Common use of Additional Subsidiary Guarantors Clause in Contracts

Additional Subsidiary Guarantors. Pursuant to Section 5.11 of the Credit Agreement, each Domestic Subsidiary that was not in existence on the date of the Credit Agreement is required to enter into this Agreement as a Subsidiary Guarantor upon becoming a Domestic Subsidiary. Upon execution and delivery after the date hereof by the Collateral Agent and such a Subsidiary of a Supplement in the form of Annex 1, such Subsidiary shall become a Subsidiary Guarantor hereunder with the same force and effect as if originally named as a Subsidiary Guarantor herein. The execution and delivery of any Supplement adding an additional Subsidiary Guarantor as a party to this Agreement shall not require the consent of any other Subsidiary Guarantor hereunder. The rights and obligations of each Subsidiary Guarantor hereunder shall remain in full force and effect notwithstanding the addition of any new Subsidiary Guarantor as a party to this Agreement.

Appears in 2 contracts

Samples: Subsidiary Guarantee Agreement (Applied Power Inc), Subsidiary Guarantee Agreement (Actuant Corp)

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Additional Subsidiary Guarantors. Pursuant to Section 5.11 5.12 of --------------------------------- the Credit Agreement, each Domestic Subsidiary of Holdings which is also a Subsidiary Loan Party that was not in existence or not a Subsidiary on the date of the Credit Agreement is required to enter into this Agreement as a Subsidiary Guarantor upon becoming a Domestic Subsidiary. Upon execution and delivery after the date hereof by the Collateral Agent and such a Subsidiary of a Supplement an instrument in the form of Annex 1, such Subsidiary shall become a Subsidiary Guarantor hereunder with the same force and effect as if originally named as a Subsidiary Guarantor herein. The execution and delivery of any Supplement instrument adding an additional Subsidiary Guarantor as a party to this Agreement shall not require the consent of any other Subsidiary Guarantor hereunder. The rights and obligations of each Subsidiary Guarantor hereunder shall remain in full force and effect notwithstanding the addition of any new Subsidiary Guarantor as a party to this Agreement.

Appears in 2 contracts

Samples: Guarantee Agreement (Laralev Inc), Guarantee Agreement (Advance Stores Co Inc)

Additional Subsidiary Guarantors. Pursuant to Section 5.11 5.09 of the Five Year Credit Agreement, each Domestic applicable Subsidiary of the Company that was not in existence or not such a Subsidiary on the date of the Five Year Credit Agreement is required to enter into this Agreement as a Subsidiary Guarantor upon becoming such a Domestic Subsidiary. Upon execution and delivery delivery, after the date hereof hereof, by the Collateral Administrative Agent and such a Subsidiary of a Supplement an instrument in the form of Annex 11 hereto, such Subsidiary shall become a Subsidiary Guarantor hereunder with the same force and effect as if originally named as a Subsidiary Guarantor hereinhereunder. The execution and delivery of any Supplement instrument adding an additional Subsidiary Guarantor as a party to this Agreement shall not require the consent of any other Subsidiary Guarantor hereunder. The rights and obligations of each Subsidiary Guarantor hereunder shall remain in full force and effect notwithstanding the addition of any new Subsidiary Guarantor as a party to this Agreement.

Appears in 2 contracts

Samples: Five Year Credit Agreement (Edwards Lifesciences Corp), Five Year Credit Agreement (Edwards Lifesciences Corp)

Additional Subsidiary Guarantors. Pursuant to Section 5.11 5.12 of the Credit Agreement, each Domestic Subsidiary that was not in existence on the date of the Credit Agreement is required to enter into this Agreement as a Subsidiary Guarantor upon becoming a Domestic Subsidiary. Upon execution and delivery after the date hereof by the Collateral Agent and such a Subsidiary of a Supplement an instrument in the form of Annex 1, such Subsidiary shall become a Subsidiary Guarantor hereunder with the same force and effect as if originally named as a Subsidiary Guarantor herein. The execution and delivery of any Supplement instrument adding an additional Subsidiary Guarantor as a party to this Agreement shall not require the consent of any other Subsidiary Guarantor hereunder. The rights and obligations of each Subsidiary Guarantor hereunder shall remain in full force and effect notwithstanding the addition of any new Subsidiary Guarantor as a party to this Agreement.

