Examples of Affiliated Guarantor in a sentence
In the case of each Affiliated Guarantor, transfer (as a subordinated loan or otherwise) to the Borrower or any Subsidiary Guarantor (other than to another Affiliated Guarantor) an amount in cash equal to 50% of any excess cash flow (after excluding all cash amounts expected to be required to operate the business of such Affiliated Guarantor) of such Affiliated Guarantor determined on an annual basis beginning with the year ended December 31, 2008.
The Board shall, by separate Resolution, designate those officers and employees of the Authority that are authorized to approve and executecontract for the purchase, sale or transfer of Permitted Investments and funds.
The bank serving as the Administrative Agent hereunder shall have the same rights and powers in its capacity as a Lender as any other Lender and may exercise the same as though it were not an Agent, and such bank and its Affiliates may accept deposits from, lend money to and generally engage in any kind of business with the Borrower, any subsidiary or any Affiliated Guarantor or other Affiliate thereof as if it were not an Administrative Agent hereunder.
Massachusetts Right to know Substance(s) listed under Massachusetts Right to know: titanium dioxide; [in powder form containing 1 % or more of particles with aerodynamic diameter <= 10 µm] xylene [4] ethylbenzene isobutyl acetate [2] toluene.
Producer covenants that upon the execution of this Agreement, Producer or its Affiliated Guarantor shall have a Qualifying Credit Rating, or Producer or its Affiliated Guarantor shall have provided Performance Assurance in favour of Operator which is satisfactory to Operator.
The shares of capital stock or other ownership interests so indicated on Schedule 3.09 held in such Subsidiary or Affiliated Guarantor are fully paid and non-assessable and are owned by Holdings or the Borrower, directly or indirectly, free and clear of all Liens (other than Liens created under the Security Documents, the Orders, the LandCo Cash Collateral Order, the Existing Security Documents and/or post petition Liens permitted under Section 6.02).
All payments due from Holdings, the Borrower, any Subsidiary or any Affiliated Guarantor on account of wages and employee health and welfare insurance and other benefits that would reasonably be expected to have a Material Adverse Effect if not paid, have been paid or accrued as a liability on the books of Holdings, the Borrower, such Subsidiary or such Affiliated Guarantor.
None of Holdings, the Borrower, any Subsidiary or any Affiliated Guarantor is an “investment company” as defined in, or subject to regulation under, the Investment Company Act of 1940.
As of the date hereof and the Closing Date, there are no strikes or lockouts against Holdings, the Borrower, any Subsidiary or any Affiliated Guarantor pending or, to the actual knowledge of Holdings or the Borrower, threatened.