Common use of Designated Subsidiary Borrowers Clause in Contracts

Designated Subsidiary Borrowers. The Parent Borrower may from time to time after the Effective Date designate one or more Persons as an additional Designated Subsidiary Borrower, subject to the following terms and conditions:

Appears in 5 contracts

Samples: Credit Agreement (Endurance Specialty Holdings LTD), Credit Agreement (Endurance Specialty Holdings LTD), Credit Agreement (Endurance Specialty Holdings LTD)

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Designated Subsidiary Borrowers. The Parent Borrower may from time to time after the Restatement Effective Date designate one or more Persons as an additional Designated Subsidiary Borrower, subject to the following terms and conditions:

Appears in 1 contract

Samples: Credit Agreement (Endurance Specialty Holdings LTD)

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