Common use of Designation of Borrowing Subsidiaries Clause in Contracts

Designation of Borrowing Subsidiaries. Interim may from time to time designate any Foreign Subsidiary of Interim which has not joined in the execution of this Agreement as a "Borrowing Subsidiary" hereunder by causing such Foreign Subsidiary to execute and deliver a duly completed Assumption Letter in the form attached hereto as Exhibit M to the Administrative Agent, with the written consent of Interim at the foot thereof. Upon such execution, delivery and consent such Foreign Subsidiary shall for all purposes be a party hereto as a Borrowing Subsidiary as fully as if it had executed and delivered this Agreement. So long as the principal of and interest on all Borrowings made to any Borrowing Subsidiary under this Agreement shall have been paid in full and all other obligations of such Borrowing Subsidiary shall have been fully performed, such Borrowing Subsidiary may, by not less than five Business Days' prior notice to the Administrative Agent (which shall promptly notify the Banks thereof), terminate its status as a "Borrowing Subsidiary" hereunder.

Designation of Borrowing Subsidiaries. Interim Spherion may from time to time designate any Foreign Subsidiary of Interim Spherion which has not joined in the execution of this Agreement as a "Borrowing Subsidiary" hereunder by causing such Foreign Subsidiary to execute and deliver a duly completed Assumption Letter in the form attached hereto as Exhibit M EXHIBIT L to the Administrative Agent, with the written consent of Interim Spherion at the foot thereof. Upon such execution, delivery and consent such Foreign Subsidiary shall for all purposes be a party hereto as a Borrowing Subsidiary as fully as if it had executed and delivered this Agreement. So long as the principal of and interest on all Borrowings made to any Borrowing Subsidiary under this Agreement shall have been paid in full and all other obligations of such Borrowing Subsidiary shall have been fully performed, such Borrowing Subsidiary may, by not less than five Business Days' prior notice to the Administrative Agent (which shall promptly notify the Banks thereof), terminate its status as a "Borrowing Subsidiary" hereunder.

Designation of Borrowing Subsidiaries. Interim The Borrower may from time to time designate any Foreign Subsidiary of Interim which has not joined in the execution of this Agreement Borrower as a "Borrowing Subsidiary" hereunder by causing such Foreign Subsidiary to execute and deliver a duly completed Assumption Letter in the form attached hereto as Exhibit M to the Administrative Agent, with the written consent of Interim the Borrower at the foot thereof. Upon such execution, delivery and consent such Foreign Subsidiary shall for all purposes be a party hereto as a Borrowing Subsidiary as fully as if it had executed and delivered this Agreement. So long as the principal of and interest on all Borrowings Advances made to any Borrowing Subsidiary under this Agreement shall have been paid in full and all other obligations of such Borrowing Subsidiary shall have been fully performed, such Borrowing Subsidiary may, by not less than five Business Days' prior notice to the Administrative Agent (which shall promptly notify the Banks Lenders thereof), terminate its status as a "Borrowing Subsidiary" hereunder.. CHANGE IN CIRCUMSTANCES

Designation of Borrowing Subsidiaries. Interim With the consent of the ------------------------------------- Agent, BREED may from time to time designate any Foreign Subsidiary of Interim BREED which has not joined in the execution of this Agreement as a "Borrowing Subsidiary" hereunder under the Revolving Credit Facility by causing such Foreign Subsidiary to execute and deliver a duly completed Assumption Letter in the form attached hereto as Exhibit M U to the Administrative Agent, with the written consent of Interim --------- BREED and the Agent at the foot thereof. Upon such execution, delivery and consent such Foreign Subsidiary shall for all purposes be a party hereto as a Borrowing Subsidiary as fully as if it had executed and delivered this Agreement. So long as the principal all Obligations of and interest on all Borrowings made to any Borrowing Subsidiary under this Agreement shall have been paid in full and all other obligations of such Borrowing Subsidiary shall have been fully performedfull, such Borrowing Subsidiary may, by not less than five (5) Business Days' prior notice to the Administrative Agent (which shall promptly notify the Banks Lenders thereof), terminate its status as a "Borrowing Subsidiary" hereunder; subject to continuing liability under Section 13.9 to the ------------ extent applicable.

