CORPORATE GUARANTORS Sample Clauses

CORPORATE GUARANTORS. The undersigned have heretofore executed and delivered to the Lender (i) a Guaranty dated May 2, 2000 (the "Guaranty') and (ii) a Security Agreement dated May 2, 2000 (the "Security Agreement'). Each of the undersigned hereby consents to the Agreement set forth above and confirms that the Guaranty and the Security Agreement remain in full force and effect in accordance with the terms thereof. Each of the undersigned further agrees that the consent of the undersigned to any further modifications to the Forbearance Agreement or to the Credit Agreement shall not be required as a result of this consent having been obtained, except to the extent, if any, required by the Guaranty or Security Agreement. HOMEGOLD FINANCIAL, INC. By: Name: Xxxxxxx X. Xxxx Its: Executive Vice President CAROLINA INVESTORS, INC. By: Name: Xxxxxxx X. Xxxx Its: Executive Vice President PREMIER FINANCIAL SERVICES INC. By: Name: Xxxxxxx X. Xxxx Its: Executive Vice President LOAN PROS, INC. By: Name: Xxxxxxx X. Xxxx Its: Executive Vice President EMERGENT BUSINESS CAPITAL ASSET BASED LENDING, INC. By: Name: Xxxxxxx X. Xxxx Its: Executive Vice President XXXXX RIVER VENTURES, LP By: Name: Xxxxxxx X. Xxxx Its: Executive Vice President EMERGENT SBI By: Name: Xxxxxxx X. Xxxx Its: Executive Vice President EMERGENT COMMERCIAL MORTGAGE, INC. By: Name: Xxxxxxx X. Xxxx Its: Executive Vice President EMERGENT BUSINESS CAPITAL, INC. By: Name: Xxxxxxx X. Xxxx Its: Executive Vice President EMERGENT INSURANCE AGENCY CORP. By: Name: Xxxxxxx X. Xxxx Its: Executive Vice President EMERGENT MORTGAGE CORP. OF TENNESSEE By: Name: Xxxxxxx X. Xxxx Its: Executive Vice President HOMEGOLD REALTY, INC. By: Name: Xxxxxxx X. Xxxx Its: Executive Vice President
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CORPORATE GUARANTORS. SIGNED by Xxxxxxxxx Xxxx Its attorney-in-fact For and on behalf of YOGI BEAR SHIPPING CO. In the presence of: Xxxxx Xxxxxx ) ) ) ) ) ) /s/ Xxxxxxxxx Xxxx /s/ Xxxxx Xxxxxx
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CORPORATE GUARANTORS. Cause any newly formed or acquired Subsidiary of the Borrower to become a Corporate Guarantor, which subsidiary shall then execute and deliver to the Bank the Guaranty and shall be required to comply with all terms and conditions as herein required of the Borrower.
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CORPORATE GUARANTORS. Customer shall cause any existing or hereafter created (i) parent holding companies, (ii) direct or indirect wholly owned domestic subsidiaries and (iii) foreign subsidiaries having greater than $2,000,000 in annual revenue or $1,000,000 in total assets (each a “Foreign Subsidiary”) to guarantee Customer’s obligations hereunder and execute a guaranty agreement and other documents in form and substance reasonably acceptable to MLBFS. At its option, MLBFS may accept a pledge of 66 2/3% of the outstanding common equity interest of a Foreign Subsidiary in lieu of a guaranty agreeemnt from such Foreign Subsidiary. Any entities in existence as of November 30, 2005 meeting the characteristics set forth in items (i), (ii) and (iii) above are set forth in Schedule 3.3(o) hereto.”
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CORPORATE GUARANTORS. Customer shall cause any hereafter created parent holding company parent or wholly owned domestic subsidiaries to guarantee Customer’s obligations hereunder and execute a guaranty agreement and other documents in form and substance reasonably acceptable to MLBFS.
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CORPORATE GUARANTORS. MERISEL, INC.
