Examples of ABL Guarantors in a sentence
For the avoidance of doubt, the consent and acknowledgement of the Borrowers, the ABL Guarantors and the Term Guarantors herein, shall not constitute a waiver of any of their rights available under the Loan Documents, at law or in equity.
The obligations under the Euro ABL Facility are secured, subject tocertain exceptions, by a first priority lien on substantially all of the assets of the Parent Guarantors, the European ABL Borrowers and the European ABL Guarantors, including, without limitation,accounts receivable, inventory, cash and cash equivalents, and a pledge of the common equity shares of certain direct and indirect wholly-owned subsidiaries of the Parent Guarantors.
The Prepetition Foreign ABL Borrowers’ obligations (the “Foreign ABL Obligations”) under the Prepetition ABL Facility are (i) guaranteed by the Prepetition Domestic ABL Guarantors, along with Quiksilver Canada Corp., QS Retail Canada Corp., Ug Manufacturing Co. Pty Ltd, and Quiksilver Japan Co., Ltd.
Pursuant to and in accordance with the Prepetition First Lien ABL Documents, each of the ABL Guarantors provided to the Prepetition First Lien ABL Secured Parties an unconditional joint and several guaranty of the obligations under the Prepetition First Lien ABL Documents, which guaranty is in each case secured by the Prepetition First Lien ABL Collateral.
US Guaranty and Security Agreement, dated as of December 6, 2018, by each of the US ABL Borrowers and US ABL Guarantors in favor of Wells Fargo Bank, National Association, as agent (incorporated by reference to Exhibit 10.31 of the Current Report on Form 8-K filed by the Company on December 10, 2018).