Subsidiary Guaranty Agreement definition
Examples of Subsidiary Guaranty Agreement in a sentence
No Subsidiary that becomes a Subsidiary Loan Party shall thereafter cease to be a Subsidiary Loan Party or be entitled to be released or discharged from its obligations under the Subsidiary Guaranty Agreement unless otherwise permitted pursuant to the terms and provisions of this Agreement.
Each Loan Party hereby acknowledges, ratifies, reaffirms and confirms its continuing obligations to the Administrative Agent and the Secured Parties under the Security Documents and agrees that the transactions contemplated by this Amendment shall not in any way affect the validity and enforceability of the Subsidiary Guaranty Agreement, or reduce, impair or discharge the obligations of each Loan Party thereunder.
Each Guarantor hereby acknowledges that the 2026 Extended Revolving Credit Loans constitute (and shall be included in the definition of) “Guarantied Obligations” under the Subsidiary Guaranty Agreement.