Common use of Borrower Guarantee Clause in Contracts

Borrower Guarantee. The Administrative Agent shall have received an agreement and acknowledgment by the Borrower that the guarantee set forth in Section 3 of the Guarantee and Pledge Agreement covers the obligations of such Foreign Subsidiary as a Foreign Subsidiary Borrower under this Agreement and the other Loan Documents.

Appears in 1 contract

Sources: Credit Agreement (Kadant Inc)

Borrower Guarantee. The Administrative Agent shall have received an agreement and acknowledgment acknowledgement by the Borrower that the guarantee set forth in Section 3 of the Guarantee and Pledge Agreement covers the obligations of such Foreign the French Subsidiary as a Foreign Subsidiary Borrower under this Agreement and the other Loan Documents.

Appears in 1 contract

Sources: Credit Agreement (Kadant Inc)

Borrower Guarantee. The Administrative Agent shall have received an agreement and acknowledgment by the Borrower that the guarantee set forth in Section 3 of the Guarantee and Pledge Agreement covers the obligations of such Foreign Subsidiary as a Foreign Subsidiary Borrower under this Agreement and the other Loan Documents.

Appears in 1 contract

Sources: Credit Agreement (Kadant Inc)