Common use of Funding undertaking - Owners Clause in Contracts

Funding undertaking - Owners. An Owner must not: (a) fund the acquisition or holding of its Participating Interest by any means other than non-redeemable share capital; or (b) incur any Finance Debt other than by way of a Guarantee in respect of Finance Debt of a Related Corporation.

Appears in 2 contracts

Samples: Implementation Agreement (Rio Tinto LTD), Implementation Agreement (Rio Tinto LTD)

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Funding undertaking - Owners. An Owner must not: (a) fund the acquisition or holding of its Participating Interest by any means other than non-redeemable share capital; or (b) incur any Finance Debt other than by way of a Guarantee in respect of Finance Debt of a Related Corporation.. * * * Pursuant to a request for confidential treatment filed with the Securities and Exchange Commission, confidential portions of this exhibit have been omitted and filed separately with the Securities and Exchange Commission

Appears in 2 contracts

Samples: Implementation Agreement (BHP Billiton PLC), Implementation Agreement (BHP Billiton PLC)

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