Subsidiary Grantor definition

Subsidiary Grantor shall have the meaning assigned to such term in the preamble hereto.

Subsidiary Grantor means each Grantor other than the Borrower.

Subsidiary Grantor means a Grantor (as defined in the Security Agreement) that is a Wholly Owned Subsidiary of the Company and, at any time that the Pareteum Europe Security Agreement is in effect, Pareteum Europe.

Examples of Subsidiary Grantor in a sentence

Each Subsidiary that is required to become a party to this Security Agreement pursuant to Section 9.11 of the Credit Agreement shall become a Subsidiary Grantor, with the same force and effect as if originally named as a Grantor herein, for all purposes of this Security Agreement upon execution and delivery by such Subsidiary of a written supplement substantially in the form of Annex A hereto.
On the date hereof, without further action by any party to this Agreement or the Existing Security Agreement, each of the Released Parties shall cease to be a Subsidiary Grantor under the Existing Security Agreement, and shall not be deemed a Subsidiary Grantor under this Agreement.
Each Subsidiary Grantor is duly qualified to transact business and is in good standing in each jurisdiction in which such qualification is required, whether by reason of the ownership or leasing of property or the conduct of business, except for such jurisdictions where the failure to so qualify or to be in good standing would not, individually or in the aggregate, result in a Material Adverse Change.
All communications and notices hereunder to any Subsidiary Grantor shall be given to it in care of the Borrower at the Borrower’s address set forth in Section 13.2 of the Credit Agreement.
All communications and notices hereunder to any Subsidiary Grantor shall be given to it in care of the Company at the Company’s address set forth in Section 13.2 of the Credit Agreement.

Subsidiary Grantor means a Grantor (as defined in the Security Agreement) that is a Wholly Owned Subsidiary of the Company and Pareteum Europe.

Subsidiary Grantor means each of the Subsidiaries of the Company listed on Schedule A hereto and each other Subsidiary of the Company that becomes a Grantor pursuant to Section 7.13, in each case, unless and until such time as the respective Grantor is released from all of its obligations under this Agreement in accordance with the terms and provisions hereof and of the ABL Credit Agreement.

Subsidiary Grantor any Subsidiary of the Borrower that is a Grantor.

Subsidiary Grantor means any Loan Party other than the Borrower, as well as any Subsidiary of the Borrower that becomes party to this Security Agreement pursuant to Section 10.13.

Subsidiary Grantor means each Subsidiary Guarantor and each Production Sharing Entity.

Subsidiary Grantor means (a) each Domestic Subsidiary of the Company party hereto on the Issue Date and (b) each additional Subsidiary that becomes a Grantor pursuant to Section 4.15 of the Indenture.