Examples of New Guarantor in a sentence
The Company desires to provide for the designation of any New Guarantor under the Base Indenture as a Non-Guarantor Entity, as defined in and subject to the terms set forth in the Article III.
All things necessary have been done to make the Guarantees, upon execution and delivery of this Fifth Supplemental Indenture, the valid and legally binding obligations of each New Guarantor and to make this Fifth Supplemental Indenture a valid and legally binding agreement of each Existing Guarantor and the New Guarantors, in accordance with its terms.
Neither the Trustee nor the Notes Collateral Agent shall be responsible in any manner whatsoever for or in respect of the validity or sufficiency of this Supplemental Indenture or the Note Guarantee or for or in respect of the recitals contained herein, all of which recitals are made solely by the New Guarantor and the Issuers.
The New Guarantor hereby agrees to provide an unconditional Guarantee on the terms and subject to the conditions set forth in the Indenture including but not limited to Article 10 thereof.
Each New Guarantor agrees, on a joint and several basis with all the Existing Guarantors, to fully, unconditionally and irrevocably Guarantee to each Holder of the Notes and the Trustee the Obligations pursuant to Article 14 of the Indenture on a senior basis.