Other Loan Parties definition

Other Loan Parties means, with respect to any Guarantor, any and all of the Loan Parties other than such Guarantor. Each of the Guarantors is a Subsidiary or Affiliate of the Borrower and will receive not insubstantial benefits from the Credit Agreement and the Loans, Letters of Credit and other financial accommodations to be made, issued or entered into thereunder and from the other financial accommodations to be made under the other Finance Documents. Accordingly, the Guarantors hereby agree with the Administrative Agent for the benefit of the Finance Parties as follows:
Other Loan Parties means any Guarantor, together with their successors or assigns.
Other Loan Parties means, with respect to any U.S. Guarantor, any and all of the Loan Parties other than such U.S. Guarantor, and “Other U.S. Loan Parties” means, with respect to any U.S. Guarantor, any and all of the U.S. Loan Parties other than such U.S. Guarantor. Holdings is the direct parent of the Parent Borrower, the Parent Borrower is the direct parent of the Lead U.S. Borrower and each of the U.S. Guarantors is a direct or indirect U.S. Subsidiary of Holdings. Holdings, the Parent Borrower, the Lead U.S. Borrower and the other U.S. Borrowers will receive not insubstantial benefits from the Credit Agreement and the Revolving Credit Loans, Letters of Credit and other financial accommodations to be made, issued or entered into thereunder and from the other financial accommodations to be made under the other Finance Documents. Accordingly, in consideration of the foregoing, the mutual covenants and obligations herein set forth and for other good and valuable consideration, the sufficiency and receipt of which are hereby acknowledged, the parties hereto, intending to be legally bound, hereby agree as follows:

Examples of Other Loan Parties in a sentence

  • The obligations of each Guarantor hereunder are several from those of the Other Loan Parties and are primary obligations concerning which each Guarantor is the principal obligor.

  • Each Canadian Guarantor hereby waives, to the fullest extent permitted by Law, presentment to, demand of payment from and protest to the Other Loan Parties of any of the Guaranteed Obligations, and also waives promptness, diligence, notice of acceptance of its guarantee, any other notice with respect to any of the Guaranteed Obligations and this Agreement and any requirement that any Agent or any other Secured Party protect, secure, perfect or insure any Lien or any property subject thereto.

  • Any warranty or representation made by the Borrower or any of the Other Loan Parties in this Agreement or any other Loan Document or in any certificate or other writing delivered under or pursuant to this Agreement or any other Loan Document, or in connection with any provision of this Agreement or related to the transactions contemplated hereby shall prove to have been false or incorrect or breached in any material respect on the date as of which made.

  • The obligations of each Guarantor under this Agreement are independent of the Guaranteed Obligations of the Other Loan Parties, and a separate action or actions may be brought and prosecuted against each Guarantor to enforce this Agreement, irrespective of whether any action is brought against any Other Loan Party or whether any Other Loan Party is joined in any such action or actions.

  • The validity, binding nature of, or enforceability of any material term or provision of any of the Loan Documents is disputed by, on behalf of, or in the right or name of the Borrower or any of the Other Loan Parties or any material term or provision of any such Loan Document is found or declared to be invalid, avoidable, or non-enforceable by any court of competent jurisdiction.


More Definitions of Other Loan Parties

Other Loan Parties means, with respect to any Guarantor, any and all of the Borrowers and Guarantors other than itself. Accordingly, for this and other valuable consideration, effective concurrently with the effectiveness of the Second Amendment to Credit Agreement, each Existing Guarantor hereby agrees with the Administrative Agent for the benefit of the Finance Parties to amend and restate the Existing Guaranty in its entirety, Athene Annuity Re agrees to become a Guarantor hereunder and each Guarantor hereby agrees with the Administrative Agent for the benefit of the Finance Parties as follows:
Other Loan Parties means, with respect to any Guarantor, any and all of the Loan Parties other than such Guarantor. Holdings is the direct or indirect parent of the Borrowers, each of the Subsidiary Guarantors is a direct or indirect Subsidiary of Holdings, and the Guarantors will receive not insubstantial benefits from the Credit Agreement and the Loans and other financial accommodations to be made, issued or entered into thereunder and from the other financial accommodations to be made under the other Finance Documents. Accordingly, each Guarantor hereby agrees with the Administrative Agent for the benefit of the Secured Parties as follows:
Other Loan Parties means, with respect to any Canadian Guarantor, any and all of the Loan Parties other than such Canadian Guarantor. Holdings is the direct parent of the Parent Borrower, the Parent Borrower is the direct parent of the Lead U.S. Borrower and each of the Canadian Subsidiary Guarantors is a direct or indirect Canadian Subsidiary of Holdings. Holdings, the Parent Borrower and the Canadian Subsidiary Guarantors will receive not insubstantial benefits from the Credit Agreement and the Revolving Credit Loans, Letters of Credit and other financial accommodations to be made; issued or entered into thereunder and from the other financial accommodations to be made under the other Finance Documents. Accordingly, in consideration of the foregoing, the mutual covenants and obligations herein set forth and for other good and valuable consideration, the sufficiency and receipt of which are hereby acknowledged, the parties hereto, intending to be legally bound, hereby agree as follows:
Other Loan Parties means collectively, the Borrower and each Restricted Subsidiary from time to time other than the Guarantor and "Other Loan Party" means any of them. Capitalized terms which are not otherwise defined herein shall have the meanings assigned to them under the Credit Agreement.
Other Loan Parties. WXXXX TRS HARVESTING OPERATIONS, LLC, a Delaware limited liability company
Other Loan Parties. ENERGY WEST RESOURCES, INC.,
Other Loan Parties as defined in the preamble hereto.