Common use of Pari Passu Status Clause in Contracts

Pari Passu Status. The Borrower will ensure the claims and rights of the Lenders against it under this Agreement and each other Loan Document will not be subordinate to, and will rank at all times at least pari passu with, all other unsecured Debt of the Borrower. The Borrower will not amend, modify or supplement the Indentures or the Senior Notes in any manner that would make them materially more onerous to the Borrower than the provisions of this Agreement and the Notes as in effect from time to time.

Pari Passu Status. The Borrower will ensure that the claims and rights of the Lenders against it under this Agreement and each other Loan Document will not be subordinate to, and will rank at all times at least pari passu with, all other unsecured Debt of Indebtedness including the Borrower's Senior Notes. The Borrower will not amend, modify or supplement any Note Purchase Agreements, the Indentures or the Senior Notes in any manner that which would make them materially more onerous to the Borrower than the provisions of this Agreement and the Notes as in effect from time to time.

Pari Passu Status. The Borrower will ensure that the claims and rights of the Lenders against it under this Agreement and each other Loan Document will not be subordinate to, and will rank at all times at least pari passu with, all other unsecured Debt Indebtedness of the Borrower. The Borrower will not amend, modify or supplement the Indentures any credit agreement, notes or the Senior Notes other document relating to its Indebtedness in any manner that which would make them materially more onerous to the Borrower than the provisions of this Agreement and the Notes as in effect from time to time.

Pari Passu Status. The Borrower will ensure that the claims and rights of the Lenders against it under this Agreement and each other Loan Document will not be subordinate to, and will rank at all times at least pari passu with, all other unsecured Debt of Indebtedness including the Borrower's Senior Notes. The Borrower will not amend, modify or supplement the Indentures any Note Purchase Agreements or the Senior Notes in any manner that which would make them materially more onerous to the Borrower than the provisions of this Agreement and the Notes as in effect from time to time.