Borrower Guarantor definition

Borrower Guarantor means any Borrower with respect to the Obligations owing to the Lender by the other Borrowers.

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Borrower Guarantor is defined in clause (a) of Section 10.1.

Borrower Guarantor means Fort ▇▇▇▇▇ Corp., Fort ▇▇▇▇▇ Operating and each other Subsidiary of the Parent Guarantor that is a party to the Guaranty (either by execution and delivery of the Guaranty or by execution and delivery of an Accession Agreement (as defined in the Guaranty)) and its successors and permitted assigns.

Examples of Borrower Guarantor in a sentence

• The insolvency, bankruptcy, arrangement, adjustment, composition, liquidation, disability, dissolution or lack of power of Borrower, Guarantor or any other party at any time liable for the payment of all or part of the Guaranteed Obligations; or any dissolution of Borrower or Guarantor, or any sale, lease or transfer of any or all of the assets of Borrower or Guarantor, or any changes in the shareholders, partners or members of Borrower or Guarantor; or any reorganization of Borrower or Guarantor.

• Obligor: each Borrower, Guarantor, or other Person that is liable for payment of any Obligations or that has granted a Lien in favor of Agent on its assets to secure any Obligations.

• Such lender’s loss payable endorsements shall specify that the proceeds of such insurance shall be payable to Agent as its interests may appear and further specify that Agent and Lenders shall be paid regardless of any act or omission by any Borrower, Guarantor or any of its or their Affiliates.

• In connection therewith, Bank may disclose all documents and information which Bank now has or hereafter acquires relating to Guarantor and/or this Guaranty, whether furnished by Borrower, Guarantor or otherwise.

• Obligor: each Borrower, Guarantor or other Person that is liable for payment of any Obligations or that has granted a Lien on its assets in favor of Agent to secure any Obligations.

• Unless the Collateral threatens to decline speedily in value or is of a type customarily sold on a recognized market, Lender will give Borrower, Guarantor and other persons as required by law, reasonable notice of the time and place of any public sale, or the time after which any private sale or any other disposition of the Collateral is to be made.

• Any adjustment, indulgence, forbearance, waiver, consent or compromise that Lender might extend, grant or give to Borrower, Guarantor or any other Person with respect to any provision of this Guaranty or any of the other Loan Documents.

• The insolvency, bankruptcy, arrangement, adjustment, composition, liquidation, disability, dissolution or lack of power of Borrower, Guarantor or any other party at any time liable for the payment of all or part of the Guaranteed Obligations; or any dissolution of Borrower or Guarantor or any sale, lease or transfer of any or all of the assets of Borrower or Guarantor or any changes in the shareholders, partners or members of Borrower or Guarantor; or any reorganization of Borrower or Guarantor.

• None of the Lenders nor the Administrative Agent nor any Person acting for or on behalf of the Lenders or the Administrative Agent shall have any obligation to marshal any assets in favor of any Borrower Guarantor or against or in payment of any or all of the Guaranteed Obligations.

• Each Borrower and Guarantor shall, and shall cause any Subsidiary to, keep proper books and records in which true and complete entries shall be made of all dealings or transactions of or in relation to the Collateral and the business of such Borrower, Guarantor and its Subsidiaries in accordance with GAAP.

More Definitions of Borrower Guarantor

Borrower Guarantor means (a) with respect to the US Borrower Guaranteed Obligations, the US Borrower, (b) with respect to the Canadian Borrower Guaranteed Obligations, the Canadian Borrower, and (c) with respect to the Dutch Borrower Guaranteed Obligations, the Dutch Borrower.

Borrower Guarantor means any Borrower with respect to the Obligations owing to the Lenders by the other Borrowers.

Borrower Guarantor set forth in Section 1.1 of the Credit Agreement is hereby deleted.

Borrower Guarantor shall have the meaning set forth in Section 11.25.

Borrower Guarantor means each Borrower which is a US Subsidiary.