Appears in 2 contracts

Samples: Security Agreement (Hechinger Co), Credit Agreement (Hechinger Co)

Additional Subsidiary Guarantors. Pursuant to Section 5.11 the Second Priority Debt Documents, certain Domestic Subsidiaries of the Credit Agreement, each Domestic Subsidiary Borrower that was were not in existence on the date of the Credit Agreement is Second Priority Debt Documents are required to enter into this Agreement as a Subsidiary Guarantor upon becoming a Domestic Subsidiary. Upon execution and delivery after the date hereof by the Second Priority Collateral Agent Trustee and such a Subsidiary of a Supplement an instrument in the form of Annex 1, such Subsidiary shall become a Subsidiary Guarantor hereunder with the same force and effect as if originally named as a Subsidiary Guarantor herein. The execution and delivery of any Supplement instrument adding an additional Subsidiary Guarantor as a party to this Agreement shall not require the consent of any other Subsidiary Guarantor hereunder. The rights and obligations of each Subsidiary Guarantor hereunder shall remain in full force and effect notwithstanding the addition of any new Subsidiary Guarantor as a party to this Agreement.

Appears in 1 contract

Samples: Second Priority Subsidiary Guarantee (Rite Aid Corp)

Additional Subsidiary Guarantors. Pursuant to Section 5.11 the Second Priority Debt Documents, certain Domestic Subsidiaries of the Credit Agreement, each Domestic Subsidiary Borrower that was were not in existence on the date of the Credit Agreement is Restatement Effective Date are required to enter into this Agreement as a Subsidiary Guarantor upon becoming a wholly owned Domestic Subsidiary. Upon execution and delivery after the date hereof Restatement Effective Date by the Second Priority Collateral Agent Trustee and such a Subsidiary of a Supplement an instrument in the form of Annex 1, such Subsidiary shall become a Subsidiary Guarantor hereunder with the same force and effect as if originally named as a Subsidiary Guarantor herein. The execution and delivery of any Supplement instrument adding an additional Subsidiary Guarantor as a party to this Agreement shall not require the consent of any other Subsidiary Guarantor hereunder. The rights and obligations of each Subsidiary Guarantor hereunder shall remain in full force and effect notwithstanding the addition of any new Subsidiary Guarantor as a party to this Agreement.

Appears in 1 contract

Samples: Second Priority Subsidiary Guarantee Agreement (Rite Aid Corp)

Additional Subsidiary Guarantors. Pursuant to Section 5.11 5.10 of the Credit Agreement, each Domestic Subsidiary that was not in existence on the date of the Credit Agreement Second Restatement Closing Date is required to enter into this Agreement as a Subsidiary Guarantor upon becoming such a Domestic Subsidiary. Upon execution and delivery delivery, after the date hereof hereof, by the Collateral Agent and such a Subsidiary of a Supplement an instrument in the form of Annex 11 hereto, such Subsidiary shall become a Subsidiary Guarantor hereunder with the same force and effect as if originally named as a Subsidiary Guarantor hereinhereunder. The execution and delivery of any Supplement instrument adding an additional Subsidiary Guarantor as a party to this Agreement shall not require the consent of any other Subsidiary Guarantor hereunder. The rights and obligations of each Subsidiary Guarantor hereunder shall remain in full force and effect notwithstanding the addition of any new Subsidiary Guarantor as a party to this Agreement.

Appears in 1 contract

Samples: Cross Country Inc

Additional Subsidiary Guarantors. Pursuant to Section 5.11 of the Credit Agreement, each Domestic Subsidiary that was not in existence or was not a Domestic Subsidiary on the date of the Credit Agreement is required to enter into this Agreement as a Subsidiary Guarantor upon becoming a Domestic Subsidiary. Upon execution and delivery after the date hereof by the Collateral Agent and such a Subsidiary of a Supplement an instrument in the form of Annex 1, such Subsidiary shall become a Subsidiary Guarantor hereunder with the same force and effect as if originally named as a Subsidiary Guarantor herein. The execution and delivery of any Supplement instrument adding an additional Subsidiary Guarantor as a party to this Agreement shall not require the consent of any other Subsidiary Guarantor hereunder. The rights and obligations of each Subsidiary Guarantor hereunder shall remain in full force and effect notwithstanding the addition of any new Subsidiary Guarantor as a party to this Agreement.

