Common use of Right of Designation Clause in Contracts

Right of Designation. Each Subsidiary acquired after the Effective Date that, as of the date of such acquisition or at any future date, meets all of the requirements of a Restricted Subsidiary, as set forth in the definition thereof, shall be deemed, on and after such date and without any further action by the Company or any holder of Notes, to have been designated by the Company as a Restricted Subsidiary. Each Subsidiary designated as a Restricted Subsidiary in Schedule 3.1 to the Waiver and Second Amendment and each other Restricted Subsidiary shall, so long as it shall continue to satisfy the requirements of the definition of Restricted Subsidiary, be a Restricted Subsidiary on and after the Effective Date and all other Subsidiaries, if any, listed in such Schedule 3.1 shall, subject to Section 8.9(b) hereof, be Unrestricted Subsidiaries on and after the Effective Date.

Right of Designation. Each Subsidiary acquired after the Effective Date that, as of the date of such acquisition or at any future date, meets all of the requirements of a Restricted Subsidiary, as set forth in the definition thereof, shall be deemed, on and after such date and without any further action by the Company or any holder of Notes, to have been designated by the Company as a Restricted Subsidiary. Each Subsidiary designated as a Restricted Subsidiary in Schedule 3.1 to the Waiver and Second Third Amendment and each other Restricted Subsidiary shall, so long as it shall continue to satisfy the requirements of the definition of Restricted Subsidiary, be a Restricted Subsidiary on and after the Effective Date and all other Subsidiaries, if any, listed in such Schedule 3.1 shall, subject to Section 8.9(b) hereof, be Unrestricted Subsidiaries on and after the Effective Date.