Examples of Parent Guarantee in a sentence
The Trustee hereby confirms and acknowledges the release of Assignor from the Parent Guarantee and all other obligations under the Indenture and all other obligations thereunder and under the Collateral Agreement and the other Note Security Documents.
Execution and Delivery of Parent Guarantee on the Issue Date 175 Section 1409.
No director, officer, employee, incorporator or stockholder of Holdings, the Company, any Subsidiary Guarantor or any Subsidiary of any thereof shall have any liability for any obligation of Holdings, the Company or any Subsidiary Guarantor under this Indenture, the Notes, the Parent Guarantee, any Subsidiary Guarantee, the Note Security Documents or the Intercreditor Agreements or for any claim based on, in respect of, or by reason of, any such obligation or its creation.
The obligations of Holdings will be limited to the maximum amount as will, after giving effect to all other contingent and fixed liabilities of Holdings (including, but not limited to, any Guarantee by it of any Credit Facility Indebtedness), result in the obligations of Holdings under the Parent Guarantee not constituting a fraudulent conveyance or fraudulent transfer under applicable law, or being void or unenforceable under any law relating to insolvency of debtors.
Neither the Company nor Holdings shall be required to make a notation on the Notes to reflect the Parent Guarantee or any release, termination or discharge thereof.