Common use of Finance Corp Clause in Contracts

Finance Corp. may not incur Indebtedness unless (1) the Partnership is an issuer, a co-issuer or guarantor of (or other obligor on) such Indebtedness or (2) the net proceeds of such Indebtedness are loaned to the Partnership or its other Restricted Subsidiaries, used to acquire outstanding debt securities issued by the Partnership or its other Restricted Subsidiaries or used to repay Indebtedness of the Partnership or its other Restricted Subsidiaries as permitted under Section 4.09 hereof. Finance Corp. may not engage in any business not related directly or indirectly to obtaining money or arranging financing for the Partnership or its Restricted Subsidiaries.

Appears in 2 contracts

Sources: Indenture (Memorial Production Partners LP), Indenture (Memorial Production Partners LP)