Common use of Additional Subsidiary Guarantees Clause in Contracts

Additional Subsidiary Guarantees. If, (1) the Company or any of its Subsidiaries acquires or creates another Wholly Owned Subsidiary after the Issue Date and such Wholly Owned Subsidiary Guarantees any Obligations of the Company under the Credit Agreement, or (2) any Wholly Owned Subsidiary that does not Guarantee any Obligations of the Company under the Credit Agreement as of the date of the Indenture subsequently Guarantees any Obligations of the Company under the Credit Agreement, or (3) if there is no Indebtedness of the Company outstanding under the Credit Agreement at that time, any Wholly Owned Subsidiary of the Company (including any newly acquired or created Wholly Owned Subsidiary) Guarantees any Obligations with respect to any other Material Indebtedness of the Company, then such newly acquired or created Wholly Owned Subsidiary or Wholly Owned Subsidiary that subsequently fully and unconditionally Guarantees Obligations under the Credit Agreement or other Material Indebtedness of the Company, as the case may be, will become a Guarantor of the Notes and execute a supplemental indenture in the form attached hereto as Exhibit E and deliver an Opinion of Counsel satisfactory to the trustee within 60 business days of the date on which it was acquired or created or guaranteed other Material Indebtedness of the Company, as the case may be.

Appears in 6 contracts

Samples: Indenture (Clearway Energy LLC), Indenture (Clearway Energy, Inc.), Indenture (Clearway Energy LLC)

AutoNDA by SimpleDocs

Additional Subsidiary Guarantees. If, (1) the Company or any of its Subsidiaries acquires or creates another Wholly Owned Subsidiary after the Issue Date date of this Supplemental Indenture and such Wholly Owned Subsidiary Guarantees any Obligations of the Company under the Credit Agreement, or (2) any Wholly Owned Subsidiary that does not Guarantee any Obligations of the Company under the Credit Agreement as of the date of the this Supplemental Indenture (as amended, restated, modified, renewed, refunded, replaced or refinanced from time to time) subsequently Guarantees any Obligations of the Company under the Credit Agreement, or (3) if there is no Indebtedness of the Company outstanding under the Credit Agreement at that time, any Wholly Owned Subsidiary of the Company (including any newly acquired or created Wholly Owned Subsidiary) Guarantees any Obligations with respect to any other Material Indebtedness of the CompanyAdditional Indebtedness, then such newly acquired or created Wholly Owned Subsidiary or Wholly Owned Subsidiary that subsequently fully and unconditionally Guarantees Obligations under the Credit Agreement or other Material Indebtedness of the CompanyAdditional Indebtedness, as the case may be, will become a Guarantor of the Notes and execute a supplemental indenture in the form attached hereto as Exhibit E and deliver an Opinion of Counsel satisfactory to the trustee Trustee within 60 business days of the date on which it was acquired or created or guaranteed other Material Indebtedness for borrowed money of the Company, as the case may be.

Appears in 5 contracts

Samples: Supplemental Indenture (NRG Energy, Inc.), Supplemental Indenture (NRG Energy, Inc.), Supplemental Indenture (NRG Energy, Inc.)

Additional Subsidiary Guarantees. If, (1) the Company or any of its Subsidiaries acquires or creates another Wholly Owned Subsidiary after the Issue Date date of this Supplemental Indenture and such Wholly Owned Subsidiary Guarantees any Obligations of the Company under the Credit AgreementAgreement (as amended, restated, modified, renewed, refunded, replaced or refinanced from time to time), or (2) any Wholly Owned Subsidiary that does not Guarantee any Obligations of the Company under the Credit Agreement as of the date of the this Supplemental Indenture (as amended, restated, modified, renewed, refunded, replaced or refinanced from time to time) subsequently Guarantees any Obligations of the Company under the Credit Agreement, or (3) if there is no Indebtedness of the Company outstanding under the Credit Agreement (as amended, restated, modified, renewed, refunded, replaced or refinanced from time to time) at that time, any Wholly Owned Subsidiary of the Company (including any newly acquired or created Wholly Owned Subsidiary) Guarantees any Obligations with respect to any other Material Indebtedness of the Company, then such newly acquired or created Wholly Owned Subsidiary or Wholly Owned Subsidiary that subsequently fully and unconditionally Guarantees Obligations under the Credit Agreement or other Material Indebtedness of the Company, as the case may be, will become a Guarantor of the Notes and execute a supplemental indenture in the form attached hereto as Exhibit E F and deliver an Opinion of Counsel satisfactory to the trustee Trustee within 60 business days of the date on which it was acquired or created or guaranteed other Material Indebtedness of the Company, as the case may be.

Appears in 2 contracts

Samples: Third Supplemental Indenture (NRG Energy, Inc.), Supplemental Indenture (NRG Energy, Inc.)

