Examples of Partnership Obligor in a sentence
The New Obligor also expressly assumes all obligations and liabilities of an Obligor thereunder, on its own behalf and on behalf of any Partnership Obligor in which it is a partner (other than a limited partner), general partner or managing partner.
Each Cellular Partnership that is a Cellular Partnership Obligor is listed on SCHEDULE 8.3A (as supplemented and modified in writing from time to time to reflect changes to such schedules as a result of transactions permitted by the Loan Documents) and the amount of intercompany loans and advances from any Company to each Cellular Partnership Obligor is as set forth on SCHEDULE 8.3A attached hereto.
To the extent required by the laws of any state where a Partnership Obligor conducts its business or owns property, the Partnership Obligors are duly qualified to do business in such states as partnerships organized under the laws of a different jurisdiction except where the failure to so qualify would not have a Material Adverse Effect.
A Guaranty substantially in the form of EXHIBIT E executed by Communications, each Company, other than Borrower, and each Cellular Partnership Obligor.
Each of Pledgor and any other Obligor identified as a partnership in any of the Loan Documents (collectively, "Partnership Obligors," and individually a "Partnership Obligor") is a partnership duly organized, validly existing and in good standing under the laws of that Obligor's state of organization, and no events have occurred which have or would result in dissolution or winding up of the affairs of any of the Partnership Obligors.
The New Obligor hereby agrees to be bound as an Obligor party to the Security Agreement by all of the terms, covenants and conditions set forth in the Security Agreement to the same extent that it would have been bound if it had been a signatory Obligor to the Security Agreement on the date of the Security Agreement, on its own behalf and on behalf of any Partnership Obligor in which it is a partner (other than a limited partner), general partner or managing partner.
In addition, promptly after the designation, formation, or Acquisition of any new Company that is (or becomes) a Domestic Subsidiary of Borrower or upon any Cellular Partnership becoming a Cellular Partnership Obligor, Borrower shall cause such new Company or Cellular Partnership Obligor to execute and deliver to Administrative Agent a Guaranty substantially in the form and upon the terms of EXHIBIT C, providing for the guaranty of payment and performance of the Obligation.
The New Obligor hereby agrees to be bound as an Obligor party to the Demand Debenture by all of the terms, covenants and conditions set forth in the Demand Debenture to the same extent that it would have been bound if it had been a signatory Obligor to the Demand Debenture on the date of the Demand Debenture, on its own behalf and on behalf of any Partnership Obligor in which it is a partner (other than a limited partner), general partner or managing partner.
As an inducement to Agents and Lenders to enter into this Agreement, Borrower shall cause each other Company and each Cellular Partnership Obligor to execute and deliver to Administrative Agent a Guaranty substantially in the form and upon the terms of EXHIBIT C, providing for the guarantee of payment and performance of the Obligation and the Revolver/Acquisition Obligation.
As an inducement to Agents and Lenders to enter into this Agreement, Borrower shall cause Communications, each Company that is a Domestic Subsidiary of Borrower, and each Cellular Partnership Obligor to execute and deliver to Administrative Agent a Guaranty substantially in the form and upon the terms of EXHIBIT C, providing for the guaranty of payment and performance of the Obligation.