Guarantor Subsidiary definition

Guarantor Subsidiary means each Guarantor other than Holdings.
Guarantor Subsidiary means each Guarantor other than Borrower.
Guarantor Subsidiary means each Guarantor.

Examples of Guarantor Subsidiary in a sentence

  • No Restricted Subsidiary of the Borrower will issue any additional shares of its Capital Stock or other securities or any options, warrants or other rights to acquire such additional shares or other securities except to Borrower or Guarantor Subsidiary.

  • The Borrower and each Guarantor Subsidiary hereby ratifies, approves and confirms in every respect all the terms, provisions, conditions and obligations of the Loan Documents (including, without limitation, all Security Documents) to which it is a party.


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 (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 any Person that has issued a Subsidiary Guaranty by execution and delivery of this Indenture, including each of the Initial Guarantors.
Guarantor Subsidiary means each Subsidiary of the Company which executes a Guaranty.
Guarantor Subsidiary means each Guarantor that is a Subsidiary.
Guarantor Subsidiary means each Guarantor other than Holdings and U.S. Holdings.
Guarantor Subsidiary means each Subsidiary of Lead Borrower (other than the Excluded Entities and the Excluded Subsidiaries) that is a Guarantor.
Guarantor Subsidiary means each Subsidiary of Holdings, other than (i) any Excluded Tax Subsidiary that is acquired after the Closing Date, (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); (viiv) captive insurance companies, (viiivi) not-for-profit Subsidiaries, (ixvii) special purpose entities, (xviii) any Unrestricted Subsidiary, (xiix) any Subsidiary that is not a wholly-owned Subsidiary of Holdings, (xiix) any Subsidiary that is not organized in a Qualified Jurisdiction and (xiiixi) 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 (xiiixi), 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 First Lien Term Facility Indebtedness, any Additional Ratio Debt or any Permitted Refinancing of any of the foregoing shall be a Guarantor Subsidiary.