Common use of Limitations on Designation of Unrestricted Subsidiaries Clause in Contracts

Limitations on Designation of Unrestricted Subsidiaries. (a) Borrower may designate any Subsidiary (including any newly formed or newly acquired Subsidiary) of Borrower as an “Unrestricted Subsidiary” under this Agreement and the other Loan Documents (a “Designation”) only if:

Appears in 3 contracts

Samples: Term Loan Agreement, Term Loan Agreement (Phibro Animal Health Corp), Term Loan Agreement (Phibro Animal Health Corp)

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Limitations on Designation of Unrestricted Subsidiaries. (a) The Borrower may designate any Subsidiary (including any newly formed or newly acquired Subsidiary) of the Borrower as an “Unrestricted Subsidiary” under this Agreement and the other Loan Documents (a “Designation”) only if:

Appears in 1 contract

Samples: Credit Agreement (Ply Gem Holdings Inc)

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