Common use of Pari Passu Obligations Clause in Contracts

Pari Passu Obligations. The Contributor’s obligation to make the Required Equity Contribution as required hereunder ranks, according to its terms, at least pari passu with the Contributor’s obligations under its outstanding senior unsecured Debt.

Appears in 6 contracts

Samples: Equity Contribution Agreement (Bloom Energy Corp), Equity Contribution Agreement, Equity Contribution Agreement (Bloom Energy Corp)

AutoNDA by SimpleDocs

Pari Passu Obligations. The Contributor’s 's obligation to make the Required Equity Contribution Contributions as required hereunder ranks, according to its terms, at least pari passu with the Contributor’s 's obligations under its outstanding senior unsecured DebtIndebtedness.

Appears in 1 contract

Samples: Equity Contribution Agreement (Midamerican Energy Holdings Co /New/)

AutoNDA by SimpleDocs

Pari Passu Obligations. The Contributor’s obligation to make the Required Equity Contribution Contributions as required hereunder ranks, according to its terms, at least pari passu with the Contributor’s obligations under its outstanding senior unsecured DebtIndebtedness.

Appears in 1 contract

Samples: Equity Contribution Agreement (Midamerican Energy Holdings Co /New/)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!