Amendment to Section 9.20 Sample Clauses

Amendment to Section 9.20. Section 9.20 is hereby amended and restated in its entirety to read as follows:
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Amendment to Section 9.20. Section 9.20 of the Credit Agreement is hereby deleted in its entirety and replaced with the following:
Amendment to Section 9.20. Section 9.20 of the Credit Agreement is hereby amended and restated in its entirety to read in full as follows:
Amendment to Section 9.20. Section 9.20 is hereby amended and restated in its entirety to read as follows: The Parent covenants and agrees with the Administrative Agent and the Lenders that the Parent shall not engage any operating or business activities other than (a) ownership of the Equity Interests in the Borrower, (b) activities incidental to maintenance of its and its Subsidiaries’ corporate existence and the management of the businesses of the Borrower and its Subsidiaries (including the maintenance of the Parent’s existence as a master limited partnership), (c) any public offering of its Equity Interests or any other issuance or sale of its Equity Interests and, in each case, the redemption thereof to the extent permitted hereunder, (d) the performance of its obligations with respect to the Loan Documents and the issuance and performance of any Senior Notes permitted hereunder, (e) payment of taxes and dividends and making contributions to the capital of its direct and indirect Subsidiaries to the extent permitted hereunder, (f) participating in tax, accounting and other administrative matters as a member of the consolidated group of the Parent and its Subsidiaries and the making and filing of any reports required by any Governmental Authority, (g) providing indemnification to officers, managers and directors, (h) the acquisition of Equity Interests of a DevCo to the extent permitted by Section 9.15 and (i) any other activities incidental or reasonably related to the foregoing. For the avoidance of doubt, the Parent shall not (i) incur, create, assume or suffer to exist any Debt or other material liabilities or material financial obligations, except (A) nonconsensual obligations imposed by operation of law, (B) pursuant to any Loan Documents or Senior Notes permitted hereunder, (C) obligations with respect to its Equity Interests and (D) any liabilities or financial obligations (other than Debt) permitted to be incurred, created, assumed or in existence pursuant to the other clauses of this Section 9.20, (ii) incur or suffer to exist any Liens on its Properties (now owned or hereafter acquired), except for (A) Excepted Liens and (B) Liens securing the Indebtedness or (iii) own Equity Interests in any Person other than the Borrower and any DevCo to the extent permitted by Section 9.15.

Related to Amendment to Section 9.20

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