Common use of Covenant to Guarantee Obligations and Give Security Clause in Contracts

Covenant to Guarantee Obligations and Give Security. (a) Upon the formation or acquisition of any new direct or indirect Subsidiary by any Loan Party, then the Borrower shall, at the Borrower’s expense:

Appears in 9 contracts

Samples: Credit Agreement (Media General Inc), Credit Agreement (Media General Inc), First Lien Credit Agreement (RiskMetrics Group Inc)

AutoNDA by SimpleDocs

Covenant to Guarantee Obligations and Give Security. (a) Upon the formation or acquisition of any new direct or indirect Subsidiary (other than any Non-Guarantor Subsidiary) by any Loan Party, then or any Non-Guarantor Subsidiary no longer meeting the requirements of the definition thereof, the Borrower shall, at the Borrower’s expense:

Appears in 5 contracts

Samples: Credit Agreement (McClatchy Co), Restatement Agreement (McClatchy Co), Credit Agreement (McClatchy Co)

Covenant to Guarantee Obligations and Give Security. (a) Upon the formation or acquisition of any new direct or indirect Subsidiary Subsidiaries by any Loan Party, then the Borrower shall, in each case at the Borrower’s expense:

Appears in 4 contracts

Samples: Credit Agreement (Cracker Barrel Old Country Store, Inc), Credit Agreement (CBRL Group Inc), Credit Agreement (CBRL Group Inc)

Covenant to Guarantee Obligations and Give Security. (a) Upon the formation or acquisition of any new direct or indirect Domestic Subsidiary by of any Loan Party or, to the extent no material adverse tax consequence would result, upon the formation or acquisition of any new direct or indirect Foreign Subsidiary of any Loan Party, then the Borrower relevant Loan Party shall, at the Borrower’s expense:

Appears in 3 contracts

Samples: Credit Agreement (Einstein Noah Restaurant Group Inc), Credit Agreement (Einstein Noah Restaurant Group Inc), Credit Agreement (Einstein Noah Restaurant Group Inc)

Covenant to Guarantee Obligations and Give Security. (a) Upon the formation or acquisition of any new direct or indirect Subsidiary (other than an Excluded Subsidiary) by any Loan Party, then the Borrower shall, at the Borrower’s expense:

Appears in 3 contracts

Samples: Loan Agreement (Monitronics International Inc), Senior Secured Credit Agreement (Monitronics International Inc), Credit Agreement (Nu Skin Enterprises, Inc.)

Covenant to Guarantee Obligations and Give Security. (a) Upon the formation or acquisition of any new direct or indirect Subsidiary Guarantor Subsidiaries by any Loan Party, then the Borrower shall, in each case at the Borrower’s 's expense:

Appears in 2 contracts

Samples: Credit Agreement (Medcath Corp), Credit Agreement (Medcath Corp)

Covenant to Guarantee Obligations and Give Security. (a) Upon the formation or acquisition of any new direct or indirect Subsidiary (other than an Excluded Subsidiary) by any Loan Party, then the Borrower shall, at the Borrower’s 's expense:

Appears in 2 contracts

Samples: Credit Agreement (Nu Skin Enterprises Inc), Credit Agreement (Nu Skin Enterprises Inc)

Covenant to Guarantee Obligations and Give Security. (a) Upon the formation or acquisition of any new direct or indirect Subsidiary by any Loan Party, then the Borrower Borrowers shall, at the Borrower’s Borrowers’ expense:

Appears in 2 contracts

Samples: First Lien Credit Agreement (Prospect Medical Holdings Inc), Second Lien Credit Agreement (Prospect Medical Holdings Inc)

Covenant to Guarantee Obligations and Give Security. (a) Upon the formation or acquisition of any new direct or indirect Subsidiary Subsidiaries by any Loan Party, then the Borrower shall, at the Borrower’s expense:

Appears in 2 contracts

Samples: Credit Agreement (Tupperware Brands Corp), Credit Agreement (Allbritton Communications Co)

Covenant to Guarantee Obligations and Give Security. (a) Upon the formation or acquisition of any new direct or indirect Guarantor Subsidiary by any Loan Party, then the Borrower shall, at the Borrower’s expense:

Appears in 2 contracts

Samples: Credit Agreement (Patriot Coal CORP), Credit Agreement (Patriot Coal CORP)

