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. (a) 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 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 6 contracts

Samples: Note Purchase Agreement (Agree Realty Corp), Note Purchase Agreement (Agree Realty Corp), Note Purchase Agreement (Agree Realty 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 unsecured Funded Indebtedness of the Companypresent and future Secured Obligations.

Appears in 5 contracts

Samples: Collateral Agency Agreement (Modine Manufacturing Co), Modine Manufacturing Co, Intercreditor 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 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), Modine Manufacturing Co, Note Purchase Agreement (Sanderson Farms 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 Senior Indebtedness of the Company.

Appears in 3 contracts

Samples: Guaranty Agreement (Universal Forest Products Inc), Note Agreement (Universal Forest Products Inc), Guaranty Agreement (Universal Forest Products 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, 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: Subsidiary Guaranty Agreement (New Jersey Resources Corp), Subsidiary Guaranty 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 unsecured Funded present and future Senior Unsecured Indebtedness (actual or contingent) of the Company which is not expressed to be subordinate or junior in rank to any other Senior Unsecured Indebtedness of the Company.

Appears in 2 contracts

Samples: Note Purchase Agreement (Solar Senior Capital Ltd.), Note Purchase Agreement (Solar Capital Ltd.)

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 (Bowne & Co Inc), First Potomac Realty Trust

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: Subsidiary Guaranty Agreement (St Joe Co), Note Purchase Agreement (St Joe 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 Indebtedness of the Company.

Appears in 2 contracts

Samples: Guaranty Agreement (Fuller H B Co), Guaranty Agreement (Fuller H B Co)

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

Appears in 1 contract

Samples: Egl 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 unsubordinated Debt of the Company.

Appears in 1 contract

Samples: Note Purchase Agreement (Avon Products Inc)

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

Appears in 1 contract

Samples: Intercreditor and Collateral Agency Agreement (Macquarie Infrastructure CO LLC)

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 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 1 contract

Samples: 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 Indebtedness Senior Debt (actual or contingent) of the Company.

Appears in 1 contract

Samples: Note Purchase Agreement (BGC Partners, Inc.)

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: Subsidiary Guarantee Agreement (Ecolab Inc)

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