ABL Group definition
Examples of ABL Group in a sentence
In such cases, the Helicopter Mortgage executed by the relevant member of the ABL Group in respect of such Helicopter shall conform to the form of Helicopter Mortgage set forth in Annex 4 to this Agreement except that amendments to such form shall be made to the minimum extent necessary to enable such form of Helicopter Mortgage to be recognized as creating a first priority perfected security interest (or other Lien) in the relevant Helicopter under the laws of the jurisdiction of its registration.
ABL shall not have or be deemed to have any legal or operational control over the Site and any member of ABL Group who may be present at the Site shall be there only in an advisory capacity.
The Client shall save, indemnify, defend and hold harmless ABL Group and each member of it from and against all claims by any member of the Client Group which exceeds the Liability Limit.
Unless otherwise agreed in the Agreement, ABL shall have no liability or responsibility to any party other than the Client in connection with the provision of the Services, and the Client shall indemnify and hold ABL Group harmless from any claims from any party other than the Client.
The Agreed Security Principles embody recognition by all parties that there may be certain legal and practical difficulties in obtaining effective guarantees and security from the ABL Group in jurisdictions in which they are organized or conduct business.
The Parent Borrower will use reasonable efforts to demonstrate that adequate corporate benefit accrues to each member of the ABL Group that is a Granting Party.