Covenant to Guarantee Obligations and Give Security. (a) Upon the formation or acquisition of any new direct or indirect Subsidiary of Holdings (other than any Excluded Subsidiary) by any Loan Party, then the Borrower Borrowers shall, at the Borrower’s Borrowers’ expense:

Appears in 2 contracts

Samples: Credit Agreement (Gsi Group Inc), Credit Agreement (Novanta Inc)

Covenant to Guarantee Obligations and Give Security. (a) Upon the formation or acquisition or other designation of any new direct or indirect Material Subsidiary by any Loan Party, then the Borrower Borrowers shall, at the Borrower’s Borrowers’ expense:

Appears in 2 contracts

Samples: Credit Agreement (Ichor Holdings, Ltd.), Credit Agreement (Ichor Holdings, Ltd.)

Covenant to Guarantee Obligations and Give Security. (a) Upon the formation or acquisition of any new direct or indirect Restricted Subsidiary (other than any Non-Guarantor Subsidiary) by any Loan Party, then the Borrower shall, at the Borrower’s expense:

Appears in 2 contracts

Samples: Security Agreement (Health Management Associates Inc), Security Agreement (Health Management Associates Inc)

Covenant to Guarantee Obligations and Give Security. (a) (a) Upon the formation or acquisition or other designation of any new direct or indirect Material Subsidiary by any Loan Party, then the Borrower Borrowers shall, at the Borrower’s Borrowers’ expense:

Appears in 2 contracts

Samples: Credit Agreement (Ichor Holdings, Ltd.), Credit Agreement (Ichor Holdings, Ltd.)

Covenant to Guarantee Obligations and Give Security. (a) Upon the formation or acquisition of any new direct or indirect Material Subsidiary by any Loan Party, then the Borrower shall, at the Borrower’s expense:

Appears in 2 contracts

Samples: Collateral Agreement (Diamond Foods Inc), Assignment and Assumption (Diamond Foods Inc)

Covenant to Guarantee Obligations and Give Security. (a) Upon the formation or acquisition of any new direct or indirect Subsidiary (other than any Excluded Subsidiary) by any Loan Party, then the Borrower Borrowers shall, at the Borrower’s Borrowers’ expense:

Appears in 2 contracts

Samples: Credit Agreement (TBS International PLC), Credit Agreement (TBS International PLC)

Covenant to Guarantee Obligations and Give Security. (a) Upon the formation or acquisition of any new direct or indirect Subsidiary of the Borrower (other than any Excluded Subsidiary) by any Loan Party, then the Borrower shall, at the Borrower’s expense:

Appears in 2 contracts

Samples: Security Agreement (Gsi Group Inc), Credit Agreement (Gsi Group Inc)

Covenant to Guarantee Obligations and Give Security. (a) Upon the formation or acquisition of any new direct or indirect Restricted Subsidiary by any Loan Partythe Borrower, then the Borrower shall, at the Borrower’s expense:

Appears in 1 contract

Samples: Credit Agreement (Universal American Financial Corp)

Covenant to Guarantee Obligations and Give Security. (a) Upon the formation or acquisition of any new direct or indirect Subsidiary by any Loan Party, then the Borrower shall, at the Borrower’s 's expense:

Appears in 1 contract

Samples: Credit Agreement (Overhill Farms Inc)

Covenant to Guarantee Obligations and Give Security. (a) Upon the formation or acquisition of any new direct or indirect Subsidiary (other than any Excluded Subsidiary or an Unrestricted Subsidiary) by any Loan Party, then the Borrower shall, at the Borrower’s expense:

Appears in 1 contract

Samples: Security Agreement (Polyone Corp)

Covenant to Guarantee Obligations and Give Security. (a) Upon the formation or acquisition of any new direct or indirect Subsidiary by any Loan Party, then the Borrower Borrowers shall, at the Borrower’s Borrowers’ expense:

Appears in 1 contract

Samples: Credit Agreement (Star Buffet Inc)

AutoNDA by SimpleDocs

Covenant to Guarantee Obligations and Give Security. (a) Upon the formation or acquisition of any new direct or indirect Material Subsidiary by any Loan PartyParty as permitted by this Agreement, then the Borrower shall, at the Borrower’s expense:

Appears in 1 contract

Samples: Credit Agreement (LEE ENTERPRISES, Inc)

Covenant to Guarantee Obligations and Give Security. (a) Upon the formation or acquisition of any new direct or indirect Subsidiary by any Loan Partythe Borrower, then the Borrower shall, at the Borrower’s expense:

Appears in 1 contract

Samples: Credit Agreement (Universal American Corp.)

