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Common use of Redesignation Clause in Contracts

Redesignation. The Borrower shall notify the Administrative Agent of any Mortgaged Property that is, or becomes, a Flood Hazard Property.

Appears in 3 contracts

Sources: Senior Secured Credit Agreement (Monitronics International Inc), Loan Agreement (Monitronics International Inc), Credit Agreement (Ascent Capital Group, Inc.)

Related Clauses

  • Designation of Unrestricted Subsidiaries
  • Designation
  • Designation of Subsidiaries
  • Designation of Additional Accounts
  • Designation of Restricted and Unrestricted Subsidiaries

Parent Clauses

  • Maintenance of Insurance
  • AFFIRMATIVE COVENANTS
  • EMPLOYMENT
  • Miscellaneous
  • Entire Agreement

Sub-Clauses

  • Miscellaneous
  • Representations and Warranties
  • Further Assurances
  • Withholding Tax
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