New Subsidiary Guarantors. If, at any time after the date of this Agreement, there exists any subsidiary of a Loan Party (other than BEP I and the Unrestricted Entities) that is not a Guarantor hereunder, or if BEP I or any Unrestricted Entity becomes a Wholly Owned Subsidiary of a Loan Party, then such Loan Party shall cause BEP I or each such Subsidiary, as applicable, to execute and deliver to the Administrative Agent a Guaranty or supplement to existing Guaranty, and a Security Agreement or supplement to existing Security Agreement, and other documents and opinions as required pursuant to Sections 4.02 and 4.05.
Appears in 2 contracts
Samples: Credit Agreement (BreitBurn Energy Partners L.P.), Credit Agreement (BreitBurn Energy Partners L.P.)
New Subsidiary Guarantors. If, at any time after the date of this Agreement, there exists any subsidiary of a Loan Party (other than BEP I and the Unrestricted Entities) that is not a Guarantor hereunder, or if BEP I or any Unrestricted Entity becomes a Wholly Owned Subsidiary of a Loan Party, then such Loan Party shall cause BEP I or each such Subsidiary, as applicable, to execute and deliver to the Administrative Agent a Guaranty or supplement to existing Guaranty, and a Security Agreement or supplement to existing Security Agreement, and other documents and opinions as required pursuant to Sections 4.02 and 4.05.
Appears in 2 contracts
Samples: Credit Agreement, Credit Agreement (Breitburn Energy Partners LP)
