Capitalisation. Each Obligor shall ensure that, at all times after the Initial Utilisation Date or, if later, the date it becomes a Party, it has sufficient equity to be and remain in compliance with all thin capitalisation rules applicable to it.
Appears in 2 contracts
Sources: Amendment and Restatement Agreement (Cascal N.V.), Amendment and Restatement Agreement (Cascal N.V.)
Capitalisation. Each Obligor (other than the Parent) shall ensure that, at all times after the Initial Utilisation Date or, if later, the date it becomes a Party, it has sufficient equity to be and remain in compliance with all thin capitalisation rules applicable to it.
Appears in 1 contract
Sources: Facility Agreement (Cascal B.V.)