Additional Subsidiary Guarantees. If, (1) the Company or any of its Subsidiaries acquires or creates another Wholly Owned Subsidiary after the Issue Date date of this Indenture and such Wholly Owned Subsidiary Guarantees any Obligations of the Company under the Credit Agreement, or (2) any Wholly Owned Subsidiary that does not Guarantee any Obligations of the Company under the Credit Agreement as of the date of the Indenture subsequently Guarantees any Obligations of the Company under the Credit Agreement, or (3) if there is no Indebtedness of the Company outstanding under the Credit Agreement at that time, any Wholly Owned Subsidiary of the Company (including any newly acquired or created Wholly Owned Subsidiary) Guarantees any Obligations with respect to any other Material Indebtedness of the Company, then such newly acquired or created Wholly Owned Subsidiary or Wholly Owned Subsidiary that subsequently fully and unconditionally Guarantees Obligations under the Credit Agreement or other Material Indebtedness of the Company, as the case may be, will become a Guarantor of the Notes and execute a supplemental indenture in the form attached hereto as Exhibit E F and deliver an Opinion of Counsel satisfactory to the trustee within 60 30 business days of the date on which it was acquired or created or guaranteed other Material Indebtedness of the Company, as the case may be.

Appears in 2 contracts

Samples: Indenture (NRG Yield, Inc.), Indenture (NRG Yield, Inc.)

Additional Subsidiary Guarantees. If, (1) the Company or any of its Subsidiaries acquires or creates another Wholly Owned Subsidiary after the Issue Date date of this Indenture and such Wholly Owned Subsidiary Guarantees any Obligations of the Company under the Credit AgreementAgreement (as amended, restated, modified, renewed, refunded, replaced or refinanced from time to time), or (2) any Wholly Owned Subsidiary that does not Guarantee any Obligations of the Company under the Credit Agreement as of the date of the Indenture (as amended, restated, modified, renewed, refunded, replaced or refinanced from time to time) subsequently Guarantees any Obligations of the Company under the Credit Agreement, or (3) if there is no Indebtedness of the Company outstanding under the Credit Agreement (as amended, restated, modified, renewed, refunded, replaced or refinanced from time to time) at that time, any Wholly Owned Subsidiary of the Company (including any newly acquired or created Wholly Owned Subsidiary) Guarantees any Obligations with respect to any other Material Indebtedness of the Company, then such newly acquired or created Wholly Owned Subsidiary or Wholly Owned Subsidiary that subsequently fully and unconditionally Guarantees Obligations under the Credit Agreement or other Material Indebtedness of the Company, as the case may be, will become a Guarantor of the Notes and execute a supplemental indenture in the form attached hereto as Exhibit E F and deliver an Opinion of Counsel satisfactory to the trustee within 60 30 business days of the date on which it was acquired or created or guaranteed other Material Indebtedness of the Company, as the case may be.

Appears in 1 contract

Samples: Indenture (NRG Energy, Inc.)

AutoNDA by SimpleDocs

Additional Subsidiary Guarantees. If, (1) the Company or any of its Subsidiaries acquires or creates another Wholly Owned Subsidiary after the Issue Date date of this Supplemental Indenture and such Wholly Owned Subsidiary Guarantees any the Obligations of the Company under the Credit Agreement, or (2) any Wholly Owned Subsidiary that does not Guarantee any the Obligations of the Company under the Credit Agreement as of the date of the this Supplemental Indenture (as amended, restated, modified, renewed, refunded, replaced or refinanced from time to time) subsequently Guarantees any the Obligations of the Company under the Credit Agreement, or (3) if there is no Indebtedness of the Company outstanding under the Credit Agreement at that time, any Wholly Owned Subsidiary of the Company (including any newly acquired or created Wholly Owned Subsidiary) Guarantees any the Obligations with respect to any other Material Indebtedness of the CompanyAdditional Indebtedness, then such newly acquired or created Wholly Owned Subsidiary or Wholly Owned Subsidiary that subsequently fully and unconditionally Guarantees Obligations under the Credit Agreement or other Material Indebtedness of the CompanyAdditional Indebtedness, as the case may be, will become a Guarantor of the Notes and execute a supplemental indenture in the form attached hereto as Exhibit E and deliver an Opinion of Counsel satisfactory to the trustee G within 60 business days Business Days of the date on which it was acquired or created or guaranteed other Material Indebtedness for borrowed money of the Company, as the case may be.

Appears in 1 contract

Samples: Supplemental Indenture (NRG Energy, Inc.)

Additional Subsidiary Guarantees. If, (1) the Company or any of its Subsidiaries acquires or creates another Wholly Owned Subsidiary after the Issue Date date of this Second Supplemental Indenture and such Wholly Owned Subsidiary Guarantees any Obligations of the Company under the Credit Agreement, or (2) any Wholly Owned Subsidiary that does not Guarantee any Obligations of the Company under the Credit Agreement as of the date of the this Second Supplemental Indenture (as amended, restated, modified, renewed, refunded, replaced or refinanced from time to time) subsequently Guarantees any Obligations of the Company under the Credit Agreement, or (3) if there is no Indebtedness of the Company outstanding under the Credit Agreement at that time, any Wholly Owned Subsidiary of the Company (including any newly acquired or created Wholly Owned Subsidiary) Guarantees any Obligations with respect to any other Material Indebtedness of the CompanyAdditional Indebtedness, then such newly acquired or created Wholly Owned Subsidiary or Wholly Owned Subsidiary that subsequently fully and unconditionally Guarantees Obligations under the Credit Agreement or other Material Indebtedness of the CompanyAdditional Indebtedness, as the case may be, will become a Guarantor of the Notes and execute a supplemental indenture in the form attached hereto as Exhibit E and deliver an Opinion of Counsel satisfactory to the trustee Trustee within 60 business days of the date on which it was acquired or created or guaranteed other Material Indebtedness for borrowed money of the Company, as the case may be.

Appears in 1 contract

Samples: Second Supplemental Indenture (NRG Energy, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!