Common use of Pari Passu Status Clause in Contracts

Pari Passu Status. The Obligations of such Loan Party to the Lenders under the Loan Documents will at all times rank at least pari passu in priority of payment with all of such Loan Party’s other unsecured Indebtedness.

Appears in 3 contracts

Samples: Credit Agreement (Reinsurance Group of America Inc), Credit Agreement (Reinsurance Group of America Inc), Credit Agreement (Reinsurance Group of America Inc)

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Pari Passu Status. The Obligations of such Loan Credit Party to the Lenders Lender under the Loan Facility Documents will at all times rank at least pari passu in priority of payment with all of such Loan Credit Party’s other unsecured Indebtedness.

Appears in 1 contract

Samples: Letter of Credit Reimbursement Agreement (Reinsurance Group of America Inc)

Pari Passu Status. The Obligations of such Loan Credit Party to the Lenders Participant Banks under the Loan Facility Documents will at all times rank at least pari passu in priority of payment with all of such Loan Credit Party’s other unsecured Indebtedness.

Appears in 1 contract

Samples: Letter of Credit Reimbursement Agreement (Reinsurance Group of America Inc)

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Pari Passu Status. The Obligations Loans and other obligations of such Loan Account Party to the Lenders Banks under the Loan Documents will at all times rank at least pari passu in priority of payment with all of such Loan Account Party’s other unsecured Indebtedness.

Appears in 1 contract

Samples: Credit Agreement (Reinsurance Group of America Inc)

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