Common use of Noteholder Collateral Platform Guarantees Clause in Contracts

Noteholder Collateral Platform Guarantees. (a) The obligations of the Issuer under this Indenture and the Notes shall, as a result of the is- suance of the Noteholder Collateral Bond issued to the Trustee pursuant to the Noteholder Collateral Plat- form, be fully and unconditionally guaranteed, jointly and severally, on a senior secured basis, by each Guarantor under its Noteholder Collateral Platform Guarantee and each other Person that the Issuer shall cause to become a Guarantor pursuant to the terms of this Indenture following the Issue Date.

Appears in 3 contracts

Samples: Execution Version, Indenture, Indenture

AutoNDA by SimpleDocs

Noteholder Collateral Platform Guarantees. (a) The obligations of the Issuer under this Indenture and the Notes shall, as a result of the is- suance issuance of the Noteholder Collateral Bond issued to the Trustee pursuant to the Noteholder Collateral Plat- formPlatform, be fully and unconditionally guaranteed, jointly and severally, on a senior secured basis, by each Guarantor under its Noteholder Collateral Platform Guarantee and each other Person that the Issuer shall cause to become a Guarantor pursuant to the terms of this Indenture following the Issue Date.

Appears in 2 contracts

Samples: Indenture (Norbord Inc.), Indenture (Norbord Inc.)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!