Common use of Chapter 11 Claims Clause in Contracts

Chapter 11 Claims. Incur, create, assume or permit to exist any administrative expense, unsecured claim, or other super-priority claim or lien that is pari passu with or senior to the claims of the Lender against the Borrower.

Chapter 11 Claims. Incur, create, assume assume, suffer to exist or permit to exist (i) any administrative expense, unsecured claim, or other super-priority superpriority claim which is senior to or lien that is pari passu with or senior to the claims of the Postpetition Lender against the Borrower.Borrower hereunder, or apply to the Bankruptcy Court for authority to do so, except for the Carve-Out or as is otherwise permitted in any of the Orders, or

Chapter 11 Claims. Incur, create, assume or permit to exist any administrative expense, unsecured claim, or other super-priority Superpriority claim or lien Lien that is pari passu with or senior to the claims Superpriority Claims of the Lender Lenders and the Agents against the BorrowerLoan Parties hereunder, or apply to the Bankruptcy Court for authority to do so, except for the Carve-Out.