Ineos Guarantors definition

Ineos Guarantors means the Ineos Corporate Guarantors and the Individual Guarantors;
Sample 1

Examples of Ineos Guarantors in a sentence

  • If the proceeds of any disposal of the Lucite Shares are applied to meet any obligation of the Ineos Guarantors under any Ineos Individual DTI Grant Guarantee, then that shall be treated as a Guarantee Payment by the relevant Individual Guarantors of the amount so applied.

  • If ICI SPV subsequently recovers from Chlor 1 an amount in respect of any of the Guarantee Payments taken into account in calculating the amount of the payment by the Ineos Guarantors pursuant to this Paragraph 3.4(3), then it shall pay a Relevant Proportion of that to the relevant Ineos Guarantors.

  • If any Ineos Guarantor subsequently recovers from Chlor 1 an amount in respect of any of the Guarantee Payments taken into account in calculating the amount of the payment by ICI SPV pursuant to this Paragraph 3.4(4), then the relevant Ineos Guarantors shall pay a Relevant Proportion of that to ICI SPV.

  • If the ICI Net Payment is greater than the aggregate of ICI SPV's Relevant Proportion of each element of the ICI Net Payment and the Ineos Net Payment, then (subject to the provisions of Paragraph 5.2 ( Claims against Individual Guarantors) in respect of the Individual Guarantors) the Ineos Guarantors shall within ten Business Days of the Initial Notification pay to ICI SPV the amount of the difference.

  • Chlor 1 shall indemnify each of the Ineos Guarantors and keep it indemnified on demand against any payment, other than an Ineos Default Payment, which that Ineos Guarantor makes under any Ineos DTI Grant Guarantee ( "Ineos Guarantee Payments") and any other Losses (including all legal and other costs and expenses incurred in enforcing its rights under this Paragraph 2) which that Ineos Guarantor suffers or incurs in relation to that payment.

  • Obligations expressed in this Schedule (in whatever form of words) to be the obligations of the Ineos Guarantors are their joint and several obligations; but in the case of the Individual Guarantors, this is subject to Paragraph 5.2 (Claims against Individual Guarantors).

  • If the Ineos Net Payment is greater than the aggregate of the Ineos Guarantors' Relevant Proportion of each element of the Ineos Net Payment and the ICI Net Payment, then ICI SPV shall within ten Business Days of the Initial Notification pay to Ineos Holdings the amount of the difference.

  • Each of the Ineos Guarantors (as defined in Schedule 9, Paragraph 1 (Definitions for Schedule 9)) warrants and represents to the ICI Parties that, apart from the Lucite Shares (as defined in Schedule 9, Paragraph 1 (Definitions for Schedule 9)), it neither holds nor owns any shares or other securities in Lucite International Limited or any holding company or subsidiary of Lucite International Limited.

Related to Ineos Guarantors

  • U.S. Guarantors means and include each U.S. Borrower (in its capacity as a guarantor under the U.S. Guaranty) and each U.S. Subsidiary Guarantor.

  • Canadian Guarantors means (i) each Canadian Borrower in its capacity as a guarantor under the Canadian Borrowers/Subsidiaries Guarantee and (ii) each other Canadian Subsidiary of Silgan.

  • Guarantors means each of:

  • Foreign Guarantors means and includes each Foreign Borrower and each Foreign Subsidiary Guarantor.

  • Original Guarantors shall have the meaning assigned to such term in the Preamble hereof.

  • Additional Guarantors shall have the meaning assigned to such term in the Preamble hereof.

  • Parent Guarantors means the Company, Holdings I, Holdings II, Holdings III, Holdings IV and Holdings V.

  • Subsidiary Guarantors means each direct or indirect Domestic Subsidiary that is a Restricted Subsidiary in existence on the Closing Date or that becomes a party to the Subsidiary Guaranty Agreement pursuant to Section 8.11.

  • Canadian Subsidiary Guarantor each Canadian Subsidiary of any Canadian Borrower which executes and delivers the Canadian Guarantee and Collateral Agreement, in each case, unless and until such time as the respective Canadian Subsidiary Guarantor ceases to constitute a Canadian Subsidiary of the Parent Borrower or is released from all of its obligations under the Canadian Guarantee and Collateral Agreement in accordance with the terms and provisions thereof.

  • U.S. Subsidiary Guarantor means each U.S. Subsidiary which has executed and delivered to the U.S. Administrative Agent the U.S. Subsidiary Guaranty (or a supplement thereto).

  • Initial Guarantors shall have the meaning set forth in the preamble.

  • Holdings Guaranty means the Holdings Guaranty made by Holdings in favor of the Administrative Agent on behalf of the Secured Parties, substantially in the form of Exhibit F-1.

  • Additional Subsidiary Guarantor means each Person that becomes a Subsidiary Guarantor after the Closing Date by execution of an Accession Agreement as provided in Section 6.12.

  • Non-Guarantor means any Restricted Subsidiary that is not a Guarantor.

  • Guarantor means: .............................................................................................................................................

  • Warrantors means the Founders, the Founder Holdcos and the Group Companies.

  • U.S. Guarantor means a Guarantor whose jurisdiction of organisation is a state of the United States of America or the District of Columbia.

  • Subsidiary Guaranty Agreement means each unconditional guaranty agreement executed by the Subsidiary Guarantors in favor of the Administrative Agent for the ratable benefit of the Secured Parties, substantially in the form of Exhibit H, as amended, restated, supplemented or otherwise modified from time to time.

  • Subsidiary Guaranties means the Domestic Subsidiary Guaranty and each Foreign Subsidiary Guaranty.

  • Canadian Guarantor means each Guarantor that is incorporated or otherwise organized under the laws of Canada or any province or territory thereof.

  • Corporate Guarantor means Navios Maritime Holdings Inc., a company incorporated in the Xxxxxxxx Islands and having its registered office at Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Xxxxxxxx Xxxxxxx, XX00000;

  • Non-Guarantor Subsidiaries means, as of any date of determination, a collective reference to:

  • Security Parties means each Borrower, each Guarantor, each Chargor, and any other person (other than a Manager or Charterer) who may at any time during the Facility Period be liable for, or provide security for, all or any part of the Indebtedness, and "Security Party" means any one of them.

  • Guaranteed Parties means (a) each Lender, (b) each Issuing Bank, (c) the Administrative Agent, (d) each Joint Bookrunner, (e) each Person to whom any Guaranteed Cash Management Obligations are owed, (f) each counterparty to any Swap Agreement the obligations under which constitute Guaranteed Swap Obligations, (g) the beneficiaries of each indemnification obligation undertaken by any Loan Party under any Loan Document and (h) the permitted successors and assigns of each of the foregoing.

  • Subsidiaries Guaranty shall have the meaning provided in Section 6.10.

  • Limited Guarantor With respect to any Series (or Class within such Series), a Person specified in the related Supplement as providing a guarantee or insurance policy or other credit enhancement supporting the distributions in respect of such Series (or Class within such Series) as and to the extent specified in such Supplement.