Material Personal Property. All pipelines, xxxxx, gas processing plants, platforms and other material improvements, fixtures and equipment owned in whole or in part by the Borrower or any other Restricted Subsidiary that are necessary to conduct normal operations are being maintained in a state adequate to conduct normal operations, and with respect to such of the foregoing which are operated by the Borrower or any other Restricted Subsidiary in a manner consistent with the Borrower’s or such other Restricted Subsidiary’s past practices (other than those the failure of which to maintain in accordance with this Section 7.14 could not reasonably be expect to have a Material Adverse Effect).
Appears in 3 contracts
Samples: Credit Agreement (Black Stone Minerals, L.P.), Credit Agreement (Black Stone Minerals, L.P.), Credit Agreement (Black Stone Minerals, L.P.)
Material Personal Property. All pipelines, xxxxx, gas processing plants, platforms and other material improvements, fixtures and equipment owned in whole or in part by the Borrower or any other of its Restricted Subsidiary Subsidiaries that are necessary to conduct normal operations are being maintained in a state adequate to conduct normal operations, and with respect to such of the foregoing which are operated by the Borrower or any other of its Restricted Subsidiary Subsidiaries in a manner consistent with the Borrower’s or such other its Restricted Subsidiary’s Subsidiaries’ past practices (other than those the failure of which to maintain in accordance with this Section 7.14 could not reasonably be expect to have a Material Adverse Effect).
Appears in 2 contracts
Samples: Credit Agreement, Credit Agreement (Black Stone Minerals, L.P.)
Material Personal Property. All pipelines, xxxxx, gas processing plants, platforms and other material improvements, fixtures and equipment owned in whole or in part by the Borrower each Obligor or any other Restricted Subsidiary of its Subsidiaries that are necessary to conduct normal operations are being maintained in a state adequate to conduct normal operations, and with respect to such of the foregoing which are operated by the Borrower each Obligor or any other Restricted Subsidiary of its Subsidiaries, in a manner consistent with the Borrower’s each Obligor's or such other Restricted Subsidiary’s its Subsidiaries' past practices (other than those the failure of which to maintain in accordance with this Section 7.14 7.25 could not reasonably be expect to have a Material Adverse Effect).
Appears in 1 contract
Samples: Credit Agreement (Eex Corp)