Subsidiary Designation. (a) Unless designated as an Unrestricted Subsidiary in accordance with Section 5.14(b), any Person that becomes a Subsidiary of the Borrower or any of its Restricted Subsidiaries shall be classified as a Restricted Subsidiary.
Subsidiary Designation. The Borrower agrees that each Restricted Subsidiary on the Closing Date will remain a Restricted Subsidiary until the Obligations have been repaid in full and the Commitment has been terminated.
Subsidiary Designation. 63 6.14. Subsidiary Creation or Acquisition.........................................63 6.15. Year 2000 Compliance.......................................................63 6.16. Post Closing UCC Searches..................................................63 6.17. Post Closing Acquisition of Assets, Properties and Contractual Arrangements.............................................................63 6.18. Post Closing Grant of Liens................................................64
Subsidiary Designation. Promptly (and in any event within ---------------------- five Business Days) after the designation by the Board of Directors of any Subsidiary as an Unrestricted Subsidiary, or any redesignation by the Board of Directors of a Restricted Subsidiary as an Unrestricted Subsidiary or of an Unrestricted Subsidiary as a Restricted Subsidiary, notice thereof accompanied by an Officers' Certificate stating that such designation or redesignation has been made in compliance with the definition of "Restricted Subsidiary" or "Unrestricted Subsidiary", whichever shall be applicable, set forth in Section 1.01, and, in the case of any designation or redesignation of a Subsidiary as an Unrestricted Subsidiary, setting forth the name of each other Subsidiary which has become an Unrestricted Subsidiary as a result thereof;
Subsidiary Designation. 43 6.13. Accounts.....................................................43
Subsidiary Designation. The Borrower agrees that each Subsidiary on the Closing Date will remain a Subsidiary until the Obligations have been repaid in full and the Commitment has been terminated, except as permitted in Article VIII hereof.
Subsidiary Designation. 55 6.13. Year 2000 Compliance..................................................................... 55 6.14. Eurocurrency Conversion to the Euro...................................................... 55 ARTICLE VII. INFORMATION COVENANTS
Subsidiary Designation. Promptly (and in any event within five ---------------------- Business Days) after the designation by the Board of Directors of any Subsidiary as
Subsidiary Designation. 53 6.14. Subsidiary Creation or Acquisition ............................ 53
Subsidiary Designation. The Borrower agrees that a Subsidiary will be a Restricted Subsidiary if such Subsidiary, together with its Subsidiaries, (i) for the most recent fiscal year of the Parent, accounted for more than 10% of the consolidated revenues of the Parent and its Restricted Subsidiaries or (ii) as of the end of such fiscal year, was the owner of more than 10% of the consolidated assets of the Parent and its Restricted Subsidiaries, all as set forth on the most recently available consolidated financial statements of the Parent for such fiscal year.
