Common use of Other Bank Facilities Clause in Contracts

Other Bank Facilities. The Authority shall not enter into or become liable under any other Bank Agreements in connection with the Authority’s general obligation debt unless the obligations to the Bank under this Agreement and the Bank Note are at least pari passu with the obligations under the other bank facility, both in right of payment and with respect to any lien on or pledge.

Other Bank Facilities. The Authority shall not enter into or become liable under any other Bank Agreements in connection with the Authority’s general obligation debt Lease unless the obligations to the Bank under this Agreement and the Bank Note are at least pari passu with the obligations under the other bank facility, both in right of payment and with respect to any lien on or pledge.

Other Bank Facilities. The Authority shall not enter into or become liable under any other Bank Agreements Agreement in connection with the Authority’s general obligation debt unless the obligations to the Bank under this Agreement and the Bank Revolving Note and the Term Note are at least pari passu with the obligations under the other bank facility, both in right of payment and with respect to any lien on or pledge.