Subordinated Guarantors definition

Subordinated Guarantors each have the meaning set forth in the preamble to this Guaranty.

Subordinated Guarantors has the meaning ascribed to such term in the Subordinated Indenture.

Subordinated Guarantors means, as of the date of this Agreement, each of the companies listed in Schedule 2 as Subordinated Guarantors and thereafter shall also mean such companies as may execute a Subordinated Guaranty pursuant to Section 9.1(t) or otherwise;

Examples of Subordinated Guarantors in a sentence

• The New Subordinated Guarantor hereby agrees, jointly and severally with all existing Subordinated Guarantors (if any), to unconditionally guarantee the Issuer’s Obligations under the Securities and the Indenture on the terms and subject to the conditions set forth in Article X and Article XI of the Indenture and to be bound by all other applicable provisions of the Indenture and the Securities and to perform all of the obligations and agreements of a Subordinated Guarantor under the Indenture.

• All notices or other communications to the New Subordinated Guarantors shall be given as provided in Section 13.02 of the Indenture.

• The Trustee shall not be responsible in any manner whatsoever for or in respect of the recitals contained herein, all of which recitals are made solely by the Issuer and the New Subordinated Guarantors.

• This Agreement and the other Loan Documents represent the agreement of the Newco Subordinated Guarantors, the Shared Collateral Agent and the Shared Collateral Secured Parties with respect to the subject matter hereof and thereof, and there are no promises, undertakings, representations or warranties by the Shared Collateral Agent or any Shared Collateral Secured Party relative to subject matter hereof and thereof not expressly set forth or referred to herein or in the other Loan Documents.

• Each Newco Subordinated Guarantor waives diligence, presentment, protest, demand for payment and notice of default or nonpayment to or upon any of the Borrowers or any of the Newco Subordinated Guarantors with respect to the Borrower Obligations.

More Definitions of Subordinated Guarantors

Subordinated Guarantors. Star Sportswear Manufacturing Corp., Washington Holding Company, The Scranton Outlet Corporation, PTI Top Company, Inc., Clipper Mist, Inc., PTI Holding Corp., London Fog Sportswear, Inc., The Xxxxxxx Corporation, Xxxxxxx Manufacturing Co., Inc. and Pacific Trail, Inc.

Subordinated Guarantors shall have the meaning provided in Section 1.01.

Subordinated Guarantors means L1E Funding GmbH, L1E Acquisitions GmbH, the Company, DEA Speicher GmbH, DEA International GmbH, DEA Norge, DEA Suez GmbH and DEA Nile GmbH;

Subordinated Guarantors means Lucite Holdings and Holdco and any other Subsidiary which is a guarantor of the Notes (other than the Senior Guarantors), including any Person that is required after the date of the Indenture to execute a Subordinated 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.

Subordinated Guarantors means Lucite International Holdings Limited and Lucite International Holdco Limited and any other Subsidiary which is a guarantor of the Securities (other than the Senior Guarantors), including any Person that is required after the date of this Indenture to execute a Subordinated 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.

Subordinated Guarantors means (1) RGHL, BP I and the Restricted Subsidiaries that enter into this Senior Subordinated Notes Indenture on the Issue Date (other than the US Issuer) and (2) any Person that subsequently becomes a Subordinated Guarantor in accordance with the terms of this Senior Subordinated Notes Indenture; provided, however, that upon the release or discharge of such Person from its Subordinated Guarantee in accordance with this Senior Subordinated Notes Indenture, such Person shall cease to be a Subordinated Guarantor.

Subordinated Guarantors means (a) with respect to the Bridge Loans, each of the Guarantors, to the extent legally permissible; and (b) with respect to the High Yield Notes, the Company and certain Guarantors, to the extent legally permissible.