Claims Pari Passu. Each Loan Party shall ensure that at all times the claims of the Credit Parties under the Loan Documents rank at least pari passu with the claims of all its unsecured and unsubordinated creditors other than those claims that are preferred by Debtor Relief Laws.
Appears in 8 contracts
Samples: Senior Term Loan Agreement (Prologis, L.P.), Senior Term Loan Agreement (Prologis, L.P.), Senior Term Loan Agreement (Prologis, L.P.)
Claims Pari Passu. Each Loan Party shall ensure that at all times the claims of the Credit Lender Parties under the Loan Documents rank at least pari passu with the claims of all its unsecured and unsubordinated creditors other than those claims that are preferred by Debtor Relief Laws.
Appears in 7 contracts
Samples: Revolving Credit Agreement (Prologis, L.P.), Revolving Credit Agreement (Prologis, L.P.), Revolving Credit Agreement (Prologis, L.P.)
Claims Pari Passu. Each Loan Credit Party shall ensure that at all times the Obligations and any other claims of the Credit Parties Lead Arrangers, the Agents and the Lenders arising hereunder or under the any other Loan Documents Document rank at least pari passu with the claims of all its such Credit Party’s other senior unsecured and unsubordinated creditors, except those creditors other than those whose claims that are preferred by Debtor Relief Lawsany bankruptcy, insolvency, reorganization, moratorium or similar laws relating to or limiting creditors’ rights generally.
Appears in 5 contracts
Samples: Credit Agreement (Hospira Inc), Credit Agreement (Hospira Inc), Credit Agreement (Hospira Inc)
Claims Pari Passu. Each Loan Party The Borrower shall ensure that at all times the claims of the Credit Creditor Parties under the Loan Documents rank at least pari passu with the claims of all its each Loan Party’s unsecured and unsubordinated creditors other than those claims that are preferred by Debtor Relief Lawscreditors.
Appears in 4 contracts
Samples: Modification Agreement (Cim Real Estate Finance Trust, Inc.), Credit Agreement (Cim Real Estate Finance Trust, Inc.), Credit Agreement (Cole Office & Industrial REIT (CCIT II), Inc.)
Claims Pari Passu. Each Loan Party shall ensure that at all times the claims of the Credit Parties under the Loan Documents with respect to such Loan Party rank at least pari passu with the claims of all its the unsecured and unsubordinated creditors of such Loan Party other than those claims that are preferred by Debtor Relief Laws.
Appears in 3 contracts
Samples: Global Senior Credit Agreement (Prologis, L.P.), Global Senior Credit Agreement (Prologis, L.P.), Global Senior Credit Agreement (Prologis, L.P.)
Claims Pari Passu. Each Loan Party shall ensure that at all times the claims of the Credit Lender Parties under the Loan Documents with respect to such Loan Party rank at least pari passu with the claims of all its the unsecured and unsubordinated creditors of such Loan Party other than those claims that are preferred by Debtor Relief Laws.
Appears in 2 contracts
Samples: Term Loan Agreement (Prologis, L.P.), Term Loan Agreement (Prologis, L.P.)
