Successor Guarantor definition

Successor Guarantor shall have the meaning specified in Section 11.02(a).

Successor Guarantor has the meaning ascribed to it in Section 4.01 hereof.

Successor Guarantor has the meaning specified in Section 5.02(a).

Examples of Successor Guarantor in a sentence

• Except as otherwise provided in this Indenture, the Successor Guarantor (if other than such Guarantor) will succeed to, and be substituted for, such Guarantor under this Indenture and the Notes or the Guarantee, as applicable, and such Guarantor will automatically be released and discharged from its obligations under this Indenture and the Notes or its Guarantee.

• If the Guarantor engages in one of the transactions described above and complies with the conditions listed above, the Successor Guarantor will succeed to, and be substituted for, and may exercise every right and power of, the Guarantor under this Indenture, but, in the case of a lease of all or substantially all its assets, the Guarantor will not be released from the obligation to pay the principal of and premium, if any, and interest on the Notes (including additional amounts).

• By executing and delivering this Assumption Agreement, the Successor Guarantor, as provided in Section 3.12 of the Guarantee Agreement, hereby becomes a party to the Guarantee Agreement as a Guarantor thereunder with the same force and effect as if originally named therein as a Guarantor and, without limiting the generality of the foregoing, hereby expressly assumes all obligations and liabilities of a Guarantor thereunder.

• The Successor Guarantor shall mail to the holder of this Note a notice describing the supplemental Note.

• If a Guarantor is not the Successor Guarantor, such Successor Guarantor shall promptly execute and deliver to the Administrative Agent (A) an assumption of the Guarantor’s obligations under the Loan Documents to which it is party and (B) such certified resolutions, opinions of counsel and other supporting documentation as the Administrative Agent may reasonably request, all of which shall be reasonably satisfactory to the Administrative Agent.

More Definitions of Successor Guarantor

Successor Guarantor has the meaning specified in Section 8.02 of this Indenture.

Successor Guarantor has the meaning specified in Section 7.04(b)(i).

Successor Guarantor is defined in Section 7.10.

Successor Guarantor has the meaning assigned to such term in Section 5.01(b)(1).

Successor Guarantor has the meaning set forth in Section 7.3.

Successor Guarantor means any Person(s) who have executed and delivered an Endorsement in accordance with Section 5.04(a) or Section 5.04(b).

Successor Guarantor as defined in Section 6.8(c).