Common use of Parent Credit Agreement Clause in Contracts

Parent Credit Agreement. Notwithstanding anything to the contrary set forth herein, including in Sections 6.01 and 6.04, neither the Borrower nor any of its subsidiaries will become a party to, or otherwise create, incur, assume or permit to exist any Indebtedness (whether as a principal obligor or a guarantor) of the Borrower or any of its subsidiaries under the Existing Parent Term Credit Agreement or the Existing Parent Revolving Credit Agreement.

Appears in 2 contracts

Samples: Credit Agreement (Alon USA Energy, Inc.), Credit Agreement (Alon Refining Krotz Springs, Inc.)

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Parent Credit Agreement. Notwithstanding anything to the contrary set forth herein, including in Sections 6.01 10.2.1 and 6.0410.2.4, neither the Borrower Holdings nor any of its subsidiaries Subsidiary will become a party to, or otherwise create, incur, assume or permit to exist any Indebtedness (whether as a principal obligor or a guarantor) of the Borrower Holdings or any of its subsidiaries Subsidiary under the Existing Parent Term Credit Agreement or the Existing Parent Revolving Credit Agreement.

Appears in 1 contract

Samples: Loan and Security Agreement (Alon USA Energy, Inc.)

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Parent Credit Agreement. Notwithstanding anything to the contrary set forth herein, including in Sections 6.01 6.1 and 6.046.4, neither the Borrower nor any of its subsidiaries will become a party to, or otherwise create, incur, assume or permit to exist any Indebtedness (whether as a principal obligor or a guarantor) of the Borrower or any of its subsidiaries under the Existing Parent Term Credit Agreement or the Existing Parent Revolving Credit Agreement.

Appears in 1 contract

Samples: Credit Agreement (Alon USA Energy, Inc.)

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