Corporate Guarantors definition

Corporate Guarantors means, together, the Aegean Marine Guarantor and the Aegean Shipholdings Guarantor and "Corporate Guarantor" means either of them;

Corporate Guarantors means each of White River Holdings Corp, a Delaware corporation, White River E&P Management 1 LLC, a Texas limited liability company, White River Energy LLC, a Texas limited liability company, White River E&P LLC, a Texas limited liability company, White River SPV 2 LLC, a Texas limited liability company, White River SPV 3 LLC, a Texas limited liability company, and White River Operating LLC, a Texas limited liability company.

Corporate Guarantors shall have the meaning given to such term in the preamble hereof.

Examples of Corporate Guarantors in a sentence

• However, once for same set of claim application under Section 7 filed by the Financial Creditor is admitted against one of the Corporate Debtor (Principal Borrower or Corporate Guarantor(s)), second application by the same Financial Creditor for same set of claim and default cannot be admitted against the other Corporate Debtor (the Corporate Guarantor(s) or the Principal Borrower).

• Once for same claim the CIRP is initiated against one of the Corporate Debtor after such initiation, the Financial Creditor cannot trigger CIRP against the other Corporate Debtor(s), for the same claim amount (debt).There is no bar in the Code for filing simultaneously two applications under Section 7 against the Principal Borrower as well as the Corporate Guarantor(s) or against both the Guarantors.

• Two Members’ bench of the NCLAT in the Pirmal case held that:It is not necessary to initiate CIRP against the Principal Borrower before initiating CIRP against the Corporate Guarantors.

• Ramakrishna.Considering the issues which were before the NCLAT when matter of Piramal was decided, it is clear that the Issue No.2 was relating to question whether CIRP can be initiated against two Corporate Guarantors simultaneously for same set of debt and default.

• Further, though there is a provision to file joint application under Section 7 by the Financial Creditors, no application can be filed by the Financial Creditor against two or more Corporate Debtors on the ground of joint liability (Principal Borrower and one Corporate Guarantor, or Principal Borrower or two Corporate Guarantors or one Corporate Guarantor and other Corporate Guarantor), till it is shown that the Corporate Debtors combinedly are joint venture company.

More Definitions of Corporate Guarantors

Corporate Guarantors means Diversified Restaurant Holdings. Inc., AMC Wings, Inc., AMC Petoskey, Inc., TMA Enterprises of Ferndale, LLC, AMC Grand Blanc, Inc., Flyer Enterprises, Inc. and AMC Group, Inc.

Corporate Guarantors means, together, the Aegean Bunkering Guarantor, the Aegean Marine Guarantor and the Aegean Shipholdings Guarantor and "Corporate Guarantor" means any of them;

Corporate Guarantors means the collective reference to (i) Technology Applications & Service Company, a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware, having its principal office located at 200 Xxxxxxxxxxxx Xxxxx, Xxxxxxxxxxxx, Xxxxxxxx 00000; (ii) Photronics Corp., a corporation duly organized, validly existing and in good standing under the laws of the State of New York, having its principal office located at 200 Xxxxx Xxxxxxx, Xxxxxxxxx, Xxx Xxxx 00000; (iii) Precision Echo, Inc., a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware, having its principal office located at 3000 Xxxxxxx Xxxxx Drive, Santa Clara, California 95054; (iv) Ahead Technology Inc., a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware, having its principal office located at 6000 Xxx Xxx Xxx, Xxx Xxxx, Xxxxxxxxxx 00000; (v) OMI Acquisition Corp., (also doing business as OMI Corp.), a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware, having its principal office located at 200 Xxxxx Xxxxxxx, Xxxxxxxxx, Xxx Xxxx 00000; (vi) DRS Systems Management Corporation, a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware, having its principal office located at 100 Xxxxx Xxxxx, Oakland, New Jersey 07436; (vii) Ahead Technology Acquisition Corporation, a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware, having its principal office located at 3000 Xxxxxxx Xxxxx Drive, Santa Clara, California 95054; (viii) DRS/MS, Inc., a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware, having its principal office located at 100 Xxxxx Xxxxx, Oakland, New Jersey 07436 and (ix) any new or additional Subsidiaries of the Borrower which are purchased, acquired or created during the term of the Revolving Credit Facility. Each of the Corporate Guarantors may sometimes be hereinafter referred to individually as a "Corporate Guarantor".

Corporate Guarantors means each of, or all of, as the context requires, those Corporate Guarantors, if any, set forth on Schedule 1.01.

Corporate Guarantors have the meanings assigned to such terms in the preamble to this Agreement.

Corporate Guarantors means all Subsidiaries of the Borrower or of any other Loan Party now or hereafter existing and each other Person that executes and delivers to the Lender a Loan Party Guarantee of the Obligations and "Corporate Guarantor" means any one of them. As of the Closing Date, the Corporate Guarantors are: Integra Holdings Canada, Integra Holdings US, and XxXxxxx.

Corporate Guarantors means, collectively, each Person listed on Schedule IV hereto and each Person who, from time to time, is required to execute a Corporate Guaranty in accordance with Section 5.01(b) or Section 6.10; provided such Person's status as a Corporate Guarantor shall be effective as of the date of such execution.