Examples of Successor Borrower in a sentence
Pursuant to the Note Purchase Agreement, additional Subsidiaries, Successor Holdings or a Successor Borrower may or may be required to become Grantors after the date hereof.
The rights and obligations of each Grantor hereunder shall remain in full force and effect notwithstanding the addition of any Subsidiary, Successor Holdings or a Successor Borrower as a party to this Agreement.
Upon execution and delivery by the Collateral Agent and a Subsidiary, Successor Holdings or a Successor Borrower of a Supplement (which shall be accompanied by an Information Certificate duly executed by such Subsidiary, Successor Holdings or Successor Borrower), any such Subsidiary, Successor Holdings or a Successor Borrower shall become a Grantor hereunder with the same force and effect as if originally named as such herein.
Such Successor Borrower thereupon may cause to be signed, and may issue either in its own name or in the name of the Borrower any or all of the Notes issuable under the Purchase Agreement which theretofore shall not have been signed and delivered by the Borrower.