Common use of Future Subsidiary Note Guarantees Clause in Contracts

Future Subsidiary Note Guarantees. If the Company or any Restricted Subsidiary acquires, creates or becomes a Material Domestic Subsidiary on or after the Issue Date, then that newly acquired or created Material Domestic Subsidiary must become a Guarantor and (a) execute a supplemental indenture substantially in the form of Exhibit E hereto, (b) execute supplements to the applicable Security Documents in order to xxxxx x Xxxx in the Collateral owned by such entity to the same extent as that set forth in this Indenture and the Security Documents and (c) take all actions required by the Security Documents to perfect such Lien.

Future Subsidiary Note Guarantees. If the Company or any Restricted Subsidiary acquires, creates or becomes a Material Domestic Subsidiary on or after the Issue Date, then that newly acquired or created Material Domestic Subsidiary must become a Guarantor and (a) execute a supplemental indenture substantially in the form of Exhibit E hereto, (b) execute supplements to the applicable Security Documents in order to xxxxx x Xxxx in the Collateral owned by such entity to the same extent as that set forth in this Indenture and the Security Documents and (c) take all actions required by the Security Documents to perfect such LienLien on a first-priority basis.