Guaranteed Obligations. The Company covenants that if any Person (other than the Company) guarantees or provides collateral in any manner for any Debt of the Company or any Subsidiary, it will simultaneously cause such Person to guarantee or provide collateral for the Notes equally and ratably with all Debt guaranteed or secured by such Person pursuant to documentation in form and substance reasonably satisfactory to such holder.
Appears in 4 contracts
Samples: Note Purchase and Private Shelf Agreement (Stanley Furniture Co Inc.), Private Shelf Facility Agreement (Stanley Furniture Co Inc/), Note Purchase and Private Shelf Agreement (Stanley Furniture Co Inc/)
Guaranteed Obligations. The Company covenants that if any Person (other than the Company) guarantees or provides collateral in any manner for any Debt Indebtedness of the Company or any SubsidiarySubsidiary (other than by issuance of a stand-by letter of credit), it will simultaneously cause such Person to guarantee or provide collateral for the Notes equally and ratably with all Debt Indebtedness guaranteed or secured by such Person pursuant to documentation in form and substance reasonably satisfactory to such holder.
Appears in 3 contracts
Samples: Note Agreement (Gold Kist Inc), Note Agreement (Gold Kist Inc), Note Agreement (Gold Kist Inc)
Guaranteed Obligations. The Company covenants that if any Person (other than the Company) guarantees provides a Guarantee or provides collateral in any manner for any Debt Indebtedness of the Company or any Subsidiary, it will simultaneously cause such Person to guarantee provide a Guarantee or provide collateral for the Notes equally and ratably with all Debt guaranteed Indebtedness Guaranteed or secured by such Person for so long as such Indebtedness is so Guaranteed and pursuant to documentation in form and substance reasonably satisfactory to such holder.
Appears in 2 contracts
Samples: Note Purchase and Private Shelf Agreement (Waste Industries Usa Inc), Note Purchase Agreement (Waste Industries Usa Inc)
Guaranteed Obligations. The Company covenants that if any Person (other than the Company) guarantees Guarantees or provides collateral in any manner for any Debt of the Company or any Subsidiary, it will simultaneously cause such Person to guarantee Guarantee or provide collateral for the Notes equally and ratably with all Debt guaranteed Guaranteed or secured by such Person for so long as such Debt is Guaranteed and pursuant to documentation in form and substance reasonably satisfactory to such holder.
Appears in 2 contracts
Samples: Note Purchase and Private Shelf Agreement (Waste Industries Inc), Note Purchase and Private Shelf Agreement (Waste Industries Inc)