Common use of Execution of Supplemental Indenture for Future Note Guarantors Clause in Contracts

Execution of Supplemental Indenture for Future Note Guarantors. Each Subsidiary and other Person which is required to become a Guarantor pursuant to Section 4.11 shall promptly execute and deliver to the Trustee a joinder to the Intercreditor Agreement and a supplemental indenture in the form of Exhibit D hereto pursuant to which such Subsidiary or other Person shall become a Guarantor under this Article 11 and shall guarantee the Notes. Concurrently with the execution and delivery of such supplemental indenture, the Issuers shall deliver to the Trustee an Opinion of Counsel and an Officer’s Certificate to the effect that such supplemental indenture has been duly authorized, executed and delivered by such Subsidiary or other Person and that, subject to the application of bankruptcy, insolvency, moratorium, fraudulent conveyance or transfer and other similar laws relating to creditors’ rights generally and to the principles of equity, whether considered in a proceeding at law or in equity, the Note Guarantee of such Note Guarantor is a valid and binding obligation of such Note Guarantor, enforceable against such Note Guarantor in accordance with its terms and/or to such other matters as the Trustee may reasonably request.

Appears in 1 contract

Samples: Indenture (Harrahs Entertainment Inc)

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Execution of Supplemental Indenture for Future Note Guarantors. Each Subsidiary and other Person which is required to become a Subsidiary Guarantor of the Notes pursuant to Section 4.11 shall promptly execute and deliver to the Trustee a joinder to the Intercreditor Agreement and a supplemental indenture in the form of Exhibit D hereto pursuant to which such Subsidiary or other Person shall become a Subsidiary Guarantor under this Article 11 XII and shall guarantee the Notes. Concurrently with the execution and delivery of such supplemental indenture, the Issuers Company shall deliver to the Trustee an Opinion of Counsel and an Officer’s Certificate to the effect that such supplemental indenture has been duly authorized, executed and delivered by such Subsidiary or other Person and that, subject to the application of bankruptcy, insolvency, moratorium, fraudulent conveyance or transfer and other similar laws relating to creditors’ rights generally and to the principles of equity, whether considered in a proceeding at law or in equity, the Note Guarantee of such Note Subsidiary Guarantor is a valid and binding obligation of such Note Guarantorguarantor, enforceable against such Note Subsidiary Guarantor in accordance with its terms and/or to such other matters as the Trustee may reasonably requestterms.

Appears in 1 contract

Samples: Indenture (CAESARS ENTERTAINMENT Corp)

Execution of Supplemental Indenture for Future Note Guarantors. Each Subsidiary and other Person which is required to become a Note Guarantor pursuant to Section 4.11 shall promptly execute and deliver to the Trustee a joinder to the Intercreditor Agreement and a supplemental indenture in the form of Exhibit D C hereto pursuant to which such Subsidiary or other Person shall become a Note Guarantor under this Article 11 and shall guarantee the NotesGuaranteed Obligations. Concurrently with the execution and delivery of such supplemental indenture, the Issuers Company shall deliver to the Trustee an Opinion of Counsel and an Officer’s Officers' Certificate to the effect that such supplemental indenture has been duly authorized, executed and delivered by such Subsidiary or other Person and that, subject to the application of bankruptcy, insolvency, moratorium, fraudulent conveyance or transfer and other similar laws relating to creditors' rights generally and to the principles of equity, and other customer exceptions, whether considered in a proceeding at law or in equity, the Note Guarantee of such Note Guarantor is a legal, valid and binding obligation of such Note Guarantor, enforceable against such Note Guarantor in accordance with its terms and/or and or to such other matters as the Trustee may reasonably request.

Appears in 1 contract

Samples: Indenture (Berry Plastics Corp)

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Execution of Supplemental Indenture for Future Note Guarantors. Each Subsidiary and other Person which is required to become a Subsidiary Guarantor of the Notes pursuant to Section 4.11 shall promptly execute and deliver to the Trustee a joinder to the Intercreditor Agreement and a supplemental indenture in the form of Exhibit D hereto pursuant to which such Subsidiary or other Person shall become a Subsidiary Guarantor under this Article 11 XII and shall guarantee the Notes. Concurrently with the execution and delivery of such supplemental indenture, the Issuers Issuer shall deliver to the Trustee an Opinion of Counsel and an Officer’s Officers’ Certificate to the effect that such supplemental indenture has been duly authorized, executed and delivered by such Subsidiary or other Person and that, subject to the application of bankruptcy, insolvency, moratorium, fraudulent conveyance or transfer and other similar laws relating to creditors’ rights generally and to the principles of equity, whether considered in a proceeding at law or in equity, the Note Subsidiary Guarantee of such Note Subsidiary Guarantor is a valid and binding obligation of such Note Guarantorguarantor, enforceable against such Note Subsidiary Guarantor in accordance with its terms and/or to such other matters as the Trustee may reasonably requestterms.

Appears in 1 contract

Samples: Supplemental Indenture (Mariner, LLC)

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