Common use of Future Subsidiary Guarantors Clause in Contracts

Future Subsidiary Guarantors. The Company will cause any Restricted Subsidiary that is not already a Subsidiary Guarantor that Guarantees any Indebtedness of the Company or a Subsidiary Guarantor under a Credit Facility or that incurs any Indebtedness under the First Lien Credit Agreement, in each case, to execute and deliver to the Trustee within 30 days of such guarantee or incurrence a supplemental indenture (in substantially the form specified in Exhibit E to this Indenture) pursuant to which such Subsidiary will unconditionally Guarantee, on a joint and several basis, the full and prompt payment of the principal of, premium, if any, and interest on the Notes on a senior basis. Any such Subsidiary Guarantee will be subject to the release and other provisions of Article Ten.

Appears in 4 contracts

Samples: Indenture (Goodrich Petroleum Corp), First Supplemental Indenture (Goodrich Petroleum Corp), Indenture (Goodrich Petroleum Corp)

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Future Subsidiary Guarantors. The Company will cause any Restricted Subsidiary that is not already a Subsidiary Guarantor that Guarantees any Indebtedness of the Company or a Subsidiary Guarantor under a Credit Facility or that incurs any Indebtedness under the First Lien Credit Agreement, in each case, to execute and deliver to the Trustee Trustee, within 30 days of after such guarantee or incurrence Subsidiary Guarantees such Indebtedness a supplemental indenture (in substantially the form specified in Exhibit E C to this Indenture) pursuant to which such Subsidiary will unconditionally Guarantee, on a joint and several basis, the full and prompt payment of the principal of, premium, if any, and interest on the Notes on a senior basis. Any such Subsidiary Guarantee will be subject to the release and other provisions of Article TenEleven.

Appears in 4 contracts

Samples: Supplemental Indenture (SM Energy Co), Indenture (SM Energy Co), Indenture (SM Energy Co)

Future Subsidiary Guarantors. The Company will cause any Restricted Subsidiary that is not already a Subsidiary Guarantor that Guarantees any Indebtedness of the Company or a Subsidiary Guarantor under a Credit Facility or that incurs any Indebtedness under the First Lien Credit Agreement, in each case, to execute and deliver to the Trustee within 30 days of such guarantee or incurrence a supplemental indenture (in substantially the form specified in Exhibit E to this Indenture) pursuant to which such Subsidiary will unconditionally Guarantee, on a joint and several basis, the full and prompt payment of the principal of, premium, if any, and interest on the Notes on a senior basis. Any such Subsidiary Guarantee will be subject to the release and other provisions of Article TenThirteen.

Appears in 4 contracts

Samples: Indenture (Goodrich Petroleum Corp), Indenture (Goodrich Petroleum Corp), Intercreditor Agreement (Goodrich Petroleum Corp)

Future Subsidiary Guarantors. The Company will cause any Restricted Subsidiary that is not already a Subsidiary Guarantor that Guarantees any Indebtedness of the Company or a Subsidiary Guarantor under a Credit Facility or that incurs any Indebtedness under the First Lien Senior Secured Credit Agreement, in each case, to execute and deliver to the Trustee within 30 days of such guarantee or incurrence a supplemental indenture (in substantially the form specified in Exhibit Annex E to this Indenture) pursuant to which such Subsidiary will unconditionally Guarantee, on a joint and several basis, the full and prompt payment of the principal of, premium, if any, and interest on the Notes on a senior basis. Any such Subsidiary Guarantee will be subject to the release and other provisions of Article Ten.

Appears in 1 contract

Samples: Goodrich Petroleum Corp

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Future Subsidiary Guarantors. The Company will cause each Subsidiary of the Company that becomes a borrower under the Senior Credit Facilities or that guarantees, on the date hereof or at any Restricted Subsidiary that is not already a Subsidiary Guarantor that Guarantees time thereafter, Obligations under the Senior Credit Facilities or any other Indebtedness of the Company or a any Subsidiary Guarantor under a Credit Facility or that incurs any Indebtedness under the First Lien Credit Agreement, in each case, to execute and deliver to the Trustee within 30 days of such guarantee or incurrence a supplemental indenture (substantially in substantially the form specified in of Exhibit E to this Indenture) F hereto pursuant to which such Subsidiary will irrevocably and unconditionally Guaranteeguarantee, on a joint and several basis, for so long as such Subsidiary is a Subsidiary Guarantor, the full and prompt payment of the principal of, premium, if any, and interest on (including Additional Interest, if any) in respect of the Notes on a senior basis. Any such Subsidiary Guarantee will be subject basis and all other Obligations under this Indenture related to the release Notes and other provisions of Article Tenthe Trustee.

Appears in 1 contract

Samples: Third Supplemental Indenture (AV Homes, Inc.)

Future Subsidiary Guarantors. The After the Issue Date, the Company will will, within a reasonable time after the creation or acquisition thereof, cause any each Restricted Subsidiary that is not already other than a Foreign Subsidiary Guarantor that Guarantees any Indebtedness of or Receivables Entity created or acquired by the Company or a Subsidiary Guarantor under a Credit Facility one or that incurs any Indebtedness under the First Lien Credit Agreement, in each case, more of its Restricted Subsidiaries to execute and deliver to the Trustee within 30 days (i) a Subsidiary Guarantee, in the form of such guarantee or incurrence a supplemental indenture (substantially in substantially the form specified in of Exhibit E to this Indenture) C hereto, pursuant to which such Subsidiary Guarantor will unconditionally Guarantee, on a joint and several basis, the full and prompt payment of the principal of, premium, if any, and interest on the Notes Securities on a senior basis. Any such Subsidiary Guarantee will be subject basis and (ii) any additional Collateral Documents to the release and other provisions of Article Tenextent required by this Indenture or the Collateral Documents.

Appears in 1 contract

Samples: Indenture (Imco Recycling Inc)

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