Designation of Subsidiary Borrowers. (a) The Company may at any time and from time to time designate any Foreign Subsidiary as a Foreign Borrower with the ability to request credit under the Revolving Credit Commitment upon satisfaction of the following conditions:
Appears in 2 contracts
Samples: Security Agreement (Schulman a Inc), Credit Agreement (Schulman a Inc)
Designation of Subsidiary Borrowers. (a) The Company may at any time and from time to time designate any Foreign Subsidiary as a Foreign European Borrower with the ability to request credit (other than US Tranche Term Loans) under the Revolving Credit Commitment US Tranche upon satisfaction of the following conditions:
Appears in 1 contract
Samples: Credit Agreement (Schulman a Inc)
Designation of Subsidiary Borrowers. (a) The Company may at any time and from time to time designate any Foreign Subsidiary (other than one organized under the laws of Malaysia or a political subdivision thereof) as a Foreign Borrower with the ability to request credit under the Revolving Credit Commitment Foreign Tranche upon satisfaction of the following conditions:
Appears in 1 contract
Samples: Credit Agreement (Schulman a Inc)
