ABL Obligations definition

ABL Obligations shall have the meaning provided in the Intercreditor Agreement.

ABL Obligations has the meaning assigned to such term in the ABL Intercreditor Agreement.

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

Examples of ABL Obligations in a sentence

• As of the Petition Date, the aggregate book value of the Prepetition ABL Collateral exceeded the aggregate amount of the Prepetition ABL Obligations.

• The DIP ABL Claims shall be Allowed Claims in the full amount outstanding under the DIP ABL Agreement, including principal, interest, fees, expenses, and all other DIP ABL Obligations (as defined in the DIP Order).

• Notwithstanding the forgoing, the Surviving DIP ABL Obligations shall survive the Effective Date as obligations of the Reorganized Debtors and shall not be discharged, cancelled, or released pursuant to the Plan or the Confirmation Order, notwithstanding any provision hereof or thereof to the contrary.

• For the avoidance of doubt and notwithstanding anything to the contrary in this Interim Order or in any Prepetition ABL Loan Documents, the Carve Out shall be senior to all liens and claims securing the Prepetition ABL Collateral, the ABL Adequate Protection Liens, and the 507(b) Claim, and any and all other forms of adequate protection, liens, or claims securing the Prepetition ABL Obligations.

• The Purchasers share priority with the ABL Lenders with regard to the Debtors’ collateral but have agreed to subordinate their right to payment to the ABL Lenders until the Prepetition ABL Obligations are paid in full.

More Definitions of ABL Obligations

ABL Obligations has the meaning assigned to such term in the Credit Agreement.

ABL Obligations as defined in the Base Intercreditor Agreement.

ABL Obligations means the “ABL Obligations” as defined in the ABL Facility.

ABL Obligations means all Obligations outstanding under the ABL Credit Agreement and the other ABL Loan Documents. “ABL Obligations” shall include all interest, fees and expenses 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 ABL Loan Document whether or not the claim for such interest is allowed as a claim in such Insolvency or Liquidation Proceeding.

ABL Obligations means Obligations under the ABL Facility.

ABL Obligations means all debts, liabilities and obligations incurred by the Borrower or any Subsidiary under the ABL Credit Documents.

ABL Obligations means (x) the Indebtedness and other obligations which are secured by a Lien on the Collateral permitted by clause (b) of the definition of “Permitted Lien” and (y) obligations in respect of Cash Management Services and Hedging Obligations that are secured pursuant to the security documents in connection with the Indebtedness described in clause (x) directly above.