Spanish Guarantors definition

Spanish Guarantors means, collectively, each Guarantor that is incorporated under the laws of Spain.
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Spanish Guarantors means, collectively, each Guarantor that is incorporated under the laws of Spain (including the Spanish Subsidiary).
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Spanish Guarantors means, collectively, each Guarantor that is incorporated under the laws of Spain. “Spanish Insolvency Law ” shall mean the Law 22/2003 of 9 July 2003, on insolvency ( Ley 22/2003, de 9 de xxxxx, Concursal ), as amended from time to time. “Spanish Law Bank Account Pledges ” shall mean the pledges over the surplus after enforcement of certain pledges over bank accounts governed by the laws of Spain, entered into by each of the Spanish Guarantors for the benefit of all the Notes Secured Parties identified therein from time to time. “Spanish Law Irrevocable Power of Attorney ” shall mean the irrevocable powers of attorney gov- erned by the laws of Spain, granted by each of the Spanish Guarantors (and each other Guarantor granting a Spanish Law Share Pledge), in favor of the Collateral Agent in relation to the Spanish Law Security Docu- ments. “Spanish Law Security Documents ” shall mean, jointly, the Spanish Law Share Pledges, the Span- ish Law Bank Account Pledges, the Spanish Law Receivables Pledges, and the Spanish Law Irrevocable Power of Attorney, as well as any other security document governed by the laws of Spain which may be -44-
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Examples of Spanish Guarantors in a sentence

  • Each Spanish Guarantors undertakes that the Spanish Public Document shall state any conditions that any of the Trustee or the Notes Collateral Agent reasonably considers necessary or convenient in respect of the enforceability of this Indenture, the Notes, or the Spanish Collateral Documents referred to in article 517 et seq of the Spanish Civil Procedural Law.

  • The costs of issuance of the first copies (with and without enforcement title) of such Spanish Public Document shall be borne by the relevant Spanish Guarantors and the cost regarding the issuance of additional copies will be borne by the Party requesting such additional copies.

  • The cost of such certificate and documents will be for the account of the Spanish Guarantors in the manner provided under this Indenture.

  • The DoD Component may include a provision in the award-specific terms and conditions to override Section I of PROC Article II in each award to a recipient for which it made the determination about the recipient’sbonding policy and requirements, as described in paragraph (a) of this section.(2) Exceptions.

  • Notwithstanding the other provisions of Article IV, the obligations and liabilities of the Spanish Guarantors under this Agreement, shall be deemed to have been given only to the extent such guarantee does not violate Chapter VI of Title IV of Spanish Companies Act, governing, inter alia, unlawful financial assistance, and the liability of the Spanish Guarantors only applies to the extent permitted by such provisions of the Spanish Companies Act.

  • For the avoidance of doubt, if the Issuer has used its commercially reasonable efforts to cause the Additional Spanish Guarantors to convert their corporate form to sociedad anónima, there shall be no Default in the event such conversion is not implemented by a certain date, if at all.

  • The limitations set forth in this Article IV shall apply mutatis mutandi to any security created by any Spanish Guarantor under any Collateral Document and to any guarantee, indemnity, any similar obligation resulting in a payment obligation and payment, including but not limited to set-off, pursuant to the Loan Documents and made by Spanish Guarantors.

  • The Issuer and each of the Spanish Guarantors undertake to raise this Agreement, jointly with any Accession Agreement in connection herewith, to the status of a Spanish public document (documento público), by means of the granting of the relevant deed (escritura pública) before a Spanish Notary, within five Business Days from the request by any of the Purchasers.

  • Such limitations of the liabilities and obligations of the Spanish Guarantors may have the effect of reducing the amount of the obligations or liabilities assumed to zero.

Related to Spanish Guarantors

  • Canadian Guarantors means (i) each Canadian Borrower in its capacity as a guarantor under the Canadian Borrowers/Subsidiaries Guarantee and (ii) each other Canadian Subsidiary of Silgan.

  • Foreign Guarantors means and includes each Foreign Borrower and each Foreign Subsidiary Guarantor.

