Examples of Senior Guarantees in a sentence
Accordingly, each of the Guarantors has duly authorized the execution and delivery of this Indenture to provide for its Senior Guarantees with respect to the Securities as set forth in this Indenture.
In case any provision of this Indenture or the Securities or the Senior Guarantees shall be invalid, illegal or unenforceable, the validity, legality and enforceability of the remaining provisions shall not in any way be affected or impaired thereby.
Nothing in the 2011 Bonds or in this Series Resolution shall be considered as assigning or pledging funds or assets of the Issuer other than those expressly pledged to secure the 2011 Bonds (and other Senior Bonds and Senior Guarantees) set forth in the Master Indenture, as supplemented by this Series Resolution.
The Senior Guarantees to be endorsed on the Securities shall include the terms of the Senior Guarantee set forth in Section 15.1 and any other terms that may be set forth in the form established pursuant to Section 2.3. Each of the Guarantors hereby agrees to execute its Senior Guarantee, in a form established pursuant to Section 2.3, to be endorsed on each Security authenticated and delivered by the Trustee.
Whenever any Securities are surrendered for exchange, the Company and the Guarantors shall execute, and the Trustee shall authenticate and deliver, the Securities with Senior Guarantees endorsed thereon which the Holder making the exchange is entitled to receive.