Guarantors definition
Examples of Guarantors in a sentence
The Guaranteeing Subsidiaries hereby become party to the Indenture as Subsidiary Guarantors and as such will have all of the rights and be subject to all of the Obligations and agreements of Subsidiary Guarantors under the Indenture.
The Guaranteeing Subsidiaries hereby agree to be bound by all of the provisions of the Indenture applicable to Subsidiary Guarantors and to perform all of the Obligations and agreements of Subsidiary Guarantors under the Indenture.
No former, current or future director, officer, employee, incorporator, stockholder, member or partner of the Company or any Guarantor, as such, will have any liability for any obligations of the Company or the Guarantors under the Notes, this Indenture, the Note Guarantees or for any claim based on, in respect of, or by reason of, such obligations or their creation.
No director, officer, employee, incorporator or stockholder of the Company or any Guarantor, as such, will have any liability for any obligations of the Company or the Guarantors under the Notes, the Indenture, the Note Guarantees or for any claim based on, in respect of, or by reason of, such obligations or their creation.
In furtherance of the foregoing, the Guaranteeing Subsidiaries shall be deemed Subsidiary Guarantors for purposes of Article 10 of the Indenture, including, without limitation, Section 10.02 thereof.