Common use of Designation of Borrowing Subsidiaries Clause in Contracts

Designation of Borrowing Subsidiaries. The Borrower may from time to time designate any Foreign Subsidiary of the Borrower as a "Borrowing Subsidiary" hereunder by causing such Foreign Subsidiary to execute and deliver a duly completed Assumption Letter to the Administrative Agent, with the written consent of 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 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 Lenders thereof), terminate its status as a "Borrowing Subsidiary" hereunder. CHANGE IN CIRCUMSTANCES

Designation of Borrowing Subsidiaries. The Borrower Interim may from time to time designate any Foreign Subsidiary of Interim which has not joined in the Borrower 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 the Borrower 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 Advances 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 Lenders Banks thereof), terminate its status as a "Borrowing Subsidiary" hereunder. CHANGE IN CIRCUMSTANCES.

Designation of Borrowing Subsidiaries. The Borrower Culligan may from time to ------------------------------------- time designate any Foreign Subsidiary of the Borrower Culligan as a "Borrowing Subsidiary" hereunder by causing such Foreign Subsidiary to execute and deliver a duly completed Assumption Letter to the Administrative Agent, with the written consent of the Borrower 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 Advances 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 Lenders thereof), terminate its status as a "Borrowing Subsidiary" hereunder. CHANGE IN CIRCUMSTANCES.

Designation of Borrowing Subsidiaries. The Borrower Spherion may from time to time designate any Foreign Subsidiary of Spherion which has not joined in the Borrower 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 L to the Administrative Agent, with the written consent of the Borrower 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 Advances 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 Lenders Banks thereof), terminate its status as a "Borrowing Subsidiary" hereunder. CHANGE IN CIRCUMSTANCES.

Designation of Borrowing Subsidiaries. The Borrower With the consent of the Agent, BREED may from time to time designate any Foreign Subsidiary of BREED which has not joined in the Borrower 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 U to the Administrative Agent, with the written consent of BREED and the Borrower 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 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 performedfull, such Borrowing Subsidiary may, by not less than five (5) Business Days' prior notice to the Administrative Agent (which shall promptly notify the Lenders thereof), terminate its status as a "Borrowing Subsidiary" hereunder. CHANGE IN CIRCUMSTANCES.

Designation of Borrowing Subsidiaries. The Borrower may from time to time designate any Foreign Subsidiary of 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 M to the Administrative Agent, with the written consent of 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 Advances 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 Lenders thereof), terminate its status as a "Borrowing Subsidiary" hereunder. CHANGE IN CIRCUMSTANCES.

Designation of Borrowing Subsidiaries. The Borrower With the consent of the ------------------------------------- Agent, BREED may from time to time designate any Foreign Subsidiary of BREED which has not joined in the Borrower 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 U to the Administrative Agent, with the written consent of --------- BREED and the Borrower 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 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 performedfull, such Borrowing Subsidiary may, by not less than five (5) Business Days' prior notice to the Administrative Agent (which shall promptly notify the Lenders thereof), terminate its status as a "Borrowing Subsidiary" hereunder. CHANGE IN CIRCUMSTANCES; subject to continuing liability under Section 13.9 to the ------------ extent applicable.