Limitations on Designation of Excluded Subsidiaries. (a) The Borrower may, on or after the Closing Date, designate any Subsidiary of the Borrower as an “Excluded Subsidiary” under this Agreement (an “Excluded Subsidiary Designation”) only if:
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Samples: Credit Agreement (Pennant Group, Inc.), Credit Agreement (Ensign Group, Inc), Credit Agreement (Pennant Group, Inc.)
Limitations on Designation of Excluded Subsidiaries. (a) The Borrower may, on or after the Closing Amendment and Restatement Effective Date, designate any Subsidiary of the Borrower as an “Excluded Subsidiary” under this Agreement (an “Excluded Subsidiary Designation”) only if:
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