Guaranties of Borrower’s Subsidiaries Sample Clauses

Guaranties of Borrower’s Subsidiaries. Each Subsidiary of Borrower now existing or created, acquired or coming into existence after the date hereof shall, promptly upon request by Agent, execute and deliver to Agent an absolute and unconditional guaranty of the timely repayment of the Obligations and the due and punctual performance of the obligations of Borrower hereunder, which guaranty shall be satisfactory to Agent in form and substance. Each Subsidiary of Borrower existing on the date hereof shall duly execute and deliver such a guaranty prior to the making of any Loan hereunder. Borrower will cause each of its Subsidiaries to deliver to Agent, simultaneously with its delivery of such a guaranty, written evidence satisfactory to Agent and its counsel that such Subsidiary has taken all corporate or partnership action necessary to duly approve and authorize its execution, delivery and performance of such guaranty and any other documents which it is required to execute.
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Guaranties of Borrower’s Subsidiaries. (a) Borrower shall immediately notify Administrative Agent in writing of the existence, creation, or acquisition of any Subsidiary of Borrower and shall furnish Administrative Agent with all relevant information with respect to each such Subsidiary. Each Subsidiary of Borrower now existing or created, acquired or coming into existence after the Closing Date shall, promptly upon request by Administrative Agent, execute and deliver to Administrative Agent an absolute and unconditional guaranty of the timely repayment of the Obligations and the due and punctual performance of the obligations of Borrower hereunder, which guaranty shall be reasonably satisfactory to Administrative Agent in form and substance. Borrower will cause each of its Subsidiaries to deliver to Administrative Agent, simultaneously with its delivery of such a guaranty, written evidence reasonably satisfactory to Administrative Agent and its counsel that such Subsidiary has taken all company action necessary to duly approve and authorize its execution, delivery and performance of such guaranty and any other documents which it is required to execute and such Subsidiary will comply with Section 6.14.
Guaranties of Borrower’s Subsidiaries. 30. 31. (a) Each Wholly Owned Domestic Subsidiary of Borrower now existing or created, acquired or coming into existence after the date hereof shall, promptly upon request by Administrative Agent, execute and deliver to Administrative Agent an absolute and unconditional guarantee of the timely repayment of the Obligations and the due and punctual performance of the obligations of Borrower hereunder, which guarantee shall be satisfactory to Administrative Agent in form and substance; provided, however, that Borrower shall not be obligated to comply with the terms of this Section 6.17(a) with respect to any such Wholly Owned Domestic Subsidiary until the Dollar Equivalent aggregate book value of the assets or estimated fair market value of such Wholly Owned Domestic Subsidiary equals $500,000 or more. Subject to the provisos at the end of the preceding sentence, each Wholly Owned Domestic Subsidiary of Borrower existing on the date hereof shall duly execute and deliver such a guaranty prior to the making of any Loan hereunder. Borrower will cause each of its Wholly Owned Domestic Subsidiaries required to guarantee the Obligations to deliver to Administrative Agent, simultaneously with its delivery of such a guarantee, written evidence satisfactory to Administrative Agent and its counsel that such Wholly Owned Domestic Subsidiary has taken all corporate or partnership action necessary to duly approve and authorize its execution, delivery and performance of such guarantee and any other documents which it is required to execute. 32. 33. (b) Each Wholly Owned Foreign Subsidiary now existing or created, acquired or coming into existence after the date hereof shall, promptly upon request by Administrative Agent, execute and deliver to Administrative Agent an absolute and unconditional guarantee of the timely repayment of the Obligations and the due and punctual performance of the obligations of Borrower hereunder, which guarantee shall be satisfactory to Administrative Agent in form and substance; provided, however, that Borrower shall not be obligated to comply with the terms of this Section 6.17(b) with respect to any such Wholly Owned Foreign Subsidiary until the Dollar Equivalent aggregate book value of the assets or estimated fair market value of such Wholly Owned Foreign Subsidiary equals $500,000 or more; provided further, however, if Borrower would be subject to any deemed dividend or similar adverse tax consequence as a result of a guarantee of the Obliga...
Guaranties of Borrower’s Subsidiaries. Each Subsidiary of Borrower now existing or created, acquired or coming into existence after the date hereof shall, promptly upon request by Administrative Agent, execute and deliver to Administrative Agent a supplement to the Guaranty in the form attached thereto guaranteeing the timely repayment of the Obligations and the due and punctual performance of the obligations of Borrower hereunder. Borrower will cause each of its Subsidiaries to deliver to Administrative Agent, simultaneously with its delivery of such a supplement, written evidence satisfactory to Administrative Agent and its counsel that such Subsidiary has taken all company action necessary to duly approve and authorize its execution, delivery and performance of such guaranty and any other documents which it is required to execute.