  • U.S. Guarantors means and include each U.S. Borrower (in its capacity as a guarantor under the U.S. Guaranty) and each U.S. Subsidiary Guarantor.

  • ABL Guarantors means the collective reference to (i) Holdings and each wholly owned Material Domestic Subsidiary (as defined in the ABL Credit Agreement) of the Borrower other than any Excluded Subsidiary (as defined in the ABL Credit Agreement), and (ii) any other Person who becomes a guarantor under any ABL Guaranty. The term “ABL Guarantors” shall include all “Guarantors” under and as defined in the ABL Credit Agreement.

  • Guarantors means Holdings and the Subsidiary Guarantors.

  • U.S. Subsidiary Guarantors means (a) each Domestic Subsidiary (other than an Unrestricted Subsidiary) on the Closing Date and (b) each Domestic Subsidiary that becomes a party to the Guarantee after the Closing Date pursuant to Section 9.11.

  • Canadian Guarantor means each Guarantor that is incorporated or otherwise organized under the laws of Canada or any province or territory thereof.

  • Canadian Subsidiary Guarantor each Canadian Subsidiary of any Canadian Borrower which executes and delivers the Canadian Guarantee and Collateral Agreement, in each case, unless and until such time as the respective Canadian Subsidiary Guarantor ceases to constitute a Canadian Subsidiary of the Parent Borrower or is released from all of its obligations under the Canadian Guarantee and Collateral Agreement in accordance with the terms and provisions thereof.

  • Original Guarantors shall have the meaning assigned to such term in the Preamble hereof.

  • Additional Guarantors shall have the meaning assigned to such term in the Preamble hereof.

  • Subsidiary Guarantors means each direct or indirect Domestic Subsidiary that is a Restricted Subsidiary in existence on the Closing Date or that becomes a party to the Subsidiary Guaranty Agreement pursuant to Section 8.11.

  • German Guarantor means a Guarantor incorporated under the laws of Germany as a GmbH.

  • Parent Guarantors means the Company, Holdings I, Holdings II, Holdings III, Holdings IV and Holdings V.

  • Dutch Security Documents means the Dutch Security Agreements, the Dutch Share Pledges, and each other agreement, document or instrument executed by any Loan Party governed by Dutch law which provides for a Lien in favor of the Agent as security for any of the Obligations.

  • Initial Guarantors shall have the meaning set forth in the preamble.

  • Foreign Guarantor means Parent and each Guarantor that is a Foreign Subsidiary.

  • Corporate Guarantor means Navios Maritime Holdings Inc., a company incorporated in the Xxxxxxxx Islands and having its registered office at Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Xxxxxxxx Xxxxxxx, XX00000;

  • U.S. Subsidiary Guarantor means each U.S. Subsidiary which has executed and delivered to the U.S. Administrative Agent the U.S. Subsidiary Guaranty (or a supplement thereto).

  • Limited Guarantor With respect to any Series (or Class within such Series), a Person specified in the related Supplement as providing a guarantee or insurance policy or other credit enhancement supporting the distributions in respect of such Series (or Class within such Series) as and to the extent specified in such Supplement.

  • Dutch law means the law directly applicable in the Netherlands.

  • Additional Subsidiary Guarantor means each Person that becomes a Subsidiary Guarantor after the Closing Date by execution of an Accession Agreement as provided in Section 6.12.

  • UK Guarantor means any Guarantor organized under the laws of England and Wales.

  • Canadian Guaranty means a Corporate Guaranty provided by an Affiliate of a Participant that is domiciled in Canada, and meets all of the provisions of Tariff, Attachment Q.

  • Subsidiary Guaranty Agreement means each unconditional guaranty agreement executed by the Subsidiary Guarantors in favor of the Administrative Agent for the ratable benefit of the Secured Parties, substantially in the form of Exhibit H, as amended, restated, supplemented or otherwise modified from time to time.

  • Subsidiary Guaranties means the Domestic Subsidiary Guaranty and each Foreign Subsidiary Guaranty.

  • Guarantor Subsidiaries has the meaning set forth in the Recitals to this Agreement.