Common use of Prior Payment of Guaranteed Obligations Clause in Contracts

Prior Payment of Guaranteed Obligations. In any proceeding under any Bankruptcy Law relating to any other Loan Party, the Guarantor agrees that the Agent and the Lenders shall be entitled to receive payment in full in cash of all Guaranteed Obligations (including all interest and expenses accruing after the commencement of a proceeding under any Bankruptcy Law, whether or not constituting an allowed claim in such proceeding ("Post Petition Interest")) before the Guarantor receives payment of any Subordinated Obligations.

Appears in 8 contracts

Samples: Year Credit Agreement (Omnicom Group Inc), Year Credit Agreement (Omnicom Group Inc), Day Credit Agreement (Omnicom Group Inc)

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Prior Payment of Guaranteed Obligations. In any proceeding under any Bankruptcy Law relating to any other Loan Party, the each Guarantor agrees that the Administrative Agent and the Lenders Lender Parties shall be entitled to receive payment in full in cash of all Guaranteed Obligations (including all interest and expenses accruing after the commencement of a proceeding under any Bankruptcy Law, whether or not constituting an allowed claim in such proceeding ("Post Petition Interest")) before the such Guarantor receives payment of any Subordinated Obligations.

Appears in 8 contracts

Samples: Credit Agreement (Easterly Government Properties, Inc.), Credit Agreement (Easterly Government Properties, Inc.), Credit Agreement (Easterly Government Properties, Inc.)

Prior Payment of Guaranteed Obligations. In any proceeding under any Bankruptcy Law relating to any other Loan Party, the each Guarantor agrees that the Administrative Agent and the Lenders shall be entitled to receive payment in full in cash of all Guaranteed Obligations (including all interest and expenses accruing after the commencement of a proceeding under any Bankruptcy Law, whether or not constituting an allowed claim in such proceeding ("Post Petition Interest")) before the such Guarantor receives payment of any Subordinated Obligations.

Appears in 7 contracts

Samples: Term Loan Agreement (Easterly Government Properties, Inc.), Term Loan Agreement (Easterly Government Properties, Inc.), Term Loan Agreement (Easterly Government Properties, Inc.)

Prior Payment of Guaranteed Obligations. In any proceeding under any Bankruptcy Law relating to any other Loan Party, the each Guarantor agrees that the Agent and the Lenders shall be entitled to receive payment in full in cash of all Guaranteed Obligations (including all interest and expenses accruing after the commencement of a proceeding under any Bankruptcy Law, whether or not constituting an allowed claim in such proceeding ("Post Petition Interest")) before the such Guarantor receives payment of any Subordinated Obligations.

Appears in 7 contracts

Samples: Credit Agreement (Packaging Corp of America), Credit Agreement (Packaging Corp of America), Credit Agreement (Packaging Corp of America)

Prior Payment of Guaranteed Obligations. In any proceeding under any Bankruptcy Law relating to any other Loan Party, the Guarantor agrees that the Agent and the Lenders shall be entitled to receive payment in full in cash of all Guaranteed Obligations (including all interest and expenses accruing after the commencement of a proceeding under any Bankruptcy Law, whether or not constituting an allowed claim in such proceeding ("Post Petition Interest")) before the Guarantor receives payment of any Subordinated Obligations.

Appears in 6 contracts

Samples: Assignment and Assumption (Omnicom Group Inc.), Day Credit Agreement (Omnicom Group Inc.), Five Year Credit Agreement (Omnicom Group Inc.)

Prior Payment of Guaranteed Obligations. In any proceeding under any Bankruptcy Law relating to any other Loan Party, the each Guarantor agrees that the Administrative Agent and the Lenders other Secured Parties shall be entitled to receive payment in full in cash of all Guaranteed Obligations (including all interest and expenses accruing after the commencement of a proceeding under any Bankruptcy Law, whether or not constituting an allowed claim in such proceeding ("Post Petition Interest")) before the such Guarantor receives payment of any Subordinated Obligations.

Appears in 4 contracts

Samples: Credit Agreement (Alliance Resource Partners Lp), Security Agreement (Alliance Resource Partners Lp), Security Agreement (Alliance Holdings GP, L.P.)

Prior Payment of Guaranteed Obligations. In any proceeding under any Bankruptcy Law relating to any other Loan Party, the each Guarantor agrees that the Agent Administrative Agent, the Lenders and the Lenders Hedge Banks shall be entitled to receive payment in full in cash of all Guaranteed Obligations (including all interest and expenses accruing after the commencement of a proceeding under any Bankruptcy Law, whether or not constituting an allowed claim in such proceeding ("Post Petition Interest")) before the such Guarantor receives payment of any Subordinated Obligations.

