Subsidiary Guarantor definition

Subsidiary Guarantor means each Subsidiary that has executed and delivered a Subsidiary Guaranty.

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Subsidiary Guarantor means, collectively, the Subsidiaries of the Borrower that are Guarantors.

Subsidiary Guarantor means any Guarantor other than Holdings.

Examples of Subsidiary Guarantor in a sentence

• The Issuers and the Company will not, and the Company will not permit any Subsidiary Guarantor to, directly or indirectly, incur any Indebtedness that is contractually subordinated in right of payment to any other Indebtedness of the Company, the Issuers or of such Subsidiary Guarantor, as the case may be, unless such Indebtedness is also contractually subordinated in right of payment to the Notes and the applicable Guarantee on substantially the same terms.

• Parent may elect, in its sole discretion, to cause any Subsidiary that is not otherwise required to be a Subsidiary Guarantor to become a Subsidiary Guarantor.

• Notwithstanding the foregoing, the requirements of Section 5.01(b) will not apply to any transaction pursuant to which such Subsidiary Guarantor is automatically released from its Note Guarantee in accordance with the provisions described under Section 10.04.

• Except as set forth in Articles 4 and 5 hereof, and notwithstanding clauses (2)(A) and (B) of Section 10.04(d), nothing contained in this Indenture or in any of the Notes will prevent any consolidation or merger of a Subsidiary Guarantor with or into the Company or another Guarantor, or will prevent any sale or conveyance of the property of a Subsidiary Guarantor as an entirety or substantially as an entirety to the Company or another Guarantor.

More Definitions of Subsidiary Guarantor

Subsidiary Guarantor means each Subsidiary of the Company that is a Guarantor.

Subsidiary Guarantor means any Subsidiary that has issued a Subsidiary Guarantee.

Subsidiary Guarantor means each Subsidiary of the Company that executes this Indenture as a guarantor on the Issue Date and each other Subsidiary of the Company that thereafter guarantees the Securities pursuant to the terms of this Indenture.

Subsidiary Guarantor each Subsidiary of the Borrower other than any Excluded Foreign Subsidiary.

Subsidiary Guarantor means each Restricted Subsidiary that provides a Subsidiary Guarantee in accordance with this Indenture; provided that upon release or discharge of such Restricted Subsidiary from its Subsidiary Guarantee in accordance with this Indenture, such Restricted Subsidiary ceases to be a Subsidiary Guarantor.

Subsidiary Guarantor means each Subsidiary listed on Schedule 1.01(b), and each other Subsidiary that is or becomes a party to this Agreement pursuant to Section 5.11.

Subsidiary Guarantor means each Material Domestic Subsidiary that is a party to the Subsidiary Guaranty. The Subsidiary Guarantors on the Effective Date are identified as such in Schedule 3.01 hereto.