Common use of Foreign Finance Company Plan Clause in Contracts

Foreign Finance Company Plan. Cause all interest payments made on the FFC Notes to be paid to Luxco, as the holder of such notes, and immediately transferred to US Holdco as a Restricted Payment and immediately transferred to the Company as a Restricted Payment, such that all such transfers are made within a single Business Day to the extent commercially feasible.

Appears in 3 contracts

Samples: Credit Agreement (Mastec Inc), Term Loan Agreement (Mastec Inc), Credit Agreement (Mastec Inc)

AutoNDA by SimpleDocs

Foreign Finance Company Plan. Cause all interest payments made on the FFC Notes to be paid to Luxco, as the holder of such notes, and immediately transferred to US Holdco as a Restricted Payment and immediately transferred to the 57410581_7 Company as a Restricted Payment, such that all such transfers are made within a single Business Day to the extent commercially feasible.

Appears in 1 contract

Samples: Credit Agreement (Mastec Inc)

Foreign Finance Company Plan. Cause all interest payments made on the FFC Notes to be paid to Luxco, as the holder of such notes, and immediately transferred to US Holdco 119889268 as a Restricted Payment and immediately transferred to the Company as a Restricted Payment, such that all such transfers are made within a single Business Day to the extent commercially feasible.

Appears in 1 contract

Samples: Credit Agreement (Mastec Inc)

AutoNDA by SimpleDocs

Foreign Finance Company Plan. Cause all interest payments made on the FFC Notes to be paid to Luxco, as the holder of such notes, and immediately transferred to US Holdco as a Restricted Payment and immediately transferred to the Company as a 123 150575819 Restricted Payment, such that all such transfers are made within a single Business Day to the extent commercially feasible.

Appears in 1 contract

Samples: Credit Agreement (Mastec Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.