Corporate Guarantor Sample Clauses

Corporate Guarantor. Corporate Guarantor shall mean President Casinos, Inc., a Delaware Corporation. The Corporate Guarantor shall guaranty PRC-Philadelphia, Inc.'s obligations under and pursuant to the terms of this Option Agreement, the First Amendment to Lease Agreement, and the Second Amendment to Lease Agreement; provided, however, that in the event a "New Gaming Company", as defined in Paragraph 11 of this Agreement, enters into an option agreement or other agreement (pursuant to the terms of Paragraph 9 hereof) and agrees to the terms of an option and/or sublease or other occupancy agreement for a second gaming site on a portion of the Premises, then the guaranty of the Corporate Guarantor shall apply expressly and solely to the obligations of PRC-Philadelphia, Inc. (i) as the Tenant under the terms of the First Amendment to Lease Agreement and the Second Amendment to Lease Agreement, and (ii) as the Optionee under the terms of this Agreement. The parent entity of the New Gaming Company shall guaranty the obligations of the New Gaming Company with respect to (x) New Gaming Company's obligations under the terms of the new option agreement or other agreement (as referenced in Paragraph 9 hereof), and (y) New Gaming Company's obligations regarding the use and occupancy of the portion of the Premises which are to be used by the New Gaming Company. It being the intention of the parties that Liberty Landing Associates, its successors and assigns, shall look solely to New Gaming Company and its parent entity guarantor for the payment and performance of the obligations of New Gaming Company regarding the new option agreement and sublease referenced in Paragraph 9 hereof and regarding the obligations of the New Gaming Company with respect to its use and occupancy of a second gaming site located on the Premises.
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Corporate Guarantor. Xxxxxxxxx Xxxxxxxxx ceases to be the Chief Executive Officer of the Corporate Guarantor without the Bank’s prior written consent.; or
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Corporate Guarantor. EXECUTED and DELIVERED as a DEED by DRYSHIPS INC. acting by Xxxxxx Xxxxxxx its duly authorised attorney-in-fact in the presence of: ) ) ) ) ) /s/ Xxxxxx Xxxxxxx EVGENIA TH. VOULIKA Xxxxxxxx-xx-Xxx 00 Xx. Xxxxxxxxxxxx Xxxxxx – 151 00 Xxxxxxx Xxxxxx, Xxxxxx Tel: +00 000 0000000 /s/ Evgenia Th. Voulika
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Corporate Guarantor. TARSIER SYSTEMS LTD., a New York corporation By: /s/ Ixxxx X. Xxxxxx Name: Title: STATE OF ____________ ) SS. COUNTY OF ____________ ) The foregoing instrument was acknowledged before me this ___ day of ___________, 2016 by _________________, who is the _________________ of Tarsier Systems Ltd., on behalf of such entity. He/She is personally known to me or has produced __________________________ as identification. My Commission Expires: Notary Public Name of Notary typed or printed INDEX OF EXHIBITS Exhibit A Form of Compliance Certificate Exhibit B Form of Guaranty (Corporate) Exhibit C Form of Irrevocable Transfer Agent Instructions Exhibit D Form of Pledge Agreement Exhibit E Form of Revolving Note Exhibit F-1 Form of Security Agreement (Borrower) Exhibit F-2 Form of Security Agreement (Subsidiary/Guarantor) Exhibit G Form of Validity Certificate INDEX OF SCHEDULES Schedule 7.1 Subsidiaries Schedule 7.4 Capitalization Schedule 7.18 Real Property Schedule 7.21 IP Rights Schedule 7.28 Bank Accounts and Deposit Accounts Schedule 7.29 Places of Business 83 Exhibit A Form of Compliance Certificate 84 Exhibit B Form of Guaranty Agreement (Corporate) Exhibit C Form of Irrevocable Transfer Agent Instructions Exhibit D Form of Pledge Agreement 87 Exhibit E Form of Revolving Note 88 Exhibit F-1 Form of Security Agreement – Borrower 89 Exhibit F-2 Form of Security Agreement – Subsidiaries 90 Exhibit G Form of Validity Certificates 91 Schedule 7.1 Subsidiaries 92 Schedule 7.4 Capitalization 93 Schedule 7.18 Real Property 94 Schedule 7.21 IP Rights 95 Schedule 7.28 Bank Accounts and Deposit Accounts Schedule 7.29 Places of Business
Sample 1
Corporate Guarantor. If Guarantor is a corporation, Guarantor warrants and repre- sents that this Guaranty may reasonably be expected to benefit, directly or indirectly, the Guarantor, and that the Board of Directors of the Guarantor has adopted appropriate resolutions so certifying.
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Related to Corporate Guarantor

