New Corporate Guarantor definition

New Corporate Guarantor means TBS International Public Limited Company, a company incorporated in Ireland having its registered office at Xxxxxx Xxx Building, Earlsfort Centre, Earlsfort terrace, Xxxxxx 0, Xxxxxxx;
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New Corporate Guarantor means TORO CORP., a company duly incorporated and validly existing under the laws of the Republic of the Mxxxxxxx Islands, having its registered office at Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Mxxxxxxx Xxxxxxx XX 00000 and includes its successors in title;
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New Corporate Guarantor means the person specified as New Corporate Guarantor at the beginning of this Agreement;
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Examples of New Corporate Guarantor in a sentence

  • As long as no Event of Default has occurred or would occur as a result of the payment of any dividend or the making of any distribution the Borrowers may pay any dividends or make other forms of distributions to the New Corporate Guarantor.

  • Commanders will coordinate with the installation ASAP to administer the Unit Risk Inventory (URI) to all deploying Soldiers at least 30 days before an operational deployment and the R–URI to redeploying Soldiers between 90 and 180 days of their return from deployment.

  • Any amounts so withdrawn (an “Additional Capital Infusion”) shall be in exchange for the issuance to the Management Shareholders of Preferred Equity of the New Corporate Guarantor issued separately and apart from the Rights Offering.

  • The Borrowers shall not and shall procure that the New Corporate Guarantor or any of its subsidiaries do not purchase any additional vessels without the prior written consent of the Agent acting on the instructions of the Majority Lenders.

  • The Borrowers, the Corporate Guarantor and the New Corporate Guarantor acting individually or together shall not invest more than $10,000,000 in aggregate in any Joint Ventures of which any amounts in excess of $5,000,000 shall require the prior written consent of the Agent acting on the instructions of the Majority Lenders.

  • The Borrowers shall ensure that neither the New Corporate Guarantor nor any of its subsidiaries shall permit any new or increase their existing off balance sheet operating leases, operating lease payments and payments associated with vessels chartered in for more than 12 months without the prior written consent of the Agent acting on the instructions of the Majority Lenders.

  • As long as no Event of Default has occurred or would occur as a result of the payment of any dividend or the making of any distribution the Obligors may pay any dividends or make other forms of distributions to the New Corporate Guarantor.

  • Finally, each of the Borrower and the New Corporate Guarantor hereby waives any objections to the inconvenience of England as a forum.

  • The financial covenants set out in Schedule 3 conform to the financial covenants given by the New Corporate Guarantor and its subsidiaries under the Bank of America Facilities.

  • Each of the Borrower and the New Corporate Guarantor irrevocably and unconditionally submits to the jurisdiction of such courts and irrevocably designates, appoints and empowers Messrs.


More Definitions of New Corporate Guarantor

New Corporate Guarantor means Samco Shipholding Pte. Ltd. of a company incorporated and existing under the laws of Singapore whose registered office is at 00 Xxxxxxx Xxxxx, #00-00, XXX Xxxxx, Xxxxxxxxx (048624).
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New Corporate Guarantor means Eurodry Ltd., a corporation incorporated in the Republic of the Mxxxxxxx Islands whose registered office is at Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, MH96960, the Mxxxxxxx Islands. "New Corporate Guarantee" a corporate guarantee of the obligations of the Borrower under this Agreement, the Master Agreement and the other Finance Documents to which the Borrower is a party, in the Agreed Form.
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New Corporate Guarantor means RUBICO INC., (previously known as Central Tactical Acquistions Inc.) a company duly incorporated and validly existing under the laws of the Republic of the Xxxxxxxx Islands, having its registered office at Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Xxxxxxxx Islands MH 96960 and includes its successors in title;
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New Corporate Guarantor means Newlead Holdings Ltd. a company duly incorporated and existing under the laws of Bermuda and/or (where the context permits) any other person or company who shall at any time during the Facility Period give to the Security Agent a guarantee and/or indemnity for the repayment of all or part of the Indebtedness.
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Related to New Corporate 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;

  • Corporate Guaranty means a legal document used by an entity to guaranty the obligations of another entity.

  • Corporate Guarantee means a guarantee of the obligations of the Borrowers under this Agreement and the other Finance Documents to which each Borrower is a party, in the Agreed Form;

  • 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”.

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

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

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

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

  • 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.

  • 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).

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

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

  • 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.

  • Original Borrower shall have the meaning set forth in the recitals hereto.

  • Initial Guarantors shall have the meaning set forth in the preamble.

  • Additional Guarantor means a company which becomes an Additional Guarantor in accordance with Clause 25 (Changes to the Obligors).

  • Guarantors means Holdings and the Subsidiary Guarantors.

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

  • UK Guarantor means any Guarantor organized under the laws of England and Wales.

  • Additional Borrower means a company which becomes an Additional Borrower in accordance with Clause 25 (Changes to the Obligors).

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

  • Foreign Guarantors means and includes each Foreign Borrower and each Foreign Subsidiary Guarantor.

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

  • Subsidiary Guarantors means each direct or indirect Domestic Subsidiary that is a Restricted Subsidiary in existence on the Closing Date or that becomes a party to the Subsidiary Guaranty Agreement pursuant to Section 8.11.

  • Subsidiary means an entity in which more than 50 percent of the entity is owned—

  • 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.