Subsidiary Guarantor definition

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

Subsidiary Guarantor means, collectively, the Subsidiaries of the Borrower that are Guarantors.

Subsidiary Guarantor means each Subsidiary of the Borrower which is a party to the Subsidiary Guaranty.

Examples of Subsidiary Guarantor in a sentence

• Failing payment when due of any amount so guaranteed or failing performance of any other obligation so guaranteed for whatever reason, each Subsidiary Guarantor shall be obligated to pay, or to perform or cause the performance of, the same immediately.

• To the fullest extent permitted by applicable law, no Subsidiary Guarantee shall operate by way of merger of any of the obligations of a Subsidiary Guarantor under any other agreement.

• A trustee, director, officer, employee, incorporator, member or shareholder, as such, of the Company or any Subsidiary Guarantor shall not have any liability for any obligations of the Company or the Subsidiary Guarantors under this Note, the other Notes, the Guarantees, the Indenture, the Security Documents or the Intercreditor Agreements or for any claim based on, in respect of, or by reason of, such obligations or their creation.

• Notwithstanding anything to the contrary herein, the Subsidiary Guarantee of any Subsidiary Guarantor shall automatically terminate and be released, all other obligations of such Subsidiary Guarantor under this Indenture shall automatically terminate and such Subsidiary Guarantor shall be automatically released from its obligations under its Subsidiary Guarantee and its other obligations under this Indenture, pursuant to the terms of any applicable Intercreditor Agreement.

• To the fullest extent permitted by applicable law, the rights, remedies, powers and privileges in this Indenture, the Notes and any other document or instrument between a Subsidiary Guarantor and/or the Company and the Trustee and the Holders of the Notes are cumulative and not exclusive of any rights, remedies, powers and privilege provided by law.

More Definitions of Subsidiary Guarantor

Subsidiary Guarantor means any Subsidiary of the Company that is a Guarantor.

Subsidiary Guarantor means any Subsidiary that has issued a Subsidiary Guarantee.

Subsidiary Guarantor means any Guarantor other than Holdings.

Subsidiary Guarantor each Subsidiary of the Borrower other than any Excluded Foreign Subsidiary.

Subsidiary Guarantor means each Subsidiary listed on Schedule 1.01(b), and each other Subsidiary that is or becomes a party to this Agreement pursuant to Section 5.11.

Subsidiary Guarantor means each Material Domestic Subsidiary that is a party to the Subsidiary Guaranty. The Subsidiary Guarantors on the Effective Date are identified as such in Schedule 3.01 hereto.

Subsidiary Guarantor means any Domestic Subsidiary of the Borrower that is a Subsidiary Guarantor under the Guarantee and Security Agreement. It is understood and agreed that Excluded Assets, Immaterial Subsidiaries and Controlled Foreign Corporations shall not be required to be Subsidiary Guarantors.