Common use of Obligations to be Pari Passu Clause in Contracts

Obligations to be Pari Passu. The Company's obligations under this Agreement and the Notes to which it is a party rank pari passu as to priority of payment and in all other respects with all other unsecured and unsubordinated Debt of the Company.

Appears in 1 contract

Samples: Credit Agreement (Lincoln National Corp)

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Obligations to be Pari Passu. The Company's obligations under this Agreement and the Notes 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 unsecured and unsubordinated Debt of the CompanyCompany with the exception of those obligations that are mandatorily preferred by law and not by contract.

Appears in 1 contract

Samples: Credit Agreement (Lincoln National Corp)

Obligations to be Pari Passu. The Company's ’s obligations under this Agreement and the Notes 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 unsecured and unsubordinated Debt of the Company.Company with the exception of those obligations that are mandatorily preferred by law and not by contract. Credit Agreement

Appears in 1 contract

Samples: Credit Agreement (Lincoln National Corp)

Obligations to be Pari Passu. The Company's ’s obligations under this Agreement and the Notes each other Credit Document to which it is a party rank pari passu as to priority of payment and in all other respects with all other unsecured and unsubordinated Debt of the Company.

Appears in 1 contract

Samples: Credit Agreement (Lincoln National Corp)

Obligations to be Pari Passu. The Company's ’s obligations under this Agreement and the Notes 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 Company., with the exception of those obligations that are mandatorily preferred by law and not by contract. SECTION 5.12

Appears in 1 contract

Samples: Term Loan Agreement (Brighthouse Financial, Inc.)

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Obligations to be Pari Passu. The Company's ’s obligations under this Agreement and the Notes each other Credit Document to which it is a party rank pari passu as to priority of payment and in all other respects with all other material unsecured and unsubordinated Debt of the Company., with the exception of those obligations that are mandatorily preferred by law and not by contract. SECTION 4.11

Appears in 1 contract

Samples: Term Loan Agreement (Brighthouse Financial, Inc.)

Obligations to be Pari Passu. The Company's ’s obligations under this Agreement and the Notes to which it is a party rank pari passu as to priority of payment and in all other respects with all other unsecured and unsubordinated Debt of the Company.

Appears in 1 contract

Samples: Credit Agreement (Lincoln National Corp)

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