Common use of Refinancing the Loans Clause in Contracts

Refinancing the Loans. The Borrower shall use all commercially reasonable efforts to refinance the Loans and Commitments as promptly as reasonably practicable following the Closing Date and in connection therewith shall use its commercially reasonable efforts to deliver to the Arrangers as promptly as reasonably practicable (i) customary pro forma financial statements for the Borrower (giving effect to the Initial Share Purchase) meeting the requirements of Regulation S-X and (ii) a preliminary prospectus or preliminary offering memorandum or preliminary private placement memorandum for use in a customary “roadshow” for an investment grade issuer and which will be in a form that will enable the independent registered accountants of the Borrower and the Acquired Business to render a customary “comfort letter” (including customary “negative assurance”).

Appears in 4 contracts

Samples: Senior Bridge Term Loan Agreement, Senior Bridge Term Loan Agreement (McKesson Corp), Senior Bridge Term Loan Agreement (McKesson Corp)

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