Eligible Guarantors definition

Eligible Guarantors means Hovnanian, each of Hovnanian’s subsidiaries listed on Exhibit B hereto and each other subsidiary of Hovnanian that Guarantees a series of Securities established under this Indenture.

Eligible Guarantors means the Company's domestic Subsidiaries.

Eligible Guarantors means each of the entities listed on Exhibit B hereto.

Examples of Eligible Guarantors in a sentence

• The Revolving Loans may also be used to provide working capital for the Eligible Guarantors and to fund expenses of Industries, SL Delaware and the Non-Operating Subsidiary as permitted by SECTION 13(i) hereof provided that such expenses of each of Industries, Delaware and each Non-Operating Subsidiary do not exceed the Expense Limit in any Fiscal Year.

• No Guarantor (other than Eligible Guarantors) shall sell, lease or furnish under contracts of service any of such Guarantor's Inventory; provided however, Guarantors may process Inventory for Eligible Guarantors and receive fees in connection with the same.

• Eligible Guarantors The Basel Framework and the U.S. Basel III Regulations permit banks to recognize eligible guarantees provided by eligible guarantors as a credit risk mitigant.

• In no event shall (1) an Opening Order Receivable created or arising after the Closing Date be included within the Eligible Accounts; and (2) a Receivable be included within the Eligible Accounts if such Receivable is not in accordance with the policy of the Borrower and Eligible Guarantors in existence on the Closing Date as to the extension of 30, 45 and 60 day terms to specified types of customers unless any such change to such policy is approved in writing by the Required Banks.

More Definitions of Eligible Guarantors

Eligible Guarantors means Kerx-XxXxx Xxerating Corporation, a Delaware corporation, and HS Resources, Inc., a Delaware corporation.

Eligible Guarantors means Hovnanian and each of the other entities listed on Exhibit B hereto.

Eligible Guarantors means the Company’s wholly-owned domestic subsidiaries.

Eligible Guarantors means, collectively, Condor D.C., Teal, RFL, Montevideo and Surface, and "ELIGIBLE GUARANTOR" shall mean each of them.

Eligible Guarantors means each of the Company’s North American Subsidiaries.

Eligible Guarantors means Xxxx-XxXxx Chemical Worldwide, LLC and HS Resources, Inc., a Delaware corporation (now Xxxx-XxXxx Rocky Mountain Corporation), and any other Guarantor named by the Company from time to time.

Eligible Guarantors means Kerx-XxXxx Xxerating Corporation, a Delaware corporation, and Kerx-XxXxx Xxcky Mountain Corporation, a Delaware corporation.