Common use of Designated Subsidiaries Clause in Contracts

Designated Subsidiaries. (a) DESIGNATION. The Company may at any time, and from time to time, by delivery to the Agent of a Designation Agreement duly executed by the Company and the respective Subsidiary and substantially in the form of Exhibit E hereto, designate such Subsidiary as a "Designated Subsidiary" for purposes of this Agreement and such Subsidiary shall thereupon become a "Designated Subsidiary" for purposes of this Agreement and, as such, shall have all of the rights and obligations of a Borrower hereunder. The Agent shall promptly notify each Lender of each such designation by the Company and the identity of the respective Subsidiary.

Appears in 4 contracts

Samples: Day Credit Agreement (Interpublic Group of Companies Inc), Credit Agreement (Interpublic Group of Companies Inc), Credit Agreement (Interpublic Group of Companies Inc)

AutoNDA by SimpleDocs

Designated Subsidiaries. (a) DESIGNATIONBid only). The Company may at any time, and from time to time, by delivery to the Agent of a Designation Agreement Letter duly executed by the Company and the respective Subsidiary and substantially in the form of Exhibit E D hereto, designate such Subsidiary as a "Designated Subsidiary" Subsidiary (Bid only)” for purposes of this Agreement and such Subsidiary shall thereupon become a "Designated Subsidiary" Subsidiary (Bid only)” for purposes of this Agreement and, as such, shall have all of the rights under Section 2.03 and obligations of a Borrower hereunder. The Agent shall promptly notify each Lender of each such designation by the Company and the identity of the respective Subsidiary.

Appears in 2 contracts

Samples: Year Credit Agreement (International CCE Inc.), Credit Agreement (Coca Cola Co)

Designated Subsidiaries. (a) DESIGNATION. The Company may at any time, and from time to time, by delivery to the Agent of a Designation Agreement Letter duly executed by the Company and the respective Subsidiary and substantially in the form of Exhibit E D hereto, designate such Subsidiary as a "Designated Subsidiary" for purposes of this Agreement and such Subsidiary shall thereupon become a "Designated Subsidiary" for purposes of this Agreement and, as such, shall have all of the rights and obligations of a Borrower hereunder. The Agent shall promptly notify each Lender of each such designation by the Company and the identity of the respective Subsidiary.

Appears in 1 contract

Samples: Credit Agreement (Coca Cola Enterprises Inc)

Designated Subsidiaries. (a) DESIGNATION. The Company may at any time, and from time to time, by delivery to the Agent of a Designation Agreement Letter duly executed by the Company and the respective Subsidiary and substantially in the form of Exhibit E hereto, designate such Subsidiary as a "Designated Subsidiary" for purposes of this Agreement and such Subsidiary shall thereupon become a "Designated Subsidiary" for purposes of this Agreement and, as such, shall have all of the rights and obligations of a Borrower hereunder. The Agent shall promptly notify each Lender of each such designation by the Company and the identity of the respective Subsidiary.

Appears in 1 contract

Samples: Credit Agreement (Hershey Foods Corp)

Designated Subsidiaries. (a) DESIGNATION. The Company may at any time, and from time to time, by delivery to the Agent of a Designation Agreement Letter duly executed by the Company and the respective Subsidiary and substantially in the form of Exhibit E F hereto, designate such Subsidiary as a "Designated Subsidiary" for purposes of this Agreement and such Subsidiary shall thereupon become a "Designated Subsidiary" for purposes of this Agreement and, as such, shall have all of the rights and obligations of a Borrower hereunder. The Agent shall promptly notify each Lender of each such designation by the Company and the identity of the respective Subsidiary.Borrower

Appears in 1 contract

Samples: Day Credit Agreement (Hershey Foods Corp)

AutoNDA by SimpleDocs

Designated Subsidiaries. (a) DESIGNATIONBid only). The Company may at any time, and from time to time, by delivery to the Agent of a Designation Agreement Letter duly executed by the Company and the respective Subsidiary and substantially in the form of Exhibit E D hereto, designate such Subsidiary as a "Designated SubsidiarySubsidiary (Bid only)" for purposes of this Agreement and such Subsidiary shall thereupon become a "Designated SubsidiarySubsidiary (Bid only)" for purposes of this Agreement and, as such, shall have all of the rights under Section 2.03 and obligations of a Borrower hereunder. The Agent shall promptly notify each Lender of each such designation by the Company and the identity of the respective Subsidiary.

Appears in 1 contract

Samples: Five Year Credit Agreement (Coca Cola Enterprises Inc)

Designated Subsidiaries. (a) DESIGNATION. The Company may at any time, and from time to time, by delivery to the Agent of a Designation Agreement Letter duly executed by the Company and the respective Subsidiary and substantially in the form of Exhibit E D hereto, designate such Subsidiary as a "Designated Subsidiary" for purposes of this Agreement and such Subsidiary shall thereupon become a "Designated Subsidiary" for purposes of this Agreement and, as such, shall have all of the rights and obligations of a Borrower hereunder. The Agent shall promptly notify each Lender of each such designation by the Company and the identity of the respective Subsidiary.

Appears in 1 contract

Samples: Five Year Credit Agreement (Coca Cola Enterprises Inc)

Designated Subsidiaries. (a) DESIGNATION. The Company may at any time, and from time to time, by delivery to the Agent of a Designation Agreement Letter duly executed by the Company and the respective Subsidiary and substantially in the form of Exhibit E F hereto, designate such Subsidiary as a "Designated Subsidiary" for purposes of this Agreement and such Subsidiary shall thereupon become a "Designated Subsidiary" for purposes of this Agreement and, as such, shall have all of the rights and obligations of a Borrower hereunder. The Agent shall promptly notify each Lender of each such designation by the Company and the identity of the respective Subsidiary.

Appears in 1 contract

Samples: Credit Agreement (Hershey Foods Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.