Examples of Indenture Guaranty in a sentence
Become a party to or permit any Subsidiary to become a party to any Restrictive Agreement, except a Restrictive Agreement as in effect on the Closing Date and shown on Schedule 8.1.16, the 2009 Indenture, the 2009 Indenture Guaranty, the Convertible Debentures, the Indenture, the Second Lien Debt Documents or the Revolver Loan Documents.
Reference is made to Article XI of the Borrower Senior Notes Indenture and that certain Guarantee of the Borrower Senior Notes Indenture executed by Holdings, Petro Holdings, Petro and Petro Distributing pursuant to which such Guarantors Guarantee the Borrower Senior Notes and related obligations (collectively, as the same may be amended, modified, extended, restated or supplemented from time to time, the "Indenture Guaranty").
Become a party to or permit any Subsidiary to become a party to any Restrictive Agreement, except a Restrictive Agreement as in effect on the Closing Date and shown on Schedule 8.1.15 and the Indenture, 2009 Indenture, 2009 Indenture Guaranty, Convertible Debentures, Revolver Debt and Sun Debt.
Become a party to or permit any Subsidiary to become a party to any Restrictive Agreement, except a Restrictive Agreement as in effect on the Closing Date and shown on Schedule 9.1.16, the 2009 Indenture, the 2009 Indenture Guaranty, the Convertible Debentures, the Indenture, the Second Lien Debt Documents or the Last-Out Term Loan Documents.
If any time the Lenders consent to release the Guarantors from liability with respect to the Guaranty in accordance with Section 10.01(h) or the proviso immediately following thereafter, cause the Indenture Guaranty and the Convertible Debenture Guaranty to be immediately terminated.
The Company has (a) no material assets other than the Underlying Loans and (b) no Indebtedness, and no material obligations other than its obligations under (i) the Loan Documents, (ii) the Underlying Loan Documents and (iii) the Forest Indenture Guaranty.
The Company will not engage in any business other than (i) the extension of credit to Canadian Forest and the Subsidiary Borrowers pursuant to the Canadian Forest Credit Agreement and activities reasonably related thereto, (ii) the borrowings and other extensions of credit contemplated hereunder and activities reasonably related thereto and (iii) the granting of the Forest Indenture Guaranty.
In addition, and notwithstanding anything contained above, in the event that any Person becomes party to the Indenture Guaranty or to the Convertible Debenture Guaranty and such Person has not at such date executed a Guaranty Joinder Agreement, the Borrower shall immediately notify the Administrative Agent thereof and cause such Person to immediately deliver to the Administrative Agent all documents required by subsections (a) and (b) above.
Amend or supplement, or permit to be amended or supplemented, (a) the Indenture, (b) any Convertible Debenture or the Convertible Debenture Agreement, or (c) the Indenture Guaranty or the Convertible Debenture Guaranty, in each case in a manner that directly or indirectly accelerates the time of payment, increases the principal amount of or interest rate applicable to indebtedness issued, provides for more restrictive terms or otherwise is adverse to the Administrative Agent or the Lenders.
The Company will not consent to any modification, supplement or waiver of any of the provisions of any of the Underlying Loan Documents, the Forest Indenture Guaranty or the charter documents of the Company without the prior consent of the Administrative Agent (with the approval of the Majority Lenders or such other percentage of the Lenders as is required by the Underlying Loan Documents).