Common use of Parallel Debt Clause in Contracts

Parallel Debt. (a) Each Loan Party hereby irrevocably and unconditionally undertakes to pay to the Collateral Agent amounts equal to the amounts due in respect of the Corresponding Obligations as they may exist from time to time. The payment undertakings of each Loan Party under this Section 10.16 are each to be referred to as a “Parallel Debt”.

Parallel Debt. (a) Each Loan Party hereby irrevocably and unconditionally undertakes to pay to the Collateral Agent amounts equal to the amounts due in respect of the its Corresponding Obligations as they may exist from time to time. The payment undertakings of time (each Loan Party under this Section 10.16 are each to be referred to as a “Parallel Debt”).

Parallel Debt. (a) Each Loan Party hereby irrevocably and unconditionally undertakes to pay to the Collateral Agent amounts equal to the amounts due in respect of the its Corresponding Obligations as they may exist from time to time. The payment undertakings of time (each Loan Party under this Section 10.16 are each to be referred to as a “Parallel Debt”). Each Parallel Debt will become due and payable at the same time as the relevant Corresponding Obligation becomes due and payable.

Parallel Debt. (a) Each Loan Credit Party hereby irrevocably and unconditionally undertakes to pay to the Collateral Agent amounts an amount equal to the amounts aggregate amount due in respect of the Corresponding Obligations as they may exist from time to time. The payment undertakings undertaking of each Loan Party of the Credit Parties under this Section 10.16 are each 8.19(a) is to be referred to as a “Parallel Debt”.

Parallel Debt. (a) Each Loan Party hereby irrevocably and unconditionally undertakes to pay to the Collateral Agent amounts equal to the amounts due in respect of the Corresponding Obligations (as defined hereafter) as they may exist from time to time. The payment undertakings of each Loan Party under this Section 10.16 paragraph are each to be referred to as a “Parallel Debt”.

Parallel Debt. (a) Each Loan Party hereby irrevocably and unconditionally undertakes covenants in favor of the Collateral Agent to pay to the Collateral Agent amounts equal to (the amounts due in respect of the Corresponding Obligations as they may exist from time to time. The payment undertakings of each Loan Party under this Section 10.16 are each to be referred to as a “Parallel Debt”) equal to any amounts owing from time to time by that Loan Party to any Secured Party under any Loan Document (the “Original Debt”) as and when the Original Debt falls due for payment.

Parallel Debt. (a) Each Loan Credit Party hereby irrevocably and unconditionally undertakes to pay (each such payment undertaking, a “Parallel Debt”) to the Collateral Agent amounts equal to the amounts due by that Credit Party in respect of the its Corresponding Obligations as they may exist from time to time. The payment undertakings of each Loan Party under this Section 10.16 are each to be referred to as a “Parallel Debt”.

Parallel Debt. (a) Each Loan Party hereby irrevocably and unconditionally undertakes to pay to the Collateral Agent amounts as a separate and independent obligation an amount equal to the amounts due total amount owed from time to time by such Loan Party to any Secured Party in respect of the Corresponding its Principal Obligations as they may exist from time to time. The payment undertakings undertaking of each Loan Party to the Agent under this Section 10.16 are each to be 12.15.1 is hereinafter referred to as a “"Parallel Debt”". Each Parallel Debt will be payable in the currency or currencies of the relevant Principal Obligations.

Parallel Debt. (a) Each Loan Party Party, by way of an independent payment obligation, hereby irrevocably and unconditionally undertakes to pay to the Collateral Agent amounts Agent, as creditor in its own right and not as representative of the Lenders, sums equal to and in the amounts currency of each amount payable by such Loan Party to the Lenders under the Obligations as and when that amount falls due in respect for payment under the Obligations. The parties to this Agreement acknowledge and confirm that the parallel debt provisions contained herein shall not be interpreted so as to increase the maximum total amount of the Corresponding Obligations as they may exist from time to time. The payment undertakings of each Loan Party obligations under this Section 10.16 are each to be referred to as a “Parallel Debt”the Obligations.

Parallel Debt. (a) Each Notwithstanding any other provision of any Loan Document, each Loan Party hereby irrevocably and unconditionally undertakes to pay to the Collateral Agent amounts equal to to, and in the amounts due in respect of currency or currencies of, the Corresponding Obligations as they may exist from time to time. The payment undertakings of each Loan Party under this Section 10.16 are each to be referred to as a “Parallel Debt”Secured Obligations.

Parallel Debt. (a) Each Loan Party hereby irrevocably and unconditionally undertakes to pay to the Collateral Administrative Agent amounts an amount equal to the amounts due in respect aggregate amount of the its Corresponding Obligations Debts (as they these may exist from time to time). The payment undertakings undertaking of each Loan Party under this Section 10.16 are each to be 10.18 is referred to herein as a “Parallel Debt”.

Parallel Debt. (a) Each of the Loan Party Parties hereby irrevocably and unconditionally undertakes to pay to the Collateral Agent amounts an amount equal to the amounts due aggregate amount payable by such Loan Party in respect of the its Corresponding Obligations as they may exist from time to time. The payment undertakings of time (each Loan Party under this Section 10.16 are each to be referred to as a “Parallel DebtDebt Obligation”). Each Parallel Debt Obligation will be payable in the currency or currencies of the relevant Corresponding Obligations.