Guarantor Subsidiaries definition

Guarantor Subsidiaries has the meaning set forth in the Recitals to this Agreement.

Guarantor Subsidiaries means collectively Sanderson Farms, Inc. (Foods Division), Sanderson Farms, Inc. (Production Division), Sanderson Farms, Inc. (Processing Division) and any Material Subsidiary which has complied with Section 7.8 hereof, so long as each such corporation is a party to the Subsidiary Guaranty, and “Guarantor Subsidiary” shall mean any of the Guarantor Subsidiaries.

Guarantor Subsidiaries has the meaning set forth in the recitals hereto.

Examples of Guarantor Subsidiaries in a sentence

• The Borrower will use the proceeds of the Advances only (i) for the Closing Date Capital Contributions, (ii) to acquire Loans, (iii) to make distributions to its member in accordance with the terms hereof, (iv) to pay related expenses (including expenses payable hereunder) or (v) for Permitted Capital Contributions to the Guarantor Subsidiaries for the payment of such expenses.

• The Guarantor Subsidiaries largely own the assets, other than the ORRI Interests, that we use to operate our business.

• As a general rule, the assets and credit of our unrestricted subsidiaries are not available to satisfy the debts of Genesis Energy, L.P., Genesis Energy Finance Corporation or the Guarantor Subsidiaries, and the liabilities of our unrestricted subsidiaries do not constitute obligations of Genesis Energy, L.P., Genesis Energy Finance Corporation or the Guarantor Subsidiaries.

• The Guarantor Subsidiaries hereby further unconditionally and irrevocably agree that if the Borrower shall fail to pay in full when due any of the Guaranteed Amounts, promptly upon demand from the Administrative Agent, the Guarantor Subsidiaries will pay the same without (to the fullest extent permitted by applicable law) any other demand or notice whatsoever.

• The Guarantor Subsidiaries hereby, unconditionally and irrevocably, guarantee to the Administrative Agent for the benefit of each Lender and other Secured Party, the prompt and complete payment by the Borrower when due of all Obligations (such amounts, the “Guaranteed Amounts”).

More Definitions of Guarantor Subsidiaries

Guarantor Subsidiaries means, collectively, Bristow Helicopters Inc., BHNA Holdings, Inc., Bristow U.S. Leasing LLC, Bristow Alaska Inc. and Bristow U.S. LLC.

Guarantor Subsidiaries means each Subsidiary of the Company that has or may from time to time hereafter execute and deliver any ABL Loan Document and/or Fixed Asset Loan Document as a “guarantor” (or the equivalent thereof).

Guarantor Subsidiaries means, collectively, all Material Subsidiaries, provided, however, in the event that all the Material Subsidiaries on a consolidated basis do not have total assets (including equity interests in other Subsidiaries and excluding investments that are eliminated in consolidation) which, in the aggregate and together with the total assets of WFS, represent ninety percent (90%) or more of the total assets of WFS and its Subsidiaries on a consolidated basis, as of the end of the most recently completed Fiscal Year (the “90% Threshold”), then the Borrowing Agent shall identify Domestic Subsidiaries to be additional Guarantor Subsidiaries until the 90% Threshold is satisfied collectively by all Guarantor Subsidiaries, and in the event the addition of all Domestic Subsidiaries does not result in satisfaction of the 90% Threshold by such then designated Guarantor Subsidiaries, the Borrowing Agent shall also identify Foreign Subsidiaries to be additional Guarantor Subsidiaries until the 90% Threshold is satisfied collectively by all Guarantor Subsidiaries. Once a Domestic Subsidiary or a Foreign Subsidiary becomes a Guarantor Subsidiary, it shall continue to constitute a Guarantor Subsidiary throughout the term of this Agreement.

Guarantor Subsidiaries means, collectively, (a) the Restricted Subsidiaries party to this Agreement on the Closing Date and (b) each Restricted Subsidiary that becomes a party to this Agreement after the Closing Date pursuant to Section 6.16, provided that any Restricted Subsidiary that is designated as an Unrestricted Subsidiary in accordance with the Credit Agreement shall cease to be a Guarantor Subsidiary subject to and in accordance with the provisions of Section 9.8(d)(ii) of the Credit Agreement.

Guarantor Subsidiaries means initially Camden USA, Camden Operating L.P., Camden Realty, Inc. and each Consolidated Subsidiary of Borrower that becomes a Guarantor Subsidiary after the date hereof pursuant to Section 5.3 (including Camden Summit Partnership L.P.) or otherwise, and their respective successors and assigns.

Guarantor Subsidiaries means those Subsidiaries that from time to time execute and deliver guaranties of the Obligations under subsection 3.01(g) hereof, and "Guarantor Subsidiary" means any such Person.

Guarantor Subsidiaries means each of Clean Harbors Environmental Services, Inc., Clean Harbors of Natick, Inc., Clean Harbors of Braintree, Inc., Clean Harbors of Chicago, Inc., Clean Harbors of Cleveland, Inc., Clean Harbors of Baltimore, Inc., Clean Harbors of Connecticut, Inc., Clean Harbors Kingston Facility Corporation, Murphy's Waste Oil Service, Inc., Clean Harbors Technology Corporation, Mr. Frank, Inc., and Spring Grove Resource Recovery, Inc. and (ii) any other Subsidiary of the Company that executes a Subsidiary Guarantee in accordance with the provisions of the Note Indenture, and their respective successors and assigns.