Intra-group Debt. (a) Each of BHP Billiton and Rio Tinto must procure that, as at the start of the JV Commencement Date:
Intra-group Debt. 9 5 Completion. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .9 6 Post-Completion matters . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 7 Restrictive covenants in favour of the Purchaser. . . . . . . . . . . . . . . 15 8
Intra-group Debt. 4.1 The Vendor undertakes that immediately prior to Completion it shall procure the capitalisation of the entire net amount of Intra Group Debt outstanding and payable for any and all reasons immediately prior to Completion by subscribing in cash an amount equal to such Intra Group Debt for new shares in the relevant debtor Group Companies and by causing such debtor Group Companies to repay such Intra Group Debt out of the proceeds of such subscription or, in the case of companies incorporated in the USA, by making a capital contribution thereto so that at and after Completion the Vendor's Group shall owe no amount to the Group and the Group shall owe no amount to the Vendor's Group. Such shares in the Group Companies shall be sold by the Vendor to the Purchaser on the terms of this Agreement as if they were Sale Shares, provided that no additional consideration shall be paid to the Vendor for such shares.
Intra-group Debt. 7.3.3 The amount due by the Company in respect of the Intra Group Debt is unsecured and repayable by the Company on demand.
Intra-group Debt. It shall be a condition precedent to this Agreement that the Purchaser shall procure that the Company repays in full the outstanding balance of the Intra-Group Debt with the effect that prior to such repayment the Vendor shall not be obliged to sell and the Purchaser shall not be obliged to purchase the Shares pursuant to this Agreement.
Intra-group Debt. In connection with any Enforcement Action taken or to be taken by the Security Agent, each Intra-Group Creditor shall only take such Enforcement Action in relation to the Intra-Group Debt as it is directed by the Security Agent to take and, if so required by the Security Agent, shall (to the extent it is able) amend, waive or release the Intra-Group Debt owed to it by other Group Companies and/or terms applicable to it in such manner and to such extent as the Security Agent may direct.
Intra-group Debt. If and to the extent that any Intra Group Debt remains outstanding following Completion and was or is to be accounted for in the Final Debt Amount Statement, the Sellers shall procure that any such Intra Group Debt owing by any member of the Sellers' Group is repaid to the relevant Group Company and the Buyer shall procure that any such Intra Group Debt owing by any Group Company is repaid to the relevant member of the Seller's Group, in any such case:
Intra-group Debt. The Sellers shall procure that at or before Completion there is repaid to each Group Company all Intra Group Debt owed by either the Sellers or any member of the Sellers' Group, and any debt owed to any Group Company by any director of any member of the Sellers' Group.
Intra-group Debt. 6.12 The Intra-Group Debt comprises loan relationships existing between the relevant Group Companies, and has been consistently reflected as such in the accounts, tax returns, computations and other information required to be made, given or submitted to any Tax Authority.
Intra-group Debt a) The Company shall:
