Additional Guarantors definition
Examples of Additional Guarantors in a sentence
Each Lender hereby notifies the Borrower that pursuant to the requirements of the Patriot Act, it is required to obtain, verify and record information that identifies the Credit Parties and the Specified Additional Guarantors, which information includes the name and address of the Credit Parties and the Specified Additional Guarantors and other information that will allow such Lender to identify the Credit Parties and the Specified Additional Guarantors in accordance with the Patriot Act.
The Borrower shall not have any Subsidiaries, other than Administración de Líneas Eléctricas, S.A de C.V., which, for certainty shall not be required to become Additional Guarantors so long as such Subsidiaries hold no material property, assets or rights, whether related to the Project or otherwise, and the Obligors continue to pursue in good faith appropriate proceedings to wind-up and dissolve such Subsidiaries.