Common use of Future Subsidiary Guarantors Clause in Contracts

Future Subsidiary Guarantors. After the Issue Date, the Company shall cause each Significant Domestic Subsidiary that guarantees payment by the Company of any Bank Indebtedness of the Company to execute and deliver to the Trustee a Supplemental Indenture or other instrument pursuant to which such Subsidiary shall guarantee payment of the Notes, whereupon such Subsidiary shall become a Subsidiary Guarantor for all purposes under this Indenture. In addition, the Company may cause any Subsidiary that is not a Subsidiary Guarantor to so guarantee payment of the Notes and become a Subsidiary Guarantor.

Appears in 5 contracts

Samples: Indenture (VWR International, Inc.), Indenture (VWR International, Inc.), VWR International, Inc.

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Future Subsidiary Guarantors. After From and after the Issue Date, the Company shall will cause each Significant Domestic Subsidiary that guarantees payment by the Company of any Bank Indebtedness of the Company under the Senior Credit Facilities to execute and deliver to the Trustee a Supplemental Indenture supplemental indenture or other instrument pursuant to which such Domestic Subsidiary shall will guarantee payment of the Notes, whereupon such Domestic Subsidiary shall will become a Subsidiary Guarantor for all purposes under this Indenture. In addition, the Company may cause any Subsidiary or other Person that is not a Subsidiary Guarantor to so guarantee payment of the Notes and become a Subsidiary Guarantor. Subsidiary Guarantees will be subject to release and discharge as provided in Section 1303.

Appears in 4 contracts

Samples: Indenture (Avis Budget Group, Inc.), Indenture (Avis Budget Group, Inc.), Avis Budget Group, Inc.

Future Subsidiary Guarantors. After From and after the Issue Date, the Company shall will cause each Significant Domestic Subsidiary that guarantees payment by the Company of any Bank Indebtedness of the Company under the Senior Credit Facilities to execute and deliver to the Trustee a Supplemental Indenture supplemental indenture or other instrument pursuant to which such Domestic Subsidiary shall will guarantee payment of the Notes, whereupon such Domestic Subsidiary shall will become a Subsidiary Guarantor for all purposes under this Indenture. In addition, the Company may cause any Subsidiary that is not a Subsidiary Guarantor so to so guarantee payment of the Notes and become a Subsidiary Guarantor.

Appears in 4 contracts

Samples: Indenture (Hertz Corp), Indenture (Hertz Corp), Hertz Global Holdings Inc

Future Subsidiary Guarantors. After From and after the Issue Date, the Company shall will cause each Significant Domestic Subsidiary (other than the Co-Issuer) that guarantees payment by the Company of any Bank Indebtedness of the Company under the Senior Credit Facilities to execute and deliver to the Trustee a Supplemental Indenture supplemental indenture or other instrument pursuant to which such Domestic Subsidiary shall will guarantee payment of the Notes, whereupon such Domestic Subsidiary shall will become a Subsidiary Guarantor for all purposes under this Indenture. In addition, the Company may cause any Subsidiary that is not a Subsidiary Guarantor so to so guarantee payment of the Notes and become a Subsidiary Guarantor.

Appears in 3 contracts

Samples: Indenture (New Sally Holdings, Inc.), Sally Beauty Holdings, Inc., New Sally Holdings, Inc.

Future Subsidiary Guarantors. After From and after the Issue Date, the Company shall will cause each Significant Domestic Subsidiary that guarantees payment by the Company of any Bank Indebtedness of the Company under the Senior Credit Facilities to execute and deliver to the Trustee a Supplemental Indenture supplemental indenture or other instrument pursuant to which such Domestic Subsidiary shall will guarantee payment of the Notes, whereupon such Domestic Subsidiary shall will become a Subsidiary Guarantor for all purposes under this Indenture. In addition, the Company may cause any Subsidiary or other Person that is not a Subsidiary Guarantor to so guarantee payment of the Notes and become a Subsidiary Guarantor. Subsidiary Guarantees will be subject to release and discharge under certain circumstances prior to payment in full of the Notes.

