Debt Incurrence. Upon any Debt Incurrence (excluding any Indebtedness incurred pursuant to a Permitted Refinancing), the Borrower shall prepay the Loan and pay accrued interest thereon, in an aggregate amount equal to 100% of the Net Cash Proceeds of such Debt Incurrence.
Appears in 4 contracts
Sources: Seller Credit Agreement (Repsol Ypf Sa), Seller Credit Agreement (Petersen Energia Inversora, S.A.), Seller Credit Agreement (Petersen Energia, S.A.)
Debt Incurrence. Upon any Debt Incurrence (excluding any Indebtedness incurred pursuant to a Permitted Refinancing)Incurrence, the Borrower shall prepay the Loan and pay accrued interest thereonLoans, in an aggregate amount equal to 100% of the Net Cash Available Proceeds of such Debt Incurrencethereof.
Appears in 1 contract
Debt Incurrence. Upon any Debt Incurrence (excluding any Indebtedness incurred pursuant to a Permitted Refinancing)Incurrence, the Borrower shall prepay the Loan Loans and pay accrued interest thereon, thereon in an aggregate amount equal to 100% of the Net Cash Proceeds of such Debt Incurrence.
Appears in 1 contract
Sources: Credit Agreement (Petersen Energia Inversora, S.A.)
Debt Incurrence. Upon any Debt Incurrence (excluding any Indebtedness incurred pursuant to a Permitted Refinancing)Incurrence, the Borrower shall prepay the Loan and pay accrued interest thereon, Loans in an aggregate amount equal to 100% of the Net Cash Available Proceeds of such Debt Incurrence.
Appears in 1 contract
Sources: Credit Agreement (Verio Inc)