Relevant Guarantor definition

Relevant Guarantor means any Subsidiary (other than the Issuer and any Subsidiary that is already a Guarantor) that at any time has outstanding a guarantee with respect to any Specified Indebtedness, or is otherwise an obligor, co-obligor or jointly liable with the Issuer or any Guarantor with respect to any Specified Indebtedness.

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Relevant Guarantor means any Restricted Subsidiary, the assets of which are pledged as collateral under the Revolving Credit Facilities Agreement, that, following the Merger Consummation Date, provides a guarantee of the 2020 Notes in accordance with the terms of the Indenture.

Relevant Guarantor means the person that has given the relevant Transferring Guarantee/Indemnity or Shared Guarantee/Indemnity to or for the benefit of a Transferring Entity;

Examples of Relevant Guarantor in a sentence

• Section 1010 of the Indenture provides that if any Subsidiary of the Parent Guarantor which is not a Guarantor becomes a Relevant Guarantor, then within 30 days of such Subsidiary becoming a Relevant Guarantor, the Parent Guarantor shall cause that Subsidiary to also become a Guarantor of all amounts due and owing on the Securities Outstanding under the Indenture by such New Guarantor, the Issuer and the Trustee executing and delivering a New Guarantor Supplemental Indenture within such 30 days.

• Notwithstanding the foregoing, the release of a Subsidiary of the Parent Guarantor as a Subsidiary Guarantor shall not preclude such Subsidiary subsequently becoming a Guarantor if, while the Securities are Outstanding, such Subsidiary becomes a Relevant Guarantor subsequent to such release.

• Such release shall occur upon or concurrently with the Subsidiary Guarantor no longer being a Relevant Guarantor and the delivery of an Officer’s Certificate of Release to the Trustee certifying the same, provided that, at the time of such release, no default or Event of Default has occurred and is continuing.

More Definitions of Relevant Guarantor

Relevant Guarantor means, in relation to a Transferred Guarantee/Indemnity, the person

Relevant Guarantor shall have the meaning specified in Section 14.01(b)(3).

Relevant Guarantor means the Guarantor which is to take delivery of that Ship.

Relevant Guarantor means, (i) in relation to Notes issued by Pirelli International, Pirelli Tyre (if specified as the Guarantor in the applicable Final Terms or having acceded as Guarantor pursuant to Condition 2.3(d)) or Pirelli (if specified as the Guarantor in the applicable Final Terms or having acceded as a Guarantor pursuant to Condition 2.3(c)), and (ii) in relation to Notes issued by Pirelli, Pirelli Tyre (if specified as the Guarantor in the applicable Final Terms or having acceded as Guarantor pursuant to Condition 2.3(b)) except, in each case, to the extent that any such Guarantor has been released from its obligations as Guarantor and (in the case of Pirelli Tyre) has not again become subject to such obligations pursuant to Condition 2.3(a), Condition 2.3(c) or Condition 2.3(d) (as the case may be). For the avoidance of doubt, where no Guarantor is specified in the applicable Final Terms and for so long as neither Pirelli Tyre nor Pirelli has acceded as a Guarantor without thereafter having been released, there shall be no relevant Guarantor, and all references to relevant Guarantor shall be construed accordingly; repay, redeem and pay shall each include both of the others and cognate expressions shall be construed accordingly;

Relevant Guarantor has the meaning ascribed to such term in the definition of "Material Adverse Effect".