Appears in 2 contracts

Samples: Indenture (Avis Budget Group, Inc.), Indenture (Avis Budget Group, Inc.)

Future Subsidiary Guarantors. After the Issue Date, the The Company shall will cause each Significant Domestic Subsidiary that guarantees payment by the Company of any Bank Indebtedness of the Company under a Senior Credit Facility to execute and deliver to the Trustee a Supplemental Indenture supplemental indenture or other instrument pursuant to which such Domestic Subsidiary shall will guarantee payment of the Notes, whereupon such Domestic Subsidiary shall will become a Subsidiary Guarantor for all purposes under this Indenture. In addition, the Company may may, at its option, elect to cause any Subsidiary that is not a Subsidiary Guarantor to so guarantee payment of the Notes and become a Subsidiary Guarantor.

Appears in 2 contracts

Samples: Hertz Corp, Hertz Corp

Future Subsidiary Guarantors. After From and after the Issue Date, the Company shall will cause each Significant Domestic Subsidiary that guarantees payment by the Company of any Bank Indebtedness of the Company under the Senior Credit Facility to execute and deliver to the Trustee a Supplemental Indenture supplemental indenture or other instrument pursuant to which such Subsidiary shall will guarantee payment of the Notes, whereupon such Subsidiary shall will become a Subsidiary Guarantor for all purposes under this Indenture. In addition, the Company may cause any Subsidiary or other Person that is not a Subsidiary Guarantor to so guarantee payment of the Notes and become a Subsidiary Guarantor. Subsidiary Guarantees will be subject to release and discharge under certain circumstances prior to payment in full of the Notes.

Appears in 2 contracts

Samples: Indenture (Adesa California, LLC), Indenture (Adesa California, LLC)

Future Subsidiary Guarantors. After From and after the Issue Date, the Company shall will cause each Significant Domestic Subsidiary (other than the Co-Issuer) that guarantees payment by the Company of any Bank Indebtedness of the Company under a Credit Facility, the 2023 Notes or the 2025 Notes to execute and deliver to the Trustee a Supplemental Indenture supplemental indenture or other instrument pursuant to which such Domestic Subsidiary shall will guarantee payment of the Notes, whereupon such Domestic Subsidiary shall will become a Subsidiary Guarantor for all purposes under this Indenture. In addition, the Company may cause any Subsidiary that is not a Subsidiary Guarantor so to so guarantee payment of the Notes and become a Subsidiary Guarantor.

Appears in 1 contract

Samples: Indenture (Sally Beauty Holdings, Inc.)

Future Subsidiary Guarantors. After If any Subsidiary of the Issue DateCompany that is not then a Subsidiary Guarantor guarantees, or becomes a guarantor or co-obligor, of the Credit Agreement or the Term Loan, then the Company shall cause each Significant Domestic such Subsidiary that guarantees payment by the Company of any Bank Indebtedness of the Company to promptly execute and deliver to the Trustee a Supplemental Indenture or other instrument pursuant supplemental indenture to which this Indenture, in substantially in the form attached hereto as Exhibit D, providing for the Guarantee by such Subsidiary shall guarantee payment of the Notes, whereupon such Subsidiary shall become a Subsidiary Guarantor for all purposes Company’s obligations under this Indenture. In addition, the Company may cause any Subsidiary that is not a Subsidiary Guarantor to so guarantee payment of the Notes and become a Subsidiary Guarantorin accordance with Article XIV herein.

Appears in 1 contract

Samples: Indenture (EnLink Midstream Partners, LP)

Future Subsidiary Guarantors. After the Issue Date, the The Company shall will cause each Significant Domestic Subsidiary that guarantees payment by the Company of any Bank Indebtedness of the Company or any Subsidiary Guarantor under the Senior Credit Facility and that is a Wholly Owned Domestic Subsidiary, to execute and deliver to the Trustee within 30 days a Supplemental Indenture supplemental indenture or other instrument pursuant to which such Domestic Subsidiary shall will guarantee payment of the Notes, whereupon such Domestic Subsidiary shall will become a Subsidiary Guarantor for all purposes under this Indenture. In addition, the Company may may, at its option, elect to cause any Subsidiary that is not a Subsidiary Guarantor so to so guarantee payment of the Notes and become a Subsidiary Guarantor.

