Senior Guarantors definition

Senior Guarantors as defined in the recitals hereto.
Senior Guarantors the persons executing and delivering the Senior Guarantees, and their successors and assigns.
Senior Guarantors means any direct or indirect subsidiary of any Borrower that guarantees all or any portion of the Secured Obligations in accordance with the terms of the Senior Credit Agreement.

Examples of Senior Guarantors in a sentence

  • Within 90 days after the Closing Date, the Issuer and the applicable Senior Guarantors shall use their commercially reasonable efforts to obtain (i) landlord consents, in form and substance satisfactory to the Required Holders, with respect to each leased location and (ii) letter agreements, in form and substance satisfactory to the Required Holders, from counterparties to service agreements relating to the servers.

  • The Trustee may be appointed, and may serve contemporaneously with its service hereunder, as trustee under an Indenture among the Company, the Senior Guarantors and it providing for issuance by the Company of debt instruments subordinated to the Securities (the "Subordinated Indenture") and shall not be considered to be conflicted in its duties under either the Subordinated Indenture or this Indenture by reason of its acting as trustee under the other.

  • The Notes shall be senior secured obligations of the Issuer and the Guaranty shall be (i) the senior secured obligation of the Senior Guarantors and (ii) the subordinated secured obligations of the Subordinated Guarantors.

  • Natural Sciences and Engineering Research Council of Canada, Canadian Institutes of Health Research, Social Sciences and Humanities Research Council of Canada.

  • The obligations under the Senior Credit Facility and under the Senior Guaranties will be secured by a security interest in all of the present and future property, assets and undertaking of Parent, Borrower and the Senior Guarantors.

  • You will only earn the credits linked to a unit standard of the qualification once you have also been declared competent on the workplace assessment (Portfolio of Evidence).

  • Senior Obligors: The Senior Borrowers, the Senior Guarantors and the Negative Pledge Propco.

  • The Senior Credit Facility will contain customary events of default and will be supported by guaranties (the "Senior Guaranties") from certain of Parent's subsidiaries (the "Senior Guarantors").

  • The Trustee may be appointed, and any serve contemporaneously with its service hereunder, as trustee under an Indenture among the Company, the Senior Guarantors and it providing for issuance by the Company of debt instruments subordinated to the Securities (the "Subordinated Indenture") and shall not be considered to be conflicted in its duties under either the Subordinated Indenture or this Indenture by reason of its acting as trustee under the other.

  • The Trustee may be appointed, and may serve contemporaneously with its service hereunder, as trustee under an Indenture among the Company, the Senior Guarantors and it providing for issuance by the Company of debt instruments senior to the Securities (the "Senior Indenture") and shall not be considered to be conflicted in its duties under either the Senior Indenture or this Indenture by reason of its acting as trustee under the other.


More Definitions of Senior Guarantors

Senior Guarantors means the Company, Lucite Investment and any other Subsidiary that is required after the date of the Indenture to execute a Senior Guarantee of the Notes pursuant to the "Limitation on Issuance of Guarantees of Indebtedness by Restricted Subsidiaries" covenant of the Indenture until a successor replaces such party pursuant to the applicable provisions of the Indenture and, thereafter, shall mean such successor.
Senior Guarantors means the Company and Lucite International Investment Limited and any other Subsidiary that is required after the date of this Indenture to execute a Senior Guarantee of the Securities pursuant to Section 1013 until a successor replaces such party pursuant to the applicable provisions of this Indenture and, thereafter, shall mean such successor.
Senior Guarantors means each member of the Group that is a guarantor under a Revolving Facility Agreement.

Related to Senior Guarantors

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

  • Guarantors means each of:

  • 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.

  • 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.

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

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

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

  • Canadian Subsidiary Guarantor each Canadian Subsidiary of any Canadian Borrower which executes and delivers the Canadian Guarantee and Collateral Agreement, in each case, unless and until such time as the respective Canadian Subsidiary Guarantor ceases to constitute a Canadian Subsidiary of the Parent Borrower or is released from all of its obligations under the Canadian Guarantee and Collateral Agreement in accordance with the terms and provisions thereof.

  • 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.

  • Guarantor Senior Debt of a Subsidiary Guarantor means all Obligations with respect to any Indebtedness of such Subsidiary Guarantor, whether outstanding on the Issue Date or thereafter created, incurred or assumed, unless, in the case of any particular Indebtedness, the instrument creating or evidencing the same or pursuant to which the same is outstanding expressly provides that such Indebtedness shall be on a parity with or subordinated in right of payment to such Subsidiary Guarantor's Guarantee. Without limiting the generality of the foregoing, (x) "Guarantor Senior Debt" shall include the principal of, premium, if any, and interest on all Obligations of every nature of such Subsidiary Guarantor from time to time owed to the lenders under the Partnership Credit Facility, including, without limitation, principal of and interest on, and all fees, indemnities and expenses payable by such Subsidiary Guarantor under, the Partnership Credit Facility, and (y) in the case of amounts owing by such Subsidiary Guarantor under the Partnership Credit Facility and guarantees of Designated Senior Indebtedness, "Guarantor Senior Debt" shall include interest accruing thereon subsequent to the occurrence of any Event of Default specified in clause (h) or (i) of Section 6.01 relating to such Subsidiary Guarantor, whether or not the claim for such interest is allowed under any applicable Bankruptcy Law. Notwithstanding the foregoing, "Guarantor Senior Indebtedness" shall not include (i) Indebtedness evidenced by the Notes or the Guarantees, (ii) Indebtedness that is expressly subordinate or junior in right of payment to any other Indebtedness of such Subsidiary Guarantor, (iii) any liability for federal, state, local or other taxes owed or owing by such Subsidiary Guarantor, (iv) Indebtedness of such Subsidiary Guarantor to the Partnership or a Subsidiary of the Partnership or any other Affiliate of the Partnership, (v) any trade payables of such Subsidiary Guarantor, and (vi) any Indebtedness which is incurred by such Subsidiary Guarantor in violation of this Indenture.

