Common use of Designation of Unrestricted Subsidiaries Clause in Contracts

Designation of Unrestricted Subsidiaries. The Company’s Board of Directors may designate any Subsidiary (including any Restricted Subsidiary or any newly acquired or newly formed Subsidiary) to be an Unrestricted Subsidiary so long as:

Designation of Unrestricted Subsidiaries. The CompanyParent’s Board of Directors may designate any Subsidiary (including any Restricted Subsidiary or any newly acquired or newly formed Subsidiary) to be an Unrestricted Subsidiary so long as:

Designation of Unrestricted Subsidiaries. The Company’s Board of Directors of the Parent may at any time designate any Subsidiary (including any Restricted Subsidiary or any newly acquired or newly formed Subsidiary(other than a Borrower) to be as an Unrestricted Subsidiary so long as:or any Unrestricted Subsidiary as a Restricted Subsidiary; provided that

Designation of Unrestricted Subsidiaries. The Company’s Board of Directors of the Company may designate any Subsidiary subsidiary of the Company (including any Restricted Subsidiary or existing subsidiary and any newly acquired or newly formed Subsidiarysubsidiary) to be an Unrestricted Subsidiary unless such subsidiary or any of its subsidiaries owns any Equity Interests or Indebtedness of, or owns or holds any Lien on, any property of, the Company or any subsidiary of the Company (other than any subsidiary of the subsidiary to be so long as:designated); provided that

Designation of Unrestricted Subsidiaries. The Company’s Board of Directors Company may designate any Subsidiary (including any Restricted Subsidiary or any newly acquired or newly formed Subsidiary or a Person becoming a Subsidiary through merger or consolidation or Investment therein) as an "Unrestricted Subsidiary" hereunder (a "Designation") to be an Unrestricted Subsidiary so long asonly if:

Designation of Unrestricted Subsidiaries. The Company’s Board Boards of Directors of the Borrower and Holdings may designate any Subsidiary (including any Restricted newly formed or newly acquired Subsidiary or a Person becoming a Subsidiary through merger or consolidation or Investment therein) of Holdings (other than the Borrower or any newly acquired or newly formed parent company of the Borrower) as an “Unrestricted Subsidiary” under this Agreement (a “Designation”) to be an Unrestricted Subsidiary so long asonly if:

Designation of Unrestricted Subsidiaries. (a) The Company’s Board of Directors , at its option, may from time to time designate any Subsidiary as an “Unrestricted Subsidiary” for purposes hereof in accordance with the following: (including i) any Restricted Subsidiary or any newly acquired or newly formed Subsidiary) to that is not a Material Subsidiary may be designated by the Company as an Unrestricted Subsidiary so long as:in its sole discretion and (ii) any Material Subsidiary may be designated by the Company as an Unrestricted Subsidiary only with the prior written consent of the Majority