Additional Subsidiary Guarantor definition

Additional Subsidiary Guarantor means each Person that becomes a Subsidiary Guarantor after the Closing Date by execution of an Accession Agreement as provided in Section 6.12.
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Additional Subsidiary Guarantor means any Subsidiary of the Borrower that provides a Subsidiary Guaranty in accordance with Section 5.10(a).
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Additional Subsidiary Guarantor means any Material Subsidiary that the Company has elected to have become a Subsidiary Guarantor; provided that if such Material Subsidiary is organized in any jurisdiction where no existing Subsidiary Guarantor is organized, then such Material Subsidiary shall be reasonably satisfactory to the Administrative Agent (it being understood that the Specified Target Subsidiaries are reasonably satisfactory to the Administrative Agent).
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Examples of Additional Subsidiary Guarantor in a sentence

  • Each Additional Subsidiary Guarantor hereby becomes a party to the Indenture as a Subsidiary Guarantor and as such will have all of the rights and be subject to all of the obligations and agreements of a Subsidiary Guarantor under the Indenture.

  • Each Additional Subsidiary Guarantor acknowledges that it will receive direct and indirect benefits from the financing arrangements contemplated by the Indenture and this Supplemental Indenture and that the guarantee and waivers made by it pursuant to this Note Guarantee are knowingly made in contemplation of such benefits.

  • Each Additional Subsidiary Guarantor agrees that its Note Guarantee shall remain in full force and effect notwithstanding any failure to endorse on each Note a notation of any such Note Guarantee.

  • Each Additional Subsidiary Guarantor agrees, on a joint and several basis with all the existing Subsidiary Guarantors [and the other Additional Subsidiary Guarantors], to fully, unconditionally and irrevocably guarantee to each Holder of the Notes and the Trustee the Obligations pursuant to Article Ten of the Indenture on a senior basis.


More Definitions of Additional Subsidiary Guarantor

Additional Subsidiary Guarantor means, at any time, each Subsidiary of the Company which is (a) a guarantor of the obligations of the Company or any Subsidiary under a Principal Credit Facility or (b) a borrower or other obligor under a Principal Credit Facility.
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Additional Subsidiary Guarantor each Domestic Subsidiary of the Company (other than any Excluded Subsidiary) (a) that has Consolidated Total Assets with a Net Book Value in excess of $500,000,000 and (b) with respect to which the Company or any Subsidiary Guarantor directly or indirectly owns 80% or more of the Capital Stock or Voting Stock of such Subsidiary and the remaining Capital Stock of which is not publicly held.
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Additional Subsidiary Guarantor means, at any time, (a) each Subsidiary of the Company that guarantees, or agrees with the lender or noteholder counterparties (or is otherwise contractually obligated) to provide credit support for, all or any part of the obligations of the Company or any Domestic Subsidiary under, or in respect of, the Bank Credit Agreement, the 2006 Note Purchase Agreement or the NYL Note Facility, or (b) each Domestic Subsidiary that is a borrower, issuer or other obligor under, or in respect of, the Bank Credit Agreement, the 2006 Note Purchase Agreement or the NYL Note Facility.
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Additional Subsidiary Guarantor. Any subsidiary of the Company that executes a Guarantee under the Indenture after the date of this Agreement.
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Additional Subsidiary Guarantor means each Subsidiary of the Company which after the Closing either guarantees the obligations of the Company under any Principal Credit Facility or is an obligor under any such Principal Credit Facility.
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Additional Subsidiary Guarantor means a Restricted Subsidiary that is required to guarantee the Notes under Section 4.19 and Section 11.06 hereof.
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Additional Subsidiary Guarantor means each additional Subsidiary of the Borrower which becomes a Subsidiary Guarantor pursuant to Section 4A.05.
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