Notes Parallel Debt (Covenant. to pay the Security Agent)) shall be held pari passu by the Security Agent and shall be distributed to the Creditor Secured Parties and Notes Secured Parties in accordance with Clause 10 (Application of Proceeds) (or, in the case of the Notes Secured Parties, held on trust as contemplated by paragraph (g) of Clause 11.3 (Notes Parallel Debt (Covenant to pay the Security Agent)) above).
Appears in 3 contracts
Samples: Intercreditor Agreement (Cemex Sab De Cv), Intercreditor Agreement (Cemex Sab De Cv), Intercreditor Agreement (Cemex Sab De Cv)
Notes Parallel Debt (Covenant. to pay the Security Agent)) shall be held pari passu by the Security Agent and shall be distributed to the Creditor Finance Secured Parties and Notes Secured Parties in accordance with Clause 10 9 (Application of Proceeds) (or, in the case of the Notes Secured Parties, held on trust as contemplated by paragraph (gf) of Clause 11.3 10.3 (Notes Parallel Debt (Covenant to pay the Security Agent)) above).
Appears in 2 contracts
Samples: Intercreditor Agreement (Cemex Sab De Cv), Intercreditor Agreement (Cemex Sab De Cv)
