Notes Guarantor definition

Notes Guarantor has the meaning set forth in the recitals to this Agreement.

Notes Guarantor means each Person bound by a Notes Guarantee, pursuant to Article Fourteen of this Indenture.

Notes Guarantor means any Guarantor that provides an Offered Securities Guarantee pursuant to Article VI; provided that upon the release or discharge of such Person from such Offered Securities Guarantee in accordance with this Indenture, such entity ceases to be a Notes Guarantor.

Examples of Notes Guarantor in a sentence

• To the fullest extent permitted by applicable law, each Notes Guarantor waives any defense arising out of any such election even though such election operates, pursuant to applicable law, to impair or to extinguish any right of reimbursement or subrogation or other right or remedy of such Notes Guarantor against any other Notes Guarantor, as the case may be, or any security.

• To the fullest extent permitted by applicable law, each Notes Guarantor waives any defense based on or arising out of any defense of any other Notes Guarantor or the unenforceability of the Guaranteed Obligations or any part thereof from any cause, or the cessation from any cause of the liability of any other Notes Guarantor, other than the payment in full in cash in immediately available funds of all the Guaranteed Obligations.

• Each Notes Guarantor further agrees that the Guaranteed Obligations may be extended or renewed, in whole or in part, without notice to or further assent from it, and that it will remain bound upon its guarantee notwithstanding any extension or renewal of any Guaranteed Obligation.

• The Guarantor hereby agrees that the Guarantee provided hereunder shall continue to be effective or be reinstated, as the case may be, if at any time, payment, or any part thereof, of any obligations or interest thereon is rescinded or must otherwise be restored by a Holder to the Company upon the bankruptcy or insolvency of the Company or any Notes Guarantor.

• Each Notes Guarantor waives presentment to, demand of payment from and protest to the Company of any of the Guaranteed Obligations, and also waives notice of acceptance of its guarantee and notice of protest for nonpayment.

More Definitions of Notes Guarantor

Notes Guarantor has the meaning set forth in the Indenture.

Notes Guarantor means a “Guarantor”, as such term is defined in the Senior Notes Indenture, or any other Subsidiary that provides a guarantee of the Senior Notes or any other Indebtedness outstanding under the Senior Notes Indenture.

Notes Guarantor means any Person that becomes a Guarantor of the Company’s obligations under this Indenture and the Notes pursuant to Section 1206 or who executes and delivers a supplemental indenture to this Indenture providing for a Notes Guarantee.

Notes Guarantor means Holdings and the Subsidiary Guarantors, until, in each case such Person is released from the Guarantee of the Notes in accordance with the terms of this Indenture.

Notes Guarantor means any guarantor under any Notes Finance Document.

Notes Guarantor has the meaning given to it in the first paragraph of this Indenture. “Offering Memorandum” means the final offering memorandum dated as of November 30, 2017 relating to the offering of the Securities by the Company. “Officers’ Certificate” means a certificate signed by the chief executive officer together with one other executive officer or by an attorney in fact in accordance with the by-laws of the Company, the Notes Guarantor or any Restricted Subsidiary, as the case may be. “Operating Company” means any Restricted Subsidiary of the Company that is (i) engaged directly or indirectly primarily in and whose business consists primarily of or is related to, or whose income derives directly from, operating, acquiring, developing or constructing any electricity generation, transmission or distribution services or assets and related businesses and (ii) whose business does not consist primarily of acting as a holding company or finance company or vehicle for the Company or one or more Restricted Subsidiaries. “Operating Subsidiary” means any Restricted Subsidiary that is an Operating Company. “Opinion of Counsel” means a written opinion of counsel, who may (except as otherwise expressly provided in this Indenture) be counsel to the Company or the Notes Guarantor, and who shall be reasonably acceptable to the Trustee. “Order” means a written order signed in the name of the Company by its chief executive officer together with one other of its executive officers or by its attorney in fact in accordance with its bylaws and delivered to the Trustee. “Original Issue Discount Note” means (a) any Note which provides for an amount less than the principal amount thereof to be due and payable upon a declaration of acceleration of the Maturity thereof, and (b) any other Note issued with “original issue discount” for U.S. federal income tax purposes. “interest”, when used with respect to an Original Issue Discount Note which by its terms bears interest only after Maturity, means interest payable after Maturity. “Outstanding”, when used with respect to the Notes, means, as of the date of determination, all such Notes theretofore authenticated and delivered under this Indenture, except:

Notes Guarantor means any Debtor (excluding, for the avoidance of doubt, any Notes Issuer) that provides a guarantee or provides an indemnity to the Notes Creditors (or any of them) under any Notes Documents, being as at the date of this Agreement, each of the persons specified in Schedule 1 (Original Notes Guarantors).