Common use of Additional Subsidiary Guaranties Clause in Contracts

Additional Subsidiary Guaranties. If the Company or any of its Restricted Subsidiaries acquires or creates another material Domestic Restricted Subsidiary after the date of this Indenture and the newly acquired or created material Domestic Restricted Subsidiary guarantees any obligations under any Credit Facility, then that newly acquired or created Domestic Restricted Subsidiary must become a Guarantor and execute a supplemental indenture and deliver an Opinion of Counsel to the Trustee within 10 Business Days of the date on which it guaranteed any obligation under any of the Credit Facilities. If any Subsidiary that is not a Guarantor at any time guaranties Indebtedness of the Company or a Guarantor, the Company will cause such Subsidiary to simultaneously execute and deliver supplemental indentures providing for the Guaranty of the payment of the Notes by such Subsidiary.