Subsidiary Grantor definition

Subsidiary Grantor means each Grantor other than the Borrower.
Subsidiary Grantor shall have the meaning assigned to such term in the preamble hereto.
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

  • If Debtor shall form any Subsidiary, Debtor shall cause such Subsidiary to become a Subsidiary Grantor pursuant to this Agreement, such Subsidiary shall execute and deliver to Collateral Agent a Joinder Agreement substantially in the form of Exhibit A and shall thereafter for all purposes be a party hereto and have the same rights, benefits and obligations as a Grantor party hereto on the Closing Date.

  • Each Subsidiary Grantor shall at all times be a Single Purpose Entity.


More Definitions of Subsidiary Grantor

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 and “Subsidiary Grantors” have the meanings given in the introductory paragraph to this Agreement.
Subsidiary Grantor any Subsidiary of the Borrower that is a Grantor.
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.
Subsidiary Grantor means each Grantor other than the Company.