Common use of Pari Passu Obligation Clause in Contracts

Pari Passu Obligation. The obligations of the Guarantor hereunder shall be at least pari passu with its obligations in connection with any other senior indebtedness or obligation incurred by the Guarantor.

Appears in 9 contracts

Samples: Subsidiary Guaranty Agreement (Fibernet Telecom Group Inc\), Guaranty Agreement (Fibernet Telecom Group Inc\), Subsidiary Guaranty Agreement (Fibernet Telecom Group Inc\)

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Pari Passu Obligation. The obligations of the each Guarantor hereunder shall be at least pari passu with its obligations in connection with any other senior indebtedness or obligation incurred by the each Guarantor.

Appears in 3 contracts

Samples: Credit Agreement (Switch & Data, Inc.), Credit Agreement (Switch & Data, Inc.), Credit Agreement (Switch & Data Facilities Company, Inc.)

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