Shareholder Guarantors definition
Examples of Shareholder Guarantors in a sentence
Section 6.01(s) is amended by adding the words "or, in the case of the Baron Capital Letter of Credit, as the result of a draw thereunder pursuant to Section 1(e) of the Baron Capital Guaranty" immediately after the words "the relevant Shareholder Guarantor's obligations thereunder".
The Issuer or the Shareholder Guarantors may at any time and from time to time purchase Bonds at any price in the open market or otherwise.
The Shareholder Guarantors hereby agree that the Lenders shall have the right at any time to “put” an amount of the Obligations under the Term B Loan up to the amount of funds in the Cash Collateral Account to the Shareholder Guarantors upon five (5) Business Day’s prior written notice.
The obligations of the Shareholder Guarantors under the Shareholder Guarantee shall, subject to the provisions of Condition 4(D), rank at least pari passu in priority of payment, with all their other respective present and future direct, unconditional, unsubordinated and unsecured obligations, except any obligation preferred by mandatory provisions of law.
The Shareholder Guarantors have unconditionally and irrevocably guaranteed, severally but not jointly on the basis of the Guarantee Proportion, the due payment of all sums expressed to be payable by the Issuer under the Bonds and the performance of all obligations of the Issuer under the Transaction Documents.