Corporate Guarantors definition

Corporate Guarantors means, together, the Aegean Marine Guarantor and the Aegean Shipholdings Guarantor and "Corporate Guarantor" means either of them;
Corporate Guarantors means each of White River Holdings Corp, a Delaware corporation, White River E&P Management 1 LLC, a Texas limited liability company, White River Energy LLC, a Texas limited liability company, White River E&P LLC, a Texas limited liability company, White River SPV 2 LLC, a Texas limited liability company, White River SPV 3 LLC, a Texas limited liability company, and White River Operating LLC, a Texas limited liability company. .
Corporate Guarantors shall have the meaning given to such term in the preamble hereof.

Examples of Corporate Guarantors in a sentence

  • In Piramal, although Financial Creditor took pains to secure same amount by ensuring that two Corporate Guarantors are there (which is not prohibited by law) the Corporate Guarantor No. 1 simply walked away only because, CIRP had already been initiated against Corporate Guarantor No. 2.

  • Without initiating any CIRP against the Principal Borrower, it is always open to the Financial Creditor to initiate CIRP under Section 7 against the Corporate Guarantors, as the creditor is also the Financial Creditor qua Corporate Guarantor.

  • Ramakrishna.Considering the issues which were before the NCLAT when matter of Piramal was decided, it is clear that the Issue No.2 was relating to question whether CIRP can be initiated against two Corporate Guarantors simultaneously for same set of debt and default.

  • Two Members’ bench of the NCLAT in the Pirmal case held that:It is not necessary to initiate CIRP against the Principal Borrower before initiating CIRP against the Corporate Guarantors.

  • Further, though there is a provision to file joint application under Section 7 by the Financial Creditors, no application can be filed by the Financial Creditor against two or more Corporate Debtors on the ground of joint liability (Principal Borrower and one Corporate Guarantor, or Principal Borrower or two Corporate Guarantors or one Corporate Guarantor and other Corporate Guarantor), till it is shown that the Corporate Debtors combinedly are joint venture company.


More Definitions of Corporate Guarantors

Corporate Guarantors means Diversified Restaurant Holdings, Inc., AMC Wings, Inc., AMC Xxxx, Inc., TMA Enterprises of Ferndale, LLC, AMC Grand Blanc, Inc., Flyer Enterprises, Inc. and AMC Group, Inc.
Corporate Guarantors means, together, the Aegean Bunkering Guarantor, the Aegean Marine Guarantor and the Aegean Shipholdings Guarantor and "Corporate Guarantor" means any of them;
Corporate Guarantors have the meanings assigned to such terms in the preamble to this Agreement.
Corporate Guarantors means all Subsidiaries of the Borrower or of any other Loan Party now or hereafter existing and each other Person that executes and delivers to the Lender a Loan Party Guarantee of the Obligations and "Corporate Guarantor" means any one of them. As of the Closing Date, the Corporate Guarantors are: Integra Holdings Canada, Integra Holdings US, and XxXxxxx.
Corporate Guarantors means each of, or all of, as the context requires, those Corporate Guarantors, if any, set forth on Schedule 1.01.
Corporate Guarantors means, collectively, each Person listed on Schedule IV hereto and each Person who, from time to time, is required to execute a Corporate Guaranty in accordance with Section 5.01(b) or Section 6.10; provided such Person's status as a Corporate Guarantor shall be effective as of the date of such execution.
Corporate Guarantors means Leisure Time Casinos and Resorts, Inc. and Leisure Time Technology, Inc.