Examples of Guarantors in a sentence
The Producer consents to the collection, use and disclosure of personal, financial, business and commercial information about Producer(s) and Guarantor(s) for the Purpose by the Administrator to any such Providers, and by such Provider to the Administrator.
These security interests will secure the payment and performance when due of all of the Notes Obligations of the Issuer and the Guarantors, as provided in the Security Documents.
Any Guarantor that makes a payment under its Guarantee will be entitled upon payment in full of all guaranteed obligations under the Indenture to a contribution from each other Guarantor in an amount equal to such other Guarantor’s pro rata portion of such payment based on the respective net assets of all the Guarantors at the time of such payment determined in accordance with GAAP.
The Issuer, the Guarantors and the Notes Collateral Agent will enter into the Security Documents defining the terms of the security interests that secure the Notes and the Guarantees.
No director, officer, employee, incorporator, member or stockholder of the Issuer or any Guarantor shall have any liability for any obligations of the Issuer, the Guarantors or the Subsidiaries under the Notes, the Guarantees or the Indenture or for any claim based on, in respect of, or by reason of such obligations or their creation.