Common use of Replacement Debt Clause in Contracts

Replacement Debt. The Borrower shall use the proceeds of any Replacement Debt (after accounting for any related Hedging Termination Amount and related fees and expenses) to prepay or repay Senior Debt and/or replace all or part of the Facility Debt Commitments in accordance with Section 6.3 (Replacement Debt).

Appears in 2 contracts

Samples: Common Terms Agreement (Venture Global, Inc.), Common Terms Agreement (Venture Global, Inc.)

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Replacement Debt. The Borrower shall use the proceeds of any Replacement Senior Debt (after accounting for any related Hedging Termination Amount and related fees and expenses) to prepay or repay Senior Debt and/or replace all or part of the Facility Debt Commitments in accordance with Section 6.3 (Replacement Senior Debt).

Appears in 2 contracts

Samples: Common Terms Agreement (Venture Global, Inc.), Common Terms Agreement (Venture Global, Inc.)

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