Subsidiary Guaranty Agreements. Each Domestic Subsidiary (excluding any Securitization Entity, a Foreign Subsidiary Holding Company or a Restricted JV Subsidiary (so long as such Subsidiary entity is a Joint Venture)) of a Loan Party created or acquired subsequent to the Closing Date shall immediately execute and deliver to the Agent a Guaranty Agreement, along with such corporate governance and authorization documents as may be deemed reasonably necessary or advisable by the Agent; provided, however, that a Domestic Subsidiary shall not be required to execute such Guaranty Agreement so long as (i) the total assets (excluding all loans and advances made to such Subsidiary from a Loan Party or a Subsidiary of a Loan Party) of such Domestic Subsidiary are less than Fifty Million and 00/100 Dollars ($50,000,000.00), and (ii) the aggregate of the total assets (excluding all loans and advances made to such Subsidiary from a Loan Party or a Subsidiary of a Loan Party) of all such Domestic Subsidiaries with total asset values (excluding all loans and advances made to such Subsidiary from a Loan Party or a Subsidiary of a Loan Party) of less than Fifty Million and 00/100 Dollars ($50,000,000.00) does not exceed the aggregate amount of Two Hundred Million and 00/100 Dollars ($200,000,000.00). In the event that the total assets of any Subsidiary (excluding any Securitization Entity, a Foreign Subsidiary Holding Company or a Restricted JV Subsidiary (so long as such Subsidiary entity is a Joint Venture)) which is not a Domestic Subsidiary or a Guarantor are at any time equal to or greater than Fifty Million and 00/100 Dollars ($50,000,000.00), the US Borrower shall provide the Agent and the Banks with prompt written notice of such asset value.
Subsidiary Guaranty Agreements. The Company will cause each of its Subsidiaries and Special Entities to execute a Subsidiary Guaranty Agreement, except for such Subsidiaries and Special Entities that in the aggregate do not have assets at book value in excess of 15% of the total consolidated assets at book value of the Company. The Company shall have 30 days from the date of delivery of each Compliance Certificate to comply with this covenant. At the time that a Subsidiary or Special Entity executes and delivers a Subsidiary Guaranty Agreement to the Administrative Agent it shall also deliver to the Administrative Agent the following in form and substance acceptable to the Administrative Agent:
Subsidiary Guaranty Agreements. The Company covenants that if at any time any Subsidiary shall be subject to a Guaranty with respect to the Credit Agreement or any Domestic Subsidiary shall become a borrower under the Credit Agreement, then the Company will, at such time, cause (a) such Subsidiary to execute and deliver to the holders of the Notes a guarantee agreement, in form and substance satisfactory to the Required Holder(s) (a "GUARANTEE AGREEMENT"), under which such Subsidiary guaranties the due and punctual payment of the obligations of the Company under this Agreement and the Notes, together with resolutions of the board of directors of such Subsidiary authorizing the execution, delivery and performance of such Guarantee Agreement by such Subsidiary, certified by the Secretary or Assistant Secretary of such Subsidiary, certified copies of the articles of incorporation or by-laws of such Subsidiary, and an opinion of counsel, in form and substance satisfactory to the Required Holder(s), as to such matters with respect thereto as the Required Holder(s) may reasonably request, and (b) the Bank Lenders to execute and deliver to the holders of the Notes an intercreditor agreement between the Bank Lenders and the holders of the Notes relating to the pari passu sharing of any payments received from any such Subsidiary; provided, however, that the Company shall not be required to cause the documents described in clauses (a) and (b) of this Section 9.6 to be delivered so long as both (i) the only Subsidiary subject to a Guaranty with respect to the Credit Agreement is Xxxxxx Amplifier and no Domestic Subsidiary shall be a borrower under the Credit Agreement, and (2) Consolidated Tangible Assets of Xxxxxx Amplifier is less than $100,000,000. Nothing in this Section 9.6 shall be deemed a consent to Indebtedness not permitted under Section 10.1 of this Agreement.
