Common use of SpinCo Financing Arrangements Clause in Contracts

SpinCo Financing Arrangements. Before the Distribution Date, subject to the terms and conditions of Section 8.8 of the Business Combination Agreement, Spinco shall enter into a definitive agreement or agreements providing for Indebtedness for borrowed money in an aggregate principal amount sufficient to fund the payment by Spinco to Pluto of the Spinco Cash Distribution pursuant to Section 2.01(a)(ii), which Indebtedness for borrowed money shall consist of borrowings on the terms and conditions contemplated by Financing or Permanent Financing (each as defined in the Business Combination Agreement) (collectively, the “Spinco Financing Arrangements”).

SpinCo Financing Arrangements. Before (a) On or before the Distribution Date, subject to the terms and conditions of Section 8.8 7.08 of the Business Combination Merger Agreement, Spinco shall enter into a definitive agreement or agreements providing for Indebtedness for borrowed money indebtedness in an aggregate principal amount sufficient equal to fund the payment by Spinco to Pluto of the Spinco Cash Distribution pursuant to Section 2.01(a)(ii)Borrowing Amount, which Indebtedness for borrowed money indebtedness shall consist of borrowings under a credit facility on the terms and conditions contemplated by Financing or Permanent Financing (each as defined in the Business Combination Agreement) Spinco Commitment Letter (collectively, the “Spinco Financing ArrangementsDebt”).