Treatment of Subsidiaries Prior to Joinder. Each Subsidiary of Holdings that is required to be joined as a Credit Party pursuant to Section 9.12 shall, from the time of the requirement that such Subsidiary be joined as a Credit Party pursuant to Section 9.12 until the completion of such joinder, be deemed for the purposes of Section 10 of this Agreement to be a Credit Party from and after the date of formation or acquisition of such Subsidiary; provided that this Section 1.07 shall only apply to the extent such Subsidiary is actually subsequently joined as a Credit Party pursuant to Section 9.12.
Treatment of Subsidiaries Prior to Joinder. Each Subsidiary of the Borrower that is required to be joined as a Loan Party pursuant to Section 6.12 shall, until the completion of such joinder, be deemed for the purposes of Article VII of this Agreement to be a Loan Party from and after the date of formation or acquisition of such subsidiary.
Treatment of Subsidiaries Prior to Joinder. Each Subsidiary of the Canadian Borrower that is required to be joined as an Obligor pursuant to Section 14.1.10 or which the Canadian Borrower has designated, in accordance with Section 14.1.5, as a Restricted Subsidiary which it is electing to join and shall be joined as an Obligor within 60 days (or earlier) of such election shall, until the completion of such joinder, be deemed for the purposes of Section 14.3 of this Agreement to be an Obligor from and after the later of the date of formation or acquisition of such Subsidiary (or such election).
Treatment of Subsidiaries Prior to Joinder. Each Subsidiary that is required to be joined as a Loan Party pursuant to Section 6.12 shall, until the completion of such joinder, be deemed for the purposes of this Agreement to be a Loan Party from and after the date of formation or acquisition of such Subsidiary; provided that if such Subsidiary fails to be joined as a Loan Party as required pursuant to Section 6.12 by the applicable deadline set forth therein (including any extensions thereto), then, as of the first date after such deadline has expired, any transaction consummated by such Subsidiary from the date of the acquisition or formation, as applicable, shall automatically and immediately be reclassified as having been consummated by or with, as applicable, a Subsidiary that is not a Loan Party (unless and until such Subsidiary becomes a Loan Party).
