UpstreamCo Financing Arrangements. (a) Prior to the Effective Time and pursuant to the Plan of Reorganization, (i) UpstreamCo or other member(s) of the UpstreamCo Group shall enter into one or more financing arrangements and agreements pursuant to which it or they shall borrow a principal amount of $[ ] (the “UpstreamCo Financing Arrangements”), (ii) UpstreamCo or such other member(s) of the UpstreamCo Group that entered into the UpstreamCo Financing Arrangements shall transfer all or a portion of the proceeds from the UpstreamCo Financing Arrangements to Parent or other member(s) of the Parent Group.
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Samples: Separation and Distribution Agreement, Separation and Distribution Agreement (Alcoa Upstream Corp), Separation and Distribution Agreement (Alcoa Upstream Corp)
UpstreamCo Financing Arrangements. (a) Prior to the Effective Time and pursuant to the Plan of ReorganizationSeparation Step Plan, (i) UpstreamCo or other member(s) of the UpstreamCo Group shall enter into one or more financing arrangements and agreements pursuant to which it or they shall borrow a principal amount of $[ ] 1,250,000,000 (the “UpstreamCo Financing Arrangements”), and (ii) UpstreamCo or such other member(s) of the UpstreamCo Group that entered into the UpstreamCo Financing Arrangements shall transfer all or a portion of the proceeds from the UpstreamCo Financing Arrangements to Parent or other member(s) of the Parent GroupGroup in accordance with Schedule 2.14.
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