Pari Passu Ranking. The Borrower shall ensure that its payment obligations under the Finance Documents rank and continue to rank at least pari passu with the claims of all of its other unsecured and unsubordinated creditors, except for obligations mandatorily preferred by law applying to companies generally.
Appears in 12 contracts
Samples: Facilities Agreement (WEIBO Corp), Facility Agreement (Melco Resorts & Entertainment LTD), Agreement (Diodes Inc /Del/)
Pari Passu Ranking. The Borrower shall ensure that undertakes its payment obligations under the Finance Documents rank to which it is a party do and continue to will rank at least pari passu with the claims of all of its other present and future unsecured and unsubordinated creditorsobligations, except for obligations mandatorily preferred by law applying to companies generally.
Appears in 10 contracts
Samples: Framework Agreement (Partner Communications Co LTD), Framework Agreement (Partner Communications Co LTD), Framework Agreement (Partner Communications Co LTD)
Pari Passu Ranking. The Borrower shall ensure that its payment obligations under the Finance Documents rank this Contract rank, and continue to rank at least will rank, not less than pari passu in right of payment with the claims of all of its other present and future unsecured and unsubordinated creditors, obligations under any of its debt instruments except for obligations mandatorily preferred by law applying to companies generally.
Appears in 8 contracts
Samples: Agco Corp /De, Agreement (Opgen Inc), Opgen Inc
Pari Passu Ranking. The Borrower shall ensure that its payment obligations at all times any unsecured and unsubordinated claims of the Lender against it under the Finance Documents rank and continue to rank at least pari passu with the claims of all of its other unsecured and unsubordinated creditors, creditors except for obligations those creditors whose claims are mandatorily preferred by law applying laws of general application to companies generallycompanies.
Appears in 6 contracts
Samples: Loan Agreement (NeoGames S.A.), Loan Agreement (NeoGames S.A.), Facility Agreement (Guoren Industrial Developments LTD)
Pari Passu Ranking. The Borrower shall must ensure that its payment obligations under the Finance Documents rank and continue to rank at least pari passu with the claims of all of its other present and future unsecured and unsubordinated creditorspayment obligations, except for obligations mandatorily preferred by law applying to companies generally.
Appears in 6 contracts
Samples: Agreement, Credit Agreement (Seaspan CORP), Agreement (Seaspan CORP)
Pari Passu Ranking. The Borrower shall must ensure that its payment obligations under the Finance Documents rank and continue to rank at least pari passu with the claims of all of its other present and future unsecured and unsubordinated creditorspayment obligations, except for obligations mandatorily preferred by law applying to companies generally.
Appears in 5 contracts
Samples: Confidential Treatment (Sunpower Corp), Agreement (Seaspan CORP), Agreement (PPL Corp)
Pari Passu Ranking. The Borrower shall ensure that its Borrower's payment obligations under the Finance Documents rank and continue to rank at least pari passu with the claims of all of its other unsecured and unsubordinated creditors, except for obligations mandatorily preferred by law applying to companies generally.
Appears in 5 contracts
Samples: Loan Agreement (Ormat Technologies, Inc.), Term Loan Facility Agreement (Far East Energy Corp), Agreement (Hines Global REIT, Inc.)
Pari Passu Ranking. The Each Obligor shall (and the Borrower shall ensure that each other member of the Borrower Group will) ensure that its payment obligations under the Finance Documents rank and continue to rank at all times at least pari passu in right of priority and payment with the claims of all of its other unsecured and unsubordinated creditors, except for obligations mandatorily preferred by applicable law applying and, to companies generallythe extent applicable, obligations under the Commercial Documents.
Appears in 5 contracts
Samples: Restatement Agreement (Las Vegas Sands Corp), Agreement (Las Vegas Sands Corp), Agreement (Las Vegas Sands Corp)
Pari Passu Ranking. The Borrower shall ensure that its payment obligations of the Borrower under the Finance Documents rank and continue to rank at least pari passu with the claims of all of its other unsecured and unsubordinated creditors, except for obligations mandatorily preferred by law applying to companies generally.
Appears in 3 contracts
Samples: Restated Agreement (HCC Insurance Holdings Inc/De/), Restated Agreement (HCC Insurance Holdings Inc/De/), Agreement (HCC Insurance Holdings Inc/De/)
Pari Passu Ranking. The Borrower shall ensure that its payment obligations under the Finance Documents rank this Contract rank, and continue to rank at least will rank, not less than pari passu in right of payment with the claims of all of its other present and future unsecured and unsubordinated creditors, obligations under any of its debt instruments except for obligations mandatorily preferred by law applying to companies units of local government generally.
Appears in 2 contracts
Samples: ah.turku.fi, ah.turku.fi
Pari Passu Ranking. The Borrower shall must ensure that its payment obligations under the Finance Documents rank and continue to at all times rank at least pari passu with the claims of all of its other present and future unsecured and unsubordinated creditorspayment obligations, except for obligations mandatorily preferred by law applying to companies generally.
