ABL Loan Obligations definition

ABL Loan Obligations means all “Obligations” under the ABL Credit Agreement, including all obligations in respect of any Permitted Refinancing Indebtedness included in the ABL Obligations, which Permitted Refinancing Indebtedness is permitted under this Agreement and under the ABL Intercreditor Agreement; provided that such Indebtedness is subject to the ABL Intercreditor Agreement.
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ABL Loan Obligations means the “Obligations” (under and as defined in the ABL Credit Agreement on the Closing Date), and shall include all obligations of the Note Parties, which are incurred or owing under the ABL Loan Documents, including all obligations in respect of the payment of principal, interest, fees, prepayment premiums and indemnification obligations, and obligations in respect of any refinancing of such Indebtedness.
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ABL Loan Obligations means (a) the principal of each Loan made under the Credit Agreement, (b) all reimbursement and cash collateralization obligations in respect of letters of credit issued under the Credit Agreement, (c) all Senior Loan Bank Product Liabilities (as defined in the Credit Agreement), (d) all interest on the loans, letter of credit reimbursement, fees, indemnification and other obligations under the Credit Agreement, or with respect to such Senior Loan Bank Product Liabilities (as defined in the Credit Agreement) (including, without limitation, any interest, fees and other amounts which accrue after the commencement of any case, proceeding or other action relating to a Bankruptcy Proceeding (as defined in the Credit Agreement) of the Company or any Subsidiary Loan Party (as defined in the Credit Agreement), whether or not allowed or allowable, in whole or in part, as a claim in such Bankruptcy Proceeding (as defined in the Credit Agreement)), (e) all other amounts payable by the Company or any Subsidiary under the ABL Loan Documents or in respect of Senior Loan Bank Product Liabilities (as defined in the Credit Agreement) and (f) all increases, renewals, extensions and refinancings of the foregoing.
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Examples of ABL Loan Obligations in a sentence

  • The DIP Agent, the DIP Lenders, the Prepetition Agents and the Prepetition Lenders shall not be required to file proofs of claim in any of the Chapter 11 Cases or any of the Successors Cases for any claim allowed herein or therein in respect of the ABL Loan Obligations or the Prepetition Term Loan Obligations.


More Definitions of ABL Loan Obligations

ABL Loan Obligations means all principal, interest, and other obligations owing under the ABL Documents. “Account” means an account (as that term is defined in Article 9 of the Code).
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ABL Loan Obligations means all principal, interest, and other obligations owing under the ABL Documents.
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ABL Loan Obligations means, collectively, without duplication, at any time and from time to time (a) all loans, advances, debts, liabilities, and obligations, howsoever arising, owed by any Grantor under the ABL Loan Documents and this Agreement to any Loan Party, to any Secured Hedging Creditor or to any Secured Cash Management Creditor, of every kind and description (whether or not evidenced by any note or instrument and whether or not for the payment of money), direct or indirect, absolute or contingent, due or to become due, now existing or hereafter arising, including (i) all principal and payments for early termination, (ii) all interest, fees, charges, premiums, breakage costs, expenses, attorneys’ fees and consultants’ fees chargeable to any Grantor by any Loan Party under the ABL Loan Documents and this Agreement, (iii) all obligations of the Grantors under the ABL Loan Guarantee, (iv) all obligations to deliver cash collateral under the ABL Loan Documents, (v) all amounts constituting reasonable costs and expenses, fees, indemnities expenses and other amounts (including reasonable fees and expenses of attorneys) owing to the ABL Loan Collateral Agent, (vi) all accrued interest, fees, costs and other charges in and under the ABL Loan Documents, whether incurred before or after the commencement by or against any Grantor of any proceeding under any Bankruptcy Law naming such Person as the debtor in such proceeding, regardless of whether or not allowable in such proceeding, (vii) all obligations of the Grantors in respect of the Secured Hedging Obligations, and (viii) all obligations of the Grantors in respect of the Secured Cash Management Obligations; (b) in the event of any exercise of rights and remedies, the expenses of retaking, holding, preparing for sale or lease, selling or otherwise disposing of or realizing on the ABL Loan Collateral, together with attorneys’ fees and court costs; and (c) payment of any amount owed under any amendment, modification, renewal, extension or novation of any of the above obligations or under and in respect of any other documents, instruments or certificates executed in connection with any of the foregoing. To the extent that any payment with respect to the ABL Loan Obligations (whether by or on behalf of any Grantor, as proceeds of security, enforcement of any right of set-off, or otherwise) is declared to be fraudulent or preferential in any respect, set aside, or required to be paid to a debtor in possession, trustee, receiver, o...
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Related to ABL Loan Obligations

  • Term Loan Obligations means the “Obligations” as defined in the Term Loan Credit Agreement.

  • Loan Obligations means (a) the due and punctual payment by the Borrower of (i) the unpaid 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 made to the Borrower under this 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 Borrower under this Agreement in respect of any Letter of Credit, when and as due, including payments in respect of reimbursement of disbursements, interest thereon (including interest accruing during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed or allowable in such proceeding) and obligations to provide Cash Collateral and (iii) all other monetary obligations of the Borrower owed under or pursuant to this Agreement and each other Loan Document, including obligations to pay fees, expense reimbursement obligations and indemnification obligations, 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), and (b) the due and punctual payment of all obligations of each other Loan Party under or pursuant to each of the Loan Documents.

  • Loan obligation means a bond, note, or other evidence of an obligation issued by a qualified borrower.

  • Revolving Loan Obligations means any Obligations with respect to the Revolving Loans (including without limitation, the principal thereof, the interest thereon, and the fees and expenses specifically related thereto).

