Restricted Guarantor means a Guarantor that is a Restricted Subsidiary.
Restricted Guarantor means a Guarantor that is a Covenant Party or a Restricted Subsidiary.
Restricted Guarantor means a direct Wholly Owned Subsidiary of either Issuer or any Guarantor organized under the laws of a jurisdiction within the United States that (i) is created solely for the purpose of acquiring and owning a direct Foreign Subsidiary and (ii) is prohibited from (A) engaging in any business other than the holding of the capital stock of such Foreign Subsidiary and ancillary activities related thereto or (B) granting a security interest to any Person in any capital stock of such Foreign Subsidiary.
Examples of Restricted Guarantor in a sentence
In the case of Section 5.01(c), the Successor Person shall succeed to, and be substituted for, such Restricted Guarantor under this Indenture and such Restricted Guarantor’s Guarantee thereunder.
Notwithstanding the foregoing, any Restricted Guarantor may merge into or transfer all or part of its properties and assets to another Restricted Guarantor or an Issuer.
More Definitions of Restricted Guarantor
Restricted Guarantor means a US Subsidiary Guarantor that is a Restricted Subsidiary.
Restricted Guarantor means any Guarantor that, as a result of the Applicable Limitations, is not able to guarantee all of the Obligations and/or to xxxxx x Xxxx on substantially all of its assets to secure the repayment of all of the Obligations.
Restricted Guarantor means a direct Wholly Owned Subsidiary of either Issuer or any Guarantor organized under the laws of a jurisdiction within the United States that (i) is created solely for the purpose of acquiring and owning a direct Foreign Subsidiary and (ii) is prohibited from (A) engaging in any business other than the holding of the capital stock of such Foreign Subsidiary and ancillary activities related thereto or (B) granting a security interest to any person in any capital stock of such Foreign Subsidiary.
Restricted Guarantor means any Borrower that accedes to this Agreement pursuant to Clause 22.2 (Acceding Guarantors), which is (i) incorporated, created or organised under the laws of the United States or any State of the United States (including the District of Columbia) and is a “United States person” (as defined in Section 7701(a)(30) of the Code); or (ii) treated for US federal income tax purposes as a disregarded entity that is a branch of such Guarantor.
Restricted Guarantor means each Subsidiary of the Borrower that is a Restricted Subsidiary, as such term is defined under the Senior Note Indenture, and that is a party to this Agreement or required to execute a Joinder Agreement pursuant to Section 6.01(b). "Revolving Credit Commitment" means the commitment of the Lender to make Revolving Loans to the Borrower in an aggregate principal amount at any time outstanding not to exceed $15,000,000, as such amount may be terminated or reduced from time to time in accordance with the terms of this Agreement. "Revolving Credit Note" means a promissory note of the Borrower, substantially in the form of Exhibit A, made payable to the order of the Lender, evidencing the Indebtedness resulting from the making by the Lender to the Borrower of Revolving Loans and delivered to the Lender pursuant to Article IV, as such promissory note may be amended, supplemented, restated, modified or extended from time to time, and any promissory note or notes issued in exchange or replacement therefor. The term "Revolving Credit Note" shall include any Registered Note evidencing the Revolving Loans and delivered pursuant to Section 2.03(c). "Revolving Loan" means a loan made by the Lender to the Borrower pursuant to Section 2.01. "Revolving Loan Commitment Termination Date" means the Final Maturity Date, or such earlier date on which the Revolving Credit Commitment is terminated in full pursuant to Section 2.05 or 8.01. "SEC" means the Securities and Exchange Commission or any other similar or successor agency of the Federal government administering the Securities Act. "Securities Act" means the Securities Act of 1933, as amended, or any similar Federal statute, and the rules and regulations of the SEC thereunder, all as the same shall be in effect at the time. "Securitization" has the meaning specified therefor in Section 2.07. "Securitization Party" has the meaning specified therefor in Section 2.07. "Security Agreements" means, collectively, the Security Agreement made by the Borrower in favor of the Lender, substantially in the form of Exhibit C, the Security Agreement made by each Unrestricted Guarantor in favor of the Lender, substantially in the form of Exhibit D, and the Security Agreement made by each Restricted Guarantor in favor of the Lender, substantially in the form of Exhibit E. "Senior Notes" means the promissory notes issued by the Borrower pursuant to the Senior Note Indenture. "Senior Note Indenture" means the Indenture, dated as of Jun...
Restricted Guarantor means ON Marine Services, Oglebay Engineered Materials, Saginaw, ON Minerals, ON Industrial Sands, and Texas Mining.
Restricted Guarantor means (i) Gale so long as Gale is a Covenant Party or otherwise qualified under clause (ii) of this definition and (ii) each Restricted Subsidiary that Guarantees the Notes in accordance with the terms of this Indenture.