Examples of Guarantor Paying Agent in a sentence
The Guarantor Paying Agent is not an Affiliate of the Issuer or any Subsidiary thereof.
Each of the Note Guarantors hereby appoints and authorizes the Guarantor Paying Agent to act as its paying agent hereunder and under the Note Documents, with such powers as are specifically delegated to the Guarantor Paying Agent by the terms of the Indenture and such other powers as are reasonably incidental thereto.
For an unfurnished property, the amount cannot exceed one month’s rent, excluding service charges.
Any replacement Guarantor Paying Agent shall be selected by the Note Guarantors, but shall be reasonably acceptable to the Trustee; provided, that any subsequent Guarantor Paying Agent shall not be a Person that is an Affiliate (as such term is used for purposes of Section 5.07) of the Issuer.
Each of the Note Guarantors agrees that for so long as any Obligations under the Notes, the Indenture or any Subsidiary Guarantee shall remain outstanding, it shall maintain a Guarantor Paying Agent in accordance with Article 11 of the Indenture.
Any notices or other communications to the Company or any Subsidiary Guarantor, Paying Agent, Registrar, Securities Custodian, transfer agent or the Trustee required or permitted hereunder shall be in writing, and shall be sufficiently given if made by hand delivery, by telex, by telecopier or registered or certified mail, postage prepaid, return receipt requested, addressed as follows: if to the Company or any Subsidiary Guarantor: HMH Properties, Inc.
Each of the Note Guarantors agrees that for so long as any Obligations under the Notes, this Indenture or any Subsidiary Guarantee shall remain outstanding, it shall maintain a Guarantor Paying Agent in accordance with this Article 11.
Any replacement Guarantor Paying Agent shall be selected by the Note Guarantors, but shall be reasonably acceptable to the Trustee; provided, that any subsequent Guarantor Paying Agent shall not be a Person that is an Affiliate (as such term is used for purposes of Section 5.07 of the Indenture) of the Issuer.
Without limiting the provisions of Sections 15.10 of the Indenture, each Note Guarantor shall be liable, jointly and severally, for all fees of the Guarantor Paying Agent incurred in connection with the Indenture and the Notes and the performance of its duties hereunder, to the extent separately agreed in writing between the Guarantor Paying Agent and the Note Guarantors.
Unless otherwise specified as contemplated by Section 3.01, the Trustee shall be the Company’s and the Guarantor Paying Agent.