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, 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.

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

Examples of Subordinated Guaranty in a sentence

• The Debentures and the Guarantee shall have been appropriately issued, authenticated by the Trustee under the applicable Indenture or the applicable Subordinated Guaranty and Pledge Agreement, and delivered to the purchaser or purchasers thereof and the consideration therefor received by the Company.

• The Holder acknowledges and agrees that effective upon conversion of the Note pursuant to paragraph 2(a) and the prepayment of a portion of the principal amount of the Note pursuant to Section 2(b) above, the Note shall be deemed satisfied, paid in full and shall be cancelled and of no further force or effect and the Subordinated Guaranty entered into by Metamor and the Holder with respect to the Note shall automatically be terminated and of no further force or effect.

• 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.

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

• 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.

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

Subordinated Guaranty means the Subordinated Guaranty by each Guarantor of the Company's payment obligations under the Senior Subordinated Notes, executed pursuant to the provisions of the Note Purchase Agreement.

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.