Common use of Guaranties Relating to Other Debt Clause in Contracts

Guaranties Relating to Other Debt. If any Non-Guarantor Subsidiary shall give a guaranty or become obligated under Support Obligations relating to any Indebtedness, the Borrower Representative will (A) promptly notify the Administrative Agent and each Bank thereof and (B) within 45 days thereafter, cause one or more of the Non-Guarantor Subsidiaries to become a “Guarantor” hereunder by way of execution of a Joinder Agreement.

Appears in 3 contracts

Samples: Credit Agreement (Owens & Minor Inc/Va/), Credit Agreement (Owens & Minor Inc/Va/), Credit Agreement (Owens & Minor Inc/Va/)

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Guaranties Relating to Other Debt. If any Non-Guarantor Subsidiary (other than a Foreign Subsidiary Holding Company) shall give a guaranty or become obligated under Support Obligations relating to any IndebtednessIndebtedness in excess of $25,000,000, the Borrower Representative will (A) promptly notify the Administrative Agent and each Bank Lender thereof and (B) within 45 forty-five (45) days thereafter, cause one or more of the Non-Guarantor Subsidiaries to become a “Guarantor” hereunder by way of execution of a Joinder AgreementAgreement and to otherwise comply with clause (a) hereof.

Appears in 2 contracts

Samples: Credit Agreement (Cree Inc), Credit Agreement (Cree, Inc.)

Guaranties Relating to Other Debt. If any Non-Guarantor --------------------------------- Subsidiary shall give a guaranty or become obligated under Support Obligations relating to any IndebtednessIndebtedness (including, without limitation, the Senior Subordinated Notes), the Borrower Representative will (A) promptly notify the Administrative Agent and each Bank thereof and (B) within 45 days thereafter, cause one or more of the Non-Guarantor Subsidiaries to become a "Guarantor" hereunder by way of execution of a Joinder Agreement.

Appears in 1 contract

Samples: Credit Agreement (Owens & Minor Inc/Va/)

Guaranties Relating to Other Debt. If any Non-Guarantor Subsidiary shall give a guaranty or become obligated under Support Obligations relating to any IndebtednessIndebtedness (including, without limitation, the Senior Subordinated Notes), the Borrower Representative will (A) promptly notify the Administrative Agent and each Bank thereof and (B) within 45 days thereafter, cause one or more of the Non-Guarantor Subsidiaries to become a “Guarantor” hereunder by way of execution of a Joinder Agreement.

Appears in 1 contract

Samples: Credit Agreement (Owens & Minor Inc/Va/)

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Guaranties Relating to Other Debt. If any Non-Guarantor Subsidiary (other than a Foreign Subsidiary Holding Company) shall give a guaranty or become obligated under Support Obligations relating to any IndebtednessIndebtedness in excess of $25,000,000, the Borrower Representative will (A) promptly notify the Administrative Agent and each Bank Lender thereof and (B) within 45 forty-five (45) days thereafter, cause one or more of the Non-Guarantor Subsidiaries to become a “Guarantor” hereunder by way of execution of a Joinder Agreement.

Appears in 1 contract

Samples: Credit Agreement (Cree Inc)

Guaranties Relating to Other Debt. If any Non-Guarantor Subsidiary --------------------------------- shall give a guaranty or become obligated under Support Obligations relating to any IndebtednessIndebtedness (including, without limitation, the Senior Subordinated Notes), the Borrower Representative will (A) promptly notify the Administrative Agent and each Bank thereof and (B) within 45 days thereafter, cause one or more of the Non-Guarantor Subsidiaries to become a "Guarantor" hereunder by way of execution of a Joinder Agreement.

Appears in 1 contract

Samples: Credit Agreement (Owens & Minor Inc/Va/)

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