Common use of Notice and Joinder of New Subsidiaries Clause in Contracts

Notice and Joinder of New Subsidiaries. Notify the Agent as soon as practicable of its ownership of any Subsidiary that is not a Borrower and cause such Subsidiary to execute and deliver to the Agent a Joinder and Assumption Agreement pursuant to which it shall, among other things, become a Borrower hereunder.

Notice and Joinder of New Subsidiaries. Notify the Agent as soon as practicable of its ownership of any Subsidiary that is not after acquiring or creating a Borrower new Subsidiary, and cause such new Subsidiary to execute and deliver to the Agent (a) at the Agent's sole election, either a Joinder and Assumption Agreement pursuant to which it shall, among other things, such Subsidiary shall become a Borrower hereunder., or a Guarantee pursuant to which such Subsidiary shall guarantee the obligations of the Borrowers

Notice and Joinder of New Subsidiaries. Notify the Agent as soon as practicable of its ownership of any Subsidiary that is not after acquiring or creating a Borrower new Subsidiary, and cause such new Subsidiary to execute and deliver to the Agent a Joinder and Assumption Agreement pursuant to which it shallin the form of Exhibit D attached hereto, among other things, become joining in this Agreement and becoming a Borrower hereunder.