Examples of El Paso Parties in a sentence
Any certificate signed by any officer of the El Paso Parties and delivered to the Representatives or counsel for the Underwriters in connection with the offering of the Units shall be deemed a representation and warranty by such entity, as to matters covered thereby, to each Underwriter.
Each of the El Paso Parties hereby waives any claims that any such entity may have against the Underwriters with respect to any breach of fiduciary duty in connection with this offering of Units.
The respective indemnities, representations, warranties and agreements of the El Paso Parties and the Underwriters contained in this Agreement or made by or on behalf of them, respectively, pursuant to this Agreement, shall survive the delivery of and payment for the Units and shall remain in full force and effect, regardless of any investigation made by or on behalf of any of them or any person controlling any of them.
Without limiting the foregoing, El Paso hereby expressly waives diligence, presentment, demand of payment, protest and all notices whatsoever, and any requirement that any Party hereto exhaust any right, power or remedy or proceed against any Relevant El Paso Party or any other Person under this Agreement or any other agreement or instrument referred to herein in respect of such obligations of the Relevant El Paso Parties whose obligations are guaranteed hereunder.
Nothing contained herein shall relieve a defaulting Underwriter of any liability it may have to the El Paso Parties for damages caused by its default.
This Agreement shall inure to the benefit of and be binding upon the Underwriters, the El Paso Parties and their respective successors.
Each of the El Paso Parties hereby waives and releases, to the fullest extent permitted by law, any claims that the El Paso Parties may have against the Underwriters with respect to any conflict of interest that may arise from the fact that the views expressed by their independent research analysts and research departments may be different from or inconsistent with the views or advice communicated to the El Paso Parties by such Underwriters’ investment banking divisions.
Each of the El Paso Parties acknowledges that each of the Underwriters is a full service securities firm and as such from time to time, subject to applicable securities laws, may effect transactions for its own account or the account of its customers and hold long or short positions in debt or equity securities of the Partnership or El Paso.
If the foregoing correctly sets forth the agreement between the El Paso Parties and the Underwriters, please indicate your acceptance in the space provided for that purpose below.
The statistical and market-related data included under the captions “Prospectus Summary,” “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and “Business” in the most recent Preliminary Prospectus are based on or derived from sources that the El Paso Parties believe to be reliable and accurate in all material respects.