Pledgors and Guarantors definition

Pledgors and Guarantors means each Domestic Subsidiary, from time to time.
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Examples of Pledgors and Guarantors in a sentence

  • No director, officer, employee, stockholder or member, as such, of the Issuer or any of the Pledgors and Guarantors, shall have any liability for any obligations of the Issuer or any of the Pledgors and Guarantors under the Notes, this Indenture or the Security Documents, as applicable, or for any claim based on, in respect of or by reason of such obligations or their creation.

  • The Credit Agreement, as amended by this Amendment, has been duly executed and delivered by Borrowers, Pledgors and Guarantors and is enforceable against Borrowers, Pledgors and Guarantors in accordance with its respective terms, except as may be limited by bankruptcy, insolvency, reorganization, moratorium or similar laws relating to or limiting creditors' rights generally or by equitable principles relating to enforceability.

  • In view of the position of the Pledgors and Guarantors in relation to the Pledged Securities, or because of other current or future circumstances, a question may arise under the Securities Act of 1933, as now or hereafter in effect, or any similar statute hereafter enacted analogous in purpose or effect (such Act and any such similar statute as from time to time in effect being called the "Federal Securities Laws") with respect to any disposition of the Pledged Securities permitted hereunder.

  • No director, officer, employee, stockholder or member, as such, of the Issuer or any of the Pledgors and Guarantors, shall have any liability for any obligations of the Issuer or any of the Pledgors and Guarantors under the Notes, the Indenture or the Security Documents, as applicable, or for any claim based on, in respect of or by reason of such obligations or their creation.

  • The Collateral Agent, on behalf of the Secured Parties, shall have the right (in its sole and absolute discretion) to hold the Pledged Securities in its own name as pledgee, the name of its nominee (as pledgee or as sub-agent) or the name of the Pledgors and Guarantors, endorsed or assigned in blank or in favor of the Collateral Agent.

  • An opinion from (i) legal counsel to the Borrower, Pledgors and Guarantors, and (ii) any applicable local counsel.

  • Each such purchaser at any such sale shall hold the property sold absolutely free from any claim or right on the part of any Pledgor and Guarantor, and, to the extent permitted by applicable law, the Pledgors and Guarantors hereby waive all rights of redemption, stay, valuation and appraisal any Pledgor and Guarantor now has or may at any time in the future have under any rule of law or statute now existing or hereafter enacted.

  • Additional Pledgors and Guarantors ......................................................................65 8.16.

  • Each of the Borrowers, Pledgors and Guarantors is in good standing in the respective states of their organization on the Amendment Effective Date.

  • As used herein, "Amendment Documents" means this Amendment, the Consent and Agreement of Pledgors and Guarantors related hereto and the Credit Agreement (as amended by this Amendment).

Related to Pledgors and Guarantors

  • Security Parties means each Borrower, each Guarantor, each Chargor, and any other person (other than a Manager or Charterer) who may at any time during the Facility Period be liable for, or provide security for, all or any part of the Indebtedness, and "Security Party" means any one of them.

  • Credit Parties means the Borrower and the Guarantors.

  • Parent Guarantors means the Company, Holdings I, Holdings II, Holdings III, Holdings IV and Holdings V.

  • Guarantors means each of:

  • Foreign Guarantors means and includes each Foreign Borrower and each Foreign Subsidiary Guarantor.

  • Canadian Guarantors means (i) each Canadian Borrower in its capacity as a guarantor under the Canadian Borrowers/Subsidiaries Guarantee and (ii) each other Canadian Subsidiary of Silgan.

  • Loan Parties means, collectively, the Borrower and each Guarantor.

  • U.S. Guarantors means and include each U.S. Borrower (in its capacity as a guarantor under the U.S. Guaranty) and each U.S. Subsidiary Guarantor.

  • Obligors means the Borrower and the Guarantors.

  • Transaction Parties As defined in Section 5.3(o).

  • Grantors shall have the meaning set forth in the preamble.

  • U.S. Loan Parties means the U.S. Borrowers and the U.S. Guarantors.

  • Original Guarantors shall have the meaning assigned to such term in the Preamble hereof.

  • Note Parties means, collectively, the Company and each Guarantor.

  • Parent Guarantor has the meaning specified in the recital of parties to this Agreement.

  • Corporate Guarantor means Navios Maritime Holdings Inc., a company incorporated in the Xxxxxxxx Islands and having its registered office at Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Xxxxxxxx Xxxxxxx, XX00000;

  • Guarantor means: .............................................................................................................................................

  • Guarantor Subsidiaries has the meaning set forth in the Recitals to this Agreement.

  • Initial Guarantors shall have the meaning set forth in the preamble.

  • Grantors’ Agent means Xxxxxxxx Group Holdings Limited or any other person appointed as agent of the Grantors in accordance with the Principal Finance Documents.

  • Relevant Parties means the Agent, each Borrower, each Security Party, the Security Trustee, each Lender and the Swap Bank;

  • Non-Guarantor Subsidiaries means, as of any date of determination, a collective reference to:

  • Subsidiary Guarantors means each direct or indirect Domestic Subsidiary that is a Restricted Subsidiary in existence on the Closing Date or that becomes a party to the Subsidiary Guaranty Agreement pursuant to Section 8.11.

  • Borrower Parties means the collective reference to the Borrower and its Restricted Subsidiaries, and “Borrower Party” means any one of them.

  • Pledgors means the Vehicle Trust, BMW LP and the Transferor.

  • Canadian Loan Parties means the Canadian Borrower and the Canadian Guarantors.