New JCI definition
Examples of New JCI in a sentence
Each Guarantor hereby expressly agrees to observe and perform and be bound by all of the terms, covenants, representations, warranties and agreements contained in the Credit Agreement and each other Loan Document which are binding upon, and to be observed or performed by, such Guarantor (including in its role as JCI, New JCI or Parent, as applicable) or any “Loan Party” thereunder.
Upon execution and delivery by New JCI, Parent, the Initial Borrower, the Subsidiary Borrower and any direct or indirect Subsidiary of Parent that is required to become a party hereto by Section 5.10 of the Credit Agreement or in the definition of “Collateral and Guarantee Requirement” in the Credit Agreement, of a Guaranty Supplement, such person shall become a Guarantor hereunder with the same force and effect as if originally named as a Guarantor herein.