Addition of Borrowers. Subject to the terms and conditions hereof, from time to time, one or more Domestic Subsidiaries which is a Wholly Owned Subsidiary may become a Borrower under this Agreement upon (i) delivery of a completed Borrower Supplement to the Administrative Agent, (ii) satisfaction of the conditions precedent specified in the Borrower Supplement, (iii) compliance with the requirements specified in Section 7.9(b) herein to the extent such Subsidiary had not so complied prior to such time, and (iv) delivery to the Administrative Agent of legal opinions in form and substance, and from counsel, reasonably satisfactory to the Administrative Agent.
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Sources: Secured Revolving Credit Agreement (Monster Worldwide Inc), Secured Revolving Credit Agreement (Monster Worldwide Inc)