Notes to Rank Pari Passu. From and after the Collateral Release Date, theThe Notes and all other obligations under this Agreement are and at all times shall remain direct and unsecuredsecured obligations of the Company ranking pari passu in right of payment with all other present and future unsecured 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 Companythe Debt under any Material Credit Facility.
Appears in 2 contracts
Samples: Note Purchase Agreement (Marcus Corp), Note Purchase Agreement (Marcus Corp)
Notes to Rank Pari Passu. From TheFrom and after the Collateral Release Date, theThe the Notes and all other obligations under this Agreement are and at all times shall remain direct and unsecuredsecured unsecured obligations of the Company ranking pari passu in right of payment with all other present and future unsecured 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 Companythe Debt under any Material Credit FacilityCompany.
Appears in 2 contracts
Samples: Note Purchase Agreement (Marcus Corp), Note Purchase Agreement (Marcus Corp)
Notes to Rank Pari Passu. From and after the Collateral Release Date, theThe the Notes and all other obligations under this Agreement are and at all times shall remain direct and unsecuredsecured β unsecured obligations of the Company ranking pari passu in right of payment with all other present and future unsecured 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 Companythe Debt under any Material Credit FacilityCompany.
Appears in 1 contract