Covenant to Guarantee Obligations and Give Security. (a) Upon the formation or acquisition of any new direct or indirect Subsidiary by any Loan Party, then the Borrower shall, at the Borrower’s expense:

Appears in 1 contract

Samples: Assignment and Assumption (On Assignment Inc)

Covenant to Guarantee Obligations and Give Security. (a) Upon the formation or acquisition of any new direct or indirect Subsidiary (other than an Immaterial Subsidiary) by any Loan Party, then the Borrower shall, at the Borrower’s expense:

Appears in 1 contract

Samples: Credit Agreement (Vertex Pharmaceuticals Inc / Ma)

Covenant to Guarantee Obligations and Give Security. (a) Upon the formation or acquisition by any Loan Party of any new direct or indirect Material Domestic Subsidiary, or upon a Subsidiary by of any Loan PartyParty becoming a Material Domestic Subsidiary, then the Borrower shall, at the Borrower’s expense:

Appears in 1 contract

Samples: Credit Agreement (Diamond Foods Inc)

Covenant to Guarantee Obligations and Give Security. (a) Upon the formation or acquisition of any new direct or indirect Domestic Subsidiary (other than any Excluded Subsidiary) by any Loan Party, then the Borrower Borrowers shall, at the Borrower’s Borrowers’ expense:

Appears in 1 contract

Samples: Asset Based Revolving Credit Agreement (Warrior Met Coal, LLC)

Covenant to Guarantee Obligations and Give Security. (a) Upon the formation or acquisition of any new direct or indirect Subsidiary by any Loan PartyParty (including, then without limitation, upon the formation of any Subsidiary that is a Division successor), the Borrower shall, at the Borrower’s expense:

Appears in 1 contract

Samples: Security and Pledge Agreement (BJs RESTAURANTS INC)

Covenant to Guarantee Obligations and Give Security. (a) Upon the formation or acquisition of any new direct or indirect Subsidiary by any Loan PartySubsidiary, then the Borrower shall, at the Borrower’s expense:

Appears in 1 contract

Samples: Loan Agreement (New Horizons Worldwide Inc)

Covenant to Guarantee Obligations and Give Security. (a) Upon the formation or acquisition of any new new, wholly-owned, direct or indirect domestic Subsidiary by any Loan Party, then the Borrower shall, at the Borrower’s expense:

Appears in 1 contract

Samples: Credit Agreement (Bally Technologies, Inc.)

Covenant to Guarantee Obligations and Give Security. (a) Upon the formation or acquisition (including pursuant to any Permitted Acquisition) of any new direct or indirect Domestic Subsidiary by any Loan Party, then the Borrower shall, at the Borrower’s expense:

Appears in 1 contract

Samples: Credit Agreement (Phibro Animal Health Corp)

Covenant to Guarantee Obligations and Give Security. (a) Upon the formation or acquisition of any new direct or indirect Domestic Subsidiary by any Loan Party, then the Administrative Borrower shall, at the Administrative Borrower’s expense:

Appears in 1 contract

Samples: Credit Agreement (Alexion Pharmaceuticals Inc)

Covenant to Guarantee Obligations and Give Security. (a) Upon the formation formation, creation or acquisition of any new direct or indirect Subsidiary by any Loan PartyParty after the Amendment Effective Date, then the Borrower shall, at the Borrower’s expense:

Appears in 1 contract

Samples: Loan Agreement (Integramed America Inc)

Covenant to Guarantee Obligations and Give Security. (a) Upon the formation or acquisition of any new direct or indirect wholly-owned Subsidiary (other than in each case an Excluded Subsidiary) by any Loan Party, then the Borrower shall, at the Borrower’s expense:expense and within the time period specified (or such longer period as agreed by the Administrative Agent):

Appears in 1 contract

Samples: Credit Agreement (Green Mountain Coffee Roasters Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.