Common use of Ownership of the Obligors Clause in Contracts

Ownership of the Obligors. An Obligor (other than the Guarantor) is not or ceases to be a Subsidiary of the Guarantor.

Appears in 4 contracts

Samples: Amendment and Restatement Agreement (Hamilton Insurance Group, Ltd.), Amendment and Restatement Agreement (Hamilton Insurance Group, Ltd.), Facility Agreement (CALGON CARBON Corp)

AutoNDA by SimpleDocs

Ownership of the Obligors. An Obligor (other than the Principal Guarantor) is not or ceases to be a wholly owned Subsidiary of the Principal Guarantor.

Appears in 1 contract

Samples: Facility Agreement (Standard Commercial Corp)

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