Common use of Guaranty to Rank Pari Passu Clause in Contracts

Guaranty to Rank Pari Passu. This Guaranty and all other obligations under this Guaranty of the Guarantor at all times shall rank at least pari passu in right of payment with all other present and future unsecured Senior Indebtedness (actual or contingent) of the Guarantor which is not expressed to be subordinate or junior in rank to any other unsecured Senior Indebtedness of the Guarantor.

Appears in 4 contracts

Samples: Paying Agent Agreement (Essex Property Trust Inc), Paying Agent Agreement (Essex Property Trust Inc), Note Purchase Agreement (First Potomac Realty Trust)

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Guaranty to Rank Pari Passu. This Guaranty and all other obligations under this Guaranty of the Guarantor Guarantors are and at all times shall rank at least pari passu in right of payment with all other present and future unsecured Senior Indebtedness (actual or contingent) of the Guarantor Guarantors which is not expressed to be subordinate or junior in rank to any other unsecured Senior Indebtedness of the GuarantorGuarantors.

Appears in 4 contracts

Samples: Paying Agent Agreement (Essex Property Trust Inc), Paying Agent Agreement (Essex Property Trust Inc), Guaranty Agreement (Essex Property Trust Inc)

Guaranty to Rank Pari Passu. This Guaranty and all other obligations under this Guaranty of the Guarantor at all times shall rank at least pari passu in right of payment with all other present and future unsecured Senior Indebtedness (actual or contingent) of the Guarantor which is not expressed to be subordinate or junior in rank to any other unsecured Senior Indebtedness of the Guarantor.. Essex Property Trust, Inc. Parent Guaranty

Appears in 1 contract

Samples: Guaranty Agreement (Essex Property Trust Inc)

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Guaranty to Rank Pari Passu. This Guaranty and all other obligations under this Guaranty of the each Guarantor at all times shall rank at least pari passu in right of payment with all other present and future unsecured Senior Indebtedness (actual or contingent) of the such Guarantor which is not expressed to be subordinate or junior in rank to any other unsecured Senior Indebtedness of the such Guarantor.

Appears in 1 contract

Samples: Note Purchase Agreement (Agree Realty Corp)

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