ABL Intercreditor Agreement definition
ABL Intercreditor Agreement means the Intercreditor Agreement substantially in the form of Exhibit K hereto, dated as of the date hereof, by and among the Collateral Agent, the ABL Collateral Agent, the other agents party thereto (if any) and the Obligors, as may be amended, restated, amended and restated, supplemented, waived or otherwise modified from time to time in accordance with the terms hereof, the ABL Credit Agreement, and the provisions of such ABL Intercreditor Agreement.
ABL Intercreditor Agreement means the Intercreditor Agreement, dated as of the Effective Date, among the ABL Agent, as agent for the ABL Claimholders (each as defined therein) and the Administrative Agent, as agent for the Term Loan Claimholders (as defined therein).
ABL Intercreditor Agreement means that certain intercreditor agreement, dated as of June 18, 2020, by and among the Company, the ABL Agent, the Secured Notes Collateral Agent and each additional agent from time to time party thereto, and acknowledged by the grantors from time to time party thereto, as may be amended, restated, supplemented or otherwise modified from time to time.
Examples of ABL Intercreditor Agreement in a sentence
The Appointed Agents are hereby authorized to enter into the ABL Intercreditor Agreement, the Monarch Acquisition Intercreditor Agreement, and any other usual and customary intercreditor or subordination agreements or arrangements approved in writing by the Required Lenders (collectively, the “Intercreditor Agreements”) to the extent contemplated by the terms hereof, and the parties hereto acknowledge that each such Intercreditor Agreement is binding upon them.
All Obligations hereunder and all obligations of the Company and the Guarantors under the Note Documents (including without limitation the Pledge and Security Agreement) constitute “Term/Note Claims” under the ABL Intercreditor Agreement and “Priority Senior Obligations” under the Intercreditor and Collateral Agency Agreement.
More Definitions of ABL Intercreditor Agreement
ABL Intercreditor Agreement means the intercreditor agreement dated as of the Restatement Date among Agent, the Term Administrative Agent and the Credit Parties, substantially in the form of Exhibit 1.1, as the same may be amended, restated, supplemented or otherwise modified from time to time, or any other intercreditor agreement among the Term Administrative Agent, Agent and the Credit Parties on terms that are not less favorable in any material respect to the Secured Parties than those contained in the form attached as Exhibit 1.1.
ABL Intercreditor Agreement means the intercreditor agreement, to be dated as of the Closing Date, among Agent, the Notes Collateral Agent and the Loan Parties, substantially in the form of Exhibit F, as the same may be amended, restated, supplemented or otherwise modified from time to time, or any other intercreditor agreement among the Agent, the Notes Collateral Agent and the Loan Parties on terms that are not less favorable in any material respect to the Secured Parties than those contained in the form attached as Exhibit F.
ABL Intercreditor Agreement means the ABL Intercreditor Agreement in substantially the form set forth in Exhibit A, with such changes therefrom as may be agreed to by the Administrative Agent or as are contemplated or permitted by Section 10.24.
ABL Intercreditor Agreement means (a) ABL Intercreditor Agreement dated as of the Existing Credit Agreement Closing Date, by and among (i) the Existing Credit Agreement Administrative Agent, the ABL Agent, (ii) after giving effect to the ABL Intercreditor Agreement Joinder, the Administrative Agent and (iii) the other parties thereto from time to time and acknowledged by the Parent Borrower, as amended, restated, amended and restated, supplemented or otherwise modified from time to time; (b) an intercreditor agreement substantially in the form of the ABL Intercreditor Agreement as in effect on the Closing Date with any material modifications which are reasonably acceptable to the Parent Borrower and the Administrative Agent; and (c) if requested by the Parent Borrower, an intercreditor agreement the terms of which are consistent with market terms governing security arrangements for the sharing of Liens and Collateral proceeds on a Split Collateral Basis in the case of an asset based ABL Facility at the time the intercreditor agreement is proposed to be established, so long as the terms of such intercreditor agreement are reasonably satisfactory to the Administrative Agent and the Parent Borrower; provided, that (i) if required by the Administrative Agent prior to agreeing that any form (or modification) is reasonably acceptable to it, the form of any other intercreditor agreement shall be deemed acceptable to the Administrative Agent (and the Lenders) if posted to the Lenders and not objected to by the Required Lenders within five (5) Business Days thereafter, and (ii) any ABL Intercreditor Agreement shall be limited to terms governing the sharing of Liens and the relative rights and obligations of the secured parties regarding Collateral and the proceeds thereof and shall not restrict or limit any Indebtedness or the terms and conditions thereof (including any amendments and refinancings) to the extent such Indebtedness would otherwise be permitted by the Loan Documents.
ABL Intercreditor Agreement has the meaning assigned to such term in the preliminary statements of this Agreement.
ABL Intercreditor Agreement means the intercreditor agreement dated the Original Closing Date, among the Agent, the ABL Agent, the Parent Borrower and the Guarantors, substantially in the form attached as Exhibit N-1, as amended as of the Escrow Release Date in a manner reasonably satisfactory to the Agent and as the same may be further amended, amended and restated, supplemented, waived or otherwise modified from time to time in accordance with the terms hereof and thereof.
ABL Intercreditor Agreement means that certain Intercreditor Agreement dated as of April 13, 2006 by and among Bear ▇▇▇▇▇▇▇ Corporate Lending Inc., as predecessor administrative agent and collateral agent to the Term Agent (as defined in the ABL Intercreditor Agreement) thereunder, Bank of America, N.A., as administrative agent and as collateral agent under the ABL Facility, and the Loan Parties, as amended, restated, supplemented or otherwise modified from time to time.