Sibling Guarantors definition

Sibling Guarantors means (a) Southwest Gaming Services, Inc., (b) Southwest Services, Inc., (c) Green Valley Station, Inc., (d) Tropicana Station, Inc., and (e) any other future Restricted Subsidiary that (i) is a Wholly-Owned Subsidiary and (ii) is not an Immaterial Subsidiary.
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Sibling Guarantors means, collectively, Durango, Gold Rush Station, LLC, Green Valley Station, Inc., GV Ranch Station, Magic Star Station, LLC, Palms Station, LLC, Rancho Station, LLC, Station California, LLC, Station Holdings, Inc., Town Center Station, LLC, Tropicana Station, Inc., Vista Holdings, LLC, and any other future Restricted Subsidiary that (i) is a Wholly-Owned Subsidiary and (ii) is not an Immaterial Subsidiary.
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Sibling Guarantors means (a) Safeskin Corporation (Thailand) Limited, a Thailand corporation, and (b) any other Subsidiary of Parent from time to time designated by the Requisite Lenders.
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Examples of Sibling Guarantors in a sentence

  • The Obligations shall be secured by the Collateral pursuant to the Collateral Documents and be guaranteed by Parent pursuant to the Parent Guaranty and by the Sibling Guarantors pursuant to the Sibling Guaranty.

  • Parent is a corporation duly formed, validly existing and in good standing under the Laws of Nevada and each of the Sibling Guarantors is a corporation duly formed, validly existing and in good standing under the Laws of its state of incorporation.

  • Schedule 4.8 sets forth all trademarks, trade names and trade styles used by Parent, Borrowers and the Sibling Guarantors at any time within the five year period ending on the Closing Date and sets forth the owner of record thereof.

  • Each of the undersigned represents and warrants to the Administrative Agent and the Lenders that the Third Amended and Restated Sibling Guaranty dated as of December 15, 2005, by the Sibling Guarantors in favor of the Administrative Agent, as amended, remains in full force and effect in accordance with its terms.

  • The Obligations shall be secured by the Collateral pursuant to the Collateral Documents and be guaranteed by Parent pursuant to the Amended and Restated Parent Guaranty and by the Sibling Guarantors pursuant to the Amended and Restated Sibling Guaranty.

  • The Obligations shall be secured by the Collateral pursuant to the Collateral Documents and be guaranteed by Parent pursuant to the Second Amended and Restated Parent Guaranty and by the Sibling Guarantors pursuant to the Second Amended and Restated Sibling Guaranty.

  • Parent is a corporation duly formed, validly existing and in good standing under the Laws of Nevada and each of the Sibling Guarantors is duly formed, validly existing and in good standing under the Laws of its state of formation.

  • The Obligations shall be secured by the Collateral pursuant to the Collateral Documents and be guaranteed by Parent pursuant to the Third Amended and Restated Parent Guaranty and by the Sibling Guarantors pursuant to the Third Amended and Restated Sibling Guaranty.

  • Without limitation on the foregoing, Parent and its Subsidiaries shall not permit the aggregate book value (as reasonably determined by Borrowers) of the assets of all Immaterial Subsidiaries to be in excess of $200,000,000, and shall promptly re-designate one or more Immaterial Subsidiaries as Sibling Guarantors in the event that such limit is exceeded.


More Definitions of Sibling Guarantors

Sibling Guarantors means, collectively, Green Valley Station, Inc., GV Ranch Station, Inc., Tropicana Station, Inc., Palms Station, LLC, Sunset Station Leasing Company, LLC, Durango Station, Inc., Station Holdings, Inc., Vista Holdings, LLC, Red Rock Station Holdings, LLC, Charleston Station, Inc. and any other future Restricted Subsidiary that (i) is a Wholly-Owned Subsidiary and (ii) is not an Immaterial Subsidiary.
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Related to Sibling Guarantors

  • Funding Guarantors as defined in Section 7.2.

  • Contributing Guarantors as defined in Section 7.2.

  • Excess Funding Guarantor means, in respect of any Guaranteed Obligations, a Subsidiary Guarantor that has paid an amount in excess of its Pro Rata Share of such Guaranteed Obligations, (ii) “Excess Payment” means, in respect of any Guaranteed Obligations, the amount paid by an Excess Funding Guarantor in excess of its Pro Rata Share of such Guaranteed Obligations and (iii) “Pro Rata Share” means, for any Subsidiary Guarantor, the ratio (expressed as a percentage) of (x) the amount by which the aggregate fair saleable value of all properties of such Subsidiary Guarantor (excluding any shares of stock or other equity interest of any other Subsidiary Guarantor) exceeds the amount of all the debts and liabilities of such Subsidiary Guarantor (including contingent, subordinated, unmatured and unliquidated liabilities, but excluding the obligations of such Subsidiary Guarantor hereunder and any obligations of any other Subsidiary Guarantor that have been Guaranteed by such Subsidiary Guarantor) to (y) the amount by which the aggregate fair saleable value of all properties of the Borrower and all of the Subsidiary Guarantors exceeds the amount of all the debts and liabilities (including contingent, subordinated, unmatured and unliquidated liabilities, but excluding the obligations of the Obligors hereunder) of the Borrower and all of the Subsidiary Guarantors, determined (A) with respect to any Subsidiary Guarantor that is a party hereto on the date hereof, as of the date hereof, and (B) with respect to any other Subsidiary Guarantor, as of the date such Subsidiary Guarantor becomes a Subsidiary Guarantor hereunder.

  • Funding Guarantor as defined in Section 7.2.

  • Non-Paying Guarantor has the meaning assigned to such term in Section 10.11.