  • Guarantor In the event that there is a guarantor of this Lease, said guarantor shall have the same obligations as Lessee under this Lease.

  • Guarantors So long as any Registrable Notes remain outstanding, the Issuers shall cause each Person that becomes a guarantor of the Notes under the Indenture to execute and deliver a counterpart to this Agreement which subjects such Person to the provisions of this Agreement as a Guarantor. Each of the Guarantors agrees to join the Company in all of its undertakings hereunder to effect the Exchange Offer for the Exchange Notes and the filing of any Shelf Registration Statement required hereunder.

  • Release of a Subsidiary Guarantor Upon (i) the sale or disposition of a Subsidiary Guarantor (or all or substantially all of its assets) or (ii) the cessation by a Subsidiary Guarantor to guarantee any other Indebtedness of the Company or any other Subsidiary Guarantor other than a De Minimis Guaranteed Amount, in each case which is otherwise in compliance with the terms of this Indenture, including but not limited to the provisions of Section 10.02, such Subsidiary Guarantor shall be deemed released from all of its Guarantee and related obligations in this Indenture without any further action by the Trustee, the Company or such Subsidiary Guarantor. Subject to Section 8.07, upon the Company’s election, in compliance with the conditions set forth in Article Eight hereof, to exercise its rights pursuant to either Section 8.02 or 8.03 with respect to all outstanding Securities, each Subsidiary Guarantor shall be deemed released from all of its Guarantee and related obligations in this Indenture without any further action by the Trustee, the Company or any Subsidiary Guarantor. The Trustee shall deliver an appropriate instrument evidencing such release upon receipt of a request by the Company accompanied by an Officers’ Certificate and, in the case of the release of a Subsidiary Guarantor pursuant to clause (i) of the first sentence of this Section 10.04, an Opinion of Counsel certifying that such sale or other disposition was made by the Company in accordance with the provisions of this Indenture. Any Subsidiary Guarantor not so released remains liable for the full amount of principal of and interest on the Securities as provided in this Article Ten.

  • Additional Guarantors The Company shall cause each of its subsidiaries formed or acquired on or subsequent to the date hereof to become a Guarantor for all purposes of this Guarantee by executing and delivering an Assumption Agreement in the form of Annex 1 hereto.

  • Future Subsidiary Guarantors If, after the Issue Date, any Domestic Subsidiary of the Company that is not an Immaterial Subsidiary and that is not already a Subsidiary Guarantor Guarantees or otherwise becomes an obligor with respect to any other Indebtedness of the Company or any Subsidiary Guarantor in excess of the De Minimis Amount, then such Domestic Subsidiary will become a Guarantor by executing a supplemental indenture and delivering it to the Trustee within 20 Business Days of the date on which it Guaranteed or became an obligor with respect to such Indebtedness; provided, however, that the preceding shall not apply to Subsidiaries of the Company that have properly been designated as Unrestricted Subsidiaries in accordance with this Indenture for so long as they continue to constitute Unrestricted Subsidiaries. Notwithstanding the preceding, any Subsidiary Guarantee of a Domestic Subsidiary that was incurred pursuant to this Section 3.11 shall provide by its terms that it shall be automatically and unconditionally released at such time as such Subsidiary Guarantor ceases to Guarantee or otherwise be an obligor with respect to any other Indebtedness of the Company or any other Subsidiary Guarantor in excess of the De Minimis Amount. The Obligations of each Subsidiary Guarantor shall be limited as described in Section 10.2. Each Subsidiary Guarantor shall be released in accordance with the provisions of this Indenture described in Section 10.2.

