Common use of Availability and Transfer of Foreign Currency Clause in Contracts

Availability and Transfer of Foreign Currency. No requisite foreign exchange control approvals, registrations, other authorizations or filings by or with Argentina or any Governmental Authority thereof is required to authorize, or is required in connection with, (a) the execution, delivery and performance by the Borrower or any of its Subsidiaries of any Credit Document to which it is party or (b) the legality, validity, binding effect or enforceability against the Borrower or any of its Subsidiaries of any such Credit Document, except for registration of the Loan pursuant to Communication “A” 3602 of the Argentine Central Bank.

Appears in 2 contracts

Samples: Senior Secured Loan Agreement, Senior Secured Loan Agreement (PCT LLC)

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Availability and Transfer of Foreign Currency. No requisite foreign exchange control approvals, registrations, other authorizations or filings by or with Mexico, Argentina or any Governmental Authority thereof is required to authorize, or is required in connection with, (a) the execution, delivery and performance by the Borrower any Loan Party or any of its Subsidiaries of any Credit Document to which it is party or (b) the legality, validity, binding effect or enforceability against the Borrower any Loan Party or any of its Subsidiaries of any such Credit Document, except for registration subject to previous fulfillment of the Loan pursuant to filings with the Argentine Central Bank required under Communication “A” 3602 of the Argentine Central Bank6401, as amended.

Appears in 2 contracts

Samples: Loan Agreement (Vista Oil & Gas, S.A.B. De C.V.), Loan Agreement (Vista Oil & Gas, S.A.B. De C.V.)

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