Common use of Procuring of Debt funding Clause in Contracts

Procuring of Debt funding. Alcoa must procure that long term Debt funding is provided to the Enterprise Companies by appropriate external lenders on an ongoing basis for the purposes of Enterprise Growth Projects (whether or not those Enterprise Growth Projects are related to the Enterprise Company that receives such long-term Debt funding) within 12 months following the first time after the Distribution Date that obtaining such Debt becomes permissible under the Revolving Facility, so that:

Appears in 7 contracts

Samples: Formation Agreement (Alcoa Inc.), www.sec.gov, Formation Agreement (Alcoa Upstream Corp)

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