Common use of Additional Restricted Subsidiaries Clause in Contracts

Additional Restricted Subsidiaries. To the extent required by Section 5.10 of the First Lien Credit Agreement, a Restricted Subsidiary shall become a Guarantor hereunder with the same force and effect as if originally named as a Guarantor herein, and such Restricted Subsidiary shall execute and deliver to the Administrative Agent a Guaranty Supplement. Upon execution and delivery by the Administrative Agent and a Restricted Subsidiary of a Guaranty Supplement, such Restricted Subsidiary shall become a Guarantor hereunder with the same force and effect as if originally named as a Guarantor herein. The execution and delivery of any such instrument shall not require the consent of any other Guarantor hereunder. The rights and obligations of each Guarantor hereunder shall remain in full force and effect notwithstanding the addition of any new Guarantor as a party to this Agreement.

Appears in 3 contracts

Samples: First Lien Term Loan Credit Agreement (BJ's Wholesale Club Holdings, Inc.), First Lien Term Loan Credit Agreement (BJ's Wholesale Club Holdings, Inc.), First Lien Term Loan Credit Agreement (BJ's Wholesale Club Holdings, Inc.)

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Additional Restricted Subsidiaries. To the extent required by Section 5.10 6.11 of the First Lien Credit Agreement, a Restricted Subsidiary shall become be a Guarantor hereunder with the same force and effect as if originally named as a Guarantor herein, and such Restricted Subsidiary shall execute and deliver to the Administrative Agent a Guaranty Guarantee Supplement. Upon execution and delivery by the Administrative Agent and a Restricted Subsidiary of a Guaranty Guarantee Supplement, such Restricted Subsidiary shall become a Guarantor hereunder with the same force and effect as if originally named as a Guarantor herein. The execution and delivery of any such instrument shall not require the consent of any other Guarantor hereunder. The rights and obligations of each Guarantor hereunder shall remain in full force and effect notwithstanding the addition of any new Guarantor as a party to this Agreement.

Appears in 1 contract

Samples: Credit Agreement (WisdomTree Investments, Inc.)

Additional Restricted Subsidiaries. To the extent required by Section 5.10 of the First Second Lien Credit Agreement, a Restricted Subsidiary shall become a Guarantor hereunder with the same force and effect as if originally named as a Guarantor herein, and such Restricted Subsidiary shall execute and deliver to the Administrative Agent a Guaranty Supplement. Upon execution and delivery by the Administrative Agent and a Restricted Subsidiary of a Guaranty Supplement, such Restricted Subsidiary shall become a Guarantor hereunder with the same force and effect as if originally named as a Guarantor herein. The execution and delivery of any such instrument shall not require the consent of any other Guarantor hereunder. The rights and obligations of each Guarantor hereunder shall remain in full force and effect notwithstanding the addition of any new Guarantor as a party to this Agreement.

Appears in 1 contract

Samples: Second Lien Term Loan Credit Agreement (BJ's Wholesale Club Holdings, Inc.)

Additional Restricted Subsidiaries. To the extent Each Restricted Subsidiary that is required by to become a Guarantor pursuant to Section 5.10 6.11 of the First Lien Credit Agreement, a together with any Parent Company or other Restricted Subsidiary shall become a Guarantor hereunder with that the same force and effect as if originally named as a Guarantor hereinBorrower causes, and such Restricted Subsidiary shall execute and deliver in its sole discretion to Guarantee the Administrative Agent a Guaranty Supplement. Upon Obligations pursuant hereto, shall, upon execution and delivery by the Administrative Agent and a such Restricted Subsidiary or Parent Company of a Guaranty Supplement, such Restricted Subsidiary shall become a Guarantor hereunder with the same force and effect as if originally named as a Guarantor herein. The execution and delivery of any such instrument shall not require the consent of any other signatory hereto or Guarantor hereunder. The rights and obligations of each Guarantor hereunder shall remain in full force and effect notwithstanding the addition of any new Guarantor as a party to this Agreement.

Appears in 1 contract

Samples: Credit Agreement (Life Time Group Holdings, Inc.)

Additional Restricted Subsidiaries. To the extent required by Section 5.10 of the First Lien Credit Agreement, a Restricted Subsidiary shall become be a Guarantor hereunder with the same force and effect as if originally named as a Guarantor herein, and such Restricted Subsidiary shall execute and deliver to the Administrative Agent a Guaranty Supplement. Upon execution and delivery by the Administrative Agent and a Restricted Subsidiary of a Guaranty Supplement, such Restricted Subsidiary shall become a Guarantor hereunder with the same force and effect as if originally named as a Guarantor herein. The execution and delivery of any such instrument shall not require the consent of any other Guarantor hereunder. The rights and obligations of each Guarantor hereunder shall remain in full force and effect notwithstanding the addition of any new Guarantor as a party to this Agreement.

Appears in 1 contract

Samples: Guaranty (Hemisphere Media Group, Inc.)

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Additional Restricted Subsidiaries. To the extent required by Section 5.10 6.11 of the First Lien Credit Agreement, a Restricted Subsidiary shall become be a Guarantor hereunder with the same force and effect as if originally named as a Guarantor herein, and such Restricted Subsidiary shall execute and deliver to the Administrative Agent a Guaranty Supplement. Upon execution and delivery by the Administrative Agent and a Restricted Subsidiary of a Guaranty Supplement, such Restricted Subsidiary shall become a Guarantor hereunder with the same force and effect as if originally named as a Guarantor herein. The execution and delivery of any such instrument shall not require the consent of any other Guarantor hereunder. The rights and obligations of each Guarantor hereunder shall remain in full force and effect notwithstanding the addition of any new Guarantor as a party to this Agreement.

Appears in 1 contract

Samples: Guaranty (SoulCycle Inc.)

Additional Restricted Subsidiaries. To the extent required by Section 5.10 Section5.09 of the First Lien Credit Agreement, a Restricted Subsidiary shall become be a Guarantor hereunder with the same force and effect as if originally named as a Guarantor herein, and such Restricted Subsidiary shall execute and deliver to the Administrative Agent a Guaranty Supplement. Upon execution and delivery by the Administrative Agent and a Restricted Subsidiary of a Guaranty Supplement, such Restricted Subsidiary shall become a Guarantor hereunder with the same force and effect as if originally named as a Guarantor herein. The execution and delivery of any such instrument shall not require the consent of any other Guarantor hereunder. The rights and obligations of each Guarantor hereunder shall remain in full force and effect notwithstanding the addition of any new Guarantor as a party to this Agreement.

Appears in 1 contract

Samples: Restatement Agreement (Delphi Automotive PLC)

Additional Restricted Subsidiaries. To the extent required by Section 5.10 5.09 of the First Lien Credit Agreement, a Restricted Subsidiary shall become be a Guarantor hereunder with the same force and effect as if originally named as a Guarantor herein, and such Restricted Subsidiary shall execute and deliver to the Administrative Agent a Guaranty Supplement. Upon execution and delivery by the Administrative Agent and a Restricted Subsidiary of a Guaranty Supplement, such Restricted Subsidiary shall become a Guarantor hereunder with the same force and effect as if originally named as a Guarantor herein. The execution and delivery of any such instrument shall not require the consent of any other Guarantor hereunder. The rights and obligations of each Guarantor hereunder shall remain in full force and effect notwithstanding the addition of any new Guarantor as a party to this Agreement.

Appears in 1 contract

Samples: Credit Agreement (Delphi Technologies PLC)

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