Examples of Guarantor of Payment in a sentence
No later than ninety (90) days after the Closing Date, the Borrowers shall deliver to the Administrative Agent an executed Control Agreement, in form and substance satisfactory to the Administrative Agent, for each Deposit Account and each Securities Account maintained by a Borrower or Guarantor of Payment.
THE ADMINISTRATIVE AGENT 111115 Section 10.1. Appointment and Authorization 111115 Section 10.2. Note Holders 112116 Section 10.3. Consultation With Counsel 112116 Section 10.4. Documents 113116 Section 10.5. Administrative Agent and Affiliates 113116 Section 10.6. Knowledge or Notice of Default 113116 Section 10.7. Action by Administrative Agent 113117 Section 10.8. Release of Collateral or Guarantor of Payment 114117 Section 10.9. Delegation of Duties 114117 Section 10.10.
All employer or employee payments, contributions or premiums required to be remitted, paid to or in respect of each Foreign Pension Plan or Foreign Benefit Plan shall be paid or remitted by the Administrative Borrower and each Foreign Guarantor of Payment in a timely fashion in accordance with the terms thereof, any funding agreements and all applicable Laws.
Concurrently with each such request, the Borrowers, and any Domestic Guarantor of Payment for whose account the Letter of Credit is to be issued, shall execute and deliver to the Issuing Lender an appropriate application and agreement, being in the standard form of the Issuing Lender for such letters of credit, as amended to conform to the provisions of this Agreement if required by the Administrative Agent.
No Domestic Subsidiary of a Borrower shall be or become a primary obligor or Guarantor of the Indebtedness incurred pursuant to any Material Indebtedness Agreement unless such Domestic Subsidiary of a Borrower shall also be a Guarantor of Payment under this Agreement prior to or concurrently therewith.