Basic Document. The Holding Trust Certificateholder shall not instruct the Owner Trustee in a manner inconsistent with this Agreement or the Basic Documents.
Basic Document. This Security Agreement is a Basic Document executed pursuant to the Credit Agreement and shall (unless otherwise expressly indicated herein) be construed, administered and applied in accordance with the terms and provisions thereof, including Article XI thereof.
Basic Document. This Agreement is a Basic Document executed pursuant to the Credit Agreement and shall (unless otherwise expressly indicated herein) be construed, administered and applied in accordance with the terms and provisions thereof, including Article XI thereof.
Basic Document. This Agreement is a Basic Document executed pursuant to the Credit Agreement.
Basic Document. This Agreement is a "Basic Document" as defined and described in the Indenture, and all of the terms and provisions of the Indenture relating to Basic Documents shall apply hereto.
Basic Document. (a) To the knowledge of each Seller, the Gas Contracts and the material contracts and agreements comprising a part of the Assets (other than the oil, gas and/or mineral leases that comprise a part of the Oil and Gas Assets)(such Gas Contracts and such material contracts and agreements being herein called the "Basic Documents"), are in full force and effect and constitute valid and binding obligations of the parties thereto, subject, however, to the effect of bankruptcy, insolvency, reorganization, moratorium and similar laws from time to time in effect relating to the rights and remedies of creditors, as well as to general principles of equity (regardless of whether such enforceability is considered in a proceeding in equity or at law); all contracts and agreements which are Basic Documents are disclosed on Exhibit A or 4.9 and Seller has not transferred, assigned, conveyed or encumbered its interest therein.
(b) No Seller is in breach or default of its obligations under the Basic Documents, and to each Seller's knowledge no breach or default by any third party exists, in either case to the extent such breach or default, whether by a Seller or a third party, could materially and adversely affect, after the Effective Date, the ownership, operation, value or use of any Asset by the Purchaser.
(c) Seller have, pursuant to the terms of the Basic Documents, the oil, gas and/or mineral leases that comprise a part of the Oil and Gas Assets all rights material to the ownership or operation of the Assets in the manner in which the same are presently being owned or operated.
Basic Document. (a) To the knowledge of each Seller, the assumed contracts listed on Exhibit 1.1(j), and the material contracts and agreements comprising a part of the Assets other than any agreements pursuant to which any Seller derives its rights with respect to any real property comprising a part of the Pipeline Assets (such assumed contracts listed on Exhibit 1.1(j), and such material contracts and agreements being herein called the "Basic Documents"), are in full force and effect and constitute valid and binding obligations of the parties thereto, subject, however, to the effect of bankruptcy, insolvency, reorganization, moratorium and similar laws from time to time in effect relating to the rights and remedies of creditors, as well as to general principles of equity (regardless of whether such enforceability is considered in a proceeding in equity or at law); all contracts and agreements which are Basic Documents are disclosed on Exhibit A or 3.9 and Seller has not transferred, assigned, conveyed or encumbered its interest therein.
(b) No Seller is in breach or default of its obligations under the Basic Documents, and to each Seller's knowledge no breach or default by any third party exists, in either case to the extent such breach or default, whether by a Seller or a third party, could materially and adversely affect, after the Effective Date, the ownership, operation, value or use of any Asset by the Purchaser.
(c) Seller has, pursuant to the terms of the Basic Documents, and any agreements pursuant to which any Seller derives its rights with respect to any real property comprising a part of the Pipeline Assets, all rights material to the ownership or operation of the Assets in the manner in which the same are presently being owned or operated.
(d) The rights of Seller in and to the easements, rights-of-way and similar interests comprising a part of the Pipeline Assets are assignable to Purchaser upon the consummation of the transactions contemplated hereunder free of any prohibitions on transfer or required consents to assignment that are not reasonably capable of being obtained by a Seller (without the payment of any funds or other compensation in connection therewith).
Basic Document. This Amendment is a Basic Document, and all provisions in the Credit Agreement pertaining to Basic Documents apply hereto and thereto.
Basic Document. This Guarantee is a Basic Document executed pursuant to the Credit Agreement and shall (unless otherwise expressly indicated herein) be construed, administered and applied in accordance with the terms and provisions thereof, including Article XI thereof.
Basic Document. The Owner Trustee nevertheless agrees that it will, at its own cost and expense, promptly take all action as may be necessary to discharge any liens on any part of the Owner Trust Estate that result from actions by, or claims against, the Owner Trustee that are not related to the ownership or the administration of the Owner Trust Estate.