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

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

  • U.S. Subsidiary Guarantor means each U.S. Subsidiary which has executed and delivered to the U.S. Administrative Agent the U.S. Subsidiary Guaranty (or a supplement thereto).

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

  • Second Lien Notes Trustee “Second Lien Noteholder”, “High Yield Agent”, “HY Borrower”, “High Yield Creditor”, “High Yield Lender”, “Unsecured Agent”, “Unsecured Lender”, “Security Agent”, “Security Grantor”, “Senior Agent”, “Senior Arranger”, “Senior Borrower”, “Senior Creditor”, “Senior Guarantor”, “Senior Lender”, “Senior Secured Notes Guarantor”, “Senior Secured Notes Issuer”, “Senior Secured Notes Trustee”, “Senior Secured Noteholder”, “Subordinated Creditor”, “Permitted Affiliate Parent”, the “Company” or any other person shall be construed so as to include its successors in title, permitted assigns and permitted transferees and, in the case of the Security Agent, any person for the time being appointed as Security Agent or Security Agents in accordance with this Agreement;

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

  • Additional Senior Debt Parties means, with respect to any series, issue or class of Additional Senior Debt, the holders of such Indebtedness, the Representative with respect thereto, any trustee or agent therefor under any related Additional Senior Debt Documents and the beneficiaries of each indemnification obligation undertaken by the Company or any Guarantor under any related Additional Senior Debt Documents.

  • Guarantor Senior Indebtedness shall not include (a) Indebtedness evidenced by the Note Guarantee of such Note Guarantor, (b) Indebtedness that is pari passu with or expressly subordinated or junior in right to payment to any Guarantor Senior Indebtedness of such Note Guarantor, (c) Indebtedness which, when incurred and without respect to any election under Section 1111(b) of Xxxxx 00, Xxxxxx Xxxxxx Code, is by its terms without recourse to such Note Guarantor, (d) any repurchase, redemption or other obligation in respect of Redeemable Capital Stock of such Note Guarantor, (e) to the extent it might constitute Indebtedness, amounts owing for goods, materials or services purchased in the ordinary course of business or consisting of trade payables or other current liabilities (other than any current liabilities owing under the Credit Agreement Obligations or the current portion of any long-term Indebtedness which would constitute Guarantor Senior Indebtedness but for the operation of this clause (e)), (f) to the extent it might constitute Indebtedness, amounts owed by such Note Guarantor for compensation to employees or for services rendered to such Note Guarantor, (g) to the extent it might constitute Indebtedness, any liability for federal, state, local, foreign or other taxes owed or owing by such Note Guarantor, (h) Indebtedness of such Note Guarantor to a Subsidiary of the Company and (i) that portion of any Indebtedness of such Note Guarantor which at the time of Incurrence is Incurred in violation of this Indenture; provided, however, that such Indebtedness shall be deemed not to have been Incurred in violation of this Indenture for purposes of this clause (i) if (x) the holder(s) of such Indebtedness or their representative or such Note Guarantor shall have furnished to the Trustee an opinion of recognized independent legal counsel, unqualified in all material respects, addressed to the Trustee (which legal counsel may, as to matters of fact, rely upon an Officers' Certificate of such Note Guarantor) to the effect that the Incurrence of such Indebtedness does not violate the provisions of this Indenture or (y) such Indebtedness consists of Credit Agreement Obligations, and the holder(s) of such Indebtedness or their agent or representative (1) had no actual knowledge at the time of Incurrence that the Incurrence of such Indebtedness violated this Indenture and (2) shall have received a certificate from an Officer of such Note Guarantor to the effect that the Incurrence of such Indebtedness does not violate the provisions of this Indenture.

  • Second Lien Indebtedness means the Indebtedness of the Loan Parties owing to the Second Lien Agent and the Second Lien Lenders under the Second Lien Credit Agreement, which Indebtedness is on terms and conditions reasonably acceptable to the Collateral Agent.

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

  • Seller Guarantor means (i) [ ] (so long as it qualifies as an Acceptable Guarantor) or (ii) any other Acceptable Guarantor.

  • Co-Issuers The Issuer and the Co-Issuer.

  • Additional Subsidiary Guarantor means each Person that becomes a Subsidiary Guarantor after the Closing Date by execution of an Accession Agreement as provided in Section 6.12.

  • Subsidiary Guaranty Agreement means each unconditional guaranty agreement executed by the Subsidiary Guarantors in favor of the Administrative Agent for the ratable benefit of the Secured Parties, substantially in the form of Exhibit H, as amended, restated, supplemented or otherwise modified from time to time.

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

  • Guarantor Subsidiary means each Guarantor other than Holdings.