Intermediate Guarantor definition

Intermediate Guarantor means any Subsidiary Guarantor that is a direct or indirect parent of the Issuer.
Intermediate Guarantor has the meaning assigned to in the preamble to this Indenture.
Intermediate Guarantor means ONEOK Partners Intermediate Limited Partnership, a Delaware limited partnership. “Intermediate Guarantor Partnership Agreement” means that certain Second Amended and Restated Agreement of Limited Partnership of Intermediate Guarantor dated as of May 17, 2006, as amended. “Investment” means, as to any Person, any direct or indirect acquisition or investment by such Person, whether by means of (a) the purchase or other acquisition of capital stock or other securities of another Person, (b) a loan, advance or capital contribution to, Guarantee or assumption of debt of, or purchase or other acquisition of any other debt or equity participation or interest in, another Person, including any partnership or joint venture interest in such other Person, or (c) the purchase or other acquisition (in one transaction or a series of transactions) of assets of another Person that constitute a business unit. For purposes of covenant compliance, the amount of any Investment shall be the amount actually invested, without adjustment for subsequent increases or decreases in the value of such Investment. “IRS” means the United States Internal Revenue Service. “Joint Venture” means an entity, other than a Subsidiary, in which the Borrower or a Subsidiary owns an equity interest. “Laws” means, collectively, all international, foreign, Federal, state and local statutes, treaties, rules, guidelines, regulations, ordinances, codes and administrative or judicial precedents or authorities, including the interpretation or administration thereof by any Governmental Authority charged with the enforcement, interpretation or administration thereof, and all applicable administrative orders, directed 16188091_7 14

Examples of Intermediate Guarantor in a sentence

  • If an Event of Default under the bankruptcy provisions described in Section 6.01(a)(7) of the Indenture with respect to the Issuer, any Intermediate Guarantor or any Subsidiary Guarantor occurs, the unpaid principal of and interest on all the Notes will become immediately due and payable without any declaration or other act on the part of the Trustee or any Holders.

  • If an Event of Default (other than an Event of Default under the bankruptcy provisions described in Section 6.01(a)(7) of the Indenture with respect to the Issuer, any Intermediate Guarantor or any Subsidiary Guarantor) occurs and is continuing, the Trustee or the Holders of at least 25% in aggregate principal amount of the outstanding Notes by notice to the Issuer may declare the principal of and accrued but unpaid interest on all the Notes to be due and payable.

  • The Borrower, Intermediate Guarantor and their respective Subsidiaries shall not engage in any material line of business substantially different from those lines of business described in Section 7.02(e) or any business substantially related or incidental to such lines of business.

  • The Borrower shall take all action necessary to prevent the Borrower and Intermediate Guarantor from being, and will take no action which would have the effect of causing either of the Borrower or Intermediate Guarantor to be, treated as an association taxable as a corporation or otherwise to be taxed as an entity for federal income tax purposes.

  • Xxxxxxxxx Tel: +00000000000 Intermediate Guarantor: TE Connectivity Switzerland Ltd.

  • Mxxxxxxxxxxxx 00 XX-0000 Xxxxxxxxxxxx, Xxxxxxxxxxx Attention: Executive Vice President and General Counsel Tel: +000 00-00-00-000 Fax: +000 00-00-00 or, if to the Parent Guarantor or Intermediate Guarantor on and after the Permitted Reorganization Effective Date, to its applicable address, set forth in the Permitted Reorganization joinder.

  • Upon failure by the Borrower to pay punctually any such amount when due as aforesaid, the Parent Guarantor and/or on and after the Permitted Reorganization Effective Date, Intermediate Guarantor shall forthwith on demand pay the amount not so paid at the place and in the manner specified in this Agreement.

  • All payments made by the Parent Guarantor and, on and after the Permitted Reorganization Effective Date, the Intermediate Guarantor, pursuant to this Article VIII shall be made as provided under Section 2.13(a), and shall be subject to the provisions of Section 9.05.

  • The Parent Guarantor and, on and after the Permitted Reorganization Effective Date, the Intermediate Guarantor, hereby unconditionally and irrevocably guarantees the full and punctual payment in cash when due (whether at stated maturity, by mandatory prepayment, by acceleration or otherwise) of the principal of and interest on the Loans, the Notes and all other amounts whatsoever at any time or from time to time payable or becoming payable under this Agreement or the other Loan Documents.

