Required Guarantors. The Company will not permit (a) the Consolidated EBITDA of Restricted Subsidiaries that are Domestic Subsidiaries but not Guarantors to exceed 10% of Consolidated EBITDA on a Pro Forma Basis or (b) the combined assets of Restricted Subsidiaries that are Domestic Subsidiaries but not Guarantors to exceed 10% of the assets of the Company and the Restricted Subsidiaries taken as a whole on a Pro Forma Basis.
Required Guarantors. (a) If, during any fiscal quarter, any Domestic Subsidiary (other than an Excluded Subsidiary, subject to paragraph (b) below) is formed or acquired (by way of Division or otherwise) or any Excluded Subsidiary ceases to be an Excluded Subsidiary, the Borrower will provide notice of such formation, acquisition or cessation in the compliance certificate delivered pursuant to Section 5.01(c) for such fiscal quarter and, concurrently with the delivery of such compliance certificate, cause such Subsidiary to execute and deliver a Guarantee Agreement.
Required Guarantors. (a) If any Domestic Subsidiary is formed or acquired after the Effective Date, the Borrower will, within ten (10) Business Days, notify the Administrative Agent and the Lenders thereof and promptly but in no event later than twenty (20) Business Days after such formation or acquisition cause the Subsidiary to execute a Guarantee Agreement.
Required Guarantors. As promptly as possible but in any event within (i) forty-five (45) days (or such later date as may be agreed by the Administrative Agent in its sole discretion) after a Subsidiary that meets the requirements of the definition for a “Guarantor” hereunder is organized or acquired, or (ii) with respect to any other Subsidiary, within ten (10) Business Days after the date that the audited financial statements are required to be delivered pursuant to Section 6.1(a) above for the period during which such Subsidiary becomes a Subsidiary that meets the requirements of the definition for a Guarantor hereunder, the Borrower shall provide the Administrative Agent with written notice thereof setting forth information in reasonable detail describing the material assets of such Subsidiary and shall cause each such Subsidiary that is not an Excluded Subsidiary to deliver to the Administrative Agent a joinder to the Guaranty (in the form contemplated thereby) pursuant to which such Subsidiary agrees to be bound by the terms and provisions thereof, such Guaranty joinder to be accompanied by appropriate resolutions, other corporate or legal entity documentation, in each case in form and substance reasonably satisfactory to the Administrative Agent and its counsel, and such legal opinions and other documentation as the Administrative Agent may reasonably request. Notwithstanding any provision of this Agreement to the contrary, no Excluded Subsidiary shall be required to become a Guarantor pursuant to this Section 6.19 or otherwise pursuant to any Loan Document.
Required Guarantors. (a) If any Domestic Subsidiary (other than an Excluded Subsidiary, subject to paragraph (b) below) is formed or acquired after the Effective Date or any Excluded Subsidiary ceases to be an Excluded Subsidiary, the Borrower will, within ten (10) Business Days, notify the Administrative Agent and the Lenders thereof and, promptly but in no event later than forty-five (45) Business Days after such formation or acquisition, cause such Subsidiary to execute a Guarantee Agreement.
Required Guarantors. (a) If any Domestic Subsidiary (other than an Excluded Subsidiary, subject to paragraph (b) below) is formed or acquired (including, without limitation, pursuant to the Acquisitions) after the Effective Date, the Borrower will, within ten (10) Business Days, notify the Administrative Agent and the Lenders thereof and promptly but in no event later than twenty (20) Business Days after such formation or acquisition cause the Subsidiary to execute a Guarantee Agreement; provided that, any Domestic Subsidiary of Keystone North America, Inc. shall not be required to execute a Guarantee Agreement until such time as it is a wholly-owned Subsidiary of the Borrower.
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Required Guarantors. Permit (a) as of the last day of any ------------------- fiscal quarter, (i) the Consolidated Total Assets owned or controlled by Domestic Subsidiaries that are not Guarantors to exceed 10% of Consolidated Total Assets or (ii) the Consolidated Total Assets owned or controlled by Foreign Subsidiaries that are not Guarantors to exceed 15% of Consolidated Total Assets, and (b) any such failure to continue beyond the time period for additional Subsidiaries to become parties to the Guarantee Agreement as required by Section 5.09.
Required Guarantors. (a) Subject to Section 5.10(b), the Borrower at all times shall cause all Domestic Subsidiaries other than Excluded Domestic Subsidiaries to be Guarantors.
Required Guarantors. (a) If any Domestic Subsidiary (other than an Excluded Subsidiary, subject to paragraph (b) below) is formed or acquired (including, without limitation, pursuant to the Acquisitions) after the Effective Date, the Borrower will, within ten (10) Business Days, notify the Administrative Agent and the Lenders thereof and promptly but in no event later than twenty (20) Business Days after such formation or acquisition cause the Subsidiary to execute a Guarantee Agreement; provided that, any Domestic Subsidiary of Keystone North America, Inc. shall not be required to execute a Guarantee Agreement until such time as it is a wholly-owned Subsidiary of the Borrower. (b) If, at any time, (i) the aggregate consolidated revenues of Foreign Subsidiaries and Excluded Subsidiaries exceed twenty percent (20%) of the aggregate total consolidated revenue for the most recently ended period of four (4) fiscal quarters of the Borrower or (ii) the aggregate consolidated assets of Foreign Subsidiaries and Excluded Subsidiaries exceeds twenty percent (20%) of the aggregate total consolidated assets as of the end of the most recently ended fiscal quarter of the Borrower and all of its Subsidiaries, the Borrower shall promptly cause one or more of said Foreign Subsidiaries or Excluded
