Common use of Designation of Unrestricted Subsidiaries Clause in Contracts

Designation of Unrestricted Subsidiaries. (a) The Borrower may designate any Subsidiary of the Borrower as an “Unrestricted Subsidiary” under this Agreement (a “Designation”) only if:

Appears in 5 contracts

Samples: Credit Agreement (Cactus, Inc.), Second Lien Credit Agreement (Neff Corp), Credit Agreement (Cactus, Inc.)

AutoNDA by SimpleDocs

Designation of Unrestricted Subsidiaries. (a) The Borrower may will not designate any Subsidiary of the Borrower as an Unrestricted Subsidiary” under this Agreement (a “Designation”) only if, unless:

Appears in 4 contracts

Samples: Subordinated Credit Agreement (Encore Energy Partners LP), Credit Agreement (Encore Acquisition Co), Credit Agreement (Encore Acquisition Co)

Designation of Unrestricted Subsidiaries. (a) The Borrower may designate any a Restricted Subsidiary of the Borrower (other than PD or PTFI) as an Unrestricted Subsidiary” under this Agreement Subsidiary (a “Designation”) only if:

Appears in 2 contracts

Samples: Credit Agreement (Freeport McMoran Copper & Gold Inc), Credit Agreement (Freeport McMoran Copper & Gold Inc)

Designation of Unrestricted Subsidiaries. (a) The board of directors of the Borrower may designate after the Closing Date any Subsidiary of the Borrower as an “Unrestricted Subsidiary” under this Agreement (a “Designation”) only if:

Appears in 2 contracts

Samples: Credit Agreement (Sandridge Energy Inc), Credit Agreement (Sandridge Energy Inc)

AutoNDA by SimpleDocs

Designation of Unrestricted Subsidiaries. (a) The Borrower may designate after the Effective Date any Subsidiary of the Borrower as an "Unrestricted Subsidiary" under this Agreement (a "Designation") only if:

Appears in 1 contract

Samples: Bridge Loan Agreement (Constellation Brands Inc)

Designation of Unrestricted Subsidiaries. (a) The Borrower may designate any Subsidiary of the Borrower as an "Unrestricted Subsidiary" under this Agreement (a "Designation") only if:

Appears in 1 contract

Samples: Senior Subordinated Loan Agreement (Global Power Equipment Group Inc/)

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