Common use of Notes to Rank Pari Passu Clause in Contracts

Notes to Rank Pari Passu. The Company will ensure that its payment obligations under this Agreement and the Notes will at all times rank at least pari passu, without preference or priority, with all other senior unsecured Funded Indebtedness of the Company.

Appears in 12 contracts

Samples: Note Purchase Agreement (Unitil Corp), Note Purchase Agreement (Unitil Corp), Note Purchase Agreement (Unitil Corp)

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Notes to Rank Pari Passu. The Company will ensure that its payment Notes and all other obligations under this Agreement of the Company are and the Notes will at all times shall rank at least pari passu, without preference or priority, passu in right of payment with all other senior present and future unsecured Funded Indebtedness Senior Debt (actual or contingent) of the Company which is not expressed to be subordinate or junior in rank to any other unsecured Debt of the Company.

Appears in 3 contracts

Samples: Note Purchase Agreement (Modine Manufacturing Co), Note Purchase Agreement (Modine Manufacturing Co), Note Purchase Agreement (Sanderson Farms Inc)

Notes to Rank Pari Passu. The Company will ensure that its payment Notes and all other obligations under this Agreement of the Company are and the Notes will at all times shall rank at least pari passu, without preference or priority, passu in right of payment with all other senior unsecured Funded Indebtedness of the Companypresent and future Secured Obligations.

Appears in 3 contracts

Samples: Second Amended and Restated Note Purchase and Private Shelf Agreement (Modine Manufacturing Co), Amended and Restated Note Purchase and Private Shelf Agreement (Modine Manufacturing Co), Note Purchase and Private Shelf Agreement (Modine Manufacturing Co)

Notes to Rank Pari Passu. The Company will ensure that its payment Notes and all other obligations under this Agreement of the Company are and the Notes will at all times shall rank at least pari passu, without preference or priority, passu in right of payment with all other senior present and future unsecured Funded Senior Indebtedness (actual or contingent) of the Company which is not expressed to be subordinate or junior in rank to any other unsecured Senior Indebtedness of the Company.

Appears in 2 contracts

Samples: Note Purchase Agreement (First Potomac Realty Trust), Note Purchase Agreement (Bowne & Co Inc)

Notes to Rank Pari Passu. The Company will ensure that its payment Notes and all other obligations under this Agreement of the Company are and the Notes will at all times shall rank at least pari passu, without preference or priority, passu in right of payment with all other senior unsecured Funded present and future Senior Indebtedness (actual or contingent) of the Company.

Appears in 2 contracts

Samples: Note Purchase Agreement (St Joe Co), Note Purchase Agreement (St Joe Co)

Notes to Rank Pari Passu. The Company will ensure that its payment obligations under this Agreement and the Notes will at all times rank at least pari passu, without preference or priority, passu in right of payment with all other senior unsecured Funded Indebtedness Senior Debt (actual or contingent) of the Company.

Appears in 2 contracts

Samples: Shelf Note Purchase Agreement (New Jersey Resources Corp), Shelf Note Purchase Agreement (New Jersey Resources Corp)

Notes to Rank Pari Passu. The Company will ensure that its payment Notes and all other obligations under this Agreement of the Company are and the Notes will at all times shall rank at least pari passu, without preference or priority, passu in right of payment with all other senior present and future unsecured Funded Senior Indebtedness (actual or contingent) of the Company.

Appears in 2 contracts

Samples: Note Purchase Agreement (Ugi Corp /Pa/), Note Purchase Agreement (Penn Virginia Resource Partners L P)

Notes to Rank Pari Passu. The Company will ensure that its payment Notes and all other obligations under this Agreement of the Company are and the Notes will at all times shall rank at least pari passu, without preference or priority, passu in right of payment with all other senior present and future unsecured Funded Senior Indebtedness (actual or contingent) of the Company which is not expressed to be subordinate or junior in rank to any other unsecured Indebtedness of the Company.

Appears in 2 contracts

Samples: Note Purchase Agreement (Fuller H B Co), Note Purchase Agreement (Fuller H B Co)

Notes to Rank Pari Passu. The Company will ensure that its payment keep and maintain the Notes and all other obligations outstanding at any time under this Agreement as direct obligations of the Company ranking pari passu with the Indebtedness of the Company under the Credit Agreement and the Notes will at all times rank at least pari passu, without preference or priority, with all other senior present and future unsecured Funded Senior Indebtedness of the Company.

Appears in 1 contract

Samples: Note Purchase and Private Shelf Agreement (Universal Forest Products Inc)

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Notes to Rank Pari Passu. The Company will ensure that its payment obligations under this Agreement and the Notes will at all times rank at least pari passu, without preference or priority, with all other senior unsecured Funded Indebtedness of the Company.. UNITIL CORPORATION Note Purchase Agreement

Appears in 1 contract

Samples: Note Purchase Agreement (Unitil Corp)

Notes to Rank Pari Passu. The Company will ensure that its payment Notes and all other obligations under this Agreement and the Notes will at all times rank at least pari passupassu in right of payment, without preference or priority, with all other senior unsecured Funded Indebtedness of the Company’s other outstanding unsubordinated unsecured Indebtedness.

Appears in 1 contract

Samples: Note Purchase Agreement (Ecolab Inc)

Notes to Rank Pari Passu. The Company will ensure that its payment obligations under this Agreement and the Notes will at all times rank at least pari passu, without preference or priority, with all other senior unsecured Funded Indebtedness unsubordinated Debt of the Company.

Appears in 1 contract

Samples: Note Purchase Agreement (Avon Products Inc)

Notes to Rank Pari Passu. The Company will ensure that its payment keep and maintain the Notes and all other obligations outstanding at any time under this Agreement and as direct obligations of the Notes will at all times rank at least Company ranking pari passu, without preference or priority, passu as against the assets of the Company with all other senior present and future unsecured Funded Indebtedness Senior Debt of the Company.

Appears in 1 contract

Samples: Note Agreement (Wolverine World Wide Inc /De/)

Notes to Rank Pari Passu. The Company will ensure that its payment Notes and all other obligations under this Agreement of the Company are and the Notes will at all times shall rank at least pari passu, without preference or priority, passu in right of payment with all other senior present and future Senior Funded Debt (actual or contingent) of the Company which is not expressed to be subordinate or junior in rank to any other unsecured Funded Indebtedness of the Company.

Appears in 1 contract

Samples: Note Purchase Agreement (Culp Inc)

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