Predecessor Guarantor definition

Predecessor Guarantor has the meaning set forth in Section 7.3.
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Examples of Predecessor Guarantor in a sentence

  • Thereafter, all obligations of the Predecessor Guarantor with respect to the Notes shall terminate.

  • Every such Successor Guarantor, upon executing an indenture supplemental hereto as provided in this Section 7.3 in form satisfactory to the Trustee, shall succeed to and be substituted for the Predecessor Guarantor with the same effect as if it had been named herein as a Guarantor; and any order, certificate or resolution of the Board or officers of a Guarantor provided for in this Indenture may be made by like officials of such Successor Guarantor.

  • Each of the Texas LLC Guarantors is hereby substituted for, and may exercise every right and power of, the applicable Predecessor Guarantor under the Indenture with the same effect as if each of the Texas LLC Guarantors had been named as Guarantors in the Indenture, and each of the Texas LLC Guarantors is a successor Person under the Indenture.

  • Each of the Texas LLC Guarantors hereby assumes the obligations of the applicable Predecessor Guarantor for the due and punctual payment of the principal of, premium, if any, and interest on all outstanding Notes issued pursuant to the Indenture and the performance and observance of each other obligation and covenant set forth in the Indenture, its respective Subsidiary Guarantee and the Registration Rights Agreement to be performed or observed on the part of the Predecessor Guarantor.

  • The New Guarantor hereby expressly assumes all the obligations of the Predecessor Guarantor under the Indenture and the Note Guarantee endorsed by the Predecessor Guarantor upon the Notes and the due and punctual performance of all the covenants and conditions of the Indenture to be performed by the Predecessor Guarantor.

  • Site VE1, however, had a much denser population (75 adults per hectare); yet only six class 1 saplings were found, indicating a low recruitment rate at this site.

  • CREW INTERMEDIATE LLC (the “PredecessorGuarantor”) pursuant to a note guarantee, dated as of March 18, 2005 (the “Note Guarantee”); WHEREAS, the Predecessor Guarantor and the New Guarantor have entered into the Agreement of Merger dated October 11, 2005 (the “Merger Agreement”),and the New Guarantor has executed and filed in Delaware a certificate to cause the occurrence of the merger described in the Merger Agreement (the “Merger”).

  • Guarantor, Predecessor Guarantor, Buyer and Repo Agent have caused this Third Amended and Restated Guaranty Agreement to be duly executed and delivered as of the date first above written.

  • The Predecessor Obligor, the Predecessor Guarantor and the New Parent Corporation have entered into an amendment and restatement dated as of October 3, 1997 of a Merger and Reorganization Agreement (which as so amended and restated is herein called the "Merger Agreement") and the New Parent Corporation has executed and filed in Delaware a certificate (the "Merger Certificate") to cause the occurrence of the merger specified in Part 2 of the Merger Agreement (herein called the "Merger").

  • Each Successor Guarantor hereby agrees to unconditionally assume all of the obligations of its Predecessor Guarantor under such Predecessor Guarantor’s Note Guarantee, the Indenture and the Registration Rights Agreement.

Related to Predecessor Guarantor

  • Successor Guarantor shall have the meaning specified in Section 11.02(a).

  • Predecessor Company means an entity whose ownership, title and interest, including all rights, benefits, duties and liabilities were acquired in an uninterrupted chain of succession by the company.

  • Predecessor Entity means a legal entity the existence of which ceased upon its acquisition by the Corporation in a merger or otherwise; and

  • Predecessor Bond means, with respect to any particular Bond, every previous Bond evidencing all or a portion of the same debt as that evidenced by such particular Bond; and, for the purpose of this definition, any Bond authenticated and delivered under Section 2.06 in lieu of a mutilated, lost, destroyed or stolen Bond shall be deemed to evidence the same debt as the mutilated, lost, destroyed or stolen Bond.

  • Predecessor Certificate means a Predecessor Corporate Units Certificate or a Predecessor Treasury Units Certificate.

  • Subsidiary means an entity in which more than 50 percent of the entity is owned—

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

  • Predecessor Debenture means every previous Debenture evidencing all or a portion of the same debt as that evidenced by such particular Debenture; and, for the purposes of this definition, any Debenture authenticated and delivered under Section 2.9 in lieu of a lost, destroyed or stolen Debenture shall be deemed to evidence the same debt as the lost, destroyed or stolen Debenture.

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

  • Predecessor means an entity that is replaced by a successor and includes any predecessors of the predecessor.

  • Original Guarantor means the Persons identified as such in the first paragraph of this Indenture until a successor Person shall have become such pursuant to the applicable provisions of this Indenture, and thereafter each such successor Person shall be an “Original Guarantor”.

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

  • Issuer Subsidiary means any subsidiary of the Issuer.

  • Successor Holdings has the meaning assigned to such term in Section 6.03(a)(v).

  • Predecessor act means an act or part of an act repealed by this act, or an act or part of an act repealed by an act that this act repeals.

  • Predecessor Notes of any particular Note means every previous Note evidencing all or a portion of the same debt as that evidenced by such particular Note; and, for the purposes of this definition, any Note authenticated and delivered under Section 306 in lieu of a mutilated, lost, destroyed or stolen Note shall be deemed to evidence the same debt as the mutilated, lost, destroyed or stolen Note.

  • JV Subsidiary any Subsidiary of a Group Member which is not a Wholly Owned Subsidiary and as to which the business and management thereof is jointly controlled by the holders of the Capital Stock therein pursuant to customary joint venture arrangements.

  • Operating Subsidiary means a majority-owned subsidiary of a financial

  • Predecessor Employer means the South Shore District Health Authority, South West Nova District Health Authority, Annapolis Valley District Health Authority, Colchester East Hants Health Authority, Cumberland Health Authority, Pictou County Health Authority, Guysborough Antigonish Strait Health Authority, Cape Breton District Health Authority and Capital District Health Authority.

  • Successor Issuer has the meaning assigned to it in Section 4.1(a).

  • SPE Subsidiary means any Subsidiary formed solely for the purpose of, and that engages only in, one or more Securitization Transactions.

  • U.S. Guarantor means a Guarantor whose jurisdiction of organisation is a state of the United States or the District of Columbia.

  • Initial Guarantor has the meaning set forth in the preamble hereto.

  • Predecessor Note of any particular Note means every previous Note evidencing all or a portion of the same debt as that evidenced by such particular Note; and, for the purposes of this definition, any Note authenticated and delivered under Section 2.06 in lieu of or in exchange for a mutilated, lost, destroyed or stolen Note shall be deemed to evidence the same debt as the mutilated, lost, destroyed or stolen Note that it replaces.

  • Eligible Subsidiary means each Subsidiary of the Parent set forth on Exhibit A hereto, as the same may be updated from time to time with Laurus’ written consent.

  • Successor Parent with respect to any Person, means any other Person with more than 50% of the total voting power of the Voting Stock which is, at the time the first Person becomes a Subsidiary of such other Person, “beneficially owned” (as defined in Rules 13d-3 and 13d-5 under the Exchange Act) by one or more Persons that “beneficially owned” (as so defined) more than 50% of the total voting power of the Voting Stock of the first Person immediately prior to the first Person becoming a Subsidiary of such other Person.