Examples of ABL Grantor in a sentence
This will especially be the case, according to Senik, when society is unstable and social mobility great.
All references to any ABL Grantor shall include such ABL Grantor as debtor and debtor-in-possession and any receiver, trustee or similar person for any other ABL Grantor (as the case may be) in any Insolvency or Liquidation Proceeding of any ABL Grantor.
She thus asked that the receipts be treated as inadmissible as they were meant to establish the truth of what is contained in them: Xxxxxxxxxxx v Public Prosecutor21.
Other than as set forth in Section 8.3, none of any ABL Grantor or any other creditor shall have any rights hereunder and neither any ABL Grantors nor any other creditor may rely on the terms hereof.
No provision of this Agreement will inure to the benefit of a bankruptcy trustee, debtor-in-possession, creditor trust or other representative of an estate or creditor of any ABL Grantor, including where any such bankruptcy trustee, debtor-in-possession, creditor trust or other representative of an estate is the beneficiary of a Lien securing ABL Priority Collateral by virtue of the avoidance of such Lien in an Insolvency or Liquidation Proceeding.
All payments received by the ABL Collateral Agent or the ABL Claimholders from any ABL Grantor may be applied, reversed and reapplied, in whole or in part, to such part of the ABL Obligations provided for in the ABL Loan Documents.
No Term Loan Claimholder (unless such Term Loan Claimholder is also an ABL Claimholder) may provide DIP Financing to the ABL Grantor secured by Liens on ABL Priority Collateral equal or senior in priority to the Liens securing any ABL Obligations.
The terms of this Agreement shall survive, and shall continue in full force and effect, in any Insolvency or Liquidation Proceeding of any ABL Grantor.
This is a continuing agreement of lien subordination on the ABL Priority Collateral and the ABL Claimholders may continue, at any time and without notice to the Term Loan Collateral Agent or any other Term Loan Claimholder subject to the Term Loan Documents, to extend credit and other financial accommodations and lend monies to or for the benefit of the ABL Borrower or any ABL Grantor constituting ABL Obligations in reliance hereof.
In the event of any conflict between the provisions of this Agreement and the provisions of the ABL Loan Documents or the Term Loan Documents or the Term Loan Intercreditor and Collateral Agency Agreement, the provisions of this Agreement shall govern and control with respect to the ABL Priority Collateral or any actions against any ABL Grantor.