Released Guarantors definition

Released Guarantors has the meaning set forth in Section 10.10.

Released Guarantors means those certain Wholly Owned Subsidiaries of STBV that, prior to the effectiveness of the Credit Facilities Amendment, Guarantee STBV’s and/or STFC’s obligations under the Credit Agreement and who will be released from their Guarantees under the Credit Agreement pursuant to the Credit Facilities Amendment, subject to satisfaction of certain requirements under the Credit Agreement as amended by the Credit Facilities Amendment.

Released Guarantors means Subsidiary Guarantors that have been released, pursuant to Section 6.09 hereof, from their guarantee obligations under Section 6 hereof.

Examples of Released Guarantors in a sentence

• Each of the Released Guarantors is hereby released as a guarantor under the Indenture pursuant to the terms of Section 10.05(1) the Indenture.

• Each of the Lenders (including in its capacity as a potential Cash Management Bank and a potential Hedge Bank) and each of the L/C Issuers irrevocably authorize the Administrative Agent to execute and deliver such documents and instruments (including UCC-3 financing statements) as may be reasonably requested by the Borrowers to evidence the release of the Liens on the Collateral of the Released Guarantors granted to the Administrative Agent under the Loan Documents.

• The Trustee hereby acknowledges that the guarantee of each of the Released Guarantors has been terminated as of the date hereof and shall be of no further force or effect, and each of the Released Guarantors has been released from all obligations under the Indenture, the Securities and such guarantee.

• The Trustee shall not be responsible in any manner whatsoever for or in respect of the validity or sufficiency of this Supplemental Indenture or for or in respect of the recitals contained herein, all of which recitals are made solely by the Released Guarantors and the Issuer.

• From and after the date hereof, the Released Guarantors shall not be subject to any covenants or other obligations under the Indenture and shall not be deemed to be a party to the Indenture.

More Definitions of Released Guarantors

Released Guarantors means those Subsidiary Guarantors listed on Schedule IC(1) to the First Amendment and released from their obligations under the Subsidiary Guaranty pursuant to the First Amendment. Each such Subsidiary Guarantor is referred to herein as a “Released Guarantor.”

Released Guarantors means, collectively, Lydian Jersey, Lydian US, Lydian Zoloto, Lydian Georgia and Lydian GRC.

Released Guarantors means each of the Subsidiaries listed on Schedule 10.15.

Released Guarantors means each Subsidiary of Company party to the Subsidiary Guaranty (as defined in the Existing Credit Agreement) immediately prior to the Closing Date, other than ESI and Medco.

Released Guarantors means, collectively, Penhaligon's & Jeavons Investment Co. Limited, Penhaligon's Limited, Penhaligon's Pacific Limited, G.J.M. (H.K.) Manufacturing Ltd., and IZKA S.C.; and

Released Guarantors means each of Xxxxx Overseas and Xxxxx Middle East, LLC, a Delaware limited liability company. “Relevant Governmental Body” means the Federal Reserve Board and/or the Federal Reserve Bank of New York, or a committee officially endorsed or convened by the Federal Reserve Board and/or the Federal Reserve Bank of New York for the purpose of recommending a benchmark rate to replace LIBOR in loan agreements similar to this Agreement. “Removal Effective Date” means as provided in Section 10.06(b). 32 CHAR1\1732710v2

Released Guarantors means (i) each Provider listed on Schedule 1.01(f) attached hereto and (ii) any Provider designated by the Borrower to the Administrative Agent after the date hereof that incurs Non-Recourse Indebtedness permitted under Section 6.03(c).