Successor Guarantor definition

Successor Guarantor shall have the meaning specified in Section 11.02(a).

Successor Guarantor has the meaning ascribed to it in Section 4.01 hereof.

Successor Guarantor has the meaning assigned to such term in Section 5.01(b)(1).

Examples of Successor Guarantor in a sentence

• Assignment of the guaranty will not be permitted except with the prior written consent of PECO, except in the case of a Successor Guarantor as defined below (see sample assignment language).

• By executing and delivering this Assumption Agreement, the Successor Guarantor, as provided in Section 3.12 of the Guarantee Agreement, hereby becomes a party to the Guarantee Agreement as a Guarantor thereunder with the same force and effect as if originally named therein as a Guarantor and, without limiting the generality of the foregoing, hereby expressly assumes all obligations and liabilities of a Guarantor thereunder.

• The Successor Guarantor shall mail to the holder of this Note a notice describing the supplemental Note.

• The Successor Guarantor shall mail to Warrant holders a notice describing the supplemental Warrant Agreement.

• Except as otherwise provided in the PIK Notes Indenture, the Successor Guarantor (if other than such Guarantor) will succeed to, and be substituted for, such Guarantor under the PIK Notes Indenture and such Guarantor's Guarantee, and such Guarantor will automatically be released and discharged from its obligations under the PIK Notes Indenture and such Guarantor's Guarantee.

More Definitions of Successor Guarantor

Successor Guarantor has the meaning specified in Section 8.02 of this Indenture.

Successor Guarantor is defined in Section 7.10.

Successor Guarantor has the meaning provided in Section 3.06(i).

Successor Guarantor has the meaning specified in Section 7.04(b)(i).

Successor Guarantor means any Person(s) who have executed and delivered an Endorsement in accordance with Section 5.04(a) or Section 5.04(b).

Successor Guarantor has the meaning specified in Section 8.01(a).

Successor Guarantor as defined in Section 6.8(c).