Guaranties of Borrower’s Subsidiaries. Each Subsidiary of Borrower shall, promptly upon request by Agent, execute and deliver to Agent an absolute and unconditional guaranty of the timely repayment of the Obligations and the due and punctual performance of the obligations of Borrower hereunder, which guaranty shall be satisfactory to Agent in form and substance. Borrower will cause each of its Subsidiaries to deliver to Agent, simultaneously with its delivery of such a guaranty, written evidence satisfactory to Agent and its counsel that such Subsidiary has taken all action necessary to duly approve and authorize its execution, delivery and performance of such guaranty and any other documents which it is required to execute.
Guaranties of Borrower’s Subsidiaries. Each Subsidiary of Borrower now existing or created, acquired or coming into existence after the date hereof shall, promptly upon request by Agent, execute and deliver to Agent an absolute and unconditional guaranty of the timely repayment of the Obligations and the due and punctual performance of the obligations of Borrower hereunder, which guaranty shall be satisfactory to Agent in form and substance. Each Subsidiary of Borrower existing on the date hereof shall duly execute and deliver such a guaranty
Guaranties of Borrower’s Subsidiaries. Each Subsidiary of Borrower now existing or created, acquired or coming into existence after the date hereof (other than the Partnerships, NCE Securities, Inc. and any Immaterial Subsidiaries) shall, promptly upon request by Agent, execute and deliver to Agent an absolute and unconditional guaranty of the timely repayment of the Obligations and the due and punctual performance of the obligations of Borrower hereunder, which guaranty shall be satisfactory to Agent in form and substance. Each Subsidiary of Borrower existing on the date hereof (other than the Partnerships, NCE Securities, Inc. and any Immaterial Subsidiaries) shall duly execute and deliver such a guaranty prior to the making of any Loan hereunder. Borrower will cause each of such Subsidiaries to deliver to Agent, simultaneously with its delivery of such a guaranty, written evidence satisfactory to Agent and its counsel that such Subsidiary has taken all corporate or partnership action necessary to duly approve and authorize its execution, delivery and performance of such guaranty and any other documents which it is required to execute. As used herein "Immaterial Subsidiary" means any Subsidiary which has no operations and whose assets, together with the assets of all other Subsidiaries who are not Guarantors (other than the Partnerships or NCE Securities, Inc.) have a value (at the greater of fair market value or book value) of less than $250,000).
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Guaranties of Borrower’s Subsidiaries. Each Subsidiary of Borrower now existing or created, acquired or coming into existence after the date hereof shall, promptly upon request by Lender, execute and deliver to Lender an absolute and unconditional guaranty of the timely repayment of the Obligations and the due and punctual performance of the Obligations of Borrower hereunder, which guaranty shall be satisfactory to Lender in form and substance. Borrower will cause each of its Subsidiaries to deliver to Lender, simultaneously with its delivery of such a guaranty, written evidence satisfactory to Lender and its counsel that such Subsidiary has
Guaranties of Borrower’s Subsidiaries. Each Subsidiary of Borrower now existing or created, acquired or coming into existence after the date hereof shall, promptly and in any event within 30 days after it has become a Subsidiary of Borrower, execute and deliver to Lender an absolute and unconditional guaranty of the timely repayment of the Obligations and the due and punctual performance of the obligations of Borrower hereunder, which guaranty shall be satisfactory to Lender in form and substance. Each Subsidiary of Borrower existing on the date hereof shall duly execute and deliver such a guaranty prior to the making of any Loan hereunder. Borrower will cause each of its Subsidiaries to deliver to Lender, simultaneously with its delivery of such a guaranty, written evidence satisfactory to Lender and its counsel that such Subsidiary has taken all company action necessary to duly approve and authorize its execution, delivery and performance of such guaranty and any other documents that it is required to execute.
Guaranties of Borrower’s Subsidiaries. Subject to Section 6.13(b), cause each of the following Domestic Subsidiaries to, and each such Person who becomes a Domestic Subsidiary after the date hereof (to the extent such Domestic Subsidiary meets the criteria set forth in this Section 6.12) to, within thirty (30) days after becoming a Domestic Subsidiary, execute and deliver to Administrative Agent an absolute and unconditional guaranty of the timely repayment of the Obligations of Borrower and the due and punctual performance of the Obligations of Borrower, which guaranty shall be substantially in the form of Exhibit E:
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