Subsidiary Guarantor definition

Subsidiary Guarantor means each Subsidiary that has executed and delivered a Subsidiary Guaranty.
View Source
Subsidiary Guarantor means, collectively, the Subsidiaries of the Borrower that are Guarantors.
View Source
Subsidiary Guarantor means each Subsidiary of the Borrower that is or becomes a party to the Subsidiary Guaranty or delivers a guaranty pursuant to Section 7.11.
View Source

Examples of Subsidiary Guarantor in a sentence

  • The Subsidiary Guarantors will have the right to seek contribution from any non-paying Subsidiary Guarantor so long as the exercise of such right does not impair the rights of the Holders under the Subsidiary Guarantee.

  • Permit any Subsidiary that is not a Subsidiary Guarantor to become a guarantor or borrower of any Obligations under any Senior Financing Transaction.

  • The Trustee in its individual or any other capacity may become the owner or pledgee of Notes and may otherwise deal with the Issuer or any Subsidiary Guarantor or any Affiliate of the Issuer or any Subsidiary Guarantor with the same rights it would have if it were not Trustee.

  • Upon any such Transfer, if applicable, the Administrative Agent shall, upon the request of the Borrower and at the Borrower’s expense (but not in limitation of the provisions of Section 9.14(b)), release the applicable Subsidiary Guarantor from the Guaranty in accordance with Section 9.14(b).

  • Each Subsidiary Guarantor agrees that this is a guarantee of payment and not a guarantee of collection.


More Definitions of Subsidiary Guarantor

Subsidiary Guarantor means any Guarantor other than Holdings.
View Source
Subsidiary Guarantor means any Subsidiary that has issued a Subsidiary Guarantee.
View Source
Subsidiary Guarantor means any Subsidiary of the Company that provides a Guarantee of the obligations of the Company with respect to any series of Securities or enters into a Guaranty Agreement that becomes a Subsidiary Guarantor.
View Source
Subsidiary Guarantor means each Restricted Subsidiary that provides a Subsidiary Guarantee in accordance with this Indenture; provided that upon release or discharge of such Restricted Subsidiary from its Subsidiary Guarantee in accordance with this Indenture, such Restricted Subsidiary ceases to be a Subsidiary Guarantor.
View Source
Subsidiary Guarantor means each Subsidiary of the Company that executes this Indenture as a guarantor on the Issue Date and each other Subsidiary of the Company that thereafter guarantees the Securities pursuant to the terms of this Indenture.
View Source
Subsidiary Guarantor each Subsidiary of the Borrower other than any Excluded Foreign Subsidiary.
View Source
Subsidiary Guarantor means each Subsidiary listed on Schedule 1.01(b), and each other Subsidiary that is or becomes a party to this Agreement pursuant to Section 5.11.
View Source