Dealership Guarantors definition

Dealership Guarantors means each entity listed on Schedule 1.1.5 hereof providing a Dealership Guaranty and a Dealership Security Agreement to the Agent, and each other entity providing a Dealership Guaranty and a Dealership Security Agreement to Agent pursuant to Section 5.2 (L) of this Agreement, and their respective successors and assigns.
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Dealership Guarantors means each Lithia Dealership, Lithia Financial Corporation and Lithia Real Estate, Inc., providing a Dealership Guaranty and/or a Dealership Security Agreement to the Lender, and their respective successors and assigns.
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Dealership Guarantors means each Sonic Dealership providing a Dealership Guaranty and a Dealership Security Agreement to the Lender, and their respective successors and assigns.
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Examples of Dealership Guarantors in a sentence

  • The Lender has stated and the Borrower acknowledges that, but for the agreement by each of the Dealership Guarantors to execute and deliver its respective Dealership Guaranty and Dealership Security Agreements, the Lender would not have made available the credit facilities established hereby on the terms set forth herein.

  • Lender is willing to increase the Original Loan if and only if (i) Borrower executes this Amendment and the Amended Note, (ii) each Dealership Guarantor reaffirms its obligations under its Dealership Guaranty and Dealership Security Agreement and under the Contribution Agreement (each as defined in the Agreement), and (iii) the Loan continues to be cross-collateralized and cross-defaulted with other Indebtedness of Borrower and Dealership Guarantors.

  • Lender is willing to increase the Original Loan if and only if (i) Borrower executes this Amendment and the Amended Note, (ii) each Dealership Guarantor reaffirms its obligations under its Dealership Guaranty and Dealership Security Agreement and under the Contribution Agreement (each as defined in the Agreement), (iii) the Loan continues to be cross-collateralized and cross-defaulted with other Indebtedness of Borrower and Dealership Guarantors, and (iii) Lithia Real Estate, Inc.

  • The Borrower shall use the proceeds of the Advances to fund the Dealership Guarantors' used automotive inventory.

  • The Borrower shall use the proceeds of the Advances to fund Permitted Acquisitions or for any other purpose related to Borrower's or Dealership Guarantor's business ("Working Capital Funds"), provided, however, that the aggregate amount of Advances outstanding at any given time as Working Capital Funds shall not exceed one hundred percent (100%) of the Scaled Assets value (as determined by Lender) .

  • The Lender has stated and the Borrower acknowledges that, but for the agreement by each of the Dealership Guarantors to execute and deliver its respective Dealership Guaranty and Dealership Securities Agreement, the Lender would not have made available the credit facilities established hereby on the terms set forth herein.

  • The Obligations of Borrower under this Note and the Loan Documents, and the obligations of the Dealership Guarantors and any other parties to the loan are secured by the Collateral as provided in the Loan Documents.

  • The Lender has stated and the Borrower acknowledges that, but for the agreement by each of the Subsidiary Holding Companies and the Dealership Guarantors to execute and deliver their respective Subsidiary Holding Company Guaranty, Dealership Guaranty, Subsidiary Holding Company Security Agreement, and Dealership Security Agreement, the Lender would not have made available the credit facilities established hereby on the terms set forth herein.

  • XxXxxxx Frisco-Hon, L.P. Total Dealership Guarantors in Texas 10 *This entity is owned 100% by Precision Enterprises Tampa, Inc.


More Definitions of Dealership Guarantors

Dealership Guarantors means each Lithia Dealership, Lithia Fiancial Corporation and Lithia Real Estate, Inc. providing a Dealership Guaranty and/or a Dealership Security Agreement to the Lender, and their respective successors and assigns.
Sample 1

Related to Dealership Guarantors

  • Parent Guarantors means, (i) Parent, (ii) Holding, (iii) JBS Global Luxembourg S.à x.x., (iv)

  • Guarantors means each of:

  • Initial Guarantors shall have the meaning set forth in the preamble.

  • Original Guarantors shall have the meaning assigned to such term in the Preamble hereof.

  • U.S. Guarantors means and include each U.S. Borrower (in its capacity as a guarantor under the U.S. Guaranty) and each U.S. Subsidiary Guarantor.

  • Canadian Guarantors means and include each Canadian Borrower (in its capacity as a guarantor under the Canadian Guarantee) and each Canadian Subsidiary Guarantor.

  • Subsidiary Guarantors means (i) the subsidiaries listed in Schedule I hereto; (ii) any successor of the foregoing; and (iii) each other Subsidiary of the Company that becomes a Subsidiary Guarantor in accordance with Section 1305 hereof, in each case (i), (ii) and (iii) until such Subsidiary Guarantor ceases to be such in accordance with Section 1304 hereof.

  • Additional Guarantors shall have the meaning assigned to such term in the Preamble hereof.

  • Foreign Guarantors means and includes each Foreign Borrower and each Foreign Subsidiary Guarantor.

  • U.S. Subsidiary Guarantor means each U.S. Subsidiary which has executed and delivered to the U.S. Administrative Agent the U.S. Subsidiary Guaranty (or a supplement thereto).

  • Parent Guarantor has the meaning specified in the recital of parties to this Agreement.

  • Canadian Subsidiary Guarantor each Canadian Subsidiary of any Canadian Borrower which executes and delivers the Canadian Guarantee and Collateral Agreement, in each case, unless and until such time as the respective Canadian Subsidiary Guarantor ceases to constitute a Canadian Subsidiary of the Parent Borrower or is released from all of its obligations under the Canadian Guarantee and Collateral Agreement in accordance with the terms and provisions thereof.

  • Co-Issuers The Issuer and the Co-Issuer.

  • Issuers the collective reference to each issuer of any Investment Property.

  • Guarantor Subsidiaries has the meaning set forth in the Recitals to this Agreement.

  • Non-Guarantor Subsidiaries means, as of any date of determination, a collective reference to:

  • Non-U.S. Subsidiary means a Subsidiary of the Borrower that is not a U.S. Subsidiary.

  • Receivables Sellers means the Company and those Subsidiaries (other than Receivables Entities) that are from time to time party to the Permitted Receivables Facility Documents.

  • Initial Guarantor has the meaning set forth in the preamble hereto.

  • Non-Guarantor means any Restricted Subsidiary that is not a Guarantor.

  • Obligors means the Borrower and the Guarantors and an Obligor means any of them.

  • Performance Guarantor means Parent.

  • Covenantors means the Group Companies, the Founder and the Founder Holding Company, and a “Covenantor” means any of the Covenantors.

  • Operating Partnership has the meaning set forth in the preamble.

  • Subsidiary Guaranty Agreement means each unconditional guaranty agreement executed by the Subsidiary Guarantors in favor of the Administrative Agent for the ratable benefit of the Secured Parties, substantially in the form of Exhibit H, as amended, restated, supplemented or otherwise modified from time to time.

  • Non-Guarantor Subsidiary means any Subsidiary of the Borrower that is not a Subsidiary Guarantor.