Common use of Designation of Unrestricted Subsidiaries Clause in Contracts

Designation of Unrestricted Subsidiaries. The Borrower will not cause or permit any Subsidiary that is a Restricted Subsidiary on the date of this Agreement to be designated as or otherwise become an Unrestricted Subsidiary.

Appears in 3 contracts

Samples: Credit Agreement (United States Steel Corp), Credit Agreement (United States Steel Corp), Credit Agreement (United States Steel Corp)

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Designation of Unrestricted Subsidiaries. The Borrower will not cause or permit designate any Subsidiary that is (other than a Restricted newly created Subsidiary on the date of this Agreement to be designated in which no investment has previously been made) as or otherwise become an "Unrestricted Subsidiary." under this agreement (a "Designation") unless:

Appears in 3 contracts

Samples: Credit Agreement (Allied Waste Industries Inc), Credit Agreement (Allied Waste Industries Inc), Credit Agreement (Allied Waste Industries Inc)

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Designation of Unrestricted Subsidiaries. The Borrower will not cause or permit any Subsidiary that is a Restricted Subsidiary on the date of this Agreement (other than the Sartid Acquisition Sub) to be designated as or otherwise become an Unrestricted Subsidiary.

Appears in 1 contract

Samples: Credit Agreement (United States Steel Corp)

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