Examples of Pipeline Holdco in a sentence
Permit, prior to the Pipeline Holdco Release Date, Pipeline Holdco to create, incur, assume or suffer to exist any Debt, except (A) Debt in an aggregate amount not to exceed $75,000,000 at any time outstanding, (B) Debt owed to TWC or any of its Subsidiaries if all such Debt is evidenced by a promissory note that is delivered to the Agent and in which an Acceptable Security Interest exists and (C) the Pipeline Holdco Guaranty.
Termination of Security Documents and Pipeline Holdco Guaranty 67 SECTION 8.16.
At any time prior to the Pipeline Holdco Release Date, and from time to time, at its expense, execute and deliver to, and cause Pipeline Holdco and each other relevant Credit Party to execute and deliver to, the Agent such further instruments and documents, and take such further action, as the Majority Banks may from time to time reasonably request, for the purposes of implementing or effectuating the provisions of this Agreement and the other Credit Documents.
Permit, prior to the Collateral Release Date, Pipeline Holdco to create, incur, assume or suffer to exist any Debt, except (A) Debt in an aggregate amount not to exceed $150,000,000 at any time outstanding, (B) Debt owed to TWC or any of its Subsidiaries if all such Debt is evidenced by a promissory note that is delivered to the Collateral Agent and in which an Acceptable Security Interest exists and (C) the Pipeline Holdco Guaranty.
TWC hereby requests, on behalf of the Borrowers, Pipeline Holdco and the Western Midstream Subsidiaries (as defined in the 2004 Credit Agreement), that the Collateral Agent execute and deliver to TWC or one or more of its Subsidiaries the terminations and releases referred to on Schedule V, substantially simultaneously with the delivery to the Collateral Agent of the Pledge and the stock of TGPL covered thereby on the date hereof, and the Collateral Agent agrees to do so.
Termination of Security Documents and Pipeline Holdco Guaranty.......................72 SECTION 8.16.
In the case of TWC, permit any MLP Entity to own any direct or indirect interest in any Equity Interest in, or Hybrid Security issued by, Pipeline Holdco.
Upon the earlier of (i) the Pipeline Holdco Release Date and (ii) the indefeasible payment in full and termination of the Guaranteed Obligations and the termination of all Letters of Credit and all Commitments, this Guaranty and each guaranty granted hereby shall terminate.
Termination of Security Documents and Pipeline Holdco Guaranty 72 SECTION 8.16.
Unless the Collateral Release Date has occurred, Pipeline Holdco is the legal and beneficial owner of all Collateral free and clear of any Lien other than Collateral Permitted Liens.