Pipeline Subsidiaries definition

Pipeline Subsidiaries means each of Kenai Pipeline Company, Tesoro Alaska Pipeline Company, Tesoro High Plains Pipeline Company, and each other Person (i) that does not own Collateral or Property required to be Collateral hereunder, and (ii) substantially all of the assets of which consist of one or more pipelines comparable to the ones owned by Kenai Pipe Line Company, Tesoro Alaska Pipeline Company, and Tesoro High Plains Pipeline Company, in each case together with their respective permitted successors and assigns, including, without limitation, debtors in possession on their behalf.
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Pipeline Subsidiaries means each of AHD GP, AHD, APL GP, APL and their respective Subsidiaries.
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Examples of Pipeline Subsidiaries in a sentence

  • Notwithstanding the foregoing or anything to the contrary contained in any Loan Document, neither the Borrower nor any Subsidiary shall pledge, encumber or otherwise ▇▇▇▇▇ ▇ ▇▇▇▇ to any Person upon any equity interest held by the Borrower or such Subsidiary in any other Subsidiary or an Affiliate of the Borrower or such Subsidiary, except for equity interests in the Pipeline Subsidiaries granted by the Borrower to the Multiparty Collateral Agent in order to secure Other Senior Secured Debt.

  • Pipeline Subsidiaries.........................................................

  • All Collateral consisting of Capital Stock of Pipeline Subsidiaries will be represented by certificated securities and each Grantor shall deliver all promissory notes and other instruments evidencing or representing any Collateral to the Collateral Agent for the benefit of the Secured Parties as security for all of the Secured Obligations, accompanied by duly executed instruments of transfer or assignment in blank.