ABL Priority Collateral Processing and Sale Period definition

ABL Priority Collateral Processing and Sale Period shall have the meaning set forth in Section 4.3(a).
ABL Priority Collateral Processing and Sale Period has the meaning assigned to such term in Section 5.07(c)(i)(A) hereof.
ABL Priority Collateral Processing and Sale Period means the period commencing on (x) the date of commencement of an ABL Collateral Enforcement Action or the date of delivery of a Term Collateral Enforcement Action Notice, as the case may be, and (y) ending on the date occurring 180 days thereafter.

Examples of ABL Priority Collateral Processing and Sale Period in a sentence

  • If any stay or other order prohibiting the exercise of remedies with respect to the ABL Priority Collateral has been entered by a court of competent jurisdiction, such ABL Priority Collateral Processing and Sale Period shall be tolled during the pendency of any such stay or other order.

  • The New Money Term Loan Agent, upon request by the ABL Agent, may in its sole discretion extend the ABL Priority Collateral Processing and Sale Period for an additional period of time.

  • The Term Loan Agent, upon request by the ABL Agent, may in its sole discretion extend the ABL Priority Collateral Processing and Sale Period for an additional period of time.

  • The Term Loan/Notes Representative (or, if no Term Loan/Notes Secured Obligations are then outstanding, to the Junior Priority Representative), upon request by the ABL Agent, may in its sole discretion extend the ABL Priority Collateral Processing and Sale Period for an additional period of time.

Related to ABL Priority Collateral Processing and Sale Period