Store Guarantor definition

Store Guarantor means any Subsidiary of Ultimate Parent other than (i) First Intermediate Parent, (ii) Borrower, (iii) Foreign Subsidiaries and (iv) Joint Ventures (in each case, whether or not such Person operates a retail store), and "Store Guarantors" shall mean all of the foregoing, collectively.
Sample 1Sample 2Sample 3
Store Guarantor means any Subsidiary of Ultimate Parent other than (i) First Intermediate Parent, (ii) Borrower, (iii) Foreign Subsidiaries and (iv) Joint Ventures (in each case, whether or not such Person operates a retail store), and "STORE GUARANTORS" shall mean all of the foregoing, collectively.
Sample 1

Examples of Store Guarantor in a sentence

  • The Loan Parties shall not and shall not cause or permit any Store Guarantor to execute any agreement or take any action inconsistent with the foregoing.

  • Borrower shall own all Inventory held for sale by each Store Guarantor.

  • No Credit Party shall make any Restricted Payment, except (a) asset or Stock transfers permitted under Section 6.1; (b) intercompany loans permitted under Section 6.3; (c) restricted payments consisting of cash dividends paid to any Store Guarantor or to First Intermediate Parent, Second Intermediate Parent, Third Intermediate Parent or Ultimate Parent; and (d) redemptions or repurchases of fractional shares not to exceed $100,000 per year.

  • Although the Credit Parties are not required to obtain landlord waivers as to Store locations, (i) if an Event of Default shall have occurred and be continuing, Agent may impose a Reserve against Borrowing Availability equal to one month's rent as to all Store locations and (ii) if any Store Guarantor shall default in the payment of rent under its Store Lease, Agent may impose a Reserve against Borrowing Availability in the amount of those defaulted rent obligations (which may exceed one month's rent).

  • Although the Credit Parties are not required to obtain landlord waivers as to Store locations, (i) if an Event of Default has occurred and is continuing, Agent may impose a Reserve against Borrowing Availability equal to one month's rent as to all Store locations and (ii) if any Store Guarantor shall default in the payment of rent under its Store Lease, Agent may impose a Reserve against Borrowing Availability in the amount of those defaulted rent obligations (which may exceed one month's rent).

  • No Store Guarantor shall execute any agreement or take any action inconsistent with the foregoing.

  • The New Store Guarantor hereby grants to Agent for the benefit of Lenders a security interest in all Collateral in which it has an interest, whether now owned or hereafter arising, in accordance with the terms of the Security Agreement, which is incorporated herein by reference.

  • Although the Credit Parties are not required to obtain landlord waivers as to Store locations, (i) if an Event of Default has occurred and is continuing, Agent may impose a Reserve against Borrowing Availability equal to one month’s rent as to all Store locations and (ii) if any Store Guarantor shall default in the payment of rent under its Store Lease, Agent may impose a Reserve against Borrowing Availability in the amount of those defaulted rent obligations (which may exceed one month’s rent).

  • The New Store Guarantor guarantees payment and performance of the Obligations in accordance with the terms of the Store Guarantors' Guaranty, which is incorporated herein by reference.

  • On the Closing Date and immediately after the closing, each Store Guarantor shall have sold by xxxx of sale all of its Inventory to Borrower and Borrower shall be the owner thereof free and clear of all Liens other than Liens in favor of Agent and Seller.

Related to Store Guarantor

  • Guarantor means: .............................................................................................................................................

  • Non-Guarantor means any Restricted Subsidiary that is not a Guarantor.

  • Eligible Guarantor means an entity that (A) has credit ratings at least equal to the Approved Ratings Threshold or (B) has credit ratings at least equal to the Required Ratings Threshold, provided, for the avoidance of doubt, that an Eligible Guarantee of an Eligible Guarantor with credit ratings below the Approved Ratings Threshold will not cause a Collateral Event (as defined in the Credit Support Annex) not to occur or continue.

  • 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).

  • U.S. Guarantor means a Guarantor whose jurisdiction of organisation is a state of the United States or the District of Columbia.

  • Subsidiary Guarantor means each Subsidiary that has executed and delivered a Subsidiary Guaranty.

  • Guarantor Subsidiary means each Guarantor other than Holdings.

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

  • New Guarantor means each Person who becomes a Guarantor in relation to the Securities by executing a New Guarantor Supplemental Indenture, in each case unless and until such Guarantor has been released from its Guarantee pursuant to Section 1302.

  • Signature Guaranteed NOTE: The signature to this Assignment Form must correspond with the name as it appears on the face of the Warrant, without alteration or enlargement or any change whatsoever, and must be guaranteed by a bank or trust company. Officers of corporations and those acting in a fiduciary or other representative capacity should file proper evidence of authority to assign the foregoing Warrant.

  • Parent Guarantor has the meaning specified in the recital of parties to this Agreement.

  • Signature Guarantee Participant in a recognized Signature Guarantee Medallion Program (or other signature guarantor program reasonably acceptable to the Trustee)

  • Significant Guarantor means any guaranty agency that guarantees trust student loans comprising at least 10% of the Pool Balance of the trust student loans by outstanding principal balance as of the statistical disclosure date.

  • Wholly Owned Subsidiary Guarantor any Subsidiary Guarantor that is a Wholly Owned Subsidiary of the Borrower.

  • Issuer Subsidiary means any subsidiary of the Issuer.

  • 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.

  • Non-Guarantor Subsidiary means any Restricted Subsidiary that is not a Subsidiary Guarantor.

  • Initial Guarantor has the meaning set forth in the preamble hereto.

  • 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.

  • Seller Guarantor has the meaning set forth in the Preamble.

  • Performance Guarantor means Parent.

  • Original Guarantor means the Persons identified as such in the first paragraph of this Indenture until a successor Person shall have become such pursuant to the applicable provisions of this Indenture, and thereafter each such successor Person shall be an “Original Guarantor”.

  • 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.

  • Subsidiary means an entity in which more than 50 percent of the entity is owned—