Asset Guard definition
Examples of Asset Guard in a sentence
However, Asset Guard and StrataGen have guaranteed the Prepetition Debt.
In addition, Reorganized Carbo will retain (i) 100% of the equity interests in the reorganized Asset Guard entity (the “Reorganized Asset Guard Interests”) and (ii) 100% of the equity interests in the reorganized StrataGen entity (the “Reorganized StrataGen Interests”), such interests in each case to be issued and outstanding pursuant to the Plan on the Effective Date.
For the avoidance of doubt, the Company does not believe the Supporting Lenders have liens on the equipment, facilities, and related assets (other than accounts receivable and inventory) of Asset Guard and StrataGen, the Company’s intellectual property, and certain other real estate and equipment located thereon,2 the liens on those assets having been released in connection with the execution and delivery of the Credit Agreement in 2017.