Guarantor definition
Examples of Guarantor in a sentence
The Borrower shall, and shall cause each Guarantor to, promptly following a request by the Administrative Agent or any Lender or L/C Issuer, provide all documentation and other information that the Administrative Agent or such Lender or L/C Issuer requests in order to comply with its ongoing obligations under applicable “know your customer” and anti-money laundering rules and regulations, including the Act and the Beneficial Ownership Regulation.
As security for the obligations of Party B vis-à-vis Party A, on the same date, the Parties entered into an account pledge agreement governed by Luxembourg law (the "Pledge Agreement") and a cash collateral agreement (the "Cash Collateral Agreement"), and the Guarantor (as defined in the Master Agreement) issued to the benefit of Party A two first demand guarantees (garanties autonomes à première demande) (the "Initial Guarantees", each an "Initial Guarantee").
Upon request by the Administrative Agent at any time, the Required Lenders will confirm in writing the Administrative Agent’s authority to release or subordinate its interest in particular types or items of Collateral, or to release any Guarantor from its Guarantee of the Obligations under the Guarantee and Collateral Agreement pursuant to this Section 9.10.
All notices and communications provided for hereunder shall be in writing and sent as provided in Section 19 of the Note Purchase Agreement (i) if to any holder, to the address (whether electronic or physical) specified for such holder in the Note Purchase Agreement and (ii) if to any Guarantor, to the address for such Guarantor set forth in Section 19 of the Note Purchase Agreement.
The terms and provisions of this Amendment are for the purpose of defining the relative rights and obligations of the Company, the Parent Guarantor and the Noteholders with respect to the transactions contemplated hereby and there shall be no third-party beneficiaries of any of the terms and provisions of this Amendment.