Subsidiary Formation. Not less than 7 days prior written notice to Agent of the proposed formation by Borrower or any Subsidiary of any other Subsidiary (which newly-formed Subsidiary shall be a Wholly-Owned Subsidiary), together with the actions proposed to be taken by Borrower to comply with, or cause compliance with, the provisions of Section 6.8 in respect of such Subsidiary formation.
Appears in 2 contracts
Sources: Credit Agreement (Performant Financial Corp), Credit Agreement (AmWINS GROUP INC)
Subsidiary Formation. Not less than 7 days prior written notice to Second Lien Agent of the proposed formation by Borrower or any Subsidiary of any other Subsidiary (which newly-formed Subsidiary shall be a Wholly-Owned Subsidiary), together with the actions proposed to be taken by Borrower to comply with, or cause compliance with, the provisions of Section 6.8 in respect of such Subsidiary formation.
Appears in 1 contract