Petroken definition
Examples of Petroken in a sentence
In connection with the Operating Plants, each of Petroquímica Cuyo and Petroken has a valid Leasehold interest in any property material to its respective Operating Plants used and not owned by it, free and clear of all Liens other than Permitted Liens and minor irregularities or deficiencies that, individually or in the aggregate, could not be reasonably expected to result in a Material Adverse Effect.
The Borrower will not permit the Consolidated Net Worth of each of (i) the Borrower, (ii) Petroquímica Cuyo or (iii) Petroken to be less at any time than (A)(1) prior to December 31, 2017, 45,000,000 Euros, and (2) 120,000,000 Euros as from December 31, 2017 for the Borrower, (B) 124,000,000 Argentine pesos for Petroquímica Cuyo and (C) 274,000,000 Argentine pesos for Petroken.