Maintenance of Tax Status. Borrower shall take all action necessary to prevent Borrower, Intermediate Partnership or NBPC from being, and will take no action which would have the effect of causing any of Borrower, Intermediate Partnership or NBPC to be, treated as an association taxable as a corporation or otherwise to be taxed as an entity for federal income tax purposes.
Appears in 4 contracts
Samples: Revolving Credit Agreement (Northern Border Partners Lp), Revolving Credit Agreement (Northern Border Partners Lp), Credit Agreement (Northern Border Partners Lp)
Maintenance of Tax Status. The Borrower shall take all action necessary to prevent Borrower, the Borrower and Intermediate Partnership or NBPC from being, and will take no action which would have the effect of causing any either of Borrower, the Borrower or Intermediate Partnership or NBPC to be, treated as an association taxable as a corporation or otherwise to be taxed as an entity for federal income tax purposes.
Appears in 3 contracts
Samples: Revolving Credit Agreement (ONEOK Partners LP), Revolving Credit Agreement (Northern Border Partners Lp), Day Credit Agreement (Northern Border Partners Lp)
