Common use of Notes Rank Pari Passu Clause in Contracts

Notes Rank Pari Passu. The obligations of each Obligor under this Agreement and the Notes rank at least pari passu in right of payment with all other senior unsecured Debt (actual or contingent) of such Obligor, including, without limitation, all senior unsecured Debt of such Obligor described in Schedule 5.15 hereto. Each Subsidiary which is a borrower or guarantor under the Credit Agreement as of the date of Closing is an Obligor hereunder. SECTION 6.

Appears in 1 contract

Samples: Note Purchase Agreement

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Notes Rank Pari Passu. The obligations of each Obligor the Obligors under this Agreement and the Notes rank at least pari passu in right of payment with all other unsecured senior unsecured Debt (actual or contingent) of such Obligor, including, without limitation, all senior unsecured Debt of such Obligor described in Schedule 5.15 hereto. Each Subsidiary which is a borrower or guarantor under the Credit Agreement as of the date of Closing is an Obligor hereunder. SECTION 6Obligors.

Appears in 1 contract

Samples: Note Purchase Agreement (Unifirst Corp)

Notes Rank Pari Passu. The respective obligations of each Obligor the Obligors under this Agreement and the Notes rank at least pari passu in right of payment with all other senior unsecured Debt (actual or contingent) of such Obligorthe Obligors, including, without limitation, all senior unsecured Debt of such Obligor the Obligors described in Schedule 5.15 hereto. Each Subsidiary which is a borrower or guarantor under the Credit Agreement as of the date of Closing is an Obligor hereunder. SECTION 6.

Appears in 1 contract

Samples: Note Purchase Agreement (Helen of Troy LTD)

Notes Rank Pari Passu. The obligations of each Obligor the Obligors under this Agreement and the Series 2010-A Notes rank at least pari passu in right of payment with all other senior unsecured Senior Debt (actual or contingent) of such Obligorthe Obligors, including, without limitation, all senior unsecured Senior Debt of such Obligor the Obligors described in Schedule 5.15 hereto. Each Subsidiary which is a borrower or guarantor under the Credit Agreement as of the date of Closing is an Obligor hereunder. SECTION 6.

Appears in 1 contract

Samples: Note Purchase Agreement (Brady Corp)

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Notes Rank Pari Passu. The obligations of each Obligor the Obligors under this Agreement the Note Purchase Agreement, the Second Supplement and the Notes rank at least pari passu in right of payment with all other senior unsecured Senior Debt (actual or contingent) of such Obligorthe Obligors, including, without limitation, all senior unsecured Senior Debt of such Obligor the Obligors described in Schedule 5.15 hereto. Each Subsidiary which is a borrower or guarantor under to the Credit Agreement as of the date of Closing is an Obligor hereunder. SECTION 6Second Supplement.

Appears in 1 contract

Samples: Second Supplement to Note Purchase Agreement (Brady Corp)

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