Common use of Ensure that Clause in Contracts

Ensure that. (a) the Borrower is wholly-owned directly or indirectly by the Guarantor; and (b) the MLP General Partner is wholly-owned directly or indirectly by the Sponsor; and (c) the MLP General Partner is the general partner of the Guarantor; and (d) the Sponsor owns not less than one-third of the share capital and voting rights (subject to the limitations on voting rights relating to election of board members, amendments and certain other matters as set out in the Limited Partnership Agreement) of the Guarantor; and (e) no person or group of persons acting in concert (other than the Sponsor or any wholly-owned subsidiaries thereof) owns more than 33% of the share capital or voting rights (subject to the limitations on voting rights relating to election of board members, amendments and certain other matters as set out in the Limited Partnership Agreement) of the Guarantor; and (f) the Guarantor is and remains listed on the New York Stock Exchange, except as agreed in writing by the Security Trustee (acting on the instructions of the Lenders).