Common use of Future Subsidiary Guarantors Clause in Contracts

Future Subsidiary Guarantors. After the Issue Date, the Company will cause each Restricted Subsidiary other than a Foreign Subsidiary created or acquired by the Company to execute and deliver to the Trustee a Subsidiary Guarantee pursuant to which such Subsidiary Guarantor will unconditionally Guarantee, on a joint and several basis, the full and prompt payment of the principal of, premium, if any, and interest on the Securities on a senior subordinated basis.

Appears in 2 contracts

Sources: Indenture (Plains Resources Inc), Indenture (Plains Exploration & Production Co L P)

Future Subsidiary Guarantors. After the Issue Date, the The Company will cause each Restricted Subsidiary (other than a Foreign Subsidiary Subsidiary) created or acquired by the Company or one or more of its Restricted Subsidiaries after the Issue Date to execute and deliver to the Trustee a Subsidiary Guarantee pursuant to which such Subsidiary Guarantor will unconditionally Guarantee, on a joint and several basis, the full and prompt payment of the principal of, premium, if any, any and interest on the Securities Notes on a senior subordinated basis.

Appears in 2 contracts

Sources: First Supplemental Indenture (Unit Corp), First Supplemental Indenture (Unit Corp)

Future Subsidiary Guarantors. After the Issue Date, the Company will shall cause each Restricted Subsidiary (other than a Foreign Subsidiary created or acquired by Subsidiary) that Guarantees any Indebtedness of the Company or any Subsidiary Guarantor to execute and deliver to the Trustee a Subsidiary Guarantee pursuant to which such Subsidiary Guarantor will shall unconditionally Guarantee, on a joint and several basis, the full and prompt payment of the principal of, premium, if any, any and interest on the Securities Notes on a senior subordinated basis.

Appears in 2 contracts

Sources: Third Supplemental Indenture (Berry Petroleum Co), Second Supplemental Indenture (Berry Petroleum Co)

Future Subsidiary Guarantors. After the Issue Date, the Company will cause each Restricted Subsidiary other than a Foreign Subsidiary created or acquired by the Company or one or more of its Restricted Subsidiaries to execute and deliver to the Trustee a Subsidiary Guarantee pursuant to which such Subsidiary Guarantor will unconditionally Guarantee, on a joint and several basis, the full and prompt payment of the principal of, premium, if any, and interest on the Securities on a senior subordinated basis.

Appears in 1 contract

Sources: Indenture (General Maritime Corp/)

Future Subsidiary Guarantors. After the Issue Date, the Company will cause each Restricted Subsidiary other than a Foreign Subsidiary created or acquired by the Company to execute and deliver to the Trustee a Subsidiary Guarantee pursuant to which such Restricted Subsidiary Guarantor will unconditionally Guarantee, on a joint and several basis, the full and prompt payment of the principal of, premium, if any, and interest on the Securities Notes on a senior subordinated unsecured basis. Such Guarantee shall be in the form of a supplemental indenture to this Indenture in accordance with Section 901.

Appears in 1 contract

Sources: Indenture (Colortyme Inc)

Future Subsidiary Guarantors. After the Issue Date, the Company will shall cause each Restricted Subsidiary (other than a Foreign Subsidiary Designated Non-Guarantor Subsidiary) created or acquired by the Company or one or more of its Restricted Subsidiaries to execute and deliver to the Trustee a Subsidiary Guarantee pursuant to which such Subsidiary Guarantor will unconditionally Guarantee, on a joint and several basis, the full and prompt payment of the principal of, premium, if any, any and interest on the Securities Notes on a senior subordinated basis.

Appears in 1 contract

Sources: Indenture (Hong Kong Television Network LTD)

Future Subsidiary Guarantors. After the Issue Date, the Company will shall cause each Restricted Subsidiary (other than a Foreign Subsidiary created or acquired by Subsidiary) that Guarantees any Indebtedness of the Company or any Subsidiary Guarantor to execute and deliver to the Trustee a Subsidiary Guarantee pursuant to which such Subsidiary Guarantor will shall unconditionally Guarantee, on a joint and several basis, the full and prompt payment of the principal of, premium, if any, any and interest on the Securities on a senior subordinated basisNotes.

