Subordinated Guaranty definition

Subordinated Guaranty means, collectively, (i) the Guaranty executed and delivered by certain Subsidiaries of WWI pursuant to Section 4.13 of the Senior Subordinated Note Indenture and (ii) each other guaranty, if any, executed from time to time by any Subsidiary of WWI pursuant to which the guarantor thereunder has any Contingent Liability with respect to any Subordinated Debt.

Subordinated Guaranty means any Guarantee of a Subordinated Note issued by a Borrower that is subject to a valid and enforceable Subordination Agreement.

Subordinated Guaranty means, collectively, any guaranty executed from time to time by any Subsidiary of the Borrower pursuant to which the guarantor thereunder has any Contingent Liability with respect to any Subordinated Debt, such Contingent Liability to be subordinated on the same terms and conditions.

Examples of Subordinated Guaranty in a sentence

• This Agreement, the Subsidiary Guaranty, and all Loans and all other monetary obligations hereunder and thereunder, are hereby expressly designated as "Designated Senior Indebtedness", as that term is defined in the RTC Convertible Subordinated Indenture and in the RTC Convertible Subordinated Guaranty.

• All communications and notices hereunder shall be given as provided in the Restructuring Agreement or, as the case may be, the Subordinated Guaranty Agreement.

• Collectively, the Subordinated Note, the ---------------------- Subordinated Guaranty, any promissory notes executed in connection therewith and any and all guaranties and security interests, mortgages and other liens directly or indirectly guarantying or securing any of the Subordinated Debt, and any and all other documents or instruments evidencing or further guarantying or securing directly or indirectly any of the Subordinated Debt, whether now existing or hereafter created.

• Stemco Subordination Agreement — the Amended and Restated Subordination Agreement between Stemco LP (DE) and the Agent, subordinating the Debt evidenced by the Stemco Subordinated Note and the Coltec/Stemco Subordinated Guaranty to the Obligations and the Lien granted to Stemco LP (DE) pursuant to the Stemco Pledge Agreement to Agent’s Liens.

• Guarantor will not exercise any rights that it may acquire by way of subrogation under this Subordinated Guaranty by any payment made hereunder or otherwise until the Subordinated Notes have been paid in full.

More Definitions of Subordinated Guaranty

Subordinated Guaranty is defined in Section 6.2.11(c).

Subordinated Guaranty means, individually and collectively, (a) that certain Guaranty, dated as of the Third Amendment Effective Date, in form and substance satisfactory to Agent, by and among Guarantors and Wynnefield Partners Small Cap Value, LP, and (b) that certain Guaranty, dated as of the Third Amendment Effective Date, in form and substance satisfactory to Agent, by and among Guarantors and Wynnefield Partners Small Cap Value, LP I. ​

Subordinated Guaranty means, collectively, (i) the Guaranty executed and delivered by certain Subsidiaries of the Borrower pursuant to Section 4.13 of the Senior Subordinated Note Indenture and (ii) each other guaranty, if any, executed from time to time by any Subsidiary of the Borrower pursuant to which the guarantor thereunder has any Contingent Liability with respect to any other Subordinated Debt.

Subordinated Guaranty has the meaning given to such term in the Recitals hereto.

Subordinated Guaranty means the guaranties by the Borrower and its Subsidiaries of the Obligations of the Parent Guarantor under the Subordinated Notes pursuant to the Indenture.

Subordinated Guaranty means that certain subordinated guaranty executed and delivered by the parties on the date of this Agreement and effective upon the Closing.

Subordinated Guaranty has the meaning set forth in the recitals to this Agreement.