Common use of Restriction on Debt Purchase Transactions Clause in Contracts

Restriction on Debt Purchase Transactions. The Borrower shall not, and shall procure that each other member of the Group shall not, enter into any Debt Purchase Transaction or beneficially own all or any part of the share capital of a company that is a Lender or a party to a Debt Purchase Transaction of the type referred to in paragraphs (B) or (C) of the definition of Debt Purchase Transaction.

Appears in 2 contracts

Samples: Borrowing Base Facility Agreement (Transglobe Energy Corp), Borrowing Base Facility Agreement (Transglobe Energy Corp)

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Restriction on Debt Purchase Transactions. The Borrower shall not, and shall procure that each other member of the Group and each Affiliate of each member of the Group shall not, enter into any Debt Purchase Transaction or beneficially own all or any part of the share capital of a company that is a Lender or a party to a Debt Purchase Transaction of the type referred to in paragraphs (B) or (C) of the definition of Debt Purchase Transaction.

Appears in 1 contract

Samples: Agreement (Carrizo Oil & Gas Inc)

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Restriction on Debt Purchase Transactions. The Parent and the Borrower shall not, and shall procure that each other member of the Group Group, each Unrestricted Subsidiary and each Sponsor Affiliate shall not, enter into any Debt Purchase Transaction or beneficially own all or any part of the share capital of a company that is a Lender or a party to a Debt Purchase Transaction of the type referred to in paragraphs paragraph (Bb) or (Cc) of the definition of β€œDebt Purchase Transaction”.

Appears in 1 contract

Samples: Agreement (Digital Landscape Group, Inc.)

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