Guarantees by Subsidiaries. (a) The Borrower shall cause each Subsidiary that becomes or is a Collateral Subsidiary Guarantor or an obligor with respect to any of the Secured Obligations (except a Foreign Subsidiary that becomes an obligor solely in respect of Debt or other obligations of itself or another Foreign Subsidiary), in each case, to become a Subsidiary Guarantor by becoming a party to this Agreement, the Second Priority Subsidiary Guarantee Agreement and the Collateral Trust and Intercreditor Agreement, if such Subsidiary is not already a Subsidiary Guarantor party thereto, and delivering evidence thereof to the Administrative Agent at the time such Person becomes a Collateral Subsidiary Guarantor or such an obligor.
(b) The Borrower shall not permit any Restricted Subsidiary that is not a Subsidiary Guarantor to Guarantee the payment of any Debt or Capital Stock of the Borrower (other than Guarantees permitted pursuant to clauses (j) or (o) of the second paragraph of Section 6.01), except that a Restricted Subsidiary that is not a Subsidiary Guarantor may Guarantee Debt of the Borrower; provided that:
(1) such Debt and the Debt represented by such Guarantee is permitted by Section 6.01;
(2) such Restricted Subsidiary simultaneously executes and deliver the Second Priority Subsidiary Guarantee Agreement providing for a Guarantee of payment of the Second Priority Loan Obligations by such Restricted Subsidiary and such Guarantee of Debt of the Borrower:
(A) unless such Debt is a Subordinated Obligation, shall be pari passu (or subordinate) in right of payment to and on substantially the same terms as (or less favorable to such Debt than) such Restricted Subsidiary’s Guarantee with respect to the Second Priority Loan Obligations; and
(B) if such Debt is a Subordinated Obligation, shall be subordinated in right of payment to such Restricted Subsidiary’s Guarantee with respect to the Second Priority Loan Obligations to at least the same extent as such Debt is subordinated to the Term Loans.
(c) Upon any Subsidiary becoming a Subsidiary Guarantor as described above, such Subsidiary shall deliver to the Administrative Agent an Opinion of Counsel to the effect that:
(1) such Guarantee of the Second Priority Loan Obligations has been duly executed and authorized; and
(2) such Guarantee of the Second Priority Loan Obligations constitutes a valid, binding and enforceable obligation of such Subsidiary, except insofar as enforcement thereof may be limited by bankruptcy, insolvency or s...
Guarantees by Subsidiaries. The Notes will be entitled to the benefits of certain Guarantees by subsidiaries made for the benefit of the Holders. Reference is hereby made to the Indenture for a statement of the respective rights, limitations of rights, duties and obligations thereunder of the Guarantors, the Trustee and the Holders. 13
Guarantees by Subsidiaries. The Company will cause each of its Subsidiaries, whether existing on the Issue Date or thereafter formed or acquired, other than Subsidiaries formed after the Issue Date pursuant to and in compliance with the requirements of Section 4.16(ii), to become a Guarantor by complying with the procedures set forth in Section 12.11 hereof and by executing and delivering a supplemental indenture evidencing such Subsidiary's Guarantee. Neither the Company nor any Guarantor shall be required to make a notation on the Senior Subordinated Notes to reflect any such subsequent Guarantee.
Guarantees by Subsidiaries. The following Subsidiaries will, subject to the Agreed Security Principles, jointly and severally, guarantee the Notes on a senior unsecured basis on the Issue Date in accordance with Article 10: NXP Semiconductors Netherlands B.V., NXP Semiconductors USA, Inc. and Freescale Semiconductor, Inc.
Guarantees by Subsidiaries. No Subsidiary (other than a Guarantor) has Guaranteed any Indebtedness of the Borrower.
Guarantees by Subsidiaries. At any time that any Domestic Subsidiary (including, without limitation, any Unrestricted Subsidiary or Non-Recourse Real Estate Subsidiary) Guarantees any Indebtedness of the Borrower, cause such Domestic Subsidiary to, promptly (but in any event within five (5) Business Days of providing such Guarantee), (a) no longer be designated as an Unrestricted Subsidiary or Non-Recourse Real Estate Subsidiary, as the case may be, (b) become a Guarantor by executing and delivering to the Administrative Agent a counterpart of the Guaranty or such other document as the Administrative Agent shall deem appropriate for such purpose and (c) deliver to the Administrative Agent documents of the types referred to in clauses (iii) and (iv) of Section 4.01(a) and favorable opinions of counsel to such Person (which shall cover, among other things, the legality, validity, binding effect and enforceability of the documentation referred to in clause (a)), all in form, content and scope reasonably satisfactory to the Administrative Agent.
Guarantees by Subsidiaries. Each of the Guarantors that guarantees the Notes immediately prior to the effectiveness of this Third Supplemental Indenture shall remain a Guarantor under the Indenture until such time it is released pursuant to Section 13.03 of the Indenture.”
Guarantees by Subsidiaries. In the event that any one or more of the Subsidiaries of the Borrower shall Guarantee Indebtedness of the Borrower in an aggregate principal amount (as to all such Guarantees) in excess of $25,000,000, then the Borrower will cause such Subsidiary to Guarantee the "Secured Obligations" under and as defined in the Security Agreement pursuant to an agreement in form and substance satisfactory to the Administrative Agent and to deliver to the Administrative Agent such proof of corporate and other action, and opinions of counsel, in connection therewith as the Administrative Agent shall reasonably request.
Guarantees by Subsidiaries. To the extent that, after the date of this Indenture, any Subsidiary that is not a Guarantor issues any Guarantee of any Public Debt in excess of $100,000,000 and such Subsidiary is not thereafter released from such Guarantee within ten (10) Business Days, such Subsidiary shall execute a supplemental indenture pursuant to which it shall guarantee under this Indenture the Securities to the same extent and in the manner in which such other Public Debt is so guaranteed.
Guarantees by Subsidiaries. If required by Section 4.01(d) hereof, the Issuers shall cause any newly created or acquired Subsidiary to comply with the provisions of Section 4.01(d) hereof and this Article X, to the extent applicable.
