Examples of Guarantor Paying Agent in a sentence
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.
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.
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 this Indenture and such other powers as are reasonably incidental thereto.
The Guarantor Paying Agent shall be entitled to rely upon any written certification, notice or other communication (including, without limitation, any telecopy or e-mail) reasonably believed by it to be genuine and correct and to have been signed or sent by or on behalf of the proper Person or Persons, and upon advice of legal counsel, independent accountants and other experts selected by the Guarantor Paying Agent.
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.
The Guarantor Paying Agent is not an Affiliate of the Issuer or any Subsidiary thereof.
Unless otherwise specified as contemplated by Section 3.01, the Trustee shall be the Company’s and the Guarantor Paying Agent.
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.
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.
Such amounts shall be paid by the Note Guarantors to the Guarantor Paying Agent at least one Business Day prior to the date each scheduled payment is due, in immediately available funds; provided, that the Note Guarantors’ obligation to pay such amounts under the Notes and their Subsidiary Guarantees is not discharged until such amounts are delivered to the Trustee in accordance with the next sentence hereof.