Examples of Term Loan Guarantors in a sentence
Lien Guarantee and Collateral Agreement dated as of the date hereof among Holdings, Mid-Holdings, the Borrower, certain Subsidiaries of Mid-Holdings and the Senior Lien Term Loan Agent (the “Senior Lien Term Loan Guarantee and Collateral Agreement”), the Senior Lien Term Loan Guarantors have agreed, inter alia, to guarantee the payment and performance of the Borrower’s obligations under the Senior Lien Term Loan Documents.
As used herein, the term “Companies” means Holdings, the Term Loan Borrower, the ABL Borrower, the Term Loan Guarantors, the ABL Guarantors and each of their respective Domestic Subsidiaries.
Each Subsidiary Guarantor's obligations hereunder shall remain in full force and effect until, in the case of the Revolving Credit Loan/Tranche A Term Loan Guarantors, the Revolving Credit Loan/Tranche A Term Loan Obligations have been paid in full and the Revolving Credit Loan Commitments have been terminated and, in the case of the Tranche C Term Loan Guarantor, the Tranche C Term Loan Obligations have been paid in full.
Cash deposited in such subaccount of the Revolving L/C Cash Collateral Account pursuant to this Section 9.04 shall be returned to the Revolving Credit Loan/Tranche A Term Loan Guarantors depositing the same to the extent that funds deposited by the Borrower in the Revolving L/C Cash Collateral Account would have been required to be returned to the Borrower.
The respective obligations of each of the Subsidiary Guarantors under the Subsidiary Guaranty are independent of the Revolving Credit Loan/Tranche A Term Loan Obligations, in the case of the Revolving Credit Loan/Tranche A Term Loan Guarantors, and of the Tranche C Term Loan Obligations, in respect of the Tranche C Term Loan Guarantors.