Appears in 1 contract

Samples: Guarantee Agreement (Terex Corp)

Additional Subsidiary Guarantors. Pursuant to Section 5.11 5.09 of the Credit Agreement, each Domestic Restricted Subsidiary that was not in existence on the date of the Credit Agreement is required to enter into this Agreement as a Subsidiary Guarantor upon becoming such a Domestic Subsidiary. Upon execution and delivery delivery, after the date hereof hereof, by the Collateral Agent and such a Subsidiary of a Supplement an instrument in the form of Annex 11 hereto, such Subsidiary shall become a Subsidiary Guarantor hereunder with the same force and effect as if originally named as a Subsidiary Guarantor hereinhereunder. The execution and delivery of any Supplement instrument adding an additional Subsidiary Guarantor as a party to this Agreement shall not require the consent of any other Subsidiary Guarantor hereunder. The rights and obligations of each Subsidiary Guarantor hereunder shall remain in full force and effect notwithstanding the addition of any new Subsidiary Guarantor as a party to this Agreement.

Appears in 1 contract

Samples: Contribution Agreement (Playboy Enterprises Inc)

Additional Subsidiary Guarantors. Pursuant to Section 5.11 5.09 of the Credit Agreement, each Domestic Subsidiary that is a Material Subsidiary of the Canadian Parent that was not in existence a Material Subsidiary on the date of the Credit Agreement is required to enter into this Agreement as a Subsidiary Guarantor upon becoming a Domestic SubsidiaryGuarantor. Upon execution and delivery after the date hereof by the Canadian Collateral Agent and such a Subsidiary of a Supplement an instrument in the form of Annex 1, such Subsidiary shall become a Subsidiary Guarantor hereunder with the same force and effect as if originally named as a Subsidiary Guarantor herein. The execution and delivery of any Supplement instrument adding an additional Subsidiary Guarantor as a party to this Agreement shall not require the consent of any other Subsidiary Guarantor hereunder. The rights and obligations of each Subsidiary Guarantor hereunder shall remain in full force and effect notwithstanding the addition of any new Subsidiary Guarantor as a party to this Agreement.

Appears in 1 contract

Samples: Security Agreement (Oil States International, Inc)

Additional Subsidiary Guarantors. Pursuant to Section 5.11 5.09 of the Credit Agreement, each Domestic Restricted Subsidiary (other than any Foreign Subsidiary) that was not in existence on the date of the Credit Agreement is required to enter into this Agreement as a Subsidiary Guarantor upon becoming a Domestic Subsidiary. Upon execution and delivery after the date hereof by the Collateral Agent and such a Subsidiary of a Supplement in the form of Annex 1, such Subsidiary shall become a Subsidiary Guarantor hereunder with the same force and effect as if originally named as a Subsidiary Guarantor herein. The execution and delivery of any Supplement adding an additional Subsidiary Guarantor as a party to this Agreement shall not require the consent of any other Subsidiary Guarantor hereunder. The rights and obligations of each Subsidiary Guarantor hereunder shall remain in full force and effect notwithstanding the addition of any new Subsidiary Guarantor as a party to this Agreement.

Appears in 1 contract

Samples: Subsidiary Guarantee Agreement (Playboy Enterprises Inc)

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Additional Subsidiary Guarantors. Pursuant to Section 5.11 5.12 of the Credit Agreement, the Borrower is required to cause each Domestic Subsidiary that was not in existence or not a Subsidiary on the date of the Credit Agreement is required to enter into this Agreement as a Subsidiary Guarantor upon becoming a Domestic SubsidiarySubsidiary that is a Subsidiary Loan Party. Upon execution and delivery after the date hereof by the Collateral Agent 9 9 and such a Subsidiary of a Supplement an instrument in the form of Annex 1, such Subsidiary shall become a Subsidiary Guarantor hereunder with the same force and effect as if originally named as a Subsidiary Guarantor herein. The execution and delivery of any Supplement instrument adding an additional Subsidiary Guarantor as a party to this Agreement shall not require the consent of any other Subsidiary Guarantor hereunder. The rights and obligations of each Subsidiary Guarantor hereunder shall remain in full force and effect notwithstanding the addition of any new Subsidiary Guarantor as a party to this Agreement.

Appears in 1 contract

Samples: Subsidiary Guarantee Agreement (Donjoy LLC)

Additional Subsidiary Guarantors. Pursuant to Section 5.11 5.12 of the Credit Agreement, each Domestic Subsidiary Loan Party that was not in existence on the date of the Credit Agreement is required to enter into this Agreement as a Subsidiary Guarantor upon becoming a Domestic SubsidiarySubsidiary Loan party. Upon execution and delivery after the date hereof by the Collateral Administrative Agent and such a Subsidiary of a Supplement an instrument in the form of Annex 1, such Subsidiary shall become a Subsidiary Guarantor hereunder with the same force and effect as if originally named as a Subsidiary Guarantor herein. The execution and delivery of any Supplement instrument adding an additional Subsidiary Guarantor as a party to this Agreement shall not require the consent of any other Subsidiary Guarantor hereunder. The rights and obligations of each Subsidiary Guarantor hereunder shall remain in full force and effect notwithstanding the addition of any new Subsidiary Guarantor as a party to this Agreement.

