL Facility Document, including, without limitation, all “Obligations” as defined in the ABL Facility Collateral Agreement, whether for principal, interest, fees, expenses (including interest, fees, and expenses which, but for the filing of a petition in bankruptcy with respect to the Company or any Subsidiary of the Company, would have accrued on any ABL Facility Obligation, whether or not a claim is allowed against the Company or any such Subsidiary for such interest, fees, or expenses in the related bankruptcy proceeding), reimbursement of amounts drawn under letters of credit, payments for early termination of Hedging Agreements, indemnification or otherwise, and all other amounts owing or due under the terms of the ABL Facility Documents, as amended, restated modified, renewed, refunded, replaced or refinanced in whole or in part from time to time.
ABL Facility Obligations means the “Revolving Facility Obligations” as defined in the Intercreditor Agreement.
ABL Facility Obligations means all “Obligations” as defined in the ABL Facility Agreement as in effect on the Closing Date. “ABL Loan Documents” shall mean the ABL Facility Agreement, the Related L/C Facility Agreement and any and all other agreements, instruments and documents, including intercreditor agreements, guaranties, pledges, powers of attorney, consents, and all other agreements, documents and instruments heretofore, now or hereafter executed by any Loan Party and/or delivered to the agent or Issuer thereunder in respect of the transactions contemplated by the ABL Facility Agreement or the Related L/C Facility Agreement, in each case together with all amendments, modifications, supplements, extensions, renewals, substitutions, restatements and replacements thereto and thereof. “Accountants” shall have the meaning set forth in Section 9.7 hereof. “Acorn Acquisition” shall mean the transactions contemplated by that certain Stock and Asset Purchase Agreement, by and among Xxxxxxx & Xxxxxx Acorn Holdings, LLC, a Delaware limited liability company, the Borrower (or an affiliate thereof), the Sellers (as defined therein) and the other parties thereto, in the form most recently provided to Agent prior to the Second Amendment Effective Date. “Acquired Indebtedness” shall mean Indebtedness of a Person whose assets or Equity Interests are acquired by a Company in a Permitted Acquisition or any other Acquisition or Investment permitted hereunder or consummated with the consent of Required Cash Collateral Providers; provided that such Indebtedness: (a) was in existence prior to the date of such transaction and (b) was not incurred in connection with, or in contemplation of, such transaction. “Acquisition” shall mean any transaction (or series of related transactions) for the purchase or other acquisition, by merger or otherwise, by any Company of (a) Equity Interests in any Person having ordinary voting power to elect at least a majority of the directors of such Person or other governing body performing similar functions for such Person (or otherwise
ABL Facility Obligations means the ABL Facility Priority Lien Debt and all other Obligations of the Company or any Guarantor under the ABL Facility Priority Lien Documents.