Permitted Guarantor definition

Permitted Guarantor means [●].]7
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Permitted Guarantor means, for any Resource Provider, any Person that (i) directly or indirectly holds an ownership interest of at least twenty-five percent (25%) in such Resource Provider and (ii) satisfies the financial capability requirement set forth in paragraph (a) of Section4.5 (Section Four: Financial Capability);
Sample 1
Permitted Guarantor any Subsidiary Guarantor that as of the Closing Date has guaranteed the Senior Subordinated Notes or that after the Closing Date has become required to guarantee the Senior Subordinated Notes pursuant to the Senior Subordinated Note Indenture as in effect on the Closing Date or as subsequently amended with the prior written consent of the Required Lenders.
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Examples of Permitted Guarantor in a sentence

  • Guarantor shall not --------------------------------- create or incur or suffer to exist any Indebtedness except Permitted Guarantor Indebtedness.

  • Governments should include in their national development plans the administration of justice as an integral part of development and allocate adequate resources for legal-aid service to protect and promote human rights.

  • XXXXX 0 XXXXXXXXXXXXXX, XXX., as Guarantor By --------------------------------------- Title: ----------------------------------------- as Beneficiary By -------------------------------------- Title: EXHIBIT "O" GUARANTY AGREEMENT GUARANTY AGREEMENT, dated as of _____ __, ____, between [Name of Permitted Guarantor], a _______ corporation ("Guarantor"), and Level 3 Communications, LLC, a Delaware Limited Liability Company ("Beneficiary").

  • Permitted Guarantor has suffered a material adverse change in its financial condition or prospects relative to such condition or prospects on the date hereof.

  • XXXXX 0 XXXXXXXXXXXXXX, XXX., as Guarantor By ______________________ Title: ---------------------------------------, as Beneficiary By _______________________ Title: EXHIBIT "O" GUARANTY AGREEMENT GUARANTY AGREEMENT, dated as of _____ __, ____, between [Name of Permitted Guarantor], a _______ corporation ("Guarantor"), and Level 3 Communications, LLC, a Delaware limited liability company ("Beneficiary").


More Definitions of Permitted Guarantor

Permitted Guarantor a Domestic Subsidiary that is a Credit Party and that has granted to the Collateral Agent a first-priority (other than with respect to Liens permitted under subparagraph 5.2(a)), perfected Lien on substantially all of its domestic assets (other than Excluded Assets) pursuant to the Collateral Documents, as certified by the Company in a certificate delivered to the holders of the Notes (as well as the holder of the Indebtedness to be guaranteed) and not objected to by the Required Holders within 5 days of its receipt of such certificate. "Permitted Investments":
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Related to Permitted Guarantor

  • Specified Guarantor means any Guarantor that is not an “eligible contract participant” under the Commodity Exchange Act (determined prior to giving effect to Section 11.12).

  • Limited Guarantor With respect to any Series (or Class within such Series), a Person specified in the related Supplement as providing a guarantee or insurance policy or other credit enhancement supporting the distributions in respect of such Series (or Class within such Series) as and to the extent specified in such Supplement.

  • Transferred Guarantor shall have the meaning assigned to such term in Section 7.09.

  • Swap Guarantor If so specified in the Supplement with respect to any Series, the guarantor specified as such in such Supplement.

  • Guarantor Subsidiary means each Guarantor other than Holdings.

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

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

  • 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.

  • Permitted Subsidiary Indebtedness means any of the following:

  • 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.

  • Excluded Subsidiary means (a) any Subsidiary that is not a wholly-owned direct or indirect Domestic Subsidiary of Holdings, (b) any Subsidiary that is prohibited or restricted by applicable Law or by Contractual Obligations permitted by this Agreement in existence at the time of acquisition of such Subsidiary but not entered into in contemplation thereof, from guaranteeing the Obligations or if guaranteeing the Obligations would require governmental (including regulatory) consent, approval, license or authorization, unless such consent, approval, license or authorization has been received, or for which the provision of a Guarantee would result in material adverse tax consequences to the Borrower or one of its subsidiaries as reasonably determined by the Borrower and agreed in writing by the Administrative Agent, (c) any other Subsidiary with respect to which, in the reasonable judgment of the Borrower and the Administrative Agent, the burden or cost of providing a Guarantee shall be excessive in view of the benefits to be obtained by the Lenders therefrom, (d) any not-for-profit Subsidiaries or captive insurance Subsidiaries, (e) any Unrestricted Subsidiaries, (f) any Securitization Subsidiary, (g) any direct or indirect Domestic Subsidiary of a direct or indirect Foreign Subsidiary of Holdings that is a CFC, (h) any direct or indirect Domestic Subsidiary of Holdings that is a FSHCO, (i) [reserved], (j) captive insurance Subsidiaries, (k) any Subsidiary that is not a Material Subsidiary and (l) any Restricted Subsidiary acquired pursuant to a Permitted Acquisition or other Investment that has assumed secured Indebtedness permitted under Section 7.03(g)(i) and not incurred in contemplation of such Permitted Acquisition or other Investment, in each case to the extent such secured Indebtedness prohibits such Subsidiary from becoming a Guarantor (so long as such prohibition is not incurred in contemplation of such Permitted Acquisition or other Investment). For the avoidance of doubt, the Borrower shall not constitute an Excluded Subsidiary.

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

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

  • Domestic Subsidiaries means all Subsidiaries incorporated or organized under the laws of the United States of America, any State thereof or the District of Columbia.

  • Domestic Subsidiary means any Subsidiary that is organized under the Laws of the United States, any state thereof or the District of Columbia.

  • Project Financing Subsidiary means any Restricted Subsidiary of the Borrower (or any other Person in which Borrower directly or indirectly owns a 50% or less interest) whose principal purpose is to incur Project Financing or to become an owner of interests in a Person so created to conduct the business activities for which such Project Financing was incurred, and substantially all the fixed assets of which Subsidiary or Person are those fixed assets being financed (or to be financed) in whole or in part by one or more Project Financings.

  • 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).

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

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

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

  • Non-Guarantor Subsidiaries means, as of any date of determination, a collective reference to:

  • Financing Subsidiary means (a) any Structured Subsidiary or (b) any SBIC Subsidiary.

  • Restricted Subsidiary means any Subsidiary of the Borrower other than an Unrestricted Subsidiary.

  • Guarantor Subsidiaries has the meaning set forth in the Recitals to this Agreement.

  • Permitted Acquisition Indebtedness means Indebtedness (including Disqualified Stock) of the Company or any of the Restricted Subsidiaries to the extent such Indebtedness was Indebtedness:

  • Regulated Subsidiary means a Broker Dealer Regulated Subsidiary, a Bank Regulated Subsidiary or an Insurance Regulated Subsidiary or any other Subsidiary subject to minimum capital requirements or other similar material regulatory requirements imposed by applicable regulatory authorities.