Appears in 1 contract

Samples: Servicemaster Global Holdings Inc

Future Subsidiary Guarantors. After From and after the Issue Date, the Company shall will cause each Significant Domestic Subsidiary (other than the Co-Issuer) that guarantees payment by the Company of any Bank Indebtedness of the Company under a Credit Facility or the 2019 Notes to execute and deliver to the Trustee a Supplemental Indenture supplemental indenture or other instrument pursuant to which such Domestic Subsidiary shall will guarantee payment of the Notes, whereupon such Domestic Subsidiary shall will become a Subsidiary Guarantor for all purposes under this Indenture. In addition, the Company may cause any Subsidiary that is not a Subsidiary Guarantor so to so guarantee payment of the Notes and become a Subsidiary Guarantor.

Appears in 1 contract

Samples: Supplemental Indenture (Sally Investment Holdings LLC)

Future Subsidiary Guarantors. After the Issue Date, the The Company shall cause each Significant Domestic Subsidiary that guarantees payment by the Company of any Bank Indebtedness of the Company under a Senior Credit Facility to execute and deliver to the Trustee a Supplemental Indenture supplemental indenture or other instrument pursuant to which such Domestic Subsidiary shall guarantee payment of the Notes, whereupon such Domestic Subsidiary shall become a Subsidiary Guarantor for all purposes under this Indenture. In addition, the Company may may, at its option, elect to cause any Subsidiary that is not a Subsidiary Guarantor to so guarantee payment of the Notes and become a Subsidiary Guarantor.

Appears in 1 contract

Samples: Indenture (Hertz Corp)

Future Subsidiary Guarantors. After From and after the Issue Date, the Company shall will cause each Significant Wholly Owned Domestic Subsidiary that guarantees payment by the Company of any Bank Indebtedness of the Company under the Senior Credit Facilities to execute and deliver to the Trustee within 30 days a Supplemental Indenture supplemental indenture or other instrument pursuant to which such Wholly Owned Domestic Subsidiary shall will guarantee payment of the Notes, whereupon such Wholly Owned Domestic Subsidiary shall will become a Subsidiary Guarantor for all purposes under this Indenture. In addition, the Company may cause any Subsidiary that is not a Subsidiary Guarantor so to so guarantee payment of the Notes and become a Subsidiary Guarantor.

Appears in 1 contract

Samples: Great North Imports, LLC

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Future Subsidiary Guarantors. After As set forth more particularly in Article XIII, from and after the Issue Date, the Company shall will cause each Significant Domestic Subsidiary that guarantees payment by the Company of any Bank Indebtedness of the Company Issuers under the Senior Credit Facilities to execute and deliver to the Trustee a Supplemental Indenture supplemental indenture or other instrument pursuant to which such Domestic Subsidiary shall will guarantee payment of the Notes, whereupon such Domestic Subsidiary shall will become a Subsidiary Guarantor for all purposes under this Indenture. In addition, the Company may cause any Subsidiary that is not a Subsidiary Guarantor so to so guarantee payment of the Notes and become a Subsidiary Guarantor.

Appears in 1 contract

Samples: RSC Equipment Rental, Inc.

Future Subsidiary Guarantors. After From and after the Issue Date, the Company shall will cause each Significant Domestic Subsidiary (other than the Co-Issuer) that guarantees payment by the Company of any Bank Indebtedness of the Company under a Credit Facility, the 2022 Notes or the 2023 Notes to execute and deliver to the Trustee a Supplemental Indenture supplemental indenture or other instrument pursuant to which such Domestic Subsidiary shall will guarantee payment of the Notes, whereupon such Domestic Subsidiary shall will become a Subsidiary Guarantor for all purposes under this Indenture. In addition, the Company may cause any Subsidiary that is not a Subsidiary Guarantor so to so guarantee payment of the Notes and become a Subsidiary Guarantor.

