Subsidiary Guarantors means, as of any date, all Subsidiaries of Borrower that have executed the Subsidiary Guaranty (or an addendum thereto in the form attached to the Subsidiary Guaranty), but excluding all Subsidiaries of Borrower that have been released from the Subsidiary Guaranty, and "Subsidiary Guarantor" means any one of the Subsidiary Guarantors.
Subsidiary Guarantors means any Subsidiary of the Company who may execute this Indenture, or a supplement hereto, for the purpose of providing a Guarantee of Debt Securities pursuant to this Indenture until a successor Person shall have become such pursuant to the applicable provisions of this Indenture, and thereafter "Subsidiary Guarantors" shall mean such successor Person.
The delivery of any Debt Security by the Trustee, after the authentication thereof hereunder, shall constitute due delivery of the Guarantee set forth in this Indenture on behalf of the Subsidiary Guarantors.
Each of the Subsidiary Guarantors hereby agrees that the Guarantee set forth in Section 14.01 shall remain in full force and effect notwithstanding any failure to endorse on each Debt Security a notation relating to the Guarantee.
Failing payment when due of any amount so guaranteed or any performance so guaranteed for whatever reason, the Subsidiary Guarantors shall be jointly and severally obligated to pay the same immediately.
Subsidiary Guarantors May Consolidate, Etc., Only on Certain Terms.
All the covenants, stipulations, promises and agreements in this Indenture contained by or in behalf of the Issuers, the Subsidiary Guarantors or the Trustee shall bind their respective successors and assigns, whether so expressed or not.
More definitions of Subsidiary Guarantors
Subsidiary Guarantors means (a) each Subsidiary that, directly or indirectly, owns all or any portion of a Borrowing Base Property; provided, however, upon (i) removal of such Property from the pool of Borrowing Base Properties in accordance with Section 7.14 or (ii) a Borrowing Base Termination Event, such Subsidiary shall, to the extent provided herein, cease to be a Subsidiary Guarantor and (b) any Subsidiary that becomes a Subsidiary Guarantor pursuant to Section 7.13(d).
Subsidiary Guarantors means each person listed on Schedule 1.01(b) and each other person that becomes party to the Guarantee and Collateral Agreement as a Guarantor, and the permitted successors and assigns of each such person.