Initial Guarantees definition

Initial Guarantees. As defined in the preamble hereto.

Initial Guarantees the guarantees described in Schedule I hereto, as amended, supplemented or otherwise modified from time to time in accordance with this Trust Agreement and the First Priority Securities Facility.

Initial Guarantees means the guarantees of the Securities by the Guarantors under the Indenture.

Examples of Initial Guarantees in a sentence

• The Pennsylvania Guarantor has duly authorized, executed and delivered the Indenture and the Initial Guarantees and has the corporate power and authority to enter into and perform its obligations under the Indenture and the Initial Guarantees and has the corporate power and authority to execute and deliver, and perform its obligations under, any Additional Guarantees issued pursuant to the Transaction Documents.

• The Initial Guarantees constitute valid and binding obligations of the Guarantors enforceable against the respective Guarantors in accordance with their terms.

• No consent, waiver, approval, authorization or order of any governmental authority of the Commonwealth of Pennsylvania was required in connection with the execution and delivery by the Pennsylvania Guarantor of the Indenture and the Initial Guarantees or will be required in connection with the execution and delivery by the Pennsylvania Guarantor of the Additional Guarantees issued pursuant to the Transaction Documents.

• The Guarantor has duly authorized, executed and delivered the Indenture and the Initial Guarantees and has the corporate power and authority to perform its obligations under the Indenture and the Initial Guarantees and has the corporate power and authority to execute and deliver, and perform its obligations under, any Additional Guarantees issued pursuant to the Transaction Documents.

• No consent, waiver, approval, authorization or order of any State of Michigan court or governmental authority of the State of Michigan was required in connection with the execution and delivery of the Indenture and the Initial Guarantees or will be required in connection with the execution and delivery of the Additional Guarantees issued pursuant to the Transaction Documents.

More Definitions of Initial Guarantees

Initial Guarantees as defined in the Trust Agreement.

Initial Guarantees means the guarantees of the Company's obligations under this Indenture and the Notes by the Initial Guarantors.

Initial Guarantees means the guarantees of the Borrower’s obligations hereunder by the Initial Subsidiary Guarantors.

Initial Guarantees means the guarantees of the New Securities by the Guarantors under the Indenture. “Initial Purchasers” shall mean the initial purchasers named in Schedule 2 hereto, collectively.

Initial Guarantees. As defined in the preamble hereto. Initial Placement: The issuance and sale by the Company of the Additional Securities to the Initial Purchasers pursuant to the Purchase Agreement.

Initial Guarantees means the guarantees granted by the Initial Guarantors.

Initial Guarantees means the guarantees provided by the Initial Guarantors pursuant to the Initial Guarantee Agreement.