Examples of Additional Note Guarantee in a sentence
The guarantee from eircom and each such Additional Note Guarantee are subject to release in the circumstances described in the Indenture.
Each Additional Note Guarantor further agrees (to the extent permitted by law) that the Additional Note Guarantee Obligations may be extended or renewed, in whole or in part, without notice or further assent from it, and that it will remain bound under this Article XI notwithstanding any extension or renewal of any Additional Note Guarantee Obligation.
The Guarantor Class D Additional Note Guarantee shall rank junior to the Issuer's obligation to make payments on or otherwise perform in accordance with the terms of the Class A Notes, the Guarantor Class A Additional Note Guarantee, the Class B Notes, the Guarantor Class B Additional Note Guarantee, the Class C Notes and the Guarantor Class C Additional Note Guarantee, shall rank pari passu with its obligation to make payments on or otherwise perform in accordance with the terms of the Class D Notes.
Under the Act, the Bylaws and the Initial Consent, the Corporation has all necessary corporate power and authority to execute and deliver the Supplemental Indenture for Additional Note Guarantee and to perform its obligations thereunder and under the Indenture.
The guarantee given by eircom and each such Additional Note Guarantee are subject to release in the circumstances described in the Indenture.
SECTION 11.1 Additional Note Guarantors SECTION 11.2 Additional Note Guarantee SECTION 11.3 Limitation on Liability SECTION 11.4 No Subrogation SECTION 11.5 Release.
The Supplemental Indenture for Additional Note Guarantee has been duly executed and delivered by the Corporation, to the extent that execution and delivery thereof are governed by the laws of the State of Michigan.
As further set out in Article 11, each Additional Note Guarantee will be limited as necessary to recognize certain defenses generally available to guarantors (including those that relate to general statutory limitations, capital maintenance, corporate benefit, fraudulent preference, financial assistance or thin-capitalization rules or other similar laws or regulations (or analogous restrictions) of any applicable jurisdiction).
Each Additional Note Guarantor further agrees that the Additional Note Guarantee herein constitutes a Guarantee of payment when due (and not a Guarantee of collection) and waives (to the extent permitted by law) any right to require that any resort be had by any Holder to any security held for payment of the Additional Note Guarantee Obligations.
Under the Act, the Bylaws and the Initial Consent, the execution and delivery by the Corporation of the Supplemental Indenture for Additional Note Guarantee, and the performance by the Corporation of its obligations under the Supplemental Indenture for Additional Note Guarantee and the Indenture (including the issuance by the Corporation of the Subsidiary Guarantee under Article Fourteen of the Indenture) have been duly authorized by all necessary corporate action on the part of the Corporation.