Investors’ Reliance. Finance LLC acknowledges that Buyer and its assigns (including the Investors) are entering into the transactions contemplated by this Agreement and the other Transaction Documents in reliance upon Finance LLC’s identity as a legal entity that is separate from Originator or any Affiliate thereof (each, an “El Paso Entity”). Therefore, from and after the date of execution and delivery of this Agreement, Finance LLC shall take all reasonable steps, including all steps that Buyer (or its assigns) may from time to time reasonably request, to maintain Finance LLC’s identity as a separate legal entity and to make it manifest to third parties that Finance LLC is an entity with assets and liabilities distinct from those of any El Paso Entity thereof and not just a division of a El Paso Entity. Without limiting the generality of the foregoing and in addition to the other covenants set forth herein,
Appears in 4 contracts
Samples: Receivables Sale Agreement (Southern Natural Gas Co), Receivables Sale Agreement (Colorado Interstate Gas Co), Receivables Sale Agreement (Tennessee Gas Pipeline Co)