Initial Subsidiary Guarantor definition

Initial Subsidiary Guarantor each Subsidiary listed on Schedule 1.1D.

Initial Subsidiary Guarantor means each Person listed on Schedule 1.01A.

Initial Subsidiary Guarantor means each Domestic Subsidiary listed on Schedule 1.1D-2.

Examples of Initial Subsidiary Guarantor in a sentence

• As of the Effective Date, the Company and each Initial Subsidiary Guarantor own, or are licensed to use, all Intellectual Property necessary for the operation of their respective businesses as currently conducted and as proposed to be conducted, except where the failure to own or be licensed could not reasonably be expected to have a Material Adverse Effect.

• The Company will not, and will not permit (i) any Initial Subsidiary Guarantor that is then a Domestic Subsidiary and not a Foreign Subsidiary Holding Company or (ii) any Principal Domestic Subsidiary to, create, incur, assume or suffer to exist any Lien upon any of its assets except Permitted Liens.

• Each Initial Subsidiary Guarantor shall have duly authorized, executed and delivered the Subsidiary Guaranty and such Purchaser shall have received a copy thereof.

• None of the Parent, the Issuer or any Initial Subsidiary Guarantor nor anyone acting on its behalf has taken, or will take, any action that would subject the issuance or sale of the Notes or the execution and delivery of the Parent Guaranty or the Subsidiary Guaranty to the registration requirements of section 5 of the Securities Act or to the registration requirements of any securities or blue sky laws of any applicable jurisdiction.

• None of the Parent, the Issuer nor any Initial Subsidiary Guarantor is contemplating either the filing of a petition by it under any state or federal bankruptcy or insolvency laws or the liquidation of its assets or property, and the Issuer has no knowledge of any Person contemplating the filing of any such petition against it, the Parent or any Initial Subsidiary Guarantor.

More Definitions of Initial Subsidiary Guarantor

Initial Subsidiary Guarantor is defined in Section 2.2

Initial Subsidiary Guarantor means, as of the date of Closing, each Subsidiary that is either an Initial Material Subsidiary Guarantor or a “Subsidiary Guarantor” under any Credit Agreement.

Initial Subsidiary Guarantor means each of the Subsidiary Guarantors named in Schedule I herein.

Initial Subsidiary Guarantor means the Guarantor, a direct subsidiary of the Company that has guaranteed the Bonds as of the Closing Date pursuant to the Bond Guarantee.

Initial Subsidiary Guarantor means each Subsidiary listed on Schedule 1.1D that is a party to the Guarantee and Collateral Agreement as a “Guarantor” and “Grantor” thereunder.

Initial Subsidiary Guarantor means each Domestic Subsidiary of the Borrower listed on Schedule 1.1(c) hereto.

Initial Subsidiary Guarantor means each of the Company’s Restricted Subsidiaries that are guarantors under the Revolving Credit Agreement on the Distribution Date.