Restriction on Use of Proceeds. The Borrower shall not, and shall not allow any Subsidiary to use the proceeds of any Loan, directly or indirectly, to make or invest in any loan or advance to, or to purchase or acquire any obligations or securities of, PDVSA or an Affiliate of PDVSA except for the Borrower or any Subsidiary of the Borrower.
Appears in 3 contracts
Samples: Term Loan Agreement (Citgo Petroleum Corp), Credit Agreement (Citgo Petroleum Corp), Credit Agreement (Citgo Petroleum Corp)
Restriction on Use of Proceeds. The Borrower Company shall not, and shall not allow any Restricted Subsidiary to use the proceeds of any Loan, directly or indirectly, to make or invest in any loan or advance to, or to purchase or acquire any obligations or securities of, PDVSA or an Affiliate of PDVSA except for the Borrower Company or any Subsidiary of the BorrowerRestricted Subsidiary.
Appears in 2 contracts
Samples: Acceptance Agreement (Citgo Petroleum Corp), Assignment and Acceptance Agreement (Citgo Petroleum Corp)