Appears in 1 contract

Sources: First Supplemental Indenture (Berry Petroleum Co)

Future Subsidiary Guarantors. After the Issue Date, unless such Subsidiary has previously issued a Subsidiary Guarantee which is then in full force and effect, the Company will cause each Restricted Subsidiary other than that issues a Foreign Subsidiary created or acquired by the Company Guarantee in respect of obligations under a Credit Facility to execute and deliver to the Trustee a Subsidiary Guarantee pursuant to which such Subsidiary Guarantor will unconditionally Guarantee, on a joint and several basis, the full and prompt payment of the principal of, premium, if any, and interest on the Securities on a senior subordinated basis.

Appears in 1 contract

Sources: Indenture (Jiffy Lube International Inc)

Future Subsidiary Guarantors. After the Issue Date, the Company will cause each Restricted Subsidiary Subsidiary, other than a Foreign Subsidiary created or acquired by a Subsidiary which is a Subsidiary Guarantor, that becomes a guarantor under the Company Bank Credit Facilities to execute and deliver to the Trustee a Subsidiary Guarantee pursuant to which such Subsidiary Guarantor will unconditionally Guarantee, on a joint and several basis, the full and prompt payment of the principal of, premium, if any, and interest on the Securities Notes on a senior subordinated basis.

Appears in 1 contract

Sources: Indenture (Collins & Aikman Corp)

Future Subsidiary Guarantors. After the Issue Date, the Company will cause each Restricted Wholly-Owned Subsidiary other than that is not at such time a Foreign Subsidiary created or acquired by the Company Guarantor to execute and deliver to the Trustee a Subsidiary Guarantee supplemental indenture substantially in the form of Exhibit B pursuant to which such Subsidiary will become a Subsidiary Guarantor will and fully and unconditionally Guarantee, on a joint jointly and several basisseverally with the other Subsidiary Guarantors, the full and prompt payment of the principal ofGuaranteed Obligations, premium, if any, and interest on the Securities on a senior subordinated basisas provided under Article 10.

Appears in 1 contract

Sources: Indenture (Delta Petroleum Corp/Co)

Future Subsidiary Guarantors. After the Issue Date, the Company will cause each Restricted Subsidiary other than a Foreign Subsidiary created or acquired by the Company or one or more of its Restricted Subsidiaries to execute and deliver to the Trustee a Subsidiary Guarantee pursuant to which such Subsidiary Guarantor will unconditionally Guarantee, on a joint and several basis, the full and prompt payment of the principal of, premium, if any, any and interest on the Securities on a senior subordinated basis.

Appears in 1 contract

Sources: Indenture (Delta Petroleum Corp/Co)

Future Subsidiary Guarantors. After the Issue Date, the Company will cause each Restricted Subsidiary (other than a Foreign Subsidiary or a Receivables Entity) created or acquired by the Company to execute and deliver to the Trustee a Subsidiary Guarantee pursuant to which such Restricted Subsidiary Guarantor will unconditionally Guarantee, on a joint and several basisbasis with the other Subsidiary Guarantors, the full and prompt payment of the principal of, premium, if any, and interest on the Securities on a senior subordinated basisbasis and become a party to this Indenture as a Subsidiary Guarantor for all purposes of the Indenture.

Appears in 1 contract

Sources: Indenture (Sather Trucking Corp)

Future Subsidiary Guarantors. After the Issue Date, the Company will shall cause each Restricted Subsidiary (other than a Foreign Subsidiary created or acquired by Subsidiary) that Guarantees any Indebtedness of the Company or any Subsidiary Guarantor to execute and deliver to the Trustee a Subsidiary Guarantee pursuant to which such Subsidiary Guarantor will shall unconditionally Guarantee, on a joint and several basis, the full and prompt payment of the principal of, premium, if any, any and interest on the Securities Notes on a senior subordinated basis.

Appears in 1 contract

Sources: First Supplemental Indenture (Berry Petroleum Co)

Future Subsidiary Guarantors. After the Issue Datedate of the Existing Indenture, the Company will cause each Restricted Subsidiary other than a Foreign Subsidiary created or acquired by the Company to execute and deliver to the Trustee a Subsidiary Guarantee pursuant to which such Restricted Subsidiary Guarantor will unconditionally Guarantee, on a joint and several basis, the full and prompt payment of the principal of, premium, if any, and interest on the Securities on a senior subordinated unsecured basis. Such Guarantee shall be in the form of a supplemental indenture to this Indenture in accordance with Section 901.

Appears in 1 contract

Sources: Indenture (Colortyme Inc)