Certain Equity Interests. (a) In the case of Holdings, issue any Equity Interest to any person other than Pacific Energy. (b) In the case of the Borrower, issue any Equity Interests to any person other than Holdings. (c) In the case of any Subsidiary, issue any Equity Interests to any person other than the Borrower or another Subsidiary.
Appears in 1 contract
Sources: Second Lien Credit Agreement (Pacific Energy Resources LTD)
Certain Equity Interests. (a) In the case of Holdings, issue any Equity Interest to any person other than Pacific Energy.
(b) In the case of the Borrower, issue any Equity Interests to any person other than Holdings.
(c) In the case of any Subsidiary, issue any Equity Interests to any person other than the Borrower or another Subsidiary.
Appears in 1 contract
Sources: First Lien Credit Agreement (Pacific Energy Resources LTD)