Common use of Note Guarantees Clause in Contracts

Note Guarantees. Subject to Section 10.04 of the Base Indenture, the Notes of this Series shall be guaranteed (i) initially by Parent and any Wholly-Owned Subsidiary of the Issuer that (x) is not an Excluded Subsidiary and (y) is an obligor under the Credit Agreement and (ii) by any future direct or indirect Subsidiary of Parent that is not a Subsidiary of the Issuer or any other Guarantor that directly or indirectly owns Capital Stock of the Issuer.

Appears in 32 contracts

Sources: Supplemental Indenture (T-Mobile US, Inc.), Supplemental Indenture (T-Mobile US, Inc.), Supplemental Indenture (T-Mobile US, Inc.)