New Guarantors. In the event any Subsidiary organized under the laws of the United States of America or any State thereof is formed or acquired after the date hereof, such Subsidiary shall, on the date of its formation or acquisition, guarantee the Obligations and shall execute and deliver to the Agent a joinder to the Guaranty in form and substance satisfactory to the Agent.
Appears in 2 contracts
Samples: Revolving Credit and Term Loan Agreement (Mapics Inc), Revolving Credit and Term Loan Agreement (Marcam Corp)
New Guarantors. In the event any Subsidiary organized under the laws -------------- of the United States of America or any State thereof is formed or acquired after the date hereof, such Subsidiary shall, on the date of its formation or acquisition, guarantee the Obligations and shall execute and deliver to the Agent a joinder to the Guaranty in form and substance satisfactory to the Agent.
Appears in 2 contracts
Samples: Revolving Credit (Mapics Inc), Revolving Credit and Term Loan Agreement (Mapics Inc)
New Guarantors. In the event any Subsidiary organized under the laws of the United States of America or any State thereof is formed or acquired after the date hereof, such Subsidiary shall, on the date of its formation or acquisition, guarantee the Obligations become a guarantor hereunder and shall execute executed and deliver to the Agent a joinder to the Guaranty guaranty in form and substance satisfactory to the Agent.
Appears in 1 contract
Samples: Revolving Credit and Term Loan Agreement (Dynatech Corp)
