Obligations to be Pari Passu. The obligations of each Obligor under this Agreement and the other Credit Documents to which it is a party will rank at all times pari passu as to priority of payment and in all other respects with all other material unsecured and unsubordinated Debt of the such Obligor, with the exception of those obligations that are mandatorily preferred by law and not by contract.
Appears in 30 contracts
Samples: Reimbursement Agreement (Equitable Holdings, Inc.), Reimbursement Agreement (Equitable Holdings, Inc.), Reimbursement Agreement (Equitable Holdings, Inc.)
Obligations to be Pari Passu. The obligations of each Obligor under this Agreement and the each other Credit Documents Document to which it is a party will rank at all times pari passu as to priority of payment and in all other respects with all other material unsecured and unsubordinated Debt of the such Obligor, with the exception of those obligations that are mandatorily preferred by law and not by contract.
Appears in 30 contracts
Samples: Reimbursement Agreement (Equitable Holdings, Inc.), Reimbursement Agreement (Equitable Holdings, Inc.), Reimbursement Agreement (Equitable Holdings, Inc.)
Obligations to be Pari Passu. The Company’s obligations of each Obligor under this Agreement and the each other Credit Documents Document to which it is a party will rank at all times pari passu as to priority of payment and in all other respects with all other material unsecured and unsubordinated Debt of the such ObligorCompany, with the exception of those obligations that are mandatorily preferred by law and not by contract.
Appears in 12 contracts
Samples: Credit Agreement (Lincoln National Corp), Credit Agreement (Lincoln National Corp), Term Loan Agreement (Jackson Financial Inc.)
Obligations to be Pari Passu. The Company’s obligations of each Obligor under this Agreement and the other Credit Documents to which it is a party will rank at all times pari passu as to priority of payment and in all other respects with all other material unsecured and unsubordinated Debt of the such ObligorCompany, with the exception of those obligations that are mandatorily preferred by law and not by contract.
Appears in 8 contracts
Samples: Term Loan Agreement (Jackson Financial Inc.), Assignment and Assumption (Brighthouse Financial, Inc.), Term Loan Agreement (Brighthouse Financial, Inc.)
Obligations to be Pari Passu. The Company's obligations of each Obligor under this Agreement and the each other Credit Documents Document to which it is a party will rank at all times pari passu as to priority of payment and in all other respects with all other material unsecured and unsubordinated Debt of the such Obligor, with the exception of those obligations that are mandatorily preferred by law and not by contractCompany.
Appears in 5 contracts
Samples: Credit Agreement (Lincoln National Corp), Assignment and Assumption (Lincoln National Corp), Credit Agreement (Lincoln National Corp)
Obligations to be Pari Passu. The Each Account Party’s obligations of each Obligor under this Agreement and the other Credit Documents to which it is a party will rank at all times pari passu as to priority of payment and in all other respects with all other material unsecured and unsubordinated Debt of the such Obligor, Account Party with the exception of those obligations that are mandatorily preferred by law and not by contract.
Appears in 4 contracts
Samples: Credit Agreement (Lincoln National Corp), Credit Agreement (Lincoln National Corp), Credit Agreement (Lincoln National Corp)
Obligations to be Pari Passu. The Company's obligations of each Obligor under this Agreement and the each other Credit Documents Document to which it is a party will rank at all times pari passu as to priority of payment and in all other respects with all other material unsecured and unsubordinated Debt of the such ObligorCompany, with the exception of those obligations that are mandatorily preferred by law and not by contract.
Appears in 2 contracts
Samples: Credit Agreement (Lincoln National Corp), Credit Agreement (Lincoln National Corp)