  • ABL Loan Documents means the “Loan Documents” as defined in the ABL Credit Agreement.

  • ABL Loans means the “Loans” as defined in the ABL Credit Agreement.

  • Note Obligations means the Notes, the Guarantees and all other obligations of any obligor under this Indenture, the Notes, the Guarantees and the Security Documents.

  • DIP Obligations means “DIP Obligations” as defined in the DIP Order.

  • Second Priority Debt Obligations means the Initial Second Priority Debt Obligations and, with respect to any series, issue or class of Second Priority Debt, (a) all principal of, and interest (including, without limitation, any interest which accrues after the commencement of any Bankruptcy Case, whether or not allowed or allowable as a claim in any such proceeding) payable with respect to, such Second Priority Debt, (b) all other amounts payable to the related Second Priority Debt Parties under the related Second Priority Debt Documents and (c) any renewals or extensions of the foregoing.

  • Senior Priority Obligations means the Original First Lien Obligations and any Additional Obligations constituting Senior Priority Debt.

  • Other First Lien Obligations means (a) the due and punctual payment by any Pledgor of (i) the unpaid 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 as a claim in such proceeding) on Indebtedness under any Other First Lien Agreement, when and as due, whether at maturity, by acceleration, upon one or more dates set for prepayment or otherwise, and (ii) all other monetary obligations of such Pledgor to any Secured Party under any Other First Lien Agreement, including obligations to pay fees, expense reimbursement obligations and indemnification obligations, 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 as a claim in such proceeding), (b) the due and punctual performance of all other obligations of such Pledgor under or pursuant to any Other First Lien Agreement and (c) the due and punctual payment and performance of all the obligations of each other Pledgor under or pursuant to any Other First Lien Agreement.

  • Second Lien Obligations means the “Obligations” as defined in the Second Lien Credit Agreement.

  • Term Obligations shall include all interest accrued or accruing (or which would, absent commencement of an Insolvency or Liquidation Proceeding, accrue) after commencement of an Insolvency or Liquidation Proceeding in accordance with the rate specified in the relevant Term Document whether or not the claim for such interest is allowed as a claim in such Insolvency or Liquidation Proceeding.

  • Notes Obligations means Obligations in respect of the Notes, this Indenture and the Guarantees.

  • Second Priority Obligations means (a) with respect to the Existing Second Priority Agreement, all “Secured Obligations” of each Loan Party as defined in the “Security Agreement” referred to in the Existing Second Priority Agreement and (b) with respect to each other Second Priority Agreement, (i) all principal of and interest (including without limitation any Post-Petition Interest) and premium (if any) on all indebtedness under such Second Priority Agreement, and (ii) all guarantee obligations, fees, expenses and other amounts payable from time to time pursuant to the applicable Second Priority Documents, in each case whether or not allowed or allowable in an Insolvency Proceeding. To the extent any payment with respect to any Second Priority Obligation (whether by or on behalf of any Loan Party, as proceeds of security, enforcement of any right of setoff or otherwise) is declared to be a fraudulent conveyance or a preference in any respect, set aside or required to be paid to a debtor in possession, any First Priority Secured Party, receiver or similar Person, then the obligation or part thereof originally intended to be satisfied shall, for the purposes of this Agreement and the rights and obligations of the First Priority Secured Parties and the Second Priority Secured Parties hereunder, be deemed to be reinstated and outstanding as if such payment had not occurred.

  • Additional First Lien Obligations means, with respect to any Series of Additional First Lien Obligations, (a) all principal of, and interest (including, without limitation, any interest which accrues after the commencement of any Bankruptcy Case, whether or not allowed or allowable as a claim in any such proceeding) payable with respect to, such Additional First Lien Obligations, (b) all other amounts payable to the related Additional First Lien Secured Parties under the related Additional First Lien Documents and (c) any renewals of extensions of the foregoing.

  • First Lien Loan Documents means the “Loan Documents” as defined in the First Lien Credit Agreement.

  • Collateral Debt Obligation means any debt obligation or debt security purchased by or on behalf of the Issuer from time to time (or, if the context so requires, to be purchased by or on behalf of the Issuer) each of which satisfies the Eligibility Criteria, in the case of Synthetic Securities and Non-Euro Obligations, to the extent required to do so. References to Collateral Debt Obligations shall not include Collateral Enhancement Obligations, Eligible Investments or Exchanged Equity Securities. Obligations which are to constitute Collateral Debt Obligations in respect of which the Issuer has entered into a binding commitment to purchase but which have not yet settled shall be included as Collateral Debt Obligations in the calculation of the Portfolio Profile Tests at any time as if such purchase had been completed. For the avoidance of doubt, the failure of any obligation to satisfy the Eligibility Criteria at any time after the Issuer or the Investment Manager on behalf of the Issuer has entered into a binding agreement to purchase it, shall not cause such obligation to cease to constitute a Collateral Debt Obligation.

  • Subordinate Obligations means, collectively, the Subordinate Notes and any Other Subordinate Obligations.

  • Junior Priority Obligations means the Original Second Lien Obligations and any Additional Obligations constituting Junior Priority Debt.

  • Credit Facility Obligations means all “Obligations” (or any other defined term having a similar purpose) as defined in the Credit Agreement.

  • First Lien Obligations means, collectively, (i) the Credit Agreement Obligations and (ii) each Series of Other First Lien Obligations.

  • Priority Lien Obligations means Priority Lien Debt and all other Obligations in respect thereof.

  • Canadian Obligations means all Obligations of the Canadian Loan Parties.

  • First Lien Indebtedness means the Indebtedness under the First Lien Indebtedness Documents.

  • Senior Obligations is defined in Section 5.1 of this Agreement.