Guarantor Subsidiary definition

Guarantor Subsidiary means each Guarantor other than Holdings.
Guarantor Subsidiary means each Guarantor that is a Subsidiary.
Guarantor Subsidiary means each Guarantor.

Examples of Guarantor Subsidiary in a sentence

  • No Credit Party’s rights or obligations hereunder nor any interest therein may be assigned or delegated by any Credit Party (except, with respect to any Credit Party other than Holdings or the Borrower, as permitted by Section 6.8(a) or in connection with a merger of such Credit Party to effect a Permitted Acquisition that results in the surviving entity becoming a Guarantor Subsidiary), without the prior written consent of all Lenders.


More Definitions of Guarantor Subsidiary

Guarantor Subsidiary means each Restricted Subsidiary that is a party hereto as a “Guarantor Subsidiary” and a party to the Pledge and Security Agreement as a “Grantor” thereunder, including any Discretionary Guarantor (it being understood, for the avoidance of doubt, that no Subsidiary that is excluded from being a Designated Subsidiary shall be required to be a Guarantor Subsidiary).
Guarantor Subsidiary means each Guarantor other than Parent.
Guarantor Subsidiary means a corporation or other business entity of which equity interests having a majority of the voting power under ordinary circumstances is owned, directly or indirectly, by the Parent Guarantor or by one of more subsidiaries of the Parent Guarantor, or by the Parent Guarantor and one or more subsidiaries of the Parent Guarantor.
Guarantor Subsidiary means (a) any Domestic Subsidiary which is a Significant Subsidiary, other than any Financial Subsidiary and (b) any other Domestic Subsidiary, other than any Financial Subsidiary, that is designated in writing by Borrower as a Guarantor Subsidiary.
Guarantor Subsidiary means each Subsidiary of Holdings, other than (i) any Excluded Tax Subsidiary, (ii) any Immaterial Subsidiary, (iii) any Subsidiary acquired after the Closing Date that is prohibited by applicable Law or by any Contractual Obligation existing at the time of such acquisition thereof from guaranteeing the Obligations (but only so long as such prohibition exists), or which would require governmental (including regulatory) consent, approval, license or authorization to provide a Guaranty and such consent, approval, license or authorization not has been received after such Subsidiary’s commercially reasonable efforts to obtain such consent, approval, license or authorization, (iv) any Excluded Domestic Subsidiary that is acquired after the Closing Date, (v) any Foreign Subsidiary of EagleTree-Carbide Acquisition Corp. that is acquired after the Closing Date and that is a CFC, (vi) any Subsidiary prohibited or restricted from guaranteeing the Obligations by Contractual Obligations existing on the Closing Date (but only so long as such prohibition or restriction exists); (vii) captive insurance companies, (viii) not-for-profit Subsidiaries, (ix) special purpose entities, (x) any Unrestricted Subsidiary, (xi) any Subsidiary that is not a wholly-owned Subsidiary of Holdings, (xii) any Subsidiary that is not organized in a Qualified Jurisdiction and (xiii) any other Subsidiary with respect to which, in the reasonable judgment of the Borrowers and the Administrative Agent (confirmed in writing by notice to Holdings), the cost or other consequences of providing a Guaranty shall be excessive in view of the benefits to be obtained by the Lenders therefrom (any such excluded Subsidiary pursuant to preceding clauses (i) through (xiii), inclusive, of this definition of “Guarantor Subsidiary” being referred to as an “Excluded Subsidiary”); provided, however, notwithstanding the foregoing, any Subsidiary of Holdings that is a guarantor or an obligor in respect of any Credit Agreement Refinancing Indebtedness, any Second Lien Term Facility Indebtedness, any Additional Ratio Debt or any Permitted Refinancing of any of the foregoing shall be a Guarantor Subsidiary.
Guarantor Subsidiary means any of the Guarantor Subsidiaries.
Guarantor Subsidiary means any Person that has issued a Subsidiary Guaranty by execution and delivery of this Indenture, including each of the Initial Guarantors.