Appears in 4 contracts

Samples: Term Loan Agreement (Hersha Hospitality Trust), Term Loan Agreement (Hersha Hospitality Trust), Term Loan Agreement (Hersha Hospitality Trust)

Prior Payment of Guaranteed Obligations. In any proceeding under any Bankruptcy Law relating to any other Loan Party, the each Guarantor agrees that the Agent Administrative Agent, the Lender Parties and the Lenders Hedge Banks shall be entitled to receive payment in full in cash of all Guaranteed Obligations (including all interest and expenses accruing after the commencement of a proceeding under any Bankruptcy Law, whether or not constituting an allowed claim in such proceeding ("Post Petition Interest")) before the such Guarantor receives payment of any Subordinated Obligations.

Appears in 3 contracts

Samples: Credit Agreement (Hersha Hospitality Trust), Credit Agreement (Hersha Hospitality Trust), Credit Agreement (Hersha Hospitality Trust)

Prior Payment of Guaranteed Obligations. In any proceeding under any Bankruptcy Law relating to any other Loan Party, the each Guarantor agrees that the Agent Agents and the Lenders Lender Parties shall be entitled to receive payment in full in cash of all Guaranteed Obligations (including all interest and expenses accruing after the commencement of a proceeding under any Bankruptcy Law, whether or not constituting an allowed claim in such proceeding ("Post “Post-Petition Interest")) before the such Guarantor receives payment of any Subordinated Obligations.

Appears in 2 contracts

Samples: First Lien Credit Agreement (Berliner Communications Inc), Credit Agreement (Trump Entertainment Resorts Holdings Lp)

Prior Payment of Guaranteed Obligations. In any proceeding under any Bankruptcy Law relating to any other Loan Party, the each Guarantor agrees that the Administrative Agent and the Lenders other Lender Parties shall be entitled to receive payment in full in cash of all Guaranteed Obligations (including all interest and expenses accruing after the commencement of a proceeding under any Bankruptcy Law, whether or not constituting an allowed claim in such proceeding ("Post Petition Interest")) before the such Guarantor receives payment of any Subordinated Obligations.

Appears in 2 contracts

Samples: Credit Agreement (American Campus Communities Operating Partnership LP), Credit Agreement (American Campus Communities Operating Partnership LP)

Prior Payment of Guaranteed Obligations. In any proceeding under any Bankruptcy Law relating to any other Loan Party, the each Guarantor agrees that the Administrative Agent and the Lenders other Lender Parties shall be entitled to receive payment in full in cash of all Guaranteed Obligations (including all interest and expenses accruing after the commencement of a proceeding under any Bankruptcy Law, whether or not constituting an allowed claim in such proceeding ("Post Petition Interest")) before the such Guarantor receives payment of any Subordinated Obligations.

Appears in 2 contracts

Samples: Credit Agreement (American Campus Communities Inc), Credit Agreement (American Campus Communities Inc)

Prior Payment of Guaranteed Obligations. In any proceeding under any Bankruptcy Law relating to any other such Borrower, such Loan Party, the Guarantor Party agrees that the Agent and the Lenders shall be entitled to receive payment in full in cash of all Guaranteed Obligations (including all interest and expenses accruing after the commencement of a proceeding under any Bankruptcy Law, whether or not constituting an allowed claim in such proceeding ("Post Petition Interest")) before the Guarantor such Loan Party receives payment of any Subordinated Obligations.

Appears in 2 contracts

Samples: Credit Agreement (Cooper Industries PLC), Credit Agreement (Cooper Industries PLC)

Prior Payment of Guaranteed Obligations. In any proceeding under any Bankruptcy Law relating to any other such Loan Party, the each Guarantor agrees that the Agent and the Lenders shall be entitled to receive payment in full in cash of all Guaranteed Obligations (including all interest and expenses accruing after the commencement of a proceeding under any Bankruptcy Law, whether or not constituting an allowed claim in such proceeding ("Post Petition Interest")) before the such Guarantor receives payment of any Subordinated Obligations.

Appears in 2 contracts

Samples: Credit Agreement (Chemtura CORP), Credit Agreement (Chemtura CORP)

Prior Payment of Guaranteed Obligations. In any proceeding under any Bankruptcy Law relating to any other Loan Party, the each Subsidiary Guarantor agrees that the Agent Agents and the Lenders Lender Parties shall be entitled to receive payment in full in cash of all Guaranteed Obligations (including all interest and expenses accruing after the commencement of a proceeding under any Bankruptcy Law, whether or not constituting an allowed claim in such proceeding ("Post Petition InterestPOST-PETITION INTEREST")) before the such Subsidiary Guarantor receives payment of any Subordinated Obligations.

Appears in 1 contract

Samples: Senior Revolving Credit Agreement (Adams Respiratory Therapeutics, Inc.)

Prior Payment of Guaranteed Obligations. In any proceeding under any Bankruptcy Law relating to any other Loan Party, the each Guarantor agrees that the Agent Agents and the Second Lien Lenders shall be entitled to receive payment in full in cash of all Guaranteed Obligations (including all interest and expenses accruing after the commencement of a proceeding under any Bankruptcy Law, whether or not constituting an allowed claim in such proceeding ("Post “Post-Petition Interest")) before the such Guarantor receives payment of any Subordinated Obligations.

Appears in 1 contract

Samples: Term Loan Agreement (Berliner Communications Inc)

Prior Payment of Guaranteed Obligations. In any proceeding under any Bankruptcy Law bankruptcy law relating to any other Loan Party, the each Guarantor agrees that the Collateral Agent and the Lenders Buyers shall be entitled to receive payment in full in cash of all Guaranteed Obligations (including all interest and expenses accruing after the commencement of a proceeding under any Bankruptcy Lawbankruptcy law, whether or not constituting an allowed claim in such proceeding ("Post Petition Interest")) before the such Guarantor receives payment of any Subordinated Obligations.

Appears in 1 contract

Samples: Guaranty (Digital Domain Media Group, Inc.)

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Prior Payment of Guaranteed Obligations. In any proceeding under any Bankruptcy Law relating to any other Loan the Account Party, the Guarantor agrees that the Agent and the Lenders shall be entitled to receive payment in full in cash of all Guaranteed Obligations (including all interest and expenses accruing after the commencement of a proceeding under any Bankruptcy Law, whether or not constituting an allowed claim in such proceeding ("Post Petition Interest")) before the Guarantor receives payment of any Subordinated Obligations.

Appears in 1 contract

Samples: Metlife Inc

Prior Payment of Guaranteed Obligations. In any proceeding under any Bankruptcy Law relating to any other Loan Party, the each Guarantor agrees that the Administrative Agent and the Lenders shall be entitled to receive payment in full in cash of all Guaranteed Obligations (including all interest and expenses accruing after the commencement of a proceeding under any Bankruptcy Law, whether or not constituting an allowed claim in such proceeding ("Post Petition Interest")) before the such Guarantor receives payment of any Subordinated Obligations.

Appears in 1 contract

Samples: Term Loan Agreement (Alliance Resource Partners Lp)

Prior Payment of Guaranteed Obligations. In any proceeding under any Bankruptcy Law relating to any other Loan Party, the each Guarantor agrees that the Agent Administrative Agent, the Lender Parties and the Lenders Hedge Banks shall be entitled to receive payment in full in cash of all Guaranteed Obligations (including 98 all interest and expenses accruing after the commencement of a proceeding under any Bankruptcy Law, whether or not constituting an allowed claim in such proceeding ("Post Petition Interest")) before the such Guarantor receives payment of any Subordinated Obligations.

Appears in 1 contract

Samples: Credit Agreement (Hersha Hospitality Trust)

Prior Payment of Guaranteed Obligations. In any proceeding under any Bankruptcy Law relating to any other Loan Party, the each Guarantor agrees that the Administrative Agent and the Lenders other Lender Parties shall be entitled to receive payment in full in cash of all Guaranteed Obligations (including all interest and expenses accruing after the commencement of a proceeding under any Bankruptcy Law, whether or not constituting an allowed claim in such proceeding ("Post Petition Interest")) before the such Guarantor receives payment of any Subordinated Obligations.

Appears in 1 contract

Samples: Credit Agreement (American Campus Communities Inc)

Prior Payment of Guaranteed Obligations. In any proceeding under any Bankruptcy Law relating to any other Loan Party, the each Guarantor agrees that the Agent Administrative Agent, the Lender Parties and the Lenders Hedge Banks shall be entitled to receive payment in full in cash of all Guaranteed Obligations (including all interest Annex A - 97 and expenses accruing after the commencement of a proceeding under any Bankruptcy Law, whether or not constituting an allowed claim in such proceeding ("Post Petition Interest")) before the such Guarantor receives payment of any Subordinated Obligations.

Appears in 1 contract

Samples: Credit Agreement (Hersha Hospitality Trust)

Prior Payment of Guaranteed Obligations. In any proceeding under any Bankruptcy Law relating to any other Loan Partythe Borrower, the Guarantor agrees that the Administrative Agent and the Lenders shall be entitled to receive payment in full in cash of all Guaranteed Obligations (including all interest and expenses accruing after the commencement of a proceeding under any Bankruptcy Law, whether or not constituting an allowed claim