Restricted Guarantor definition

Restricted Guarantor means a Guarantor that is a Restricted Subsidiary.
Restricted Guarantor means a Guarantor that is a Covenant Party or a Restricted Subsidiary.
Restricted Guarantor means a US Subsidiary Guarantor that is a Restricted Subsidiary.

Examples of Restricted Guarantor in a sentence

  • The Company may elect, in its sole discretion, to cause any Subsidiary that is not otherwise required to be a Restricted Guarantor to become a Restricted Guarantor, in which case such Subsidiary shall not be required to comply with the 30 day periods set forth in clauses (1) and (2) of this Section 4.15.

  • The security interest in the Pledged Collateral granted pursuant hereto shall secure the due and punctual payment and performance of the Secured Obligations provided that before any demand for any Secured Obligation is made on a Restricted Guarantor pursuant to this Pledge Agreement, demand for payment of the relevant Secured Obligation shall first have been made on the Borrower from which such unpaid Secured Obligation is due.

  • Each Restricted Guarantor and each of the Finance Parties (by its acceptance of the benefits of the guarantee under this Clause 29) hereby confirms its intention that this guarantee should not constitute a fraudulent transfer or conveyance for the purposes of any bankruptcy, insolvency or similar law, the United States Uniform Fraudulent Conveyance Act or any similar Federal, state or foreign law.

  • Without limiting the generality of the foregoing, the obligations of each Restricted Guarantor (as defined in Schedule A) shall be limited as set forth in Schedule A hereto as may be further modified, amended or supplemented.

  • The Issuer may elect, in its sole discretion, to cause any Domestic Subsidiary that is not otherwise required to be a Restricted Guarantor to become a Restricted Guarantor, in which case such Domestic Subsidiary shall not be required to comply with the 30 day periods described in clauses (1) and (2) of this Section 4.15.


More Definitions of Restricted Guarantor

Restricted Guarantor means a direct Wholly Owned Subsidiary of either Issuer or any Guarantor organized under the laws of a jurisdiction within the United States that (i) is created solely for the purpose of acquiring and owning a direct Foreign Subsidiary and (ii) is prohibited from (A) engaging in any business other than the holding of the capital stock of such Foreign Subsidiary and ancillary activities related thereto or (B) granting a security interest to any Person in any capital stock of such Foreign Subsidiary.
Restricted Guarantor means any Guarantor that, as a result of the Applicable Limitations, is not able to guarantee all of the Obligations and/or to xxxxx x Xxxx on substantially all of its assets to secure the repayment of all of the Obligations.
Restricted Guarantor means each Danish Guarantor and its Danish and non-Danish Subsidiaries.
Restricted Guarantor means (i) Gale so long as Gale is a Covenant Party or otherwise qualified under clause (ii) of this definition and (ii) each Restricted Subsidiary that Guarantees the Notes in accordance with the terms of this Indenture.
Restricted Guarantor means a Guarantor that is a "Specified Subsidiary" under the Reference Indenture or if the High Yield Indenture ceases to be the Reference Indenture, a corresponding category under the new Reference Indenture.
Restricted Guarantor means a direct Wholly Owned Subsidiary of either Issuer or any Guarantor organized under the laws of a jurisdiction within the United States that (i) is created solely for the purpose of acquiring and owning a direct Foreign Subsidiary and (ii) is prohibited from (A) engaging in any business other than the holding of the capital stock of such Foreign Subsidiary and ancillary activities related thereto or (B) granting a security interest to any person in any capital stock of such Foreign Subsidiary.
Restricted Guarantor means each Subsidiary of the Borrower that is a Restricted Subsidiary, as such term is defined under the Senior Note Indenture, and that is a party to this Agreement or required to execute a Joinder Agreement pursuant to Section 6.01(b). "Revolving Credit Commitment" means the commitment of the Lender to make Revolving Loans to the Borrower in an aggregate principal amount at any time outstanding not to exceed $15,000,000, as such amount may be terminated or reduced from time to time in accordance with the terms of this Agreement. "Revolving Credit Note" means a promissory note of the Borrower, substantially in the form of Exhibit A, made payable to the order of the Lender, evidencing the Indebtedness resulting from the making by the Lender to the Borrower of Revolving Loans and delivered to the Lender pursuant to Article IV, as such promissory note may be amended, supplemented, restated, modified or extended from time to time, and any promissory note or notes issued in exchange or replacement therefor. The term "Revolving Credit Note" shall include any Registered Note evidencing the Revolving Loans and delivered pursuant to Section 2.03(c). "Revolving Loan" means a loan made by the Lender to the Borrower pursuant to Section 2.01. "Revolving Loan Commitment Termination Date" means the Final Maturity Date, or such earlier date on which the Revolving Credit Commitment is terminated in full pursuant to Section 2.05 or 8.01. "SEC" means the Securities and Exchange Commission or any other similar or successor agency of the Federal government administering the Securities Act. "Securities Act" means the Securities Act of 1933, as amended, or any similar Federal statute, and the rules and regulations of the SEC thereunder, all as the same shall be in effect at the time. "Securitization" has the meaning specified therefor in Section 2.07. "Securitization Party" has the meaning specified therefor in Section 2.07. "Security Agreements" means, collectively, the Security Agreement made by the Borrower in favor of the Lender, substantially in the form of Exhibit C, the Security Agreement made by each Unrestricted Guarantor in favor of the Lender, substantially in the form of Exhibit D, and the Security Agreement made by each Restricted Guarantor in favor of the Lender, substantially in the form of Exhibit E. "Senior Notes" means the promissory notes issued by the Borrower pursuant to the Senior Note Indenture. "Senior Note Indenture" means the Indenture, dated as of Jun...