Guarantees by Restricted Subsidiaries. (a) Upon the formation or acquisition of any new direct or indirect Restricted Subsidiary (excluding (i) any Foreign Subsidiary and (ii) any Immaterial Subsidiary) by the Company or any Restricted Subsidiary, then such new Restricted Subsidiary will provide a Note Guarantee within 20 days after its formation or acquisition.
Appears in 8 contracts
Samples: Supplemental Indenture (Sandridge Energy Inc), Supplemental Indenture (Sandridge Energy Inc), Intercreditor Agreement (Sandridge Energy Inc)
