Examples of Individual Guarantors in a sentence
As a condition of this Amendment, Borrower and Parent shall cause (a) each of the Loan Parties (other than Borrower) to execute the Reaffirmation of Guaranty and Security below, (b) each of the Individual Guarantors (other than Xxxx X.
Xxx nor, as a result of no longer being an Individual Guarantor, Xxxx Xxxx XxXxxxx is executing the Reaffirmation of Individual Guaranties required to be executed by the Individual Guarantors pursuant to this Amendment; (ii) neither, as a result of his death, Xxxx X.
As a condition of this Amendment, Borrower and Parent shall cause (i) each of the Loan Parties (other than Borrower) to execute the Reaffirmation of Guaranty and Security below and (ii) each of the Individual Guarantors to execute the Reaffirmation of Individual Guaranties below.
Xxx is not executing the Reaffirmation of Individual Guaranties required to be executed by the Individual Guarantors (other than Xxxx X.
The Credit Parties shall use commercially-reasonable efforts to cause the Individual Guarantors to promptly pledge, or cause to be pledged, to Collateral Agent for the benefit of the Secured Parties, all Capital Stock of each Opco owned by such Individual Guarantor.