Designated Subsidiaries. The Company may from time to time designate one or more of its Subsidiaries to have the right to borrow both Committed Loans and Competitive Loans by sending to the Administrative Agent a Notice of Designation of a Designated Subsidiary and otherwise complying with Section 6.
Appears in 3 contracts
Sources: Credit Agreement (Eex Corp), Credit Agreement (Enserch Exploration Inc /Tx/), Credit Agreement (Enserch Exploration Inc)