Appears in 2 contracts
Samples: Facility Agreement (SK Ecoplant Co., Ltd.), Facility Agreement (SK Ecoplant Co., Ltd.)
Pari Passu Ranking. The Each Borrower shall ensure procure that its payment obligations under the Finance Documents rank do and continue to will rank at least pari passu with the claims of all of its other present and future unsecured and unsubordinated creditorspayment obligations, except for obligations which are mandatorily preferred by law applying to companies generally.
Appears in 2 contracts
Samples: Agreement (Entergy London Capital Lp), Agreement (System Energy Resources Inc)
Pari Passu Ranking. The Borrower shall ensure that its Borrowers payment obligations under the Finance Documents rank and continue to rank at least pari passu with the claims of all of its other unsecured and unsubordinated creditors, except for obligations mandatorily preferred by law applying to companies generally.
Appears in 2 contracts
Samples: First Amendment Agreement (Aspen Insurance Holdings LTD), Multicurrency Letter of Credit Facility Agreement (Aspen Insurance Holdings LTD)
Pari Passu Ranking. The Each Borrower shall ensure that its payment obligations under the Finance Documents rank and continue to rank at least pari passu with the claims of all of its other unsecured and unsubordinated creditors, except for obligations mandatorily preferred by law applying to companies generally.
Appears in 2 contracts
Samples: Facility Agreement (Tower Group International, Ltd.), Letter of Credit Facility Agreement (Tower Group International, Ltd.)
Pari Passu Ranking. The Borrower shall ensure that its payment obligations under the Finance Documents rank and continue to at all times rank at least pari passu with the claims of all of its other present and future unsecured and unsubordinated creditorspayment obligations, except for obligations mandatorily preferred by law applying to companies or limited partnerships generally.
Appears in 2 contracts
Samples: Agreement (Mohegan Tribal Gaming Authority), Agreement
Pari Passu Ranking. The Borrower shall ensure that its payment obligations under the Finance Documents rank this Contract rank, and continue to rank at least will rank, not less than pari passu in right of payment with the claims of all of its other present and future unsecured and unsubordinated creditors, obligations under any of its or any Group Company’s debt instruments except for obligations mandatorily preferred by law applying to companies generally.
Appears in 2 contracts
Samples: Inventiva S.A., Cellectis S.A.
Pari Passu Ranking. The Borrower shall ensure that its Borrower's payment obligations under the Finance Documents rank and continue to rank at least pari passu with the claims of all of its other unsecured and unsubordinated creditors, except for obligations mandatorily preferred by law applying to companies generally.
Appears in 2 contracts
Samples: Agreement (Anthracite Capital Inc), Agreement (Anthracite Capital Inc)
Pari Passu Ranking. The Borrower shall ensure that its Each Borrower’s payment obligations under the Finance Documents rank and continue to rank at least pari passu with the claims of all of its other unsecured and unsubordinated creditors, except for obligations mandatorily preferred by law applying to companies generally.
Appears in 1 contract
Samples: Amerisourcebergen Corp
Pari Passu Ranking. The Borrower shall ensure that its payment obligations under based on the Finance Documents rank and continue to will at all times rank at least pari passu with the claims of all of its other current and future, unsecured and unsubordinated creditorspayment obligations, except for obligations mandatorily preferred with respect to those that are required to be given preference by law applying to companies generallyoperation of the generally applicable law.
Appears in 1 contract
Pari Passu Ranking. The Borrower shall ensure that all its payment obligations under the Finance Documents rank and continue to at all times rank at least pari passu with the claims of all of its other present and future unsecured and unsubordinated financial creditors, except for obligations mandatorily preferred by law applying to companies generally.
Appears in 1 contract
Pari Passu Ranking. The Borrower shall ensure that its payment obligations under the Finance Documents rank and continue to rank at least pari passu with the claims of all of its other unsecured and unsubordinated creditors, except for obligations mandatorily preferred by law applying to companies generally..
Appears in 1 contract
Samples: Agreement (Daqo New Energy Corp.)
Pari Passu Ranking. The Borrower shall ensure that its Borrower’s payment obligations under the Finance Documents rank and continue to rank at least pari passu with the claims of all of its other unsecured and unsubordinated creditors, except for obligations mandatorily preferred by mandatory law or principles of equity applying to companies generally.
Appears in 1 contract
Samples: Assignment Agreement (Helix Energy Solutions Group Inc)
Pari Passu Ranking. The Borrower shall ensure that its payment obligations under the Finance Documents rank this Contract rank, and will continue to rank at least rank, not less than pari passu in right of payment with the all other present and future unsecured and unsubordinated obligations under any of its debt instruments and with all present and future claims of all of its other unsecured and unsubordinated creditors, creditors except for obligations mandatorily preferred by law applying to companies generally.
