Common use of Subsidiary Guarantee Clause in Contracts

Subsidiary Guarantee. For so long as any Notes remain outstanding, upon any entity becoming a direct, or indirect, Subsidiary of the Company, the Company shall cause each such Subsidiary to become party to the Guaranty by executing a joinder to the Guaranty reasonably satisfactory in form and substance to the Required Holders.

Appears in 10 contracts

Samples: Securities Purchase Agreement (ECD Automotive Design, Inc.), Securities Purchase Agreement (BIT ORIGIN LTD), Securities Purchase Agreement (EF Hutton Acquisition Corp I)

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Subsidiary Guarantee. For so long as any Notes remain outstanding, upon any entity becoming a direct, or indirect, Subsidiary of the Company, the Company shall cause each such Subsidiary to become party to the Guaranty by executing a joinder to the Guaranty reasonably satisfactory in form and substance to the Required Holders.

Appears in 9 contracts

Samples: Securities Purchase Agreement (NANOMIX Corp), Securities Purchase Agreement (Boston Therapeutics, Inc.), Securities Purchase Agreement (Cannabics Pharmaceuticals Inc.)

Subsidiary Guarantee. For so long as any Notes remain outstanding, upon any entity becoming a direct, or indirect, Subsidiary (other than an Excluded Subsidiary) of the Company, the Company shall cause each such Subsidiary (other than any Excluded Subsidiary) to become party to the Guaranty by executing a joinder to the Guaranty reasonably satisfactory in form and substance to the Required Holders.

Appears in 4 contracts

Samples: Convertible Securities Purchase Agreement (Adagio Medical Holdings, Inc.), Securities Purchase Agreement (Adagio Medical Holdings, Inc.), Convertible Securities Purchase Agreement (ARYA Sciences Acquisition Corp IV)

Subsidiary Guarantee. (b) . For so long as any Notes remain outstanding, upon any entity becoming a direct, or indirect, Subsidiary of the Company, the Company shall cause each such Subsidiary to become party to the Guaranty by executing a joinder to the Guaranty reasonably satisfactory in form and substance to the Required Holders.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Ocean Biomedical, Inc.), Securities Purchase Agreement (BitNile Metaverse, Inc.)

Subsidiary Guarantee. For so as long as the Principal outstanding under any of the Notes remain remains outstanding, upon any entity becoming a direct, direct or indirect, indirect Subsidiary of the CompanyCompany with $25,000 or more in assets (each, a “Permitted Subsidiary”), the Company shall cause each such Permitted Subsidiary to become party to the Guaranty by executing a joinder to the Guaranty reasonably satisfactory in form and substance to the Required Holders.

Appears in 1 contract

Samples: Securities Purchase Agreement (Neovasc Inc)

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Subsidiary Guarantee. For so long as any Notes remain outstanding, upon any entity becoming a direct, or indirect, Subsidiary of the Company, the Company shall cause each such Subsidiary to become party to the Guaranty and the Security Agreement by executing a joinder to the Guaranty and Security Agreement reasonably satisfactory in form and substance to the Required Holders.

Appears in 1 contract

Samples: Securities Purchase Agreement (Lucid Diagnostics Inc.)

Subsidiary Guarantee. For so long as any Notes remain outstanding, upon any entity becoming a direct, or indirect, Subsidiary of the Company, the Company shall cause each such Subsidiary to become party to the Guaranty by executing a joinder to the Guaranty reasonably satisfactory in form and substance to the Required HoldersHolders (as defined below).

Appears in 1 contract

Samples: Securities Purchase Agreement (Delcath Systems, Inc.)

Subsidiary Guarantee. For so long as any Notes remain outstanding, upon any entity becoming a direct, or indirect, Subsidiary of the Company, the Company shall cause each such Subsidiary to become party to the Guaranty by executing a joinder to the Guaranty reasonably satisfactory in form and substance to the Required Holders.Holder, and shall cause each such Subsidiary not to incur any Indebtedness other than payables incurred in the ordinary course of business

Appears in 1 contract

Samples: Securities Purchase Agreement (FTC Solar, Inc.)

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