Designation Effective Date definition
Examples of Designation Effective Date in a sentence
As of the Designation Effective Date, the Designated Subsidiary shall be entitled to the rights, and subject to the obligations, of a Subsidiary Borrower.
This designation shall be effective upon its receipt by the Agent (the "Designation Effective Date").
The West Company and the Designated Company hereby represent and warrant to the Agent and the Banks that the Designated Company meets, and will continue to meet as of the Designation Effective Date, the criteria set forth in the definition of Subsidiary Borrower in the Credit Agreement.