ABL Lenders definition

ABL Lenders means the “Lenders” under and as defined in the ABL Credit Agreement.

ABL Lenders shall have the meaning assigned to that term in the introduction to this Agreement, as well as any Person designated as a “Lender” or similar term under any ABL Credit Agreement.

ABL Lenders means the lenders from time to time party to the ABL Credit Agreement.

Examples of ABL Lenders in a sentence

• In addition in the Asset Backed Loan Agreement to the Second Trust, the ABL Lenders to the Second Trust and the Trustee of the Second Trust confirm that the claims of the ABL Lenders to the Second Trust against the Trustee of the Second Trust will be contractually subordinated claims (Yakujo Retsugo Hasan Saiken) in accordance with paragraph 2 of Article 99 of the Bankruptcy Act on the bankruptcy procedure of the Trust Assets of the Second Trust.

• The procedures after sending the notice to all of the Beneficiaries of the Second Trust and ABL Lenders to the Second Trust will be made in accordance with (c) and (d) as provided above.

• Upon its termination or resignation, the Trustee of the Second Trust will promptly settle the existing rights and obligations of the Trustee of the Second Trust as against the Trustor of the Second Trust and the Beneficiaries of the Second Trust and deliver to the Successor Trustee or to a person designated by the Majority Beneficiaries and ABL Lenders, all records, files, and information held in accordance with the Second Trust Agreement.

• If the Trustee of the Second Trust determines the intention among the Beneficiaries of the Second Trust and ABL Lenders to the Second Trust, the Trustee of the Second Trust will calculate the Principal Balance of the Beneficial Interests of the Second Trust held by the Beneficiaries of the Second Trust and the Principal Balance of the Asset Backed Loan to the Second Trust held by the ABL Lenders to the Second Trust as of the Second Trust Payment Date immediately preceding the date of such calculation.

• The ABL Lenders to the Second Trust will have recourse only to the Trust Assets of the Second Trust and will have no recourse against the Trustee of the Second Trust’s own assets as borrower under the Asset Backed Loans to the Second Trust.

More Definitions of ABL Lenders

ABL Lenders means those banks, financial institutions, and other lenders party to the ABL Credit Agreement from time to time.

ABL Lenders means the “Lenders” as defined in the ABL Credit Agreement.

ABL Lenders as defined in the recitals hereto.

ABL Lenders means the lenders under the ABL Credit Agreement.

ABL Lenders shall have the meaning assigned to that term in the introduction to this Agreement and shall include all ABL Cash Management Affiliates and ABL Hedging Affiliates and all successors, assigns, transferees and replacements thereof, as well as any Person designated as a “Lender” under any ABL Credit Agreement.

ABL Lenders shall have the meaning set forth in the recitals hereto.

ABL Lenders means the Persons holding ABL Claims, including the ABL Agent.