Designation of Borrowing Subsidiaries. Interim Culligan may from time to ------------------------------------- time designate any Foreign Subsidiary of Interim which has not joined in the execution of this Agreement Culligan as a "Borrowing Subsidiary" hereunder by causing such Foreign Subsidiary to execute and deliver a duly completed Assumption Letter in the form attached hereto as Exhibit M to the Administrative Agent, with the written consent of Interim Culligan at the foot thereof. Upon such execution, delivery and consent consent, such Foreign Subsidiary shall for all purposes be a party hereto as a Borrowing Subsidiary as fully as if it had executed and delivered this Agreement. So long as the principal of and interest on all Borrowings Loans made to any Borrowing Subsidiary under this Agreement shall have been paid in full and all other obligations of such Borrowing Subsidiary hereunder shall have been fully performed, such Borrowing Subsidiary may, by not less than five Business Days' prior notice to the Administrative Agent (which shall promptly notify the Banks Lenders thereof), terminate its status as a "Borrowing Subsidiary" hereunder.

Designation of Borrowing Subsidiaries. Interim The Borrower may from time to time designate any Foreign Subsidiary of Interim the Borrower which has not joined in the execution of this Agreement as a "Borrowing Subsidiary" hereunder by causing such Foreign Subsidiary to execute and deliver a duly completed Assumption Letter in the form attached hereto as Exhibit EXHIBIT M to the Administrative Agent, with the written consent of Interim the Borrower at the foot thereof. Upon such execution, delivery and consent such Foreign Subsidiary shall for all purposes be a party hereto as a Borrowing Subsidiary as fully as if it had executed and delivered this Agreement. So long as the principal of and interest on all Borrowings made to any Borrowing Subsidiary under this Agreement shall have been paid in full and all other obligations of such Borrowing Subsidiary shall have been fully performed, such Borrowing Subsidiary may, by not less than five Business Days' prior notice to the Administrative Agent (which shall promptly notify the Banks Lenders thereof), terminate its status as a "Borrowing Subsidiary" hereunder.

Designation of Borrowing Subsidiaries. Interim With the consent of the Agent, BREED may from time to time designate any Foreign Subsidiary of Interim BREED which has not joined in the execution of this Agreement as a "Borrowing Subsidiary" hereunder under the Revolving Credit Facility by causing such Foreign Subsidiary to execute and deliver a duly completed Assumption Letter in the form attached hereto as Exhibit M U to the Administrative Agent, with the written consent of Interim BREED and the Agent at the foot thereof. Upon such execution, delivery and consent such Foreign Subsidiary shall for all purposes be a party hereto as a Borrowing Subsidiary as fully as if it had executed and delivered this Agreement. So long as the principal all Obligations of and interest on all Borrowings made to any Borrowing Subsidiary under this Agreement shall have been paid in full and all other obligations of such Borrowing Subsidiary shall have been fully performedfull, such Borrowing Subsidiary may, by not less than five (5) Business Days' prior notice to the Administrative Agent (which shall promptly notify the Banks Lenders thereof), terminate its status as a "Borrowing Subsidiary" hereunder.

Designation of Borrowing Subsidiaries. Interim Culligan may from time to time designate any Foreign Subsidiary of Interim which has not joined in the execution of this Agreement Culligan as a "Borrowing Subsidiary" hereunder by causing such Foreign Subsidiary to execute and deliver a duly completed Assumption Letter in the form attached hereto as Exhibit M to the Administrative Agent, with the written consent of Interim Culligan at the foot thereof. Upon such execution, delivery and consent consent, such Foreign Subsidiary shall for all purposes be a party hereto as a Borrowing Subsidiary as fully as if it had executed and delivered this Agreement. So long as the principal of and interest on all Borrowings Loans made to any Borrowing Subsidiary under this Agreement shall have been paid in full and all other obligations of such Borrowing Subsidiary hereunder shall have been fully performed, such Borrowing Subsidiary may, by not less than five Business Days' prior notice to the Administrative Agent (which shall promptly notify the Banks Lenders thereof), terminate its status as a "Borrowing Subsidiary" hereunder.