Entity Guarantors definition
Examples of Entity Guarantors in a sentence
The Obligations, and any of them, shall conclusively be deemed to have been created, contracted or incurred, or renewed, extended, amended or waived, in reliance upon this Article VI and all dealings between Borrower and any of the Entity Guarantors, on the one hand, and the Secured Parties, on the other hand, likewise shall be conclusively presumed to have been had or consummated in reliance upon this Article VI.
Except for the Florida Entities, Borrower and all Entity Guarantors shall maintain with Lender each of their primary operating and store deposit accounts, so long as Lender has a branch within five (5) miles of such store, and at the option of Lender, shall enter into agreements permitting the Lender to deposit all advances made hereunder and debit all fees, charges and expenses in respect of the Obligations.
For the purposes of this Exhibit, the term “Obligors” shall include the Issuer, the Company, the Restricted Entity Guarantors and the Security Providers.
The execution and performance by the Issuer, the Company, the Restricted Entity Guarantors, and the Security Providers of their respective obligations under this Amendment will not impair the validity of the obligations of the Company under the Parent Guarantee or the validity of the obligations of the Restricted Entity Guarantors under the Restricted Entity Guarantee Agreements to which each is a party.
The execution and performance by the Issuer, the Company, the Restricted Entity Guarantors, and the Security Providers of their respective obligations under this Amendment will not impair the validity of the obligations of the Security Providers under the various Security Documents to which they are parties.