Appears in 1 contract
Samples: Agco Corp /De
Pari Passu Ranking. The Borrower shall ensure that that, subject to the Legal Reservations, its payment obligations under the Finance Documents rank and continue to rank at least pari passu with the claims of all of its other unsecured and unsubordinated creditors, except for obligations mandatorily preferred by law applying to companies generally.
Appears in 1 contract
Samples: TSH Merger Sub (Huang Jianjun)
Pari Passu Ranking. The Borrower shall ensure that its payment obligations under the Finance Documents rank and continue to rank at least pari passu with the claims of all of its other present and future unsecured and unsubordinated creditorspayment obligations, except for obligations mandatorily preferred by law applying to companies generally.
Appears in 1 contract
Pari Passu Ranking. The Borrower shall ensure that at all times its payment obligations under the Finance Documents rank and continue to rank at least pari passu with the claims of all of its other unsecured and unsubordinated creditors, except for obligations mandatorily preferred by law or regulation applying to companies generallygenerally from time to time.
Appears in 1 contract
Samples: Facility Agreement (Cemex Sab De Cv)
Pari Passu Ranking. The Each Borrower shall ensure that its payment obligations under the Finance Documents rank and continue to rank at least pari passu with the claims of all of its other unsecured and unsubordinated creditorspayment obligations, except for obligations mandatorily preferred by law applying to companies generally.
Appears in 1 contract
Samples: Amerisourcebergen Corp
Pari Passu Ranking. The Borrower shall will ensure that its payment obligations under each of the Finance Documents are direct, general and unconditional obligations and to the extent not secured, rank and continue to will at all times rank at least pari passu in right and priority of payment with the claims of all of its other present and future unsecured and unsubordinated creditors, except for indebtedness (actual or contingent) with the exception of any obligations which are mandatorily preferred by law applying to companies generallyand not by contract.
Appears in 1 contract
Pari Passu Ranking. The Borrower shall ensure that its payment obligations under the Finance Documents rank this Contract rank, and continue to rank at least will rank, not less than pari passu in right of payment with the claims of all other present and future secured and unsubordinated obligations under any of its other unsecured and unsubordinated creditors, debt instruments except for obligations mandatorily preferred by law applying to companies generally.
Appears in 1 contract
Samples: Innocoll AG
Pari Passu Ranking. The Borrower shall ensure procure that its payment obligations under and the claims of the Finance Documents rank Parties against it under each Finance Document do and continue to will rank at least pari passu with the claims of all of its other present or future, actual or contingent, unsecured and unsubordinated creditorsobligations, except for obligations those which are mandatorily preferred by applicable law applying or in the exercise of powers under any law applicable to companies generallyit.
Appears in 1 contract
Samples: Agreement (Sesa Sterlite LTD)
Pari Passu Ranking. The (a) Each Borrower shall must ensure that its payment obligations under the Finance Documents rank and continue to rank at least pari passu with the claims of all of its other present and future unsecured and unsubordinated creditorspayment obligations, except for obligations mandatorily preferred by law applying to companies generally.
Appears in 1 contract
Samples: Agreement (Vivendi Universal)
Pari Passu Ranking. The Borrower shall ensure that its payment obligations under the Finance Documents rank do and continue to will rank at least pari passu with the claims of all of its other present and future unsecured and unsubordinated creditorsobligations, except for those obligations mandatorily which are preferred by mandatory law applying to companies generallygenerally in its jurisdictions of incorporation.
Appears in 1 contract
Samples: Agreement (Himalaya Shipping Ltd.)
Pari Passu Ranking. The Borrower shall ensure that its payment obligations under the Finance Documents rank and continue to at all times rank at least pari passu with the claims of all of its other present and future unsecured and unsubordinated creditorspayment obligations, except for obligations mandatorily preferred by law applying to companies generally.
Appears in 1 contract
Pari Passu Ranking. The Borrower shall ensure that its payment obligations under the Finance Documents rank do and continue to will rank at least pari passu with the claims of all of its other present and future unsecured and unsubordinated creditorsobligations, except for those obligations mandatorily which are preferred by mandatory law or principles of equity applying to companies generallygenerally in the jurisdictions of their incorporation or in the jurisdiction in the ports of calls.
Appears in 1 contract
Samples: Assignment Agreement (Helix Energy Solutions Group Inc)
Pari Passu Ranking. The Borrower shall ensure procure that its payment obligations under the Finance Documents rank do and continue to will rank at least pari passu with the claims of all of its other present and future unsecured and unsubordinated creditorsobligations, except for obligations mandatorily preferred by law applying to companies generallylaw.
