 What is the principal collateral of the ABL Priority Collateral?
Priority Collateral that is pari passu with the Obligations or that is secured by a lien on the ABL Priority Collateral that is senior to the Obligations; provided that with respect to the amount of cash and cash equivalents used for purposes of calculating the Consolidated First Lien Net Debt with respect to any such Indebtedness being incurred in reliance on compliance with any financial ratio-based incurrence test, such cash and cash equivalents shall not include any proceeds received from such Indebtedness.  For the avoidance of doubt, Indebtedness in respect of the ABL Credit Agreement shall constitute Consolidated First Lien Net Debt.
the ABL Credit Agreement