Common use of Designation of Subsidiaries Clause in Contracts

Designation of Subsidiaries. The Borrower may at any time designate any Restricted Subsidiary as an Unrestricted Subsidiary or designate (or re-designate, as the case may be) any Unrestricted Subsidiary as a Restricted Subsidiary; provided that:

Appears in 11 contracts

Samples: First Lien Credit Agreement (Petco Health & Wellness Company, Inc.), Credit Agreement (Allegro Microsystems, Inc.), Term Loan Credit Agreement (Allegro Microsystems, Inc.)

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Designation of Subsidiaries. The Designate any Subsidiary as an Unrestricted Subsidiary or any Unrestricted Subsidiary as a Restricted Subsidiary, except that the U.S. Borrower may at any time designate any Restricted Subsidiary as an Unrestricted Subsidiary or designate (or re-designate, as the case may be) any Unrestricted Subsidiary as a Restricted Subsidiary; provided that:

Appears in 9 contracts

Samples: Credit and Guaranty Agreement (PVH Corp. /De/), Credit and Guaranty Agreement (PVH Corp. /De/), Counterpart Agreement (PVH Corp. /De/)

Designation of Subsidiaries. The Borrower Company may at designate or redesignate any time Unrestricted Subsidiary as a Restricted Subsidiary and may designate or redesignate any Restricted Subsidiary as an Unrestricted Subsidiary or designate (or re-designate, as the case may be) any Unrestricted Subsidiary as a Restricted Subsidiary; provided that:

Appears in 7 contracts

Samples: Note Purchase Agreement (Steris Corp), Guaranty Agreement (Universal Forest Products Inc), Guaranty Agreement (Universal Forest Products Inc)

Designation of Subsidiaries. The Borrower may at any time by written notice to the Administrative Agent (i) designate any Restricted Subsidiary as an Unrestricted Subsidiary or (ii) designate (or re-designate, as the case may be) any Unrestricted Subsidiary as a Restricted Subsidiary; provided that:that no Default or Event of Default shall have occurred and be continuing or would result therefrom.

Appears in 4 contracts

Samples: Credit Agreement (Micron Technology Inc), Term Loan Credit Agreement (Micron Technology Inc), Credit Agreement (Micron Technology Inc)

Designation of Subsidiaries. The Borrower may at any time designate any Restricted Subsidiary as an Unrestricted Subsidiary or designate (or re-designate, as the case may be) any Unrestricted Subsidiary as a Restricted Subsidiary; provided provided, that:

Appears in 4 contracts

Samples: Credit Agreement (Impax Laboratories Inc), Credit Agreement (Impax Laboratories Inc), Credit Agreement (Press Ganey Holdings, Inc.)

Designation of Subsidiaries. The board of directors of the Borrower may at any time designate any Restricted Subsidiary as an Unrestricted Subsidiary or designate (or re-designate, as the case may be) any Unrestricted Subsidiary as a Restricted SubsidiarySubsidiary (any such designation, a “Subsidiary Designation”); provided that:

Appears in 3 contracts

Samples: Credit Agreement (Radio One, Inc.), Credit Agreement (Radio One, Inc.), Credit Agreement (Radio One, Inc.)

Designation of Subsidiaries. The Borrower may at any time designate any Restricted Subsidiary as an Unrestricted Subsidiary or designate (or re-designate, as the case may be) any Unrestricted Subsidiary as a Restricted SubsidiarySubsidiary by delivering to the Administrative Agent a certificate of an Authorized Officer of the Borrower specifying such designation and certifying that the conditions to such designation set forth in this Section 5.15 are satisfied; provided that:

Appears in 3 contracts

Samples: Credit Agreement (Costar Group, Inc.), Credit Agreement (Costar Group, Inc.), Agreement (Costar Group Inc)

Designation of Subsidiaries. The board of directors of the Borrower may at any time designate any Restricted Unrestricted Subsidiary as an Unrestricted Subsidiary or designate (or re-designate, as the case may be) a Restricted Subsidiary. The designation of any Unrestricted Subsidiary as a Restricted Subsidiary; provided that:Subsidiary shall constitute the incurrence at the time of designation of any Indebtedness or Liens of such Subsidiary existing at such time.

