KGaA Guarantor definition

KGaA Guarantor means a Note Guarantor which is a KGaA.
Sample 1Sample 2Sample 3
KGaA Guarantor means the Company, each Subsidiary having a direct or indirect ownership interest in the Subsidiary Borrower, Cayman Finance Co. and each other Person which from time to time executes and delivers a counterpart of the KGaA Guaranty.
Sample 1

Examples of KGaA Guarantor in a sentence

  • This KGaA Guaranty is a continuing guaranty and shall (a) remain in full force and effect until the Termination Date, (b) be binding upon each KGaA Guarantor, its successors and assigns and (c) inure to the benefit of and be enforceable by the Lenders and their successors, transferees and assigns.

  • Except during the continuance of an Event of Default (including the commencement and continuation of any proceeding under any Bankruptcy Law relating to any other Loan Party), each KGaA Guarantor may receive regularly scheduled payments from any other Loan Party on account of the Subordinated Obligations.

  • Each KGaA Guarantor covenants and agrees that, so long as the Termination Date shall not have occurred, such KGaA Guarantor will perform and observe, and cause each of its Subsidiaries to perform and observe, all of the terms, covenants and agreements set forth in the Loan Documents on its or their part to be performed or observed or that the Borrowers have agreed to cause such KGaA Guarantor or such Subsidiaries to perform or observe.

  • It is a condition precedent to the making of Loans by the Lenders and the issuance of Letters of Credit by the L/C Issuer under the Credit Agreement from time to time that each KGaA Guarantor shall have executed and delivered this KGaA Guaranty.

  • After the occurrence and during the continuance of any Event of Default (including the commencement and continuation of any proceeding under any Bankruptcy Law relating to any other Loan Party) that has not been waived in accordance with Section 10.01 of the Credit Agreement, no KGaA Guarantor shall demand, accept or take any action to collect any payment on account of the Subordinated Obligations.

  • Each KGaA Guarantor guarantees that the KGaA Guaranteed Obligations will be paid in accordance with the terms of the Loan Documents, regardless of any Law, regulation or order now or hereafter in effect in any jurisdiction affecting any of such terms or the rights of any Lender with respect thereto to the fullest extent permitted by applicable Law.

  • In any proceeding under any Bankruptcy Law relating to any other Loan Party, each KGaA Guarantor consents to the Lenders receiving payment in full in cash of all KGaA Guaranteed Obligations (including all interest and expenses accruing after the commencement of a proceeding under any Bankruptcy Law, whether or not constituting an allowed claim in such proceeding ("Post Petition Interest")) before such KGaA Guarantor receives payment of any Subordinated Obligations.

  • Each KGaA Guarantor will derive substantial direct and indirect benefits from the transactions contemplated by the Credit Agreement.

  • No KGaA Guarantor shall have the right to assign its rights hereunder or any interest herein without the prior written consent of the Lenders.

  • Upon the sale or dissolution of a KGaA Guarantor or in the event that any KGaA Guarantor is designated a Dormant Subsidiary, in each case, to the extent permitted in accordance with the terms of the Loan Documents, such KGaA Guarantor shall be automatically released from the KGaA Guaranty.

Related to KGaA Guarantor

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

  • 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).

  • 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.

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

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

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

  • 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.

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

  • Swap Guarantor If so specified in the Supplement with respect to any Series, the guarantor specified as such in such Supplement.

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

  • 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.

  • 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).

  • Foreign Guarantor means any Guarantor that is not organized under the laws of the United States or any jurisdiction within the United States.

  • Qualified borrower means any borrower that is a sponsoring entity that has a controlling interest in the real property that is financed by a qualified loan. A controlling interest includes, but is not limited to, a controlling interest in the general partner of a limited partnership that owns the real property.

  • Guarantor Subsidiary means each Guarantor other than Holdings.

  • 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”.

  • Eligible Guarantor means an entity that (A) has credit ratings at least equal to the Approved Ratings Threshold or (B) has credit ratings at least equal to the Required Ratings Threshold, provided, for the avoidance of doubt, that an Eligible Guarantee of an Eligible Guarantor with credit ratings below the Approved Ratings Threshold will not cause a Collateral Event (as defined in the Credit Support Annex) not to occur or continue.

  • Significant Guarantor means any guaranty agency that guarantees trust student loans comprising at least 10% of the Pool Balance of the trust student loans by outstanding principal balance as of the statistical disclosure date.

  • Obligee Guarantor as defined in Section 7.7.

  • Successor Guarantor shall have the meaning specified in Section 11.02(a).

  • Subsidiary Guaranty Agreement means each unconditional guaranty agreement executed by the Subsidiary Guarantors in favor of the Administrative Agent for the ratable benefit of the Secured Parties, substantially in the form of Exhibit H, as amended, restated, supplemented or otherwise modified from time to time.

  • Parent Guarantors means, (i) Parent, (ii) Holding, (iii) JBS Global Luxembourg S.à x.x., (iv)

  • Note Guarantor means any Restricted Subsidiary that Incurs a Note Guarantee and its successors; provided that upon the release or discharge of such Person from its Note Guarantee with respect to the Notes in accordance with this Indenture, such Person ceases to be a Note Guarantor with respect to the Notes.

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