CCO Guarantee definition
CCO Guarantee means, in relation to a CCO Issuer, a guarantee and indemnity made by one or more CCO Shareholders (subject to any applicable laws) in favour of (amongst others) the Holder in respect of the indebtedness of that CCO Issuer.
Examples of CCO Guarantee in a sentence
In the case of Holdings, make any Investment in the Borrower other than in the form of a capital contribution, a loan so long as such loan is evidenced by a note and pledged to the Administrative Agent pursuant to the CCO Guarantee and Collateral Agreement or a Guarantee Obligation in respect of any obligation of the Borrower.
The CCO Guarantee and Collateral Agreement shall have been executed and delivered by Holdings, the Borrower and the Subsidiary Guarantors.