Guarantor Coverage. Where an entity becomes a Group member, it must become a Guarantor under this Agreement unless it is a dormant entity. The Borrower shall ensure that each such entity becomes an Additional Guarantor as soon as reasonably practicable and in any event within 30 days of such entity becoming a Group member.
Appears in 2 contracts
Samples: Loan Note Subscription Agreement (Metals Acquisition LTD), Loan Note Subscription Agreement (Metals Acquisition Corp)
Guarantor Coverage. Where an entity becomes a Borrower Group member, it must become a Guarantor under this Agreement unless it is a dormant entityAgreement. The Borrower shall ensure that each such the entity becomes an Additional Guarantor as soon as reasonably practicable and in any event within 30 days of such entity becoming a Borrower Group member.
Appears in 2 contracts
Samples: Syndicated Facility Agreement (Metals Acquisition LTD), Syndicated Facility Agreement (Metals Acquisition Corp)
