Limited Recourse Guarantors definition

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.

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 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).

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 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.

• Upon the occurrence and continuance of an Event of Default, and the exercise by the Lender of remedies under this Agreement, the Borrowers and Limited Recourse Guarantors will upon request of the Lender take all reasonable actions to facilitate the transfer of the Pledged Stock to the Lender.

• 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.

More Definitions of Limited Recourse Guarantors

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, 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 (a) Sxxxxx 2014 Revocable Trust, (b) Exxx Xxxxxx, (c) Kxxx Xxxxxx, (d) Rxxxxx Xxxxx, and (e) Jxxx Xxxxxx.

Limited Recourse Guarantors means LPF Holdco, LLC, LPF Equity Distribution, LLC, and any other party joined to the Limited Guaranty as a guarantor from time to time in accordance with the terms thereof.

Limited Recourse Guarantors means each shareholder of the Borrower (other than the Parent) from time to time. On the date hereof 2609733 Ontario Limited is the sole Limited Recourse Guarantor.

Limited Recourse Guarantors all Grantors other than the Subsidiary Guarantors and the Borrowers.

Limited Recourse Guarantors means each Person who has signed a Validity and Liquidation Support Agreement.