Concurrent Termination. As a result of and concurrently with the termination of the Subsidiary Guaranty, any guarantee by Pioneer Natural Resources USA, Inc. of any other Indebtedness included in the definition of Total Adjusted Debt, except for Indebtedness of a Restricted Subsidiary permitted by Section 6.01(b), shall be automatically terminated.
Appears in 2 contracts
Sources: 5 Year Revolving Credit Agreement (Pioneer Natural Resources Co), 5 Year Revolving Credit Agreement (Pioneer Natural Resources Co)