European Subsidiary Guarantor definition

European Subsidiary Guarantor means the U.K. Guarantor and each Material Subsidiary of the European Borrower which executes and delivers a European Subsidiaries Guaranty unless and until such time as the applicable European Subsidiary Guarantor is released from all of its obligations under its European Subsidiaries Guaranty in accordance with the terms and provisions hereof or thereof.
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European Subsidiary Guarantor means each European Subsidiary which has executed and delivered the Subsidiary Guaranty (or a supplement thereto).
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European Subsidiary Guarantor contained in Section 1 of the Credit Agreement. (vii) By deleting the words "and Inventory of the U.K. Guarantor" from the definition of "Inventory" contained in Section 1 of the Credit Agreement. (viii) By deleting the words "the Canadian Borrower's, or the U.K. Guarantor's" from the definition of "Net Liquidation Percentage" contained in Section 1 of the Credit Agreement, and by substituting in lieu thereof the words "or the Canadian Borrower's". (ix) By deleting the definition of "U.K. Guarantor" contained in Section 1 of the Credit Agreement. (x) By deleting the references to "the U.K. Guarantor" contained in Section 5.03(b) (i)(C) and (b)(ii) of the Credit Agreement, and the words "(other than the U.K. Guarantor)" from Section 5.03(c) of the Credit Agreement. (xi) By deleting the words "the Canadian Credit Parties and the U.K. Guarantor" from Section 9.06(b)(i) of the Credit Agreement, and by substituting in lieu thereof the words "and the Canadian Credit Parties". (xii) By deleting the words "(other than U.K. Inventory included in the Collateral)" from Section 10.04(xxvi) of the Credit Agreement. (xiii) By deleting the reference to "U.K. Guarantor" from Section 10.10(e) of the Credit Agreement. (xiv) By deleting the words "or the U.K. Guarantor" and "the U.K. Guarantor" from Section 12.01 of the Credit Agreement. (xv) By deleting the reference to "U.K. Guarantor" from Section 13.12(a) and (b) of the Credit Agreement. (d) Amendments in Connection with Sale and Releases of Other European Subsidiaries and European Restructuring Transactions. In connection with the sale and release of each of Recycling German Works and Extruded Products Germany as a Specified European Manufacturing Subsidiary pursuant to the terms of this Agreement, and certain other name changes and corporate structuring transactions by the European Credit Parties which have occurred since the Closing Date, the Credit Agreement shall be amended as follows: - 9 - (i) By deleting the definition of "European Parent Guarantor" contained in Section 1 of the Credit Agreement, and by substituting in lieu thereof the following: "European Parent Guarantor" shall mean each of (i) the direct parent of the European Borrower and (ii) the direct or indirect parent of the entity described in preceding clause (i) which is not a U.S. Credit Party. On February __, 2015, the European Parent Guarantors are Dutch Aluminum C.V., a limited partnership organized under the laws of The Netherlands, and Aleris Al...
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Examples of European Subsidiary Guarantor in a sentence

  • The rights and obligations of each European Loan Party hereunder shall remain in full force and effect notwithstanding the addition of any new European Subsidiary Guarantor as a party to this Agreement.

  • Upon execution and delivery by the European Collateral Agent and any such Foreign Subsidiary of a supplement in the form of Exhibit A hereto, such Foreign Subsidiary shall become a European Subsidiary Guarantor hereunder with the same force and effect as if originally named as a European Subsidiary Guarantor herein.