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CORPORATE GUARANTORS. The undersigned have heretofore executed and delivered to the Lender (i) a Guaranty dated May 2, 2000 (the "Guaranty") and (ii) a Security Agreement dated May 2, 2000 (the "Security Agreement"). Each of the undersigned hereby consents to the Agreement set forth above and confirms that the Guaranty and the Security Agreement remain in full force and effect in accordance with the terms thereof. Each of the undersigned further agrees that the consent of the undersigned to any further modifications to the Forbearance Agreement or to the Credit Agreement shall not be required as a result of this consent having been obtained, except to the extent, if any, required by the Guaranty or Security Agreement. HOMEGOLD FINANCIAL, INC. By:______________________________________ Name:____________________________________ Its:_____________________________________ CAROLINA INVESTORS, INC. By:______________________________________ Name:____________________________________ Its:_____________________________________ PREMIER FINANCIAL SERVICES INC. By:______________________________________ Name:____________________________________ Its:_____________________________________ Extension of Forbearance LOAN PRO$, INC. By:______________________________________ Name:____________________________________ Its:_____________________________________ EMERGENT BUSINESS CAPITAL ASSET BASED LENDING, INC. By:______________________________________ Name:____________________________________ Its:_____________________________________ XXXXX RIVER VENTURES, L.P. By:______________________________________ Name:____________________________________ Its:_____________________________________ EMERGENT SBIC, INC. By:______________________________________ Name:____________________________________ Its:_____________________________________ EMERGENT COMMERCIAL MORTGAGE, INC. By:______________________________________ Name:____________________________________ Its:_____________________________________ EMERGENT BUSINESS CAPITAL, INC. By:______________________________________ Name:____________________________________ Its:_____________________________________ Extension of Forbearance EMERGENT INSURANCE AGENCY CORP. By:______________________________________ Name:____________________________________ Its:_____________________________________ EMERGENT MORTGAGE CORP. OF TENNESSEE By:______________________________________ Name:____________________________________ Its:_____________________________________ HOMEGOLD REALTY, INC. By:...
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CORPORATE GUARANTORS. The undersigned have heretofore executed and delivered to the Lender (i) a Guaranty dated May 2, 2000 (the "Guaranty") pursuant to which the undersigned guaranteed all indebtedness, obligations and liabilities of Homegold, Inc. a South Carolina corporation (the "Borrower") from time to time owing to you (the "Lender") and (ii) a Security Agreement dated May 2, 2000 (the "Security Agreement") in favor of Lender. Each of the undersigned hereby consents to the Amended and Restated Credit Agreement bearing even date herewith between the Borrower and Lender and confirms that the Guaranty and the Security Agreement each remain in full force and effect in accordance with the terms thereof and shall not in any manner be affected, impaired or discharged thereby. Each of the undersigned further agrees that the consent of the undersigned to any further modifications to the Credit Agreement shall not be required as a result of this consent having been obtained, except to the extent, if any, required by the Guaranty or Security Agreement. The undersigned further acknowledge and agree that the Lender is relying upon the agreements of the undersigned contained herein as an inducement to entering into the Amended and Restated Credit Agreement with the Borrower. Dated as of this 11th day of June, 2001. HOMEGOLD FINANCIAL, INC. By: Name: Its: CAROLINA INVESTORS, INC. By: Name: Its: PREMIER FINANCIAL SERVICES INC. By: Name: Its: LOAN PROS, INC. By: Name: Its: EMERGENT BUSINESS CAPITAL ASSET BASED LENDING, INC. By: Name: Its: XXXXX RIVER VENTURES, LP. By: Name: Its: EMERGENT SBIC, INC. By: Name: Its: EMERGENT COMMERCIAL MORTGAGE, INC. By: Name: Its: EMERGENT BUSINESS CAPITAL, INC. By: Name: Its: EMERGENT INSURANCE AGENCY CORP. By: Name: Its: EMERGENT MORTGAGE CORP. OF TENNESSEE By: Name: Its: HOMEGOLD REALTY, INC. By: Name: Its:
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CORPORATE GUARANTORS i) Incorporation documents including Certificate of Incorporation, Articles of Incorporation (including any amendments) and last Notice of Directors; ii) Certificate of signing authority; iii) Corporate guarantee resolution;
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Related to CORPORATE GUARANTORS

  • Guarantors Any time after the Effective Date, Borrower may cause any of its Subsidiaries to guarantee the Obligations of Borrower hereunder by delivering to Administrative Agent an Assumption Agreement to the Guarantee Agreement, in form set forth on Annex 1 to the Guarantee Agreement and executed by such proposed Guarantor. If, at any time following the Effective Date, a Guarantor ceases to be a Restricted Subsidiary (including as a result of a redesignation of such Restricted Subsidiary as an Unrestricted Subsidiary) or ceases to be a Subsidiary, in each case as a result of a transaction not otherwise prohibited hereunder, then such Guarantor’s guarantee of the Obligations shall be automatically released and such Guarantor shall be automatically released from its obligations under the Guarantee Agreement. In addition, if Borrower elects by notice in writing to Administrative Agent to cause such Guarantor to be released from its guarantee of the Obligations, and a Responsible Officer of Borrower certifies in writing that immediately after giving effect to such release, no Default or Event of Default shall have occurred and be continuing, then immediately upon the delivery of such notice and certification to Administrative Agent such Guarantor’s guarantee of the Obligations shall be automatically released and such Guarantor shall be automatically released from its obligations under the Guarantee Agreement. Notwithstanding the foregoing, no Guarantor that is a Significant Subsidiary and that guarantees any Material Debt may be released from the Guarantee Agreement and its Guarantee Obligation thereunder, including as a result of being designated as an Unrestricted Subsidiary, unless such Guarantor is simultaneously released from its guarantee of such Material Debt. Administrative Agent shall execute such documents as Borrower shall reasonably request to evidence the release contemplated by this Section 6.10.

