Permitted Guarantor definition
Permitted Guarantor means [●].]7
Permitted Guarantor means, for any Resource Provider, any Person that (i) directly or indirectly holds an ownership interest of at least twenty-five percent (25%) in such Resource Provider and (ii) satisfies the financial capability requirement set forth in paragraph (a) of Section
Permitted Guarantor any Subsidiary Guarantor that as of the Closing Date has guaranteed the Senior Subordinated Notes or that after the Closing Date has become required to guarantee the Senior Subordinated Notes pursuant to the Senior Subordinated Note Indenture as in effect on the Closing Date or as subsequently amended with the prior written consent of the Required Lenders.
Examples of Permitted Guarantor in a sentence
Guarantor shall not --------------------------------- create or incur or suffer to exist any Indebtedness except Permitted Guarantor Indebtedness.
Permitted Guarantor has suffered a material adverse change in its financial condition or prospects relative to such condition or prospects on the date hereof.
More Definitions of Permitted Guarantor
Permitted Guarantor a Domestic Subsidiary that is a Credit Party and that has granted to the Collateral Agent a first-priority (other than with respect to Liens permitted under subparagraph 5.2(a)), perfected Lien on substantially all of its domestic assets (other than Excluded Assets) pursuant to the Collateral Documents, as certified by the Company in a certificate delivered to the holders of the Notes (as well as the holder of the Indebtedness to be guaranteed) and not objected to by the Required Holders within 5 days of its receipt of such certificate. "Permitted Investments":