Subsidiaries Guaranties. On the Initial Borrowing Date, each Subsidiary Guarantor shall have duly authorized, executed and delivered the Subsidiaries Guaranty in the form of Exhibit G (as amended, modified, restated and/or supplemented from time to time, the “Subsidiaries Guaranty”), guaranteeing all of the obligations of the Borrower as more fully provided therein, and the Subsidiaries Guaranty shall be in full force and effect.
Subsidiaries Guaranties. With respect to each Person which becomes a Significant Domestic Subsidiary of the Company subsequent to the Effective Date hereof, within thirty (30) days of the date of Company's delivery of the financial statements required under Section 7.3(b) or 7.3(c) which establish that such Person is or has become a Significant Domestic Subsidiary, cause such Subsidiary to execute and deliver to Agent, for and on behalf of each of the Banks, a Joinder Agreement whereby such Significant Domestic Subsidiary becomes obligated as a Guarantor under the Domestic Guaranty, together with such supporting documentation, including without limitation corporate authority items, certificates and opinions of counsel, as reasonably required by Agent, acting in its capacity as Collateral Agent, as aforesaid.
Subsidiaries Guaranties. On the Initial Borrowing Date, each U.S. Subsidiary Guarantor shall have duly authorized, executed and delivered the U.S. Subsidiaries Guaranty in the form of Exhibit I-1 (as amended, modified or supplemented from time to time, the “U.S. Subsidiaries Guaranty”), guaranteeing all of the obligations of the U.S. Borrower as more fully provided therein.
Subsidiaries Guaranties. With respect to each Person which becomes a Significant Domestic Subsidiary of the Company subsequent to the Effective Date hereof, whether by Permitted Acquisition, Division or otherwise, within thirty (30) days of the date of Company’s delivery of the financial statements required under Section 7.3(b) or 7.3(c) which establish that such Person is or has become a Significant Domestic Subsidiary, cause such Subsidiary to execute and deliver to Agent, for and on behalf of each of the Banks, a Joinder Agreement (Guaranty) whereby such Significant Domestic Subsidiary becomes obligated as a Guarantor under the Domestic Guaranty, together with such supporting documentation, including without limitation corporate authority items, certificates and opinions of counsel, as reasonably required by Agent, acting in its capacity as Collateral Agent, as aforesaid.
Subsidiaries Guaranties. With respect to each Person which becomes a Significant Subsidiary of the Company subsequent to the effective date hereof, within thirty days of the date of Company's delivery of the financial statements required under Section 7.3(b) or 7.3(c) which establish that such Person is or has become a Significant Subsidiary (but in any event, in the case of a Permitted Borrower, prior to the time such Permitted Borrower shall be entitled to request any Advances hereunder), cause such Subsidiary to execute and deliver to Agent, for and on behalf of each of the Banks, a Joinder Agreement whereby such Significant Subsidiary becomes obligated as a Guarantor under the Domestic Guaranty or the Foreign Guaranty, as applicable, together with such supporting documentation, including without limitation corporate authority items, certificates and opinions of counsel, as reasonably required by Agent and the Majority Banks.
Subsidiaries Guaranties. On the Initial Borrowing Date, each Subsidiary Guarantor (other than any Subsidiary Guarantor which is a Foreign Subsidiary where the Administrative Agent determines, based on advice of local counsel, that it would be preferable for the respective Subsidiary Guarantor not to execute and deliver the U.S. Subsidiaries Guaranty, but only to execute and deliver a Foreign Subsidiaries Guaranty as contemplated below) shall have duly authorized, executed and delivered the U.S. Subsidiaries Guaranty in the form of Exhibit F (as modified, amended or supplemented from time to time, the “U.S. Subsidiaries Guaranty”) and the U.S. Subsidiaries Guaranty shall be in full force and effect. With respect to any Subsidiary Guarantor which is a Foreign Subsidiary of the Parent, if the Administrative Agent determines (based on advice of local counsel) that it would be in the interests of the Lenders that (x) the respective Subsidiary Guarantor execute both the U.S. Subsidiaries Guaranty and a guaranty governed by the law of the jurisdiction in which the respective Foreign Subsidiary is organized or (y) the respective Subsidiary Guarantor execute only a guaranty governed by the laws of the jurisdiction in which the respective Subsidiary Guarantor is organized then the respective Subsidiary Guarantor shall take the actions contemplated by clauses (x) or (y), as the case may be, above (and, in the case of clause (y) above, shall not execute the U.S. Subsidiaries Guaranty). Each guaranty to be executed and delivered by Foreign Subsidiaries of the Parent pursuant to the immediately preceding sentence (each, as modified, amended or supplemented from time to time, a “Foreign Subsidiaries Guaranty”) shall be prepared by local counsel satisfactory to the Administrative Agent and be in form and substance satisfactory to the Administrative Agent, and shall conform as nearly as possible (as to the obligations guaranteed and the rights intended to be granted thereunder) to the U.S. Subsidiaries Guaranty, taking into account variations necessary or desirable under applicable local law. Each Foreign Subsidiaries Guaranty shall be in full force and effect. Schedule III sets forth a list of all Subsidiaries of the Parent which shall have executed and delivered a Subsidiaries Guaranty on or prior to the Initial Borrowing Date.
Subsidiaries Guaranties. (a) On the Effective Date, each U.S. Borrower and each U.S. Subsidiary Guarantor shall have duly authorized, executed and delivered the U.S. Subsidiaries Guaranty substantially in the form of Exhibit E-1 (as amended, modified and/or supplemented from time to time, the “U.S. Subsidiaries Guaranty”), and the U.S. Subsidiaries Guaranty shall be in full force and effect.
(b) On the Effective Date, each Canadian Subsidiary Guarantor shall have duly authorized, executed and delivered the Canadian Subsidiaries Guarantee substantially in the form of Exhibit E-2 (as amended, modified and/or supplemented from time to time, the “Canadian Subsidiaries Guarantee”), and the Canadian Subsidiaries Guarantee shall be in full force and effect.
Subsidiaries Guaranties. 69 7.20 Subsidiaries; Security Documents............................................................... 69
Subsidiaries Guaranties. With respect to each corporation which becomes a Subsidiary subsequent to the date of this Agreement, within thirty days of the date a new Subsidiary is created or acquired, as the case may be, cause such Subsidiary to execute and deliver to Agent, for and on behalf of each of the Banks, a Joinder Agreement whereby such Subsidiary becomes obligated as a Guarantor under the Guaranty, together with such supporting documentation, including without limitation corporate authority items, certificates and opinions of counsel, as reasonably required by Agent and the Majority Banks.
Subsidiaries Guaranties. 89 7.23 Special Covenants for Leasing Program and Other Covenants..........................89 7.24 Year 2000 Requirement..............................................................90 8. NEGATIVE COVENANTS.............................................................................90 8.1 Capital Structure and Redemptions..................................................90