Appears in 1 contract

Samples: Guarantee Agreement (Huntsman Packaging Corp)

Additional Subsidiary Guarantors. Pursuant to Section 5.11 6.10 of the Credit Agreement, each Domestic Subsidiary that was not in existence on the date certain Subsidiaries of the Credit Agreement is Borrower are required to enter into this Agreement as a Subsidiary Guarantor upon becoming a Domestic SubsidiaryGuarantors within the applicable time period specified by the Credit Agreement. Upon execution and delivery delivery, after the date hereof hereof, by the Collateral Agent and such a Subsidiary subsidiary of a Supplement an instrument in the form of Annex 1, such Subsidiary subsidiary shall become a Subsidiary Guarantor hereunder with the same force and effect as if originally named as a Subsidiary Guarantor herein. The execution and delivery of any Supplement instrument adding an additional Subsidiary Guarantor as a party to this Agreement shall not require the consent of any other Subsidiary Guarantor hereunder. The rights and obligations of each Subsidiary Guarantor hereunder shall remain in full force and effect notwithstanding the addition of any new Subsidiary Guarantor as a party to this Agreement.

Appears in 1 contract

Samples: Guarantee Agreement (Foodbrands America Inc)

Additional Subsidiary Guarantors. Pursuant to Section 5.11 of the Credit Agreement, each Domestic Subsidiary of the Borrower that was not in existence on the date of the Credit Agreement is required to enter into this Agreement as a Subsidiary Guarantor upon becoming a Domestic Subsidiary. Upon execution and delivery after the date hereof by the Collateral Agent and such a Subsidiary of a Supplement an instrument in the form of Annex 1, such Subsidiary shall become a Subsidiary Guarantor hereunder with the same force and effect as if originally named as a Subsidiary Guarantor herein. The execution and delivery of any Supplement instrument adding an additional Subsidiary Guarantor as a party to this Agreement shall not require the consent of any other Subsidiary Guarantor hereunder. The rights and obligations of each Subsidiary Guarantor hereunder shall remain in full force and effect notwithstanding the addition of any new Subsidiary Guarantor as a party to this Agreement.

Appears in 1 contract

Samples: Credit Agreement (Intersil Holding Co)

Additional Subsidiary Guarantors. Pursuant to Section 5.11 5.12 of the Credit Agreement, each Domestic Subsidiary Loan Party that was not in existence on the date of the Credit Agreement is required to enter into this Agreement as a Subsidiary Guarantor upon becoming a Domestic SubsidiarySubsidiary Loan Party. Upon execution and delivery after the date hereof by the Collateral Administrative Agent and such a Subsidiary of a Supplement an instrument in the form of Annex 1, such Subsidiary shall become a Subsidiary Guarantor hereunder with the same force and effect as if originally named as a Subsidiary Guarantor herein. The execution and delivery of any Supplement instrument adding an additional Subsidiary Guarantor as a party to this Agreement shall not require the consent of any other Subsidiary Guarantor hereunder. The rights and obligations of each Subsidiary Guarantor hereunder shall remain in full force and effect notwithstanding the addition of any new Subsidiary Guarantor as a party to this Agreement.

Appears in 1 contract

Samples: Guarantee Agreement (Huntsman Packaging of Canada LLC)

Additional Subsidiary Guarantors. Pursuant to Section 5.11 5.09 of the Credit Agreement, each Domestic Subsidiary that is a Material Subsidiary of the U.S. Borrower that was not in existence a Material Subsidiary on the date of the Credit Agreement is required to enter into this Agreement as a Subsidiary Guarantor upon becoming a Domestic SubsidiaryGuarantor. Upon execution and delivery after the date hereof by the U.S. Collateral Agent and such a Domestic Subsidiary of a Supplement an instrument in the form of Annex 1, such Domestic Subsidiary shall become a Subsidiary Guarantor hereunder with the same force and effect as if originally named as a Subsidiary Guarantor herein. The execution and delivery of any Supplement instrument adding an additional Subsidiary Guarantor as a party to this Agreement shall not require the consent of any other Subsidiary Guarantor hereunder. The rights and obligations of each Subsidiary Guarantor hereunder shall remain in full force and effect notwithstanding the addition of any new Subsidiary Guarantor as a party to this Agreement.

Appears in 1 contract

Samples: Security Agreement (Oil States International, Inc)

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