Appears in 2 contracts

Samples: Credit Agreement (Eastman Kodak Co), Credit Agreement (Eastman Kodak Co)

Designation of Subsidiaries. The board of directors of the Administrative Borrower may at any time designate any Restricted Subsidiary as an Unrestricted Subsidiary or designate (or re-designate, as the case may be) any Unrestricted Subsidiary as a Restricted SubsidiarySubsidiary (any such designation, a “Subsidiary Designation”); provided provided, that:

Appears in 2 contracts

Samples: Credit Agreement (Urban One, Inc.), Credit Agreement (Urban One, Inc.)

Designation of Subsidiaries. The Borrower may at any time designate any Restricted Subsidiary as an Unrestricted Subsidiary or designate (or re-designate, as the case may be) any Unrestricted Subsidiary as a Restricted Subsidiary; provided that:

Appears in 2 contracts

Samples: Abl Revolving Credit Agreement (Petco Health & Wellness Company, Inc.), Abl Revolving Credit Agreement (Petco Health & Wellness Company, Inc.)

Designation of Subsidiaries. The Borrower may Solely in the Borrower’s discretion, at any time and from time to time, designate (or re-designate) any Restricted Subsidiary of the Borrower as an Unrestricted Subsidiary or designate (or re-designate, as the case may be) any Unrestricted Subsidiary as a Restricted Subsidiary; provided that:

Appears in 2 contracts

Samples: Credit and Guaranty Agreement (Milan Laser Inc.), Credit and Guaranty Agreement (Milan Laser Inc.)

Designation of Subsidiaries. The Borrower may at any time designate any Restricted Subsidiary as an Unrestricted Subsidiary or designate (or re-designate, as the case may be) any Unrestricted Subsidiary as a Restricted SubsidiarySubsidiary by delivering to the Administrative Agent a certificate of an Authorized Officer of the Borrower specifying such designation and certifying that the conditions to such designation set forth in this Section 5.15 are satisfied; provided that:: 122

Appears in 1 contract

Samples: Credit Agreement (Costar Group Inc)

Designation of Subsidiaries. The Borrower may at any time designate any Restricted Subsidiary as an Unrestricted Subsidiary or designate (or re-designate, as the case may be) any Unrestricted Subsidiary as a Restricted Subsidiary; provided that:that (a) immediately before and after such designation, no Event of Default shall have occurred and be continuing or would result from such designation,

Appears in 1 contract

Samples: And Restatement Agreement (Chemours Co)

Designation of Subsidiaries. (a) The Borrower may at any time designate any Restricted Subsidiary as to be an Unrestricted Subsidiary or designate (or and subsequently re-designate, as the case may be) designate any Unrestricted Subsidiary as a Restricted Subsidiary; provided that:Subsidiary if no Event of Default has occurred and is continuing or would result therefrom. The redesignation of any Unrestricted Subsidiary as a Restricted Subsidiary shall constitute the incurrence at the time of designation of Liens of such Subsidiary existing at such time.

Appears in 1 contract

Samples: Bridge Term Loan Credit Agreement (T-Mobile US, Inc.)

Designation of Subsidiaries. The U.S. Borrower may at any time designate any Restricted Subsidiary as an Unrestricted Subsidiary or designate (or re-designate, as the case may be) any Unrestricted Subsidiary as a Restricted Subsidiary; provided that:: (a) (a) immediately before and after such designation, no Event of Default shall have occurred and be continuing; (b) (b)

Appears in 1 contract

Samples: Version Fourth (White Mountains Insurance Group LTD)

Designation of Subsidiaries. The Borrower Borrowers may at any time designate any Restricted Subsidiary as an Unrestricted Subsidiary or designate (or re-designate, as the case may be) any Unrestricted Subsidiary as a Restricted Subsidiary; provided that:

Appears in 1 contract

Samples: Credit Agreement (Savers Value Village, Inc.)

