Common use of Joinder and Guaranty Agreements Clause in Contracts

Joinder and Guaranty Agreements. The Borrower and each of its Subsidiaries will cause each of their Subsidiaries, whether newly formed, hereafter acquired, or otherwise existing, upon the creation or acquisition thereof, to become a Guarantor hereunder by way of a Joinder Agreement attached hereto as Exhibit G, a Guaranty Agreement attached hereto as Exhibit H, a Contribution Agreement by and among the Borrower and all Guarantors, and the execution of mortgages, deeds of trust, security agreements, pledges, and any other instruments in form and substance satisfactory to Agent and in Agent's sole discretion covering all of such Subsidiaries' assets as security for the Obligations, together with evidence satisfactory to the Agent, in Agent's sole discretion, that all such collateral will be subject to a perfected first Lien on such collateral, exclusive of certificated vehicles, in favor of the Agent, with only such Liens or other encumbrances of any kind on such collateral permitted by Section 9.02 or otherwise permitted by the Agent.

Appears in 2 contracts

Samples: Subordinate Credit Agreement (Crimson Exploration Inc.), Credit Agreement (Crimson Exploration Inc.)

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Joinder and Guaranty Agreements. The Borrower and each of its Active Subsidiaries will cause each of their Active Subsidiaries, whether newly formed, hereafter acquired, or otherwise existing, upon the creation or acquisition thereof, to become a Guarantor hereunder by way of a Joinder Agreement attached hereto as Exhibit G, a Guaranty Agreement attached hereto as Exhibit H, a Contribution Agreement by and among the Borrower and all Guarantors, and the execution of mortgages, deeds of trust, security agreements, pledges, and any other instruments in form and substance satisfactory to Agent and in Agent's ’s sole discretion covering all of such Subsidiaries' assets as security for the Obligations, together with evidence satisfactory to the Agent, in Agent's ’s sole discretion, that all such collateral will be subject to a perfected first Lien on such collateral, exclusive of certificated vehicles, in favor of the Agent, with only such Liens or other encumbrances of any kind on such collateral permitted by Section 9.02 or otherwise permitted by the Agent.. •

Appears in 1 contract

Samples: Credit Agreement (Crimson Exploration Inc.)

Joinder and Guaranty Agreements. The Borrower and each of its Active Subsidiaries will cause each of their Active Subsidiaries, whether newly formed, hereafter acquired, or otherwise existing, upon the creation or acquisition thereof, to become a Guarantor hereunder by way of a Joinder Agreement attached hereto as Exhibit G, a Guaranty Agreement attached hereto as Exhibit H, a Contribution Agreement by and among the Borrower and all Guarantors, and the execution of mortgages, deeds of trust, security agreements, pledges, and any other instruments in form and substance satisfactory to Agent and in Agent's ’s sole discretion covering all of such Subsidiaries' assets as security for the Obligations, together with evidence satisfactory to the Agent, in Agent's ’s sole discretion, that all such collateral will be subject to a perfected first Lien on such collateral, exclusive of certificated vehicles, in favor of the Agent, with only such Liens or other encumbrances of any kind on such collateral permitted by Section 9.02 6.02 or otherwise permitted by the Agent.

Appears in 1 contract

Samples: Credit Agreement (Crimson Exploration Inc.)

Joinder and Guaranty Agreements. The Borrower and each of its Active Subsidiaries will cause each of their Active Subsidiaries, whether newly formed, hereafter acquired, or otherwise existing, upon the creation or acquisition thereof, to become a Guarantor hereunder by way of a Joinder Agreement attached hereto as Exhibit G, a Guaranty Agreement attached hereto as Exhibit H, a Contribution Agreement by and among the Borrower and all Guarantors, and the execution of mortgages, deeds of trust, security agreements, pledges, and any other instruments in form and substance satisfactory to Agent and in Agent's sole discretion covering all of such Subsidiaries' assets as security for the Obligations, together with evidence satisfactory to the Agent, in Agent's sole discretion, that all such collateral will be subject to a perfected first Lien on such collateral, exclusive of certificated vehicles, in favor of the Agent, with only such Liens or other encumbrances of any kind on such collateral permitted by Section 9.02 or otherwise permitted by the Agent.

Appears in 1 contract

Samples: Credit Agreement (Crimson Exploration Inc.)

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Joinder and Guaranty Agreements. The Borrower and each of its Subsidiaries will cause each of their Subsidiaries, whether newly formed, hereafter after acquired, or otherwise existing, upon the creation or acquisition thereof, to become a Guarantor hereunder by way of a Joinder Agreement attached hereto as Exhibit EXHIBIT G, a Guaranty Agreement attached hereto as Exhibit EXHIBIT H, a Contribution Agreement by and among the Borrower and all Guarantors, and the execution of mortgages, deeds of trusttrusts, security agreements, pledges, and any other instruments in form and substance satisfactory to Agent and in Agent's sole discretion covering all of such Subsidiaries' assets as , assets, security for the Obligations, together with evidence satisfactory to the Agent, in Agent's sole discretion, that all such collateral will be subject to a perfected first Lien on such collateral, exclusive of certificated vehicles, collateral in favor of the Agent, with only such Liens or other encumbrances of any kind on such collateral permitted by Section 9.02 or otherwise permitted by that are acceptable to the Agent.

Appears in 1 contract

Samples: Credit Agreement (Mission Resources Corp)

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