Common use of Wholly-Owned Status Clause in Contracts

Wholly-Owned Status. The Borrower will ensure that the Restricted Subsidiaries will be direct or indirect wholly-owned Subsidiaries of the Borrower.

Appears in 3 contracts

Samples: Term Credit Agreement (ENERPLUS Corp), Credit Agreement (ENERPLUS Corp), Credit Agreement (ENERPLUS Corp)

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Wholly-Owned Status. The Borrower will ensure that and the Restricted Subsidiaries will be direct or indirect wholly-owned Subsidiaries of the BorrowerTrust.

Appears in 2 contracts

Samples: Credit Agreement (Penn West Energy Trust), Credit Agreement (Penn West Energy Trust)

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