Holding. Once Holding is formed, cause (i) Holding to execute and deliver a guaranty (in form and substance reasonably satisfactory to the Administrative Agent) (the "Holding Guarantee") in favor of the Administrative Agent, for the ratable benefit of the Lenders, guaranteeing the prompt and complete payment by each Borrower when due (whether at the stated maturity, by acceleration or otherwise) of the Obligations owing by such Borrower and (ii) the delivery to the Administrative Agent of legal opinions from the General Counsel or the Associate
Appears in 7 contracts
Samples: Agreement (El Paso Natural Gas Co), Agreement (El Paso Energy Corp/De), Agreement (El Paso Tennessee Pipeline Co)
