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
Samples: Seller Credit Agreement (Petersen Energia Inversora, S.A.), Seller Credit Agreement (Repsol Ypf Sa), 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 thereon, Loans in an aggregate amount equal to 100% of the Net Cash Available Proceeds of such Debt Incurrence.
Appears in 1 contract
Samples: Credit Agreement (Verio Inc)
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
Samples: Credit Agreement (Petersen Energia Inversora, S.A.)
