Common use of Further Subsidiary Guarantors Clause in Contracts

Further Subsidiary Guarantors. (a) The Company will use its reasonable best efforts to obtain any necessary consents and waivers and to take all other actions necessary to cause any future Restricted Subsidiary (other than any Subsidiary that is organized under the laws of the PRC or Exempted Subsidiaries) as soon as practicable to execute a supplemental indenture to this Indenture pursuant to which such future Restricted Subsidiary will guarantee the payment of the Notes as either a Subsidiary Guarantor or a JV Subsidiary Guarantor; provided that in exercising such reasonable best efforts, the Company shall not be required to take any action that is commercially unreasonable.

Appears in 5 contracts

Samples: Supplemental Indenture (Yin Jia Investments LTD), Supplemental Indenture (Yin Jia Investments LTD), Supplemental Indenture (Yin Jia Investments LTD)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.