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Common use of Subsidiary Guarantor Clause in Contracts

Subsidiary Guarantor. The Guarantor to this Agreement will only be bound by its guarantee if it remains a wholly owned subsidiary of the Borrower.

Appears in 8 contracts

Sources: Revolving Credit Agreement (Union Carbide Corp /New/), Revolving Credit Agreement (Union Carbide Corp /New/), Revolving Credit Agreement (Union Carbide Corp /New/)

Related Clauses

  • Guarantor
  • Release of a Subsidiary Guarantor
  • Future Subsidiary Guarantors
  • Release of Subsidiary Guarantor
  • Additional Subsidiary Guarantors

Parent Clauses

  • Definitive Notes
  • Miscellaneous
  • Payments Due on Non-Business Days
  • Affirmative Covenants
  • Guaranties

Sub-Clauses

  • MERGER OF SUBSIDIARY
  • SURVIVING ENTITY
  • Judgments
  • Bankruptcy, Insolvency, etc
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