Examples of Global Guaranty Agreement in a sentence
The Company shall not without the prior written consent of the Investor loan, invest, transfer or “downstream” any cash proceeds, or assets or property acquired with cash proceeds from the issuance and sale of the Promissory Note to any Subsidiary, unless the Investor and the Subsidiary enter into a subsidiary guaranty in the form of the Global Guaranty Agreement.
As a condition precedent to the making of the Revolving Credit Facility available to the Borrower hereunder, each Guarantor shall guarantee the Obligations of the Borrower to the Lender pursuant to a certain Global Guaranty Agreement of even date herewith executed by each such Guarantor (the "Guaranty Agreement").
The Company shall not without the prior written consent of the Investor loan, invest, transfer or “downstream” any cash proceeds, or assets or property acquired with cash proceeds from the issuance and sale of Promissory Notes hereunder to any Subsidiary, unless the Investor and the Subsidiary enter into a subsidiary guaranty in the form of the Global Guaranty Agreement.
Reference is made to (a) the Global Security Agreement, dated as of the date hereof, between the Pledgors, as grantors, and the Pledgee, as secured party (as may be amended and supplemented from time to time, the “Security Agreement”); and (b) the Global Guaranty Agreement, dated as of the date hereof, among the Pledgors, as guarantors, and the Pledgee, as secured party (the “Guaranty”).
Each Guarantor hereby acknowledges and consents to the issuance of the Note by the Borrower to the Investor, and further acknowledges and agrees that the payment and performance of any and all Obligations owed by the Borrower to the Investor under such Note shall be subject to the Global Guaranty Agreement and such Guarantor’s obligations shall be secured by a first priority continuing security interest as evidenced by the Global Security Agreement.
This Debenture is secured by (i) a security interest in all of the assets of the Company and of each of the Company's subsidiaries as evidenced by the security agreement dated October 29, 2019 (the “Security Agreement”) and subject to the global guaranty agreement executed by each of the Company’s subsidiaries dated October 29, 2019 (the “Global Guaranty Agreement”) (collectively the Security Agreement and the Global Guaranty Agreement shall be referred to as the “Security Documents”).
As a condition precedent to the making of the Revolving Credit Facility available to the Borrower hereunder, each Guarantor shall guarantee the Obligations of the Borrower to the Lender pursuant to a certain Global Guaranty Agreement of even date herewith executed by each such Guarantor (the “Guaranty Agreement”).
Reference is made to (a) the Global Security Agreement, dated as of the date hereof, between the Grantors and the Secured Party (as may be amended and supplemented from time to time, the “Security Agreement”); and (b) the Global Guaranty Agreement, dated as of the date hereof, among the Grantors, as guarantors, and the Secured Party as may be amended and supplemented from time to time, the “Guaranty Agreement”) .
The Company shall not form, create, or acquire any Subsidiary, unless such Subsidiary joins the Global Guaranty Agreement, and the Company shall not cause any current Subsidiary to obtain significant assets or commence significant financial activity unless such Subsidiary joins the Global Guaranty Agreement.
All Ad Materials will run in the same rotation at the Hearst Magazine Digital’s print advertisements and there will be no adjacency guarantees or competitive separation.