Examples of Guarantor Credit Facility in a sentence
The Trustee in its individual or any other capacity shall be entitled to hold Credit Facility Indebtedness or Guarantor Credit Facility Indebtedness with the same rights it would have if it were not Trustee.
The Trustee shall be entitled to all the rights set forth in this Article 10 with respect to any Credit Facility Indebtedness or Guarantor Credit Facility Indebtedness which may at any time be held by it, to the same extent as any other holder of such Credit Facility Indebtedness or Guarantor Credit Facility Indebtedness; and nothing in Article 7 shall deprive the Trustee of any of its rights as such holder.
After all Credit Facility Indebtedness and Guarantor Credit Facility Indebtedness is paid in full in cash and all commitments to lend under the Loan and Security Agreement have been terminated and until the Securities are paid in full, Securityholders shall be subrogated to the rights of holders of such Credit Facility Indebtedness and Guarantor Credit Facility Indebtedness to receive distributions applicable to such Credit Facility Indebtedness and Guarantor Credit Facility Indebtedness.
A distribution made under this Article 10 to holders of such Credit Facility Indebtedness or Guarantor Credit Facility Indebtedness which otherwise would have been made to Securityholders is not, as between the Company and Securityholders, a payment by the Company on such Credit Facility Indebtedness or, as between a Subsidiary Guarantor and Securityholders, a payment by such Subsidiary Guarantor of Guarantor Credit Facility Indebtedness.
The Company, the Registrar or co-registrar, the Paying Agent, a Representative or a holder of Credit Facility Indebtedness or Guarantor Credit Facility Indebtedness shall be entitled to give the notice; provided, however, that, if an issue of Credit Facility Indebtedness or Guarantor Credit Facility Indebtedness has a Representative, only the Representative shall be entitled to give the notice.
Whenever any Person is to make a distribution or give a notice to holders of Credit Facility Indebtedness or Guarantor Credit Facility Indebtedness, such Person shall be entitled to make such distribution or give such notice to their Representative (if any).
To the extent provided in the Indenture, Credit Facility Indebtedness and Guarantor Credit Facility Indebtedness must be paid before the Securities and the Subsidiary Guarantees may be paid.
Only Indebtedness of the Company and the Subsidiary Guarantors which is Credit Facility Indebtedness or Guarantor Credit Facility Indebtedness shall rank senior to the Securities and the Subsidiary Guarantees in accordance with the provisions set forth herein.
The Securities and the related Subsidiary Guarantees are subordinated to Credit Facility Indebtedness and Guarantor Credit Facility Indebtedness (as applicable), as defined in the Indenture.
This Article 10 defines the relative rights of Securityholders and holders of Credit Facility Indebtedness and Guarantor Credit Facility Indebtedness.