Agreed Guarantee Principles definition

Agreed Guarantee Principles shall have the meaning specified in Section 13.02.

Agreed Guarantee Principles means, with respect to any Subsidiary (other than the Company), that a guaranty of the Obligations shall not be required to be given by such Subsidiary to the extent such guaranty would:

Agreed Guarantee Principles means the Agreed Guarantee Principles embody a recognition by all parties that there may be certain legal, commercial and practical difficulties in obtaining effective Guarantees from the Company and each of its Restricted Subsidiaries located in every jurisdiction in which the Company and its Restricted Subsidiaries are located. In particular:

Examples of Agreed Guarantee Principles in a sentence

• Each Guarantor hereby agrees that its execution and delivery of this Indenture or, if applicable, a Supplemental Indenture substantially in the form attached as Exhibit B with such modifications as the Company reasonably determines are appropriate to comply with the Agreed Guarantee Principles, in each case, by one of its officers or authorized representatives, shall evidence its Guarantee set forth in Section 13.01 without the need for notation on the Notes.

• To evidence its Guarantee set forth in Section 13.01, each Note Guarantor hereby agrees that a notation of such Note Guarantee substantially in the form of Exhibit C (as modified to reflect Agreed Guarantee Principles to the extent contemplated by Section 4.24(b)) shall be endorsed by an officer of such Note Guarantor, which notation shall be applicable to each Note authenticated and delivered by the Trustee, and that this Indenture shall be executed on behalf of such Note Guarantor by any of its Officers.

• To evidence its Guarantee set forth in Section 10.01 hereof, subject to Section 10.07 hereof, each Guarantor hereby agrees that this Indenture (or a supplemental indenture in the form of Exhibit D hereto, with such modifications as the Issuer determines is appropriate to comply with the Agreed Guarantee Principles) shall be executed on behalf of such Guarantor by one of its authorized officers.

• The execution by each Guarantor of this Indenture (or a supplemental indenture in the form of Exhibit B as modified by the Agreed Guarantee Principles) evidences the Note Guaranty of such Guarantor, whether or not the person signing as an officer of the Guarantor still holds that office at the time of authentication of any Note.

• Any Foreign Subsidiaries guarantee may also be subject to other limitations specified in the applicable supplemental indenture as contemplated by the Agreed Guarantee Principles.

More Definitions of Agreed Guarantee Principles

Agreed Guarantee Principles means the Agreed Guarantee Principles set forth on Schedule 1.01(A).

Agreed Guarantee Principles means the “Agreed Guaranty and Security Principles” as set forth on Schedule 1.01 to the Credit Agreement as of the Issue Date, as applied mutatis mutandis with respect to the Notes in good faith by Holdings, other than, for the avoidance of doubt, the provisions related to collateral or security set forth in such Agreed Guaranty and Security Principles.

Agreed Guarantee Principles means:

Agreed Guarantee Principles means the agreed guarantee principles appended to this Indenture.

Agreed Guarantee Principles means the following principles that embody a recognition by all parties to this Agreement that there may be certain legal and practical limitations on the scope and enforceability of guarantees from the Guarantors in certain jurisdictions outside of the United States and Canada that become parties to this agreement after the Effective Date. In particular:

Agreed Guarantee Principles means the following principles that embody a recognition by all parties to this Agreement that there may be certain legal and practical limitations on the scope and enforceability of guarantees from the Guarantors in certain jurisdictions outside of the United States and Canada that become parties to this agreement after the Effective Date. In particular: (a) general statutory limitations, capital maintenance, financial assistance, corporate benefit, fraudulent preference, “thin capitalization” rules, regulatory restrictions and similar principles may require that the guarantee be limited by an amount or otherwise. If any such limit applies, the guarantees provided may be limited to the maximum amount which the relevant Guarantor may provide having regard to applicable law under the jurisdiction of organization of such Guarantor; and (b) to the extent required to comply with applicable law, guarantees may be limited to mitigate a risk to the directors or officers of the relevant grantor of such guarantee of contravention of any statutory duty in such capacity or their fiduciary duties and/or which could 3 1120544.02G-CHISR02A - MSW

Agreed Guarantee Principles means the principles set forth as an exhibit to the Indenture, in substantially the form attached as Exhibit A hereto.