More Definitions of European Subsidiary Guarantor

European Subsidiary Guarantor in the European Guarantee Agreement shall be deemed to include the New Guarantor. The European Guarantee Agreement is hereby incorporated herein by reference.
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European Subsidiary Guarantor means (i) on the Restatement Effective Date, the Subsidiaries of the German Borrower designated as European Subsidiary Guarantors on Schedule V hereto and (ii) from and after the Restatement Effective Date, any Foreign Subsidiary of Aleris that is a Wholly-Owned Subsidiary (other than the Swiss CE and its Subsidiaries, the German Borrower and the European Parent Guarantors) that becomes a European Subsidiary Guarantor pursuant to Section 7.10, in each case until such time as the respective European Subsidiary Guarantor is released from all of its obligations under its European Subsidiaries Guaranty in accordance with the terms and provisions thereof.
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European Subsidiary Guarantor means each Foreign Subsidiary of Aleris (other than the Swiss CE and its Subsidiaries, and the German Borrower and the European Parent Guarantors), in each case which is a Wholly-Owned Subsidiary and unless and until such time as the respective European Subsidiary Guarantor is released from all of its obligations under its European Subsidiaries Guaranty in accordance with the terms and provisions thereof and unless (or in the case of clause (i) below, except to the extent) the giving of a guaranty by such Person (i) is restricted or prohibited by general statutory limitations, financial assistance, corporate benefit, fraudulent preference, “thin capitalization” rules or similar principles, or (ii) is not within the legal capacity of the relevant Subsidiary or would conflict with the fiduciary duties of its directors or contravene any legal prohibition or result in personal or criminal liability on the part of any officer. On the Borrowing Date, the European Subsidiary Guarantors are the Subsidiaries of the German Borrower designated as European Subsidiary Guarantors on Schedule VI.
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European Subsidiary Guarantor means each European Distribution Subsidiary and each of its Subsidiaries and each Transitory European Subsidiary which executes and delivers a European Subsidiaries Guaranty unless and until such time as the respective European Subsidiary Guarantor is released from all of its obligations under its European Subsidiaries Guaranty in accordance with the terms and provisions thereof and unless (or in the case in clause (i) below, except to the extent) the giving of a guaranty by such European Distribution Subsidiary (i) is restricted or prohibited by general statutory limitations, financial assistance, corporate benefit, fraudulent preference, “thin capitalization” rules or similar principles, or (ii) is not within the legal capacity of the relevant European Distribution Subsidiary, Transitory European Subsidiary or other Subsidiary or would conflict with the fiduciary duties of its directors or contravene any legal prohibition or result in personal or criminal liability on the part of any officer.
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Related to European Subsidiary Guarantor

  • 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.

  • 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).

  • Additional Subsidiary Guarantor means each Person that becomes a Subsidiary Guarantor after the Closing Date by execution of an Accession Agreement as provided in Section 6.12.

  • Subsidiary Guarantor means, collectively, the Subsidiaries of the Borrower that are Guarantors.

  • Wholly Owned Subsidiary Guarantor any Subsidiary Guarantor that is a Wholly Owned Subsidiary of the Borrower.

  • 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.

  • Guarantor means any one of them.

  • Subsidiary Guaranties means the Domestic Subsidiary Guaranty and each Foreign Subsidiary Guaranty.

  • U.S. Guarantor means a Guarantor whose jurisdiction of organisation is a state of the United States of America or the District of Columbia.

  • Subsidiary Guaranty means, collectively, the Subsidiary Guaranty made by the Subsidiary Guarantors in favor of the Collateral Agent on behalf of the Secured Parties, substantially in the form of Exhibit F-2, together with each other Guaranty and Guaranty supplement delivered pursuant to Section 6.12.

  • 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.

  • Subsidiary Guarantee Agreement means the Subsidiary Guarantee Agreement, substantially in the form of Exhibit I, made by the Subsidiary Guarantors in favor of the Collateral Agent for the benefit of the Secured Parties.

  • Guarantor Subsidiary means each Guarantor other than Holdings.

  • Canadian Guarantor means any Guarantor that is a Canadian Subsidiary.

  • 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.

  • Domestic Subsidiary Borrower any Subsidiary Borrower which is a Domestic Subsidiary.

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

  • Canadian Subsidiary means any Subsidiary that is organized under the laws of Canada or any province or territory thereof.

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

  • Australian Subsidiary means any Subsidiary that is organized under the laws of Australia or any province or territory thereof.

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

  • Foreign Guarantor means any Guarantor that is not organized under the laws of the United States or any jurisdiction within the United States.

  • Subsidiary Guarantee means any guarantee of the obligations of the Issuers under this Indenture and the Notes by any Subsidiary Guarantor in accordance with the provisions of this Indenture.

  • Foreign Subsidiary Borrower means any Eligible Foreign Subsidiary that becomes a Foreign Subsidiary Borrower pursuant to Section 2.23 and that has not ceased to be a Foreign Subsidiary Borrower pursuant to such Section.

  • Guarantors means each of:

  • Borrowing Subsidiary means, at any time, any Subsidiary of the Company designated as a Borrowing Subsidiary by the Company pursuant to Section 2.19 that has not ceased to be a Borrowing Subsidiary pursuant to such Section or Article 7.