Guarantor Debtor definition
Examples of Guarantor Debtor in a sentence
Upon request by the Collateral Agent or the Purchase Money Notes Guarantor, Debtor, at the sole cost and expense of the Collateral Agent or the Purchase Money Notes Guarantor, as the case might be, promptly shall send copies (the number of copies of which shall be reasonable) of such books and records to the Collateral Agent or the Purchase Money Notes Guarantor.
To the extent the holder of an Allowed Guarantee Claim (other than Senior Note Claims) receives a Plan Distribution from a Guarantor Debtor and/or its Estate, and except as provided below, such Guarantor Debtor shall be subrogated to the rights of the holder of such Allowed Guarantee Claim to collect and receive a Plan Distribution on account of such Claim from the Obligor Debtor and/or its Estate under the Plan.
Each of the Guarantors agrees to promptly furnish to Secured Party such information concerning such Guarantor, Debtor, the Collateral and any Account Debtor as Secured Party may reasonably request.
The Guarantor agrees that any litigation between or among the Guarantor, Debtor and Lender shall be referred by a court of competent jurisdiction sitting without a jury.
All of the foregoing representations and warranties made by Debtor with respect to itself also apply in full (as fully as if repeated herein), to the extent applicable, to each other member of the Debtor Group; it being represented and warranted by Debtor that the Debtor Group consists of Guarantor, Debtor, New Pier Operating Company, Inc.
The Guarantor waives notice of acceptance of this guarantee; notice that any Indebtedness has been incurred; presentment, demand, protest, notice of dishonor of any note or Indebtedness; or notice to the Guarantor, Debtor, or any other person, of Debtor's default.
If Debtor shall at any time hold or acquire any certificated securities in any Guarantor, Debtor shall forthwith endorse, assign and deliver the same to Secured Party, accompanied by such instruments of transfer or assignment duly executed in blank as Secured Party may from time to time specify.
The provisions of this Guaranty shall bind and benefit the heirs, legal representative, successors and assigns of Guarantor, Debtor and Secured Party.
This Guaranty and Guarantor's obligations hereunder shall not be modified, terminated, impaired or in any way affected by the execution, delivery or performance by Guarantor, Debtor or any other person of any other guaranty, indorsement or other agreement or the delivery of collateral therefor.
This paragraph will control all agreements between each Guarantor, Debtor and Lender.