Subsidiary Guaranty Agreements. The Agents shall have received executed counterparts of the Freepeak Limited Guarantee and Debenture, the Raven Hire Composite Guarantee and Debenture, the MSG Investments Guarantee and the UKLP Guarantee and Debenture, each dated as of the date hereof.
Subsidiary Guaranty Agreements the Subsidiary Guaranty Agreements to be executed by each of the Subsidiaries in favor of Lender pursuant to Sections 4.2 and 9.1(N) hereof, each to be in the form of Exhibit C-1 attached hereto, and any modifications or replacements of any of the foregoing. SUBSIDIARY SECURITY AGREEMENTS - the Subsidiary Security Agreements to be executed by each of the Subsidiaries in favor of Lender pursuant to Sections 4.2 and 9.1(N) hereof, each in the form of Exhibit D attached hereto, and any modifications or replacements of any of the foregoing. SUBSIDIARY STOCK PLEDGE AGREEMENT - the Stock Pledge Agreement which is to be executed by S C Holding in favor of Lender pursuant to Section 4.2 in the form of Exhibit E attached hereto and any modifications or replacements thereof, and such term shall include any additional Stock Pledge Agreements executed by any Subsidiary pursuant to Section 9.1(N) hereof. TERMINATION DATE - June 30, 2002, or any later date to which the Termination Date is extended by Lender in its discretion in writing. TRADEMARK SECURITY AGREEMENTS - the Trademark Security Agreements which are to be executed by certain of the Credit Parties pursuant to Section 4.2 and 9.1(N) hereof, each to be in the form of Exhibit N attached hereto, and any modifications or replacements of any of the foregoing. VOTING STOCK - Securities of any class or classes of a corporation the holders of which are ordinarily, in the absence of contingencies, entitled to elect a majority of the corporate directors (or Persons performing similar functions).
Subsidiary Guaranty Agreements. EEX will cause each of its Subsidiaries and Special Entities to execute a Subsidiary Guaranty Agreement, except for such Subsidiaries and Special Entities that in the aggregate do not have assets at book value in excess of 25% of the total consolidated assets at book value of EEX. EEX shall have 30 days from the date of delivery of each Compliance Certificate to comply with this covenant. At the time that a Subsidiary or Special Entity executes and delivers a Subsidiary Guaranty Agreement to the Placement Agent it shall also deliver to the Placement Agent the following in form and substance acceptable to the Placement Agent:
Subsidiary Guaranty Agreements. Each Domestic Subsidiary of a Loan Party created or acquired subsequent to the Closing Date shall immediately execute and deliver to the Agent a Guaranty Agreement, along with such corporate governance and authorization documents as may be deemed reasonably necessary or advisable by the Agent and the Banks; provided, however, that a Domestic Subsidiary shall not be required to execute such Guaranty Agreement so long as (i) the total assets of such Domestic Subsidiary are less than Ten Million and 00/100 Dollars ($10,000,000.00), and (ii) the aggregate of the total assets of all such Domestic Subsidiaries with total asset values of less than Ten Million and 00/100 Dollars ($10,000,000.00) does not exceed the aggregate amount of Thirty Million and 00/100 Dollars ($30,000,000.00). In the event that the total assets of any Subsidiary which is not a Domestic Subsidiary or a Guarantor are at any time 45 equal to or greater than Twenty Million and 00/100 Dollars ($20,000,000.00), the Borrower shall provide the Agent and the Banks with prompt written notice of such asset value.
Subsidiary Guaranty Agreements. 47 5.16 Anti-Terrorism Laws. 48
Subsidiary Guaranty Agreements. Each of Xxxxxxx LLC and Folgers shall have executed and delivered to the Purchasers a guaranty agreement, substantially in the form of Exhibit 4.10.
Subsidiary Guaranty Agreements. As additional security for the due and punctual payment and performance of the terms and provisions of this Credit Agreement, the Revolving Credit Note and each of the terms, covenants, representations, warranties and provisions herein contained and contained in each of the Loan Documents, on or before the Closing Date each of the Subsidiary Guarantors shall execute a Subsidiary Guaranty, a copy of the form of which is marked "Exhibit H", affixed hereto and by this reference incorporated herein and made a part hereof.
