Common use of BORROWERS AND GUARANTORS Clause in Contracts

BORROWERS AND GUARANTORS. At all times the Parent will maintain (directly or indirectly), beneficially and of record, 100% of the voting control of, and 100% of the equity in, each Borrower which is a Core Currency Borrower and each Guarantor (other than the Parent), in each case subject to director qualifying shares or similar legal requirements.

Appears in 2 contracts

Samples: Year Credit Agreement (Tiffany & Co), Year Credit Agreement (Tiffany & Co)

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BORROWERS AND GUARANTORS. At all times the Parent will maintain (directly or indirectly), beneficially and of record, 100% of the voting control of, and 100% of the equity in, each Borrower which is a Core Currency Borrower and each Guarantor (other than the Parent), in each case subject to director qualifying shares or similar legal requirements.

Appears in 2 contracts

Samples: Credit Agreement (Tiffany & Co), Tiffany Credit Agreement (Tiffany & Co)

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