  • Future Guarantors The Company and each Subsidiary shall cause each Subsidiary that is not already a Subsidiary Guarantor (other than any Excluded Non-Guarantor Subsidiary) to, within 30 calendar days of the date on which such Person became such a Subsidiary, (i) execute and deliver to the Trustee and the Collateral Agent, if applicable, a Guaranty Supplemental Indenture pursuant to which such Subsidiary shall Guarantee payment of the Securities on the same terms and conditions as those set forth in this Indenture and a joinder to the Collateral Agency and Intercreditor Agreement and (ii) deliver to the Trustee an Opinion of Counsel satisfactory to the Trustee as to the authorization, execution and delivery by such Subsidiary of such Guaranty Supplemental Indenture and such joinder and the validity and enforceability against such Subsidiary of this Indenture (including the Note Guarantee of such Subsidiary) and the Collateral Agency and Intercreditor Agreement. The Company and each Subsidiary shall cause each Subsidiary that guarantees any Other Secured Notes Obligations to, at the same time, (i) execute and deliver to the Trustee and the Collateral Agent, if applicable, a Guaranty Supplemental Indenture pursuant to which such Subsidiary shall Guarantee payment of the Securities on the same terms and conditions as those set forth in this Indenture and a joinder to the Collateral Agency and Intercreditor Agreement and (ii) deliver to the Trustee an Opinion of Counsel satisfactory to the Trustee as to the authorization, execution and delivery by such Subsidiary of such Guaranty Supplemental Indenture and such joinder and the validity and enforceability against such Subsidiary of this Indenture (including the Note Guarantee of such Subsidiary) and the Collateral Agency and Intercreditor Agreement.

  • Release of Subsidiary Guarantor A Subsidiary Guarantor shall be automatically released from its obligations under this Article 10 (other than any obligation that may have arisen under Section 10.7) upon:

  • Additional Guarantor Each additional Wholly Owned Subsidiary of Borrower which becomes a Subsidiary Guarantor pursuant to §5.5.

  • New Guarantors The Parent Guarantor covenants and agrees that if any Subsidiary of the Parent Guarantor that is not a Guarantor becomes a Relevant Guarantor, then within 30 days of such Subsidiary becoming a Relevant Guarantor, the Parent Guarantor shall cause such Relevant Guarantor to also become a Subsidiary Guarantor (each, a “New Guarantor”) of all amounts due and owing on the Outstanding Securities by having the New Guarantor, the Issuer and the Trustee delivering a New Guarantor Supplemental Indenture within such 30 days, provided that such New Guarantor’s Guarantee may contain any limitation required under the laws of the jurisdiction in which it is organized, or which are substantially similar to the limitations contained in such other new guarantees given by the New Guarantor in relation to the Specified Indebtedness giving rise to its status as a Relevant Guarantor. Upon execution and delivery by the New Guarantor of its New Guarantor Supplemental Indenture and any other documents provided for in this Section 1010, the New Guarantor shall be a Guarantor for the purposes of this Indenture (and shall be deemed to be added to the list of Guarantors contained in Schedule 1 hereto) and for purposes of all amounts due and owing on all Outstanding Securities. In connection therewith, (i) the rights and obligations of such New Guarantor and the restrictions imposed upon it under this Indenture shall be the same in all respects as if the New Guarantor had been an Original Guarantor and (ii) the rights and obligations and restrictions imposed upon the other Guarantors shall be the same in all respects as if the New Guarantor had been an Original Guarantor.

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