Common use of BORROWERS AND GUARANTORS Clause in Contracts

BORROWERS AND GUARANTORS. At all times the Parent will maintain (directly or indirectly), beneficially and of record, 100% of the voting control of, and 100% of the equity in, each Borrower and each Guarantor (other than the Parent), in each case subject to director qualifying shares or similar legal requirements.

Appears in 2 contracts

Samples: Credit Agreement (Tiffany & Co), Tiffany Credit Agreement (Tiffany & Co)

AutoNDA by SimpleDocs

BORROWERS AND GUARANTORS. At all times the Parent will maintain (directly or indirectly), beneficially and of record, 100% of the voting control of, and 100% of the equity in, each Borrower which is a Core Currency Borrower and each Guarantor (other than the Parent), in each case subject to director qualifying shares or similar legal requirements.

Appears in 2 contracts

Samples: Year Credit Agreement (Tiffany & Co), Year Credit Agreement (Tiffany & Co)

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