Common use of Additional Subsidiary Borrowers Clause in Contracts

Additional Subsidiary Borrowers. From time to time, the Company may designate additional Subsidiaries as Subsidiary Borrowers by delivering to the Agent a fully- executed original certificate in the form of Exhibit M, together with all documents required by such certificate (in sufficient number for the Agent and each of the Banks), whereupon, upon the Agent's acknowledgment of receipt of same, such designated Subsidiaries shall also be deemed Subsidiary Borrowers for all purposes hereof.

Appears in 3 contracts

Sources: Credit Agreement (Precision Castparts Corp), Credit Agreement (Precision Castparts Corp), Credit Agreement (Precision Castparts Corp)