Ownership of the Company and Restricted Subsidiaries. The Company will ensure that at all times the Company and each Restricted Subsidiary, or their respective successors as permitted by Section 10.2, are directly or indirectly wholly-owned Subsidiaries of the Trust, or are Joint Venture Development Entities.”
Appears in 5 contracts
Samples: Note Purchase Agreement (Penn West Energy Trust), Note Purchase Agreement (Penn West Energy Trust), Note Purchase Agreement (Penn West Energy Trust)
Ownership of the Company and Restricted Subsidiaries. The Company will ensure that at all times the Company and each Restricted Subsidiary, or their respective successors as permitted by Section 10.2, are directly or indirectly wholly-owned Subsidiaries of the TrustCompany, or are Joint Venture Development Entities.”
Appears in 4 contracts
Samples: Note Purchase Agreement (Obsidian Energy Ltd.), Note Purchase Agreement (Obsidian Energy Ltd.), Note Purchase Agreement (Obsidian Energy Ltd.)
Ownership of the Company and Restricted Subsidiaries. The Company will ensure that at all times the Company and each Restricted Subsidiary, or their respective successors as permitted by Section 10.2, are directly or indirectly wholly-owned Subsidiaries of the Trust, or are Joint Venture Development Entities.”
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