  • All communications and notices hereunder shall be in writing and, if to the Administrative Agent given as provided in Section 10.01 of the Credit Agreement and, if to TopCo, as the Parent Guarantor, or New TEL, as the Intermediate Guarantor, to its address provided below: Parent Guarantor: TE Connectivity PLC Pembroke House 20 - 00 Xxxxxxxx Xxxxxx Xxxxx Xxxxxx 0, Xxxxxxx X00 XX00 Attention: Hxxxxx X.


More Definitions of Intermediate Guarantor

Intermediate Guarantor has the meaning assigned to such term in the introductory paragraph hereof.
Intermediate Guarantor shall have the meaning set forth in the preamble hereto.

Related to Intermediate Guarantor

  • Corporate Guarantor means Navios Maritime Holdings Inc., a company incorporated in the Xxxxxxxx Islands and having its registered office at Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Xxxxxxxx Xxxxxxx, XX00000;

  • Guarantor means: .............................................................................................................................................

  • Parent Guarantor has the meaning specified in the recital of parties to this Agreement.

  • Intermediate Parent means any Subsidiary of Holdings and of which the Borrower is a subsidiary.

  • Canadian Subsidiary Guarantor each Canadian Subsidiary of any Canadian Borrower which executes and delivers the Canadian Guarantee and Collateral Agreement, in each case, unless and until such time as the respective Canadian Subsidiary Guarantor ceases to constitute a Canadian Subsidiary of the Parent Borrower or is released from all of its obligations under the Canadian Guarantee and Collateral Agreement in accordance with the terms and provisions thereof.

  • Subsidiary Guarantor means each Subsidiary that has executed and delivered a Subsidiary Guaranty.

  • U.S. Subsidiary Guarantor means each U.S. Subsidiary which has executed and delivered to the U.S. Administrative Agent the U.S. Subsidiary Guaranty (or a supplement thereto).

  • Intermediate Holdco means Sunnova Intermediate Holdings, LLC, a Delaware limited liability company.

  • Original Guarantor means the Persons identified as such in the first paragraph of this Indenture until a successor Person shall have become such pursuant to the applicable provisions of this Indenture, and thereafter each such successor Person shall be an “Original Guarantor”.

  • U.S. Guarantor means a Guarantor whose jurisdiction of organisation is a state of the United States or the District of Columbia.

  • Intermediate Holding Company means any Subsidiary of Holdings (of which Holdings, directly or indirectly, owns 100% of the issued and outstanding Equity Interests) that, directly or indirectly, owns 100% of the issued and outstanding Equity Interests of the Lead Borrower.

  • Non-Guarantor means any Restricted Subsidiary that is not a Guarantor.

  • Wholly Owned Subsidiary Guarantor any Subsidiary Guarantor that is a Wholly Owned Subsidiary of the Borrower.

  • Additional Subsidiary Guarantor means each Person that becomes a Subsidiary Guarantor after the Closing Date by execution of an Accession Agreement as provided in Section 6.12.

  • Initial Guarantor has the meaning set forth in the preamble hereto.

  • Intermediate means an emergency medical technician-intermediate.

  • U.S. Subsidiary Guarantors means (a) each Domestic Subsidiary (other than an Unrestricted Subsidiary) on the Closing Date and (b) each Domestic Subsidiary that becomes a party to the Guarantee after the Closing Date pursuant to Section 9.11.

  • Limited Guarantor With respect to any Series (or Class within such Series), a Person specified in the related Supplement as providing a guarantee or insurance policy or other credit enhancement supporting the distributions in respect of such Series (or Class within such Series) as and to the extent specified in such Supplement.

  • Specified Guarantor means any Guarantor that is not an “eligible contract participant” under the Commodity Exchange Act (determined prior to giving effect to Section 11.12).

  • Canadian Guarantor means each Guarantor that is incorporated or otherwise organized under the laws of Canada or any province or territory thereof.

  • Foreign Guarantor means Parent and each Guarantor that is a Foreign Subsidiary.

  • Parent Guarantors means the Company, Holdings I, Holdings II, Holdings III, Holdings IV and Holdings V.

  • Ultimate Parent means a Company, which owns not less than fifty-one percent (51%) equity either directly or indirectly in the Parent and Affiliates.

  • Security Parties means at any relevant time, the Borrower, the Guarantor, the Pledgor, the Target, the Vessel Owners and any other person who may at any time during the Facility Period be liable for, or provide security for, all or any part of the Indebtedness, and “Security Party” means any one of them.

  • JV Subsidiary any Subsidiary of a Group Member which is not a Wholly Owned Subsidiary and as to which the business and management thereof is jointly controlled by the holders of the Capital Stock therein pursuant to customary joint venture arrangements.

  • Original Guarantors shall have the meaning assigned to such term in the Preamble hereof.