Required Guarantors definition

Required Guarantors means Holdings and each Restricted Subsidiary that is a Domestic Subsidiary and not an Excluded Subsidiary.

Required Guarantors. Subsidiary Guarantors" and "Subsidiary Guaranty Agreement" and (ii) amending the definitions of "ERISA Group" and "Financing Documents" to read as follows:

Required Guarantors has the meaning given to that term in the Reimbursement Agreement.

Examples of Required Guarantors in a sentence

• The Guaranty Documents constitute the complete agreement between the parties with respect to the subject matter hereof and may not be modified, altered or amended except by an agreement in writing signed by Borrower, Required Guarantors and, if required by 39 the terms hereof, Agent.

• Borrower shall fail or neglect to perform, keep or observe any covenant contained in this Agreement (other than a covenant which is dealt with specifically elsewhere in Section 10.1.4 or 10.1.6 hereof) and the breach of such other covenant is not cured to Required Guarantor's satisfaction within thirty (30) days after the sooner to occur of Borrower's receipt of notice of such breach from Agent or Guarantors or the date on which such failure or neglect first becomes known to any officer of Borrower.

• If no successor Agent shall have been so appointed by the Required Guarantors, and shall have accepted such appointment, within thirty (30) days after the retiring Agent's giving notice of resignation, then the retiring Agent may, on behalf of the Guarantors, appoint a successor Agent, which shall be reasonably acceptable to Borrower.

• Borrower shall furnish to Agent Inventory reports in form and detail satisfactory to Agent at such times as Agent or Required Guarantors may request, but at least once each month, not later than the fifteenth (15th) day of such month.

• Upon any such resignation, the Required Guarantors shall have the right to appoint a successor Agent which shall be reasonably acceptable to Borrower.

More Definitions of Required Guarantors

Required Guarantors means, as of any date, Guarantors that have paid to Bank more than fifty percent (50%) of the aggregate Drawn Amounts, and if no Drawn Amounts are outstanding, the Guarantors whose aggregate Guaranty Commitment constitutes more than fifty percent (50%) of the aggregate Guaranty Commitments of all Guarantors; provided that "ninety percent (90%)" shall be substituted in place of the above-referenced percentages in the following circumstances: (A) appointment of a successor Agent under Section 7(i), (B) executing and delivering a release under Section 7(k) of Liens on Collateral in the aggregate valued in excess of $1,000,000, and (C) the consent required pursuant to Section 4(a)(iii) and (D) notwithstanding any provision in this Agreement or the Operative Documents, engaging in any action or transaction, including without limitation amendment or modification of this Agreement or the Operative Documents that (i) materially adversely affects the rights of any Guarantor in a manner different than any other Guarantor, or (ii) could reasonably be expected to prejudice or otherwise treat inequitably the interests of any Guarantor in relation to the rights of any other Guarantor, which actions or transactions shall require the approval of that percentage of Guarantors referenced in this proviso.

Required Guarantors the individuals identified in the Schedule as the Required Guarantors.

Required Guarantors means (a) the Company, Intermediate DOFC, Intermediate DOSC, and the Issuers, (b) each Rig Subsidiary, (c) each Restricted Subsidiary of the Company that directly or indirectly owns Equity Interests in a Rig Subsidiary, (d) any other Person that is a borrower, issuer, or guarantor of the Revolving Loans and L/C Obligations, Last Out Term Loans, and/or Last Out Incremental Debt (if any), and (e) any other Restricted Subsidiary of the Company, including any Eligible Local Content Entity, that is not, in the case of this clause (e), an Excluded Subsidiary; provided, that the Company and its Restricted Subsidiaries shall not be required to cause any Restricted Subsidiary to become a Subsidiary Guarantor unless and until the Company or such Restricted Subsidiary is required to cause such Restricted Subsidiary to become a guarantor of the obligations outstanding under the Revolving Loan Agreement or the Last Out Term Loan Agreement pursuant to the terms of the Revolving Loan Credit Agreement or the Last Out Term Loan Agreement (whether pursuant to the terms of the Revolving Loan Credit Agreement or the Last Out Term Loan Agreement (and any related documents) or as a result of any determination made thereunder, or by amendment or waiver of the terms of the Revolving Loan Credit Agreement or the Last Out Term Loan Agreement, or otherwise).

Required Guarantors. [”Elective Guarantors”] in the Credit Agreement shall be deemed to include Additional Guarantor (which references may change after the date hereof in accordance with the terms of the Credit Agreement).

Required Guarantors with respect to a Loan, the individual(s) identified in the Schedule as the Required Guarantor(s) for such Loan.

Required Guarantors means the Guarantors of the Leases of the ten (10) Highest NOI Tenants (to the extent, and only to the extent that such Guarantors are required pursuant to their Guaranty to deliver a Guarantor's Estoppel Certificate).

Required Guarantors means the Guarantors, if any, of the Leases with the following Tenants: (i) Institute for Family Health; (ii) Capital Region Neurosurgery, PLLC; (iii) Axxx Arundel Health Systems, Inc.; (iv) Wellstar; (v) Emory Specialty Associates LLC; (vi) St. Peter’s Hospital of the City of Albany; (vii) St. Peter’s Health Partner’s Medical Associates, P.C. (viii) Seton Health Systems, Inc.; (ix) Exxxx Hospital; (x) Benedictine Hospital; (xi) WMC Advanced Physician Services; (xii) Airport Imaging LLC; and (xiii) Trinity Health – Michigan, a Michigan non-profit corporation doing business as Mercy Health Saint Mary’s (“Saint Mary’s”).