Guarantor Securities definition

Guarantor Securities means the Guarantor Initial Securities, all Guarantor Additional Securities, if any, all Guarantor Refinancing Securities, if any, and all Guarantor Securities, if any, issued in replacement or substitution of a Guarantor Security pursuant to the Guarantor Indenture.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Guarantor Securities has the meaning given to that term in Section 5.09(b).

Guarantor Securities means "Securities" as defined in the first recital of the Guarantor Indenture and shall more particularly mean any Guarantor Securities authenticated and delivered under the Guarantor Indenture; PROVIDED, HOWEVER, that if at any time there is more than one Person acting as the Guarantor Indenture Trustee under the Guarantor Indenture, "Guarantor Securities," with respect to the series as to which such Person is the Guarantor Indenture Trustee, shall mean "Securities" as defined in the first recital of the Guarantor Indenture and shall more particularly mean the Guarantor Securities authenticated and delivered under the Guarantor Indenture, exclusive, however, of Guarantor Securities of any series as to which such Person is not Guarantor Indenture Trustee.

Examples of Guarantor Securities in a sentence

The Company shall maintain an office or agency where Securities may be presented for registration, registration of transfer or exchange (the Registrar) and the Company and the Guarantor shall maintain an office or agency where Securities may be presented for payment or where, in the case of the Guarantor, Securities may be presented for payment under the Guarantees endorsed thereon (the Paying Agent), which in each case shall be in the Borough of Manhattan, The City of New York.
There are no outstanding obligations of Guarantor to repurchase, redeem or otherwise acquire any Guarantor Securities.
The Company shall maintain an office or agency where Securities may be presented for registration, registration of transfer or exchange (the "Registrar") and the Company and the Guarantor shall maintain an office or agency where Securities may be presented for payment or where, in the case of the Guarantor, Securities may be presented for payment under the Guarantees endorsed thereon (the "Paying Agent"), which in each case shall be in the Borough of Manhattan, The City of New York.
The Company shall maintain an office or agency where Securities may be presented for registration, registration of transfer or exchange (the “Registrar”) and the Company and the Guarantor shall maintain an office or agency where Securities may be presented for payment or where, in the case of the Guarantor, Securities may be presented for payment under the Guarantees endorsed thereon (the “Paying Agent”), which shall be in the Borough of Manhattan, The City of New York.
The Company shall maintain an office or agency where Securities may be presented for registration, registration of transfer or exchange (the "Registrar") and the Company and the Guarantor shall maintain an office or agency where Securities may be presented for payment or where, in the case of the Guarantor, Securities may be presented for payment under the Guarantees endorsed thereon (the "Paying Agent"), which shall be in the Borough of Manhattan, The City of New York.
Nothing contained in this Article 8 or elsewhere in this Indenture or in the Notes shall, at any time except during the pendency of any Guarantor Proceeding referred to in Section 8.3 or under the conditions described in Section 8.3, prevent (a) the Guarantor from making Guarantor Securities Payments, or (b) the application by the Trustee of any money deposited with it hereunder to Guarantor Securities Payments or the retention of such payment by the Holders.
Nothing contained in this Article or elsewhere in this Indenture or in any of the Securities shall prevent the Subsidiary Guarantor, at any time except during the pendency of any Proceeding referred to in Section 13.02 hereof or under the conditions described in Section 13.03 hereof, from making Subsidiary Guarantor Securities Payments.
The Guarantor (as defined herein) (a) agrees to issue the Guarantor Securities (as defined herein) concurrently with the issue and sale of the Preferred Securities as contemplated herein and (b) guarantees the timely performance by the Trust of its obligations under this Section 1.
In the event that any Guarantor Senior Default Payment (as defined below) shall have occurred and be continuing, then no Guarantor Securities Payment shall be made unless and until such Guarantor Senior Payment Default shall have been cured or waived or shall have ceases to exist or all amounts then due and payable in respect of the Guarantor Senior Indebtedness or other obligations that are the subject of such Guarantor Senior Payment Default shall be been paid in full.
Such combined proceeds will be used by the Trust to purchase $72,164,950 aggregate principal amount of ____% Junior Subordinated Deferrable Interest Debentures due 2038 issued by the Guarantor (the "Subordinated Debentures" and, together with the Preferred Securities Guarantee, the "Guarantor Securities").

More Definitions of Guarantor Securities

Guarantor Securities means any and all security now or hereafter taken or held by the Guarantor or any person on its behalf from the Debtor or any other person in connection with the Guarantor Indebtedness and includes any mortgage, charge, lien, pledge, security interest or encumbrance and any amendment, variation, replacement or supplemental thereto or renewal thereof and also includes the real or personal property (if any) to which the security relates.

Guarantor Securities has the meaning given to that term in Section 5.09(b). “Good Reason” means, without the Company Employee’s prior written consent: