DEBT REALIGNMENT. Each of Tenneco and Acquiror shall use its reasonable best efforts so that, immediately prior to the Spinoffs, the Debt Realignment has been effected (with only such modifications as are not adverse, except to a de minimis extent, to Acquiror, the Energy Business, the Industrial Subsidiary or the Shipbuilding Subsidiary).
Appears in 3 contracts
Sources: Agreement and Plan of Merger (El Paso Natural Gas Co), Agreement and Plan of Merger (El Paso Tennessee Pipeline Co), Agreement and Plan of Merger (Newport News Shipbuilding Inc)