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.
Appears in 5 contracts
Samples: Term Loan Credit Agreement (GFL Environmental Inc.), Credit Agreement (GFL Environmental Inc.), Assignment and Assumption (GFL Environmental Holdings Inc.)
Treatment of Subsidiaries Prior to Joinder. Each Subsidiary of the Borrower Holdings that is required to be joined as a Loan Party pursuant to Section 6.12 6.9 shall, until the completion of such joinder, be deemed for the purposes of Article VII Section 7 of this Agreement to be a Loan Party from and after the Closing Date (or the date of formation or acquisition of such subsidiary).
Appears in 4 contracts
Samples: Lien Credit Agreement (Powerschool Holdings, Inc.), Credit Agreement (Powerschool Holdings, Inc.), Credit Agreement (Powerschool Holdings, Inc.)
Treatment of Subsidiaries Prior to Joinder. Each Subsidiary of the Borrower Holdings 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 Closing Date (or the date of formation or acquisition of such subsidiary).
Appears in 1 contract
Samples: First Lien Credit Agreement (Pivotal Acquisition Corp)
