Domestic Subsidiary Guarantor definition

Domestic Subsidiary Guarantor means any Domestic Subsidiary that is also a Subsidiary Guarantor.

Domestic Subsidiary Guarantor means any Subsidiary Loan Party that is a Domestic Subsidiary.

Domestic Subsidiary Guarantor means a Domestic Subsidiary that does not constitute a U.S. Borrower or an Immaterial Subsidiary.

Examples of Domestic Subsidiary Guarantor in a sentence

• Notwithstanding the foregoing, the proceeds of any such Asset Sales by the Company or any Domestic Subsidiary Guarantor during the period from the Closing Date to the date of such proposed transaction, to the extent permitted in the foregoing sentence, shall not exceed seven and a half percent (7.5%) of the aggregate book value of the Company’s Consolidated Assets as of the end of the fiscal quarter immediately preceding the initial Asset Sale consummated after the Closing Date.

• Guarantee, endorse or otherwise in any manner become or be responsible for obligations of any other Person, except (a) endorsements of negotiable instruments for collection in the Ordinary Course of Business, (b) Guarantees of the Obligations, (c) guarantees by any Loan Party of obligations of the Borrower or of a Wholly-Owned Domestic Subsidiary Guarantor and (d) Guarantees of the Revolving Loans.

• Without limiting the generality of the foregoing, the Company will cause the Applicable Pledge Percentage of the issued and outstanding Equity Interests of each Subsidiary directly owned by the Company or any Domestic Subsidiary Guarantor to be subject at all times to a first priority, perfected Lien in favor of the Agent, for the benefit of the Holders of Secured Obligations, to secure the Secured Obligations in accordance with the terms and conditions of the Security Agreement.

• Guarantee, endorse or otherwise in any manner become or be responsible for obligations of any other Person, except (a) endorsements of negotiable instruments for collection in the Ordinary Course of Business; (b) Guarantees of the Obligations; and (c) guarantees by any Loan Party of the obligations of the Borrower or of a Wholly-Owned Domestic Subsidiary Guarantor; provided that if such obligations are subordinated to the Obligations, such guaranty shall be subordinated to the same extent.

• The undersigned shall constitute a [Domestic Subsidiary Guarantor] [Foreign Subsidiary Guarantor] for all purposes under the Guaranty and the other Loan Documents.

More Definitions of Domestic Subsidiary Guarantor

Domestic Subsidiary Guarantor means each Domestic Subsidiary that is party to the Subsidiary Guaranty. The initial Domestic Subsidiary Guarantors on the Closing Date are identified as such in Schedule 1.2 hereto.

Domestic Subsidiary Guarantor any Domestic Subsidiary of the Company that guarantees the borrowing obligations of the Company and the Borrowing Subsidiaries pursuant to the Security Documents.

Domestic Subsidiary Guarantor means (a) all of the Company’s Material Domestic Subsidiaries party to the Guaranty Agreement and (b) all other Subsidiaries of the Company which become Domestic Subsidiary Guarantors in accordance with Section 5.14(b).

Domestic Subsidiary Guarantor means (i) all of the Company’s Material Domestic Subsidiaries party to the Guaranty Agreement and (ii) all other Subsidiaries of the Company which become Domestic Subsidiary Guarantors in accordance with Section 6.14(b).

Domestic Subsidiary Guarantor means, collectively, (i) as of the Closing Date, the Domestic Subsidiaries of the Administrative Borrower listed on Part (b) of Schedule 5.14, and (ii) from time to time thereafter, each other Domestic Subsidiary of the Administrative Borrower that has executed and delivered a guaranty or guaranty supplement pursuant to the requirements of Section 6.12, in each case, unless such guaranty has been released in accordance with Section 9.10(c) or otherwise. Notwithstanding anything to the contrary contained herein, no Excluded Subsidiary shall be a “Domestic Subsidiary Guarantor” hereunder. As of the Closing Date, the Domestic Subsidiary Guarantor is APLLC.

Domestic Subsidiary Guarantor means a Wholly Owned Subsidiary that is (a) a Subsidiary, directly or indirectly, of the Company, (b) a Material Subsidiary and (c) a Domestic Subsidiary, but not an Excluded Domestic Subsidiary. As of the Restatement Effective Date, the Domestic Subsidiary Guarantors are Herbalife International of America, Inc., a Nevada corporation, Herbalife International Communications, Inc., a California corporation, Herbalife International Do Brasil Ltda, a corporation dually organized in Brazil and Delaware, Herbalife Korea Co., Ltd., a corporation dually organized in Korea and Delaware, Herbalife Taiwan, Inc., a California corporation and Herbalife International of Europe, Inc., a California corporation.

Domestic Subsidiary Guarantor means (a) each Domestic Subsidiary of the Issuer that is set forth on Schedule 1.01(C) and (b) each Domestic Subsidiary of the Issuer that is not an Excluded Subsidiary (unless Issuer has elected to cause such Domestic Subsidiary to become a Subsidiary Guarantor).