Common use of Designation of Restricted Subsidiaries Clause in Contracts

Designation of Restricted Subsidiaries. The Issuer's Board of Directors has designated the Subsidiaries listed in the resolutions attached hereto as Exhibit A to be "Restricted Subsidiaries" under the Indenture. The Issuer hereby delivers to the Trustee the certified resolutions of the Board of Directors giving effect to such designations, which are attached hereto as Exhibit A.

Appears in 3 contracts

Sources: First Supplemental Indenture (Ocean Energy Inc /Tx/), First Supplemental Indenture (Ocean Energy Inc /Tx/), First Supplemental Indenture (Ocean Energy Inc /Tx/)