Examples of Borrower Subsidiary Guarantor in a sentence
If requested by Administrative Agent, collateral assignments executed by Borrower, Subsidiary Guarantor or any other Loan Party in favor of Administrative Agent of all reciprocal easement agreements, architectural, and construction related contracts, permits and licenses relating to the development, construction, use, occupancy, operation, maintenance, enjoyment or ownership of such Property.
If requested by Administrative Agent, collateral assignments executed by Borrower, Subsidiary Guarantor or any other Loan Party in favor of Administrative Agent of all reciprocal easement agreements, architectural and construction related contracts, permits and licenses relating to the development, construction, use, occupancy, operation, maintenance, enjoyment or ownership of such Property.
Borrower, Subsidiary Guarantor, and Administrative Agent have executed that certain Credit Agreement dated as of September 1, 2005, as amended by the First Amendment to Credit Agreement (the “First Amendment”) dated as of June 30, 2006 and further amended by the Second Amendment to Credit Agreement (the “Second Amendment”) dated as of August 30, 2008 (as so amended, the “Credit Agreement”).
Parent and the Borrower shall, and shall cause each applicable Borrower Subsidiary Guarantor to, use commercially reasonable efforts to obtain the consent of Petróleo Brasileiro S.A. – Petrobras to the Earnings Assignments in respect of the Ocean Rig Mykonos and the Ocean Rig Corcovado within six (6) months of the Effective Date (or such later date as may be permitted by the Administrative Agent in its sole discretion).
No Agent-Related Person shall be under any obligation to any Lender to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or any other Loan Document, or to inspect the properties, books or records of Borrower, Subsidiary Guarantor, or any of their Affiliates.
Prior to the consummation of a Qualified MLP IPO, ParentUDW will not directly own, and will not permit any Restricted Subsidiary that is not the Borrower or a Borrower Subsidiary Guarantor to directly own, a Collateral Vessel.
If requested by the Administrative Agent, collateral assignments executed by the Borrower, Subsidiary Guarantor or any other Loan Party in favor of the Administrative Agent of all reciprocal easement agreements, architectural, and construction related contracts, permits and licenses relating to the development, construction, use, occupancy, operation, maintenance, enjoyment or ownership of such Property.
Each of the Parent, the Borrower and each Borrower Subsidiary Guarantor that is incorporated under the laws of the Republic of the Mxxxxxxx Islands is a "non-resident corporation" under the laws of the Republic of the Mxxxxxxx Islands, as such term is utilized in The Business Corporations Act and the Secured Transactions Act of 2007.
The proceeds of the Loan shall not be used by Borrower, Subsidiary Guarantor or any Subsidiary SPE for any other purpose without the prior consent of Administrative Agent, which consent may be conditioned upon the amendment of this Agreement and the other Loan Documents in a manner reasonably required by Administrative Agent.
Borrower will not, and will not permit any Subsidiary to (a) declare or pay any dividend, purchase, redeem or otherwise acquire for value any of its Stock now or hereafter outstanding, (b) return any capital to its stockholders or interest holders, as applicable or (c) make any distribution of its assets to any Borrower, Subsidiary, Guarantor or its stockholders or interest holders, as applicable.