Subsidiary Guarantors definition
Examples of Subsidiary Guarantors in a sentence
The Securities are fully and unconditionally guaranteed by the Subsidiary Guarantors as set forth in Article X of the Base Indenture.
This Security is one of a duly authorized issue of debentures, notes or other evidences of indebtedness of the Issuer (the “Debt Securities”) of the series hereinafter specified, all issued or to be issued under and pursuant to the Indenture, to which Indenture reference is hereby made for a description of the rights, limitations of rights, obligations, duties and immunities thereunder of the Trustee, the Issuer, the Subsidiary Guarantors and the Holders of the Debt Securities.
The Issuer and the Subsidiary Guarantors shall reimburse the Trustee and/or Notes Collateral Agent and Agents upon request for all reasonable out-of-pocket disbursements, expenses and advances incurred or made by it in connection with its duties under this Indenture, including the reasonable compensation, disbursements and expenses of the Trustee’s agents and/or Notes Collateral Agent and their respective counsel.
After payment to the Issuer or the Subsidiary Guarantors or the release of any money held in trust by the Issuer or any Subsidiary Guarantors, as the case may be, Holders entitled to the money must look only to the Issuer and the Subsidiary Guarantors for payment as general creditors unless applicable abandoned property law designates another Person.
The Issuer and the Subsidiary Guarantors shall pay to the Trustee, Notes Collateral Agent and Agents from time to time reasonable compensation for its services hereunder (which compensation shall not be limited by any provision of law in regard to the compensation of a trustee of an express trust) as agreed to from time to time by the Trustee and/or Notes Collateral Agent and the Issuer.