Designated Guarantor has the meaning set forth in Section 2.16.
Designated Guarantor means (i) any of the following Subsidiary Guarantors: Inversiones Vilazul S.A.S, Playa Romana Mar B.V., Playa Cana B.V. and Playa Hall Jamaican Resort Limited and (ii) any other Restricted Subsidiary which becomes the owner of the Hotel Real Property owned by any Subsidiary Guarantor listed in clause (i) of this definition on the Closing Date.
Designated Guarantor shall have the meaning assigned to such term in Section 5.12(b).
Examples of Designated Guarantor in a sentence
Such information relating to the organization, operations and finances of such Designated Guarantor as the Administrative Agent shall reasonably request.
Firstly, eight bioslurry samples prepared from suspending of fine biochar particles into two types of bio-oil with different loading level of biochar (see Section 3.3.1.2) at room temperature.
The parties hereto agree that any New Subsidiary or Designated Guarantor, as the case may be, shall constitute a Credit Party for all purposes hereunder as of the date of the execution and delivery of any joinder contemplated by clause (a) above or the date such New Subsidiary or Designated Guarantor, as the case may be, provides any guarantee of the Obligations as contemplated by Section5.12.
More Definitions of Designated Guarantor
Designated Guarantor shall have the meaning assigned to such term in the definition of “Guarantors”.
Designated Guarantor has the meaning assigned to such term in the definition of “Excluded Subsidiary”.
Designated Guarantor means each Guarantor with assets included in the Borrowing Base and designated on Schedule 1.01(d) hereto as a “Designated Guarantor”, which Schedule may be amended by the Company from time to time by delivery of an updated Schedule (identified as such) to the Agent.
Designated Guarantor shall have the meaning set forth in Section 8.4 hereof.
Designated Guarantor is defined in Section 5.13. “Disclosure Letter” means the disclosure letter, dated the Tranche A Closing Date, delivered by the Credit Parties to the Collateral Agent, as updated on each applicable subsequent Closing Date (if required and as permitted). “Disqualified Equity Interest” means any Equity Interest that, by its terms (or by the terms of any security or other Equity Interests into which it is convertible or for which it is exchangeable) or upon the happening of any event or condition: (a) matures or is mandatorily redeemable, pursuant to a sinking fund obligation or otherwise (except if redeemable or convertible into other Equity Interest that would not constitute a Disqualified Equity Interest or as a result of a change of control, asset sale or similar event so long as any and all rights of the holders thereof upon the occurrence of a change of control, asset sale or similar event shall be subject to the prior repayment in full in cash of the Term Loans and the satisfaction in full of all other Obligations (other than inchoate indemnity obligations) in accordance with the terms of this Agreement); (b) is redeemable at the option of the holder thereof, in whole or in part (except if redeemable or convertible into other Equity Interest that would not constitute a Disqualified Equity Interest or as a result of a change of control, asset sale or similar event so long as any rights of the holders thereof upon the occurrence of a change of control, asset sale or similar event shall be subject to the prior repayment in full in cash of the Term Loans and the satisfaction in full of all other Obligations (other than inchoate indemnity obligations) in accordance with this Agreement); (c) provides for the scheduled payments of dividends or distributions in cash; or (d) is convertible into or exchangeable for (i) Indebtedness which is not Permitted Indebtedness or (ii) any other Equity Interest that would constitute a Disqualified Equity Interest; in each case described in clauses (a) through (d) above, prior to the date that is 180 days after the Term Loan Maturity Date; provided that, if any such Equity Interest is issued pursuant to any plan for the benefit of any employee, director, manager or consultant of Borrower or its Subsidiaries or by any such plan to such employee, director, manager or consultant, such Equity Interest shall not constitute a “Disqualified Equity Interest” solely because it may be required to be repurchased by Borrower or its Sub...
Designated Guarantor means (i) any of the following Subsidiary Guarantors: Inversiones Vilazul S.A.S, Playa Romana Mar B.V., Playa CanaB.V. and Playa Hall Jamaican Resort Limited and (ii) any other Restricted Subsidiary which becomes the owner of the Hotel Real Property owned by any Subsidiary Guarantor listed in clause (i) of this definition on the Closing Date.
Designated Guarantor means any wholly-owned Subsidiary of Guarantor required to provide a Subsidiary Guaranty pursuant to Section 18 of the Guaranty, other than any such Designated Guarantor that has ceased to be a Designated Guarantor as provided in Section 18 of the Guaranty.