Common use of Securitization Transactions Clause in Contracts

Securitization Transactions. The Initial Guarantor will not permit the aggregate outstanding amount of Securitization Transactions to exceed $1,500,000,000 at any time.

Appears in 2 contracts

Sources: Credit Agreement (Phillips 66), Credit Agreement (Phillips 66)

Securitization Transactions. The Initial Guarantor will not permit the aggregate outstanding amount of Securitization Transactions to exceed $1,500,000,000 2,000,000,000 at any time.

Appears in 2 contracts

Sources: Term Loan Credit Agreement (Phillips 66), Credit Agreement (Phillips 66)