Common use of No Additional Indebtedness Clause in Contracts

No Additional Indebtedness. The borrower shall not incur additional indebtedness either through loans, issuing bonds, notes, debentures, loan stock or any similar instrument, except for: a) Bank loans or Group company loans up to USD 600,000,000. without the express written consent of the Lender.

Appears in 12 contracts

Samples: Working Capital Facility Agreement, Credit Facility Agreement (Shell Midstream Partners, L.P.), 364 Day Revolving Credit Facility Agreement (Shell Midstream Partners, L.P.)

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No Additional Indebtedness. The borrower Borrower shall not incur additional indebtedness Financial Indebtedness either through loans, issuing bonds, notes, debentures, loan stock or any similar instrument, except for: (a) Bank loans or Group company Company loans up to USD 600,000,000. USD200,000,000; without the express written consent of the Lender.

Appears in 3 contracts

Samples: Short Term Credit Facility Agreement, Short Term Credit Facility Agreement (BP Midstream Partners LP), Short Term Credit Facility Agreement (BP Midstream Partners LP)

No Additional Indebtedness. The borrower shall not incur additional indebtedness either through loans, issuing bonds, notes, debentures, loan stock or any similar instrument, except for: a) Bank loans or Group company loans up to USD 600,000,000. without the express written consent of the Lender.

Appears in 1 contract

Samples: Working Capital Facility Agreement (Shell Midstream Partners, L.P.)

No Additional Indebtedness. The borrower shall not incur additional indebtedness either through loans, issuing bonds, notes, debentures, loan stock or any similar instrument, except for: a) Bank loans or Group company loans up to USD 600,000,000. without the express written consent of the Lender. For purposes of this clause, this restriction does not apply to other loans between the Lender and the Borrower.

Appears in 1 contract

Samples: Revolving Credit Facility Agreement (Shell Midstream Partners, L.P.)

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No Additional Indebtedness. The borrower Borrower shall not incur incur, without the express written consent of the Lender, additional indebtedness Financial Indebtedness either through loans, issuing bonds, notes, debentures, loan stock or any similar instrument, except for: a) Bank loans or Group company loans for bank Loans up to two hundred million United States Dollars (USD 600,000,000200,000,000) . without For purposes of this clause, this restriction does not apply to other loans between the express written consent of Lender and the LenderBorrower, including the Short Term Facility.

Appears in 1 contract

Samples: Term Loan Facility Agreement (BP Midstream Partners LP)

No Additional Indebtedness. The borrower Borrower shall not incur additional indebtedness either through loans, issuing bonds, notes, debentures, loan stock or any similar instrument, except for: a) Bank for bank loans or Group company Company loans up to USD 600,000,000. 600,000,000 without the express written consent of the Lender. For purposes of this clause, this restriction does not apply to other loans between the Lender and the Borrower.

Appears in 1 contract

Samples: Credit Facility Agreement (Shell Midstream Partners, L.P.)

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