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Designation of Subsidiaries. The Borrower may at any time designate any Restricted Subsidiary as an Unrestricted Subsidiary or designate (or re-designate, as the case may be) any Unrestricted Subsidiary as a Restricted Subsidiary; provided that:: 103 [[NYCORP:3713047v14:05/10/2018--10:17 PM]]

Appears in 1 contract

Samples: Execution Version Credit Agreement (White Mountains Insurance Group LTD)

Designation of Subsidiaries. The (a) Subject to Section 6.13(b), the Borrower may at any time designate any Restricted Subsidiary as an Unrestricted Subsidiary or designate (or re-designate, as the case may be) any Unrestricted Subsidiary as a Restricted Subsidiary; provided that:. The designation of any Unrestricted Subsidiary as a Restricted Subsidiary shall constitute the incurrence at the time of designation of any Indebtedness or Liens of such Subsidiary existing at such time.

Appears in 1 contract

Samples: Credit and Guarantee Agreement (Airbnb, Inc.)

Designation of Subsidiaries. The Borrower may at any time designate any Restricted Subsidiary as an Unrestricted Subsidiary or designate (or re-designate, as the case may be) any Unrestricted Subsidiary as a Restricted Subsidiary; provided that:,

Appears in 1 contract

Samples: First Lien Credit Agreement (Authentic Brands Group Inc.)

Designation of Subsidiaries. The board of directors of the Borrower may at any time designate any Restricted Subsidiary as an Unrestricted Subsidiary or designate (or re-designate, as the case may be) any Unrestricted Subsidiary as a Restricted SubsidiarySubsidiary (any such designation, a “Subsidiary Designation”); provided provided, that:

Appears in 1 contract

Samples: Credit Agreement (Radio One, Inc.)

Designation of Subsidiaries. The Borrower may at any time designate any Restricted Subsidiary of the Borrower as an Unrestricted Subsidiary or designate (or re-designate, as the case may be) any Unrestricted Subsidiary as a Restricted Subsidiary; provided that:

Appears in 1 contract

Samples: Intercreditor Agreement (Endurance International Group Holdings, Inc.)

Designation of Subsidiaries. The Borrower Representative may at any time designate any Restricted Subsidiary as an Unrestricted Subsidiary or designate (or re-designate, as the case may be) any Unrestricted Subsidiary as a Restricted Subsidiary; provided that:

Appears in 1 contract

Samples: Term Loan Credit Agreement (Domtar CORP)

Designation of Subsidiaries. The board of directors of the Borrower may at any time designate any Restricted Subsidiary as an Unrestricted Subsidiary or designate (or re-designate, as the case may be) any Unrestricted Subsidiary as a Restricted Subsidiary; Subsidiary (any such designation, a "Subsidiary Designation"); provided that:

Appears in 1 contract

Samples: Credit Agreement (Urban One, Inc.)

Designation of Subsidiaries. The Borrower may at any time designate any Restricted Subsidiary as an Unrestricted Subsidiary or designate (or re-designate, as the case may be) any Unrestricted Subsidiary as a Restricted SubsidiarySubsidiary by delivering to the Administrative Agent a certificate of a Responsible Officer of the Borrower specifying such designation and certifying that the conditions to such designation set forth in this Section 5.14 are satisfied; provided that:

Appears in 1 contract

Samples: Revolving Credit Agreement (Lyft, Inc.)

Designation of Subsidiaries. The Borrower may at any time designate any Restricted Subsidiary of the Borrower as an Unrestricted Subsidiary or designate (or re-designate, as the case may be) any Unrestricted Subsidiary as a Restricted Subsidiary; provided that:that immediately before and after such designation, no Event of Default shall have occurred and be continuing.

Appears in 1 contract

Samples: Credit Agreement (Tradeweb Markets Inc.)

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