Senior Guarantor definition

Senior Guarantor. “Senior Lender”, “Senior Secured Notes Guarantor”, “Senior Secured Notes Issuer”, “Senior Secured Notes Trustee”, “Senior Secured Noteholder”, “Subordinated Creditor”, “Permitted Affiliate Parent”, the “Company” or any other person shall be construed so as to include its successors in title, permitted assigns and permitted transferees and, in the case of the Security Agent, any person for the time being appointed as Security Agent or Security Agents in accordance with this Agreement;

Senior Guarantor has the meaning given to the term “Guarantor” in the Senior Facilities Agreement.

Senior Guarantor means, as of and after the Issue Date, each of Kosmos Energy GOM Holdings, LLC, Kosmos Energy Gulf of Mexico, LLC, Kosmos Energy Gulf of Mexico Management, LLC and Kosmos Energy Gulf of Mexico Operations, LLC.

Examples of Senior Guarantor in a sentence

• Each Holder hereof, by his or her acceptance hereof, waives all notice of the acceptance of the subordination provisions contained herein and in the Indenture by each holder of Senior Debt [if applicable, insert — or Senior Guarantor Debt], whether now outstanding or hereafter created, incurred, assumed or guaranteed, and waives reliance by each such holder upon said provisions.

• The Trustee in its individual capacity shall be entitled to all the rights set forth in this Article with respect to any Senior Guarantor Indebtedness which may at any time be held by it, to the same extent as any other holder of Senior Guarantor Indebtedness, and nothing in this Indenture shall deprive the Trustee of any of its rights as such holder.

• With respect to the holders of Senior Guarantor Indebtedness, the Trustee undertakes to perform or to observe only such of its covenants and obligations as are specifically set forth in this Article, and no implied covenants or obligations with respect to the holders of Senior Guarantor Indebtedness shall be read into this Article against the Trustee.

• Nothing in this Indenture or in the Securities, express or implied, shall give to any Person, other than the parties hereto and their successors hereunder, the holders of Senior Debt and any Senior Guarantor Debt and the Holders, any benefit or any legal or equitable right, remedy or claim under this Indenture, except as may otherwise be provided pursuant to Section 301 with respect to any Securities of a particular series or under this Indenture with respect to such Securities.

• Nothing contained in this Article shall limit the right of the Trustee or the Holders of Securities to take any action to accelerate the maturity of the Securities pursuant to Article Five of this Indenture or to pursue any rights or remedies hereunder or under applicable law, subject to the rights, if any, under this Article of the holders, from time to time, of Senior Guarantor Debt to receive the cash, property or securities receivable upon the exercise of such rights or remedies.

More Definitions of Senior Guarantor

Senior Guarantor means, as of and after the Issue Date, (i) each of Kosmos Energy GOM Holdings, LLC, Kosmos Energy Gulf of Mexico, LLC, Kosmos Energy Gulf of Mexico Management, LLC and Kosmos Energy Gulf of Mexico Operations, LLC and (ii) each subsidiary of the Company that is required to become a Senior Guarantor after the Issue Date pursuant to the terms of the Commitment Letter.

Senior Guarantor means any individual, partnership, limited liability company, limited liability partnership, corporation, joint venture, joint stock company, land trust, business trust or unincorporated organization, or a government or agency or political subdivision thereof, that is a co-borrower with Borrower of the Senior Obligations, or that has guaranteed the repayment of the Senior Obligations or the performance by the Borrower of the terms and conditions of the Senior Creditor Loan Documents in whole or in part or that has provided any letter of credit, pledge, financial instrument or other accommodation to the Senior Creditor as security for or in support of the Senior Obligations.

Senior Guarantor means each member of the Group that has given a guarantee or indemnity in respect of any Senior Liabilities.

Senior Guarantor has the meaning given to the term Guarantor in the original form Senior Facilities Agreement Senior Headroom means, at any time £17,500,000 Senior Lender Discharge Date means the first date on which all Senior Lender Liabilities have been fully and finally discharged to the satisfaction of the Senior Agent, whether or not as the result of an enforcement, and the Senior Lenders are under no further obligation to provide financial accommodation to any of the Debtors under any of the Debt Documents

Senior Guarantor means a “Guarantor” (as defined in the Senior Credit Facilities) which has a Guarantee Obligation in respect of Senior Indebtedness.

Senior Guarantor means a “Guarantor” as defined in the Initial Senior Facilities Agreement or any Refinancing Equivalent.

Senior Guarantor means each Original Senior Guarantor or any Additional Guarantor once it accedes to this Deed in accordance with the provisions hereof.