Appears in 1 contract

Samples: Supplemental Indenture (Sally Beauty Holdings, Inc.)

Future Subsidiary Guarantors. After From and after the Issue Date, the Company shall will cause each Significant Domestic Subsidiary (other than the Co-Issuer) that guarantees payment by the Company of any Bank Indebtedness of the Company under a Credit Facility, the 2019 Notes or the 2022 Notes to execute and deliver to the Trustee a Supplemental Indenture supplemental indenture or other instrument pursuant to which such Domestic Subsidiary shall will guarantee payment of the Notes, whereupon such Domestic Subsidiary shall will become a Subsidiary Guarantor for all purposes under this Indenture. In addition, the Company may cause any Subsidiary that is not a Subsidiary Guarantor so to so guarantee payment of the Notes and become a Subsidiary Guarantor.

Appears in 1 contract

Samples: Initial Agreement (Sally Beauty Holdings, Inc.)

Future Subsidiary Guarantors. After From and after the Issue Date, the Company shall will cause each Significant Domestic Subsidiary that guarantees payment by the Company of any Bank Indebtedness of the Company under the Senior Credit Facility to execute and deliver to the Trustee a Supplemental Indenture supplemental indenture or other instrument pursuant to which such Domestic Subsidiary shall will guarantee payment of the Notes, whereupon such Domestic Subsidiary shall will become a Subsidiary Guarantor for all purposes under this Indenture. In addition, the Company may cause any Subsidiary or other Person that is not a Subsidiary Guarantor to so guarantee payment of the Notes and become a Subsidiary Guarantor. Subsidiary Guarantees will be subject to release and discharge under certain circumstances prior to payment in full of the Notes.

Appears in 1 contract

Samples: Indenture (Cendant Corp)

Future Subsidiary Guarantors. After From and after the Issue Completion Date, the Company shall will cause each Significant Domestic Subsidiary that guarantees payment by the Company of any Bank Indebtedness of the Company under the Senior Credit Facilities to execute and deliver to the Trustee a Supplemental Indenture supplemental indenture or other instrument pursuant to which such Domestic Subsidiary shall will guarantee payment of the Notes, whereupon such Domestic Subsidiary shall will become a Subsidiary Guarantor for all purposes under this Indenture. In addition, the Company may cause any Subsidiary or other Person that is not a Subsidiary Guarantor to so guarantee payment of the Notes and become a Subsidiary Guarantor. Subsidiary Guarantees will be subject to release and discharge as provided in Section 1303.

Appears in 1 contract

Samples: Supplemental Indenture (Avis Budget Group, Inc.)

Future Subsidiary Guarantors. After From and after the Issue Date, the Company shall will cause each Significant Domestic Subsidiary that guarantees payment by the Company of any Bank Indebtedness of the Company Issuers under the Senior Credit Facilities to execute and deliver to the Trustee a Supplemental Indenture supplemental indenture or other instrument pursuant to which such Domestic Subsidiary shall will guarantee payment of the Notes, whereupon such Domestic Subsidiary shall will become a Subsidiary Guarantor for all purposes under this Indenture. In addition, the Company may cause any Subsidiary that is not a Subsidiary Guarantor so to so guarantee payment of the Notes and become a Subsidiary Guarantor.

Appears in 1 contract

Samples: RSC Holdings Inc.

Future Subsidiary Guarantors. After As set forth more particularly in Article XIII, from and after the Issue Date, the Company shall will cause each Significant Domestic Subsidiary that guarantees payment by the Company of any Bank Indebtedness of the Company Issuers under the Senior ABL Facility to execute and deliver to the Trustee a Supplemental Indenture supplemental indenture or other instrument pursuant to which such Domestic Subsidiary shall will guarantee payment of the Notes, whereupon such Domestic Subsidiary shall will become a Subsidiary Guarantor for all purposes under this Indenture. In addition, the Company may cause any Subsidiary that is not a Subsidiary Guarantor so to so guarantee payment of the Notes and become a Subsidiary Guarantor.

Appears in 1 contract

Samples: RSC Equipment Rental, Inc.

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