Guarantee Rank Pari Passu. The obligations of such Guarantor under this Agreement rank at least pari passu in right of payment with all other senior unsecured Debt (actual or contingent) of such Guarantor, including, without limitation, all senior unsecured Debt of such Guarantor described in Schedule 5.15 of the Note Purchase Agreement.
Appears in 2 contracts
Samples: Note Purchase Agreement (ENERPLUS Corp), Subordination Agreement (ENERPLUS Corp)
Guarantee Rank Pari Passu. The obligations of such Guarantor under this Agreement rank at least pari passu in right of payment with all other senior unsecured Debt (actual or contingent) of such Guarantor, including, without limitation, all senior unsecured Debt of such Guarantor described in Schedule 5.15 of the Note Purchase Agreement.. Article 9
Appears in 1 contract
Samples: Guarantee and Subordination Agreement (Enerplus Resources Fund)
Guarantee Rank Pari Passu. The obligations of such the Guarantor under this Agreement rank at least pari passu in right of payment with all other senior unsecured Debt (actual or contingent) of such the Guarantor, including, without limitation, all senior unsecured Debt of such the Guarantor described in Schedule 5.15 of the Note Purchase Agreement.
Appears in 1 contract
Samples: Guarantee and Subordination Agreement (Enerplus Resources Fund)
