Guaranty by Subsidiaries Sample Clauses

Guaranty by Subsidiaries. The Company will cause each Subsidiary which delivers a Guaranty to any Person (collectively, the "Subsidiary Guarantors") in respect of any Indebtedness of the Company outstanding under the Revolving Credit Agreement to concurrently enter into a Subsidiary Guaranty, and within five Business Days thereafter shall deliver to each of the holders of the Notes the following items:
AutoNDA by SimpleDocs
Guaranty by Subsidiaries. The Company will cause each Subsidiary which delivers a Guaranty to any Person in respect of Debt of the Company outstanding under any of the Credit Agreement, the Shelf Note Purchase Agreement or the 2005 Note Purchase Agreement (subject to compliance with Section 10.10, excluding the Airedale Entities) to concurrently enter into a Subsidiary Guaranty, and within three Business Days thereafter will deliver to each of the holders of the Notes the following items:
Guaranty by Subsidiaries. (a) BGI shall cause each of the Significant Subsidiaries (excluding any foreign Subsidiaries) to execute and deliver to the Administrative Agent, for the benefit of the Administrative Agent and the Lenders, (i) a Guaranty in the form of Exhibit E attached hereto, and (ii) any other instruments and documents as the Administrative Agent may reasonably require, together with legal opinions in form and substance reasonably satisfactory to the Administrative Agent to be delivered to the Administrative Agent and the Lenders opining as to authorization, validity and enforceability of such Guaranties.
Guaranty by Subsidiaries. (a) The Company may, at its election, at any time or from time to time, cause any Subsidiary which is not then a Subsidiary Guarantor to become a Subsidiary Guarantor by satisfying the following conditions:
Guaranty by Subsidiaries. (a) The Company will cause each Subsidiary Guarantor existing as of the date of the Closing to execute and deliver to each holder of Notes, at the Closing, the Subsidiary Guaranty. (b) The Company will cause each other Subsidiary that executes and delivers a Guaranty supporting Bank Debt to execute and deliver to each holder of Notes a supplement to the Subsidiary Guaranty in the form of Exhibit A to Exhibit 9.8, and within three Business Days thereafter shall deliver to each of the holders of the Notes the following items: (i) an executed counterpart of such supplement to the Subsidiary Guaranty; (ii) such documents and evidence with respect to such Subsidiary as any holder of the Notes may reasonably have requested in order to establish the existence and good standing of such Subsidiary and the authorization of the transactions contemplated by the Subsidiary Guaranty; and (iii) an opinion of counsel satisfactory to the Required Holders to the effect that the supplement to the Subsidiary Guaranty has been duly authorized, executed and delivered and the Subsidiary Guaranty constitutes the legal, valid and binding contract and agreement of such Subsidiary enforceable in accordance with its terms, except as an enforcement of such terms may be limited by bankruptcy, insolvency, reorganization, moratorium and similar laws affecting the enforcement of creditors' rights generally and by general equitable principles. .c2.Section 9.9.
Guaranty by Subsidiaries. 22 Section 10. Negative Covenants....................................................................23
Guaranty by Subsidiaries. (a) The Company will cause (i) each Subsidiary that delivers a guarantee, or otherwise, directly or indirectly, incurs a Guaranty, in respect of obligations of the Company or any Domestic Subsidiary under the Credit Agreement or any other Loan Document (as defined in the Credit Agreement), or otherwise becomes liable as a borrower, co-borrower or other obligor under the Credit Agreement or any other Loan Document (as defined in the Credit Agreement) (other than (x) as a Foreign Subsidiary Borrower solely with respect to its direct obligations, (y) as an obligor solely with respect to its direct obligations under a Rate Management Transaction (as defined in the Credit Agreement) or (z) as a Foreign Subsidiary pledging collateral under a Collateral Document (as defined in the Credit Agreement) solely to secure the obligations of one or more Foreign Subsidiaries), to concurrently execute and deliver to Prudential and the holders of the Notes, a Subsidiary Guaranty, or a joinder in respect thereof, with respect to the Notes and (ii) each Material Domestic Subsidiary to execute and deliver to Prudential and the holders of the Notes, a Subsidiary Guaranty, or a joinder in respect thereof, with respect to the Notes within the timeframe contemplated by the last sentence of this Section 9.8(a). If the foregoing clause (ii) requires the addition of one or more Domestic Subsidiaries as Subsidiary Guarantors based on assets as of the end of a fiscal quarter and/or revenues during the period of four fiscal quarters ended as of the end of a fiscal quarter, then the addition of such Domestic Subsidiary or Domestic Subsidiaries as a Subsidiary Guarantor or Subsidiary Guarantors shall be consummated on or prior to the date upon which the Company’s delivery of financial statements under Section 7.1 after the end of such fiscal quarter is due.
AutoNDA by SimpleDocs
Guaranty by Subsidiaries. (a) Subject to clause (b) of this SECTION 5.17, the Company will cause each Subsidiary which delivers a Guaranty after the Closing Date to concurrently enter into a Subsidiary Note Guaranty, and within three Business Days thereafter shall deliver to each of the holders of the Notes the following items:
Guaranty by Subsidiaries. 24 SECTION 10. NEGATIVE COVENANTS.................................................................... 25
Guaranty by Subsidiaries. The Company will cause any Subsidiary which after the Closing Date guarantees the obligations of the Company under the 2001 Note Purchase Agreement or the Credit Agreement (an “Additional Subsidiary Guarantor”) to enter into the Guaranty Agreement, and deliver within 15 Business Days thereafter to each Noteholder the following items:
Time is Money Join Law Insider Premium to draft better contracts faster.