Note Guarantor definition

Note Guarantor means any Restricted Subsidiary that Incurs a Note Guarantee and its successors; provided that upon the release or discharge of such Person from its Note Guarantee with respect to the Notes in accordance with this Indenture, such Person ceases to be a Note Guarantor with respect to the Notes.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Note Guarantor means any Person that has issued a Note Guarantee.

Note Guarantor means each Subsidiary of the Company that becomes a guarantor of the Notes pursuant to the terms of this Indenture.

Examples of Note Guarantor in a sentence

Each Note Guarantor also agrees to pay, in addition to the amount stated above, any and all costs and expenses (including reasonable attorneys’ fees and expenses) incurred by the Trustee or any Holder in enforcing any rights under this Section 10.01.
Failing payment when due of any amount so guaranteed or any performance so guaranteed for whatever reason, each Note Guarantor, together with Holdings as described in Article 11, shall be jointly and severally, obligated to pay the same immediately.
Each payment to be made by a Note Guarantor in respect of its Note Guarantee shall be made without set-off, counterclaim, reduction or diminution of any kind or nature.
Each Note Guarantor agrees that this is a guarantee of payment and not a guarantee of collection.
Each Note Guarantor, and by its acceptance of Notes, each Holder, hereby confirms that it is the intention of all such parties that the Note Guarantee of such Note Guarantor not constitute a fraudulent transfer or conveyance for purposes of Bankruptcy Law, the Uniform Fraudulent Conveyance Act, the Uniform Fraudulent Transfer Act or any similar federal or state law to the extent applicable to any Note Guarantee.

More Definitions of Note Guarantor

Note Guarantor means any Subsidiary that has issued a Note Guarantee.

Note Guarantor means the Parent and each Subsidiary Guarantor.

Note Guarantor means each Subsidiary of the Company that is or becomes a guarantor of the Notes pursuant to the terms of this Indenture.

Note Guarantor means any Subsidiary of the Company that Guarantees the Notes, until such Guarantee is released in accordance with the terms of the Indenture.

Note Guarantor has the meaning ascribed to it in the introductory paragraph of this Indenture.

Note Guarantor means any Material Domestic Subsidiary which provides a Note Guarantee pursuant to this Indenture until such time as its Note Guarantee is released in accordance with this Indenture.

Note Guarantor means each Subsidiary Guarantor.