Appears in 1 contract
Samples: Agreement (Anglogold Ashanti LTD)
Pari Passu Ranking. The Borrower shall ensure procure that its payment obligations under the Finance Documents rank do and continue to will rank at least pari passu with the claims of all of its other present and future unsecured and unsubordinated creditorsobligations (subject to the preference of certain obligations in the liquidation, except for obligations mandatorily preferred bankruptcy or other analogous proceedings in respect of it by law applying to companies generallyoperation of applicable law).
Appears in 1 contract
Pari Passu Ranking. The Borrower shall ensure that its Borrower’s payment obligations under the Finance Transaction Documents rank and continue to rank at least pari passu with the claims of all of its other unsecured and unsubordinated creditors, except for obligations mandatorily preferred by law applying to companies generally.
Appears in 1 contract
Samples: Multicurrency Revolving Facility Agreement (Anthracite Capital Inc)
Pari Passu Ranking. The Borrower shall ensure procure that its payment obligations under the Finance Documents rank do and continue to will rank at least pari passu with the claims of all of its other present and future unsecured and unsubordinated creditorsobligations, except for obligations taxes, national insurance contributions, local or water authority rates and employee remuneration and benefits which are mandatorily preferred by law applying to companies generallygenerally or by the Electricity Xxx 0000.
Appears in 1 contract
Pari Passu Ranking. The Borrower shall ensure that its Borrower's payment obligations under the Finance Documents rank and continue to rank at least pari passu with the claims of all of its other unsecured and unsubordinated creditors, except for obligations mandatorily preferred by law applying to companies generally.
Appears in 1 contract
Samples: Agreement (Daqo New Energy Corp.)
Pari Passu Ranking. The Borrower shall ensure that its payment obligations under the Finance Documents rank and continue to will rank at least pari passu with the claims of all of its other unsecured and unsubordinated creditors, except for obligations mandatorily preferred by law applying to companies generally.
Appears in 1 contract
Samples: Credit Facility Agreement (Mercer International Inc.)
Pari Passu Ranking. The Borrower shall ensure that its Borrower’s payment obligations under the Finance Documents rank and continue to Agreement rank at least pari passu with the claims of all of its other present and future unsecured and unsubordinated creditorspayment obligations, except for obligations mandatorily preferred by law applying to companies generallyapplicable law.
Appears in 1 contract
Samples: Agreement (Open Joint Stock Co Vimpel Communications)
Pari Passu Ranking. The Borrower shall ensure that its Borrower’s payment obligations under the Finance Documents rank and continue to rank at least not less than pari passu in right of payment with the claims of all of its other present and future unsecured and unsubordinated creditors, obligations under any of its debt instruments except for obligations mandatorily preferred by law applying to companies generally.
Appears in 1 contract
Samples: Agreement (Tim Participacoes Sa)
Pari Passu Ranking. The Borrower shall ensure that its payment obligations under the Finance Documents rank do and continue to will rank at least pari passu with the claims of all of its other present and future unsecured and unsubordinated creditorsobligations, except for those obligations mandatorily which are preferred by mandatory law applying to international shipping companies generally.generally in the jurisdictions of its incorporation or in the jurisdiction in the ports of calls
Appears in 1 contract
Samples: Assignment Agreement (Nordic American Tanker Shipping LTD)
Pari Passu Ranking. The Borrower shall ensure that its payment obligations of each Borrower under the Finance Documents rank and continue to rank at least pari passu with the all other present and future claims of all of its other unsecured and unsubordinated creditors, except for obligations mandatorily preferred by law applying to companies generally.
Appears in 1 contract
Pari Passu Ranking. The Borrower shall ensure that its payment obligations under the Finance Documents rank and continue to rank at all times at least pari passu in right of priority and payment with the claims of all of its other unsecured and unsubordinated creditors, except for obligations mandatorily preferred applied by law applying to companies generally.
Appears in 1 contract
Samples: Vantage Drilling CO
Pari Passu Ranking. The Borrower shall must ensure that its payment obligations under the Finance Documents rank and continue to at all times rank at least pari passu with the claims of all of its other unsecured and unsubordinated creditors, except for obligations mandatorily preferred by law applying to companies generally.
Appears in 1 contract
Samples: Facility Agreement
Pari Passu Ranking. The Borrower shall ensure that its payment obligations under the Finance Transaction Documents rank and continue to at all times rank at least pari passu with the claims of all of its other present and future unsecured and unsubordinated creditorspayment obligations, except for obligations mandatorily preferred by law applying to companies generally.
Appears in 1 contract
Pari Passu Ranking. The Borrower shall ensure that its payment obligations under the Finance Documents rank this Contract rank, and continue to rank at least will rank, not less than pari passu in right of payment with the claims of all of its other present and future unsecured and unsubordinated creditors, obligations under any of its debt instruments except for obligations mandatorily preferred by law applying to companies generallylaw.
Appears in 1 contract
Samples: www.msk.cz