  • Subsidiary Guarantors Borrower shall cause each of its existing Wholly-Owned Subsidiaries which owns an Unencumbered Property as of the Agreement Execution Date, as identified on Schedule 5 attached hereto and made a part hereof, to execute and deliver to the Administrative Agent the Subsidiary Guaranty. Borrower shall cause each Wholly-Owned Subsidiary which hereafter owns an Unencumbered Property to execute and deliver to the Administrative Agent a joinder in the Subsidiary Guaranty in the form of the Joinder (the “Joinder”) attached as Exhibit A to the Subsidiary Guaranty not later than the date required under Section 2.22(ii) above. Borrower covenants and agrees that each such Subsidiary which it shall cause to execute the Subsidiary Guaranty shall be fully authorized to do so by its supporting organizational and authority documents and shall be in good standing in its state of organization and shall have obtained any necessary foreign qualifications required to conduct its business. The delivery by Borrower to the Administrative Agent of any such Joinder shall be deemed a representation and warranty by Borrower that each Subsidiary which Borrower caused to execute the Subsidiary Guaranty has been fully authorized to do so by its supporting organizational and authority documents and is in good standing in its state of organization and has obtained any necessary foreign qualifications required to conduct its business. If any Subsidiary Guarantor proposes to incur Indebtedness or sell or contribute all of its assets or otherwise desires to be released from its obligations under the Subsidiary Guaranty, then such Subsidiary Guarantor will be released from its obligations under the Subsidiary Guaranty subject in each case to compliance with the applicable restrictions and other provisions of Section 2.22(iii). In addition, effective as of the Investment Grade Ratings Date or any date thereafter on which Borrower maintains an Investment Grade Rating, Borrower may request, upon not less than five (5) Business Days prior written notice to the Administrative Agent, the release of all Subsidiary Guarantors from the Subsidiary Guaranty other than those that have outstanding Recourse Indebtedness or Guarantee Obligations (other than the Subsidiary Guaranty), which release shall be promptly effected by the Administrative Agent so long as no Default or Unmatured Default shall have occurred and be then continuing. If after such release pursuant to the foregoing sentence, (x) Borrower desires to add one or more additional Qualifying Unencumbered Properties to the Unencumbered Property Pool pursuant to and in accordance with Section 2.22(ii), the owner of such Qualifying Unencumbered Property shall not be required to deliver a Joinder to Administrative Agent unless such owner has outstanding Recourse Indebtedness or Guarantee Obligations (in which case such owner shall be required to deliver a Joinder and any such required Joinder shall be delivered not later than the date required under Section 2.22(ii)) or (y) an owner of an Unencumbered Property that is not a Subsidiary Guarantor (either because, pursuant to this Section 6.13, such owner was released or not previously required to deliver a Joinder) acquires outstanding Recourse Indebtedness or Guarantee Obligations (i) in the first, second or third fiscal quarter of the Consolidated Group, such owner shall deliver to the Administrative Agent a Joinder not later than 45 days after the close of such fiscal quarter, and (ii) in the fourth fiscal quarter of the Consolidated Group, such owner shall deliver to the Administrative Agent a Joinder not later than 90 days after the close of such fiscal quarter.

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