Subsidiary Guarantor definition

Subsidiary Guarantor means each Subsidiary that has executed and delivered a Subsidiary Guaranty.
Subsidiary Guarantor means each Guarantor that is a Subsidiary of the Borrower.
Subsidiary Guarantor means any Guarantor other than Holdings.

Examples of Subsidiary Guarantor in a sentence

  • To evidence a Note Guarantee set forth in Section 18.01, each Subsidiary Guarantor shall execute this Indenture or, if after the date hereof, a supplemental indenture pursuant to which it will agree to be a Subsidiary Guarantor and become bound by the terms of this Indenture applicable to Subsidiary Guarantors, including without limitation, this Article 18.

  • Each Subsidiary Guarantor that makes a payment under its Note Guarantee shall be entitled upon payment in full of all Note Guaranteed obligations under this Indenture to a contribution from each other Subsidiary Guarantor in an amount equal to such other Subsidiary Guarantor’s pro rata portion of such payment based on the respective net assets of all the Subsidiary Guarantors at the time of such payment determined in accordance with U.S. GAAP.

  • Each Subsidiary Guarantor acknowledges that it will receive direct and indirect benefits from the financing arrangements contemplated by this Indenture and that the guarantee and waivers made by it pursuant to its Note Guarantee are knowingly made in contemplation of such benefits.

  • Each Subsidiary Guarantor agrees that this is a guarantee of payment and not a guarantee of collection.

  • The Trustee and Collateral Agent shall have no duty to ascertain or inquire as to the performance or observance of any of the terms of this Indenture or the Related Collateral Documents by the Company or any Subsidiary Guarantor.

More Definitions of Subsidiary Guarantor

Subsidiary Guarantor means any Subsidiary of the Company that provides a Guarantee of the obligations of the Company with respect to any series of Securities or enters into a Guaranty Agreement that becomes a Subsidiary Guarantor.
Subsidiary Guarantor means any Subsidiary that has issued a Subsidiary Guarantee.
Subsidiary Guarantor each Subsidiary of the Borrower other than any Excluded Foreign Subsidiary.
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.
Subsidiary Guarantor means, collectively, the Restricted Subsidiaries of the Borrower that are Guarantors.
Subsidiary Guarantor means any Domestic Subsidiary that executes and delivers a counterpart of the Subsidiary Guaranty on the Closing Date or from time to time thereafter pursuant to subsection 6.7.