Limited Recourse Guarantors definition

Limited Recourse Guarantors is (i) prior to the Qualifying IPO, each Subsidiary (other than an Excluded Subsidiary, the Borrower and/or USDTG) of USDG that exists or is created on the Closing Date and (ii) from and after the Qualifying IPO, USDG and any Subsidiary of USDG that owns assets constituting Collateral (other than the Borrower and/or USDTG).
Limited Recourse Guarantors means, collectively, each of 0710350 B.C. Ltd., Snowcrest Holdings (Canada) Ltd., Nippon Cable Holdings (Canada) Ltd. (formerly named 0878377 B.C. Ltd.), and Nippon GP and each individually is a “Limited Recourse Guarantor”.
Limited Recourse Guarantors means each direct shareholder of the Borrower ) from time to time. On the date hereof Aphria and [***] are the sole Limited Recourse Guarantors.

Examples of Limited Recourse Guarantors in a sentence

  • The Borrower acknowledges that pursuant to AML Legislation the Agent and the Lenders may be required to obtain, verify and record information regarding the Credit Parties, Limited Recourse Guarantors and their respective directors, authorized signing officers, direct or indirect shareholders, partners or other persons in control of the Companies and the transactions contemplated hereby.

  • As of the Effective Date, (i) Parent GP and the Limited Recourse Guarantors are the direct beneficial owners of all of the issued and outstanding Equity Securities of the Borrowers in the proportions set out in Schedule H; and (ii) no Person (other than a Loan Party) has any right or option to purchase or otherwise acquire any of the issued and outstanding Equity Securities of any Loan Party.

  • As used in this Article XVII, “Guarantor” shall not include the Limited Recourse Guarantors.

  • As of the Closing Date, (i) Parent GP and the Limited Recourse Guarantors are the direct beneficial owners of all of the issued and outstanding Equity Securities of the Borrowers in the proportions set out in Schedule H; and (ii) no Person (other than a Loan Party) has any right or option to purchase or otherwise acquire any of the issued and outstanding Equity Securities of any Loan Party.

  • Security to be Provided by the Credit Parties and Limited Recourse Guarantors.....................................................................


More Definitions of Limited Recourse Guarantors

Limited Recourse Guarantors means, collectively, each existing and future direct holder of Equity Interests or Subordinated Debt in the Borrower, and “Limited Recourse Guarantor” means any of them, as applicable. As of the date of this Agreement, the Limited Recourse Guarantors are Holdco and the Investor.
Limited Recourse Guarantors means LML and each Additional Limited Recourse Guarantor and “Limited Recourse Guarantor” means any of the Limited Recourse Guarantors.
Limited Recourse Guarantors means each shareholder of the Borrower (other than the Parent) from time to time. On the date hereof _____________ is the sole Limited Recourse Guarantor.
Limited Recourse Guarantors means each direct shareholder of the Borrower from time to time. On the date hereof Aphria and Double Diamond Holdings Ltd. (formerly 2609733 Ontario Limited) are the sole Limited Recourse Guarantors.
Limited Recourse Guarantors means, collectively, MP-Bunker Hill, MP-WFC Holdings, Maguire Partners SCS, Recourse Guarantor and xxxx xxx all other partxxx xxxt now or hereafter execute any Limited Recourse Guaranty pursuant to the Note Purchase Agreement.
Limited Recourse Guarantors means each Person who has signed a Validity and Liquidation Support Agreement.
Limited Recourse Guarantors the collective reference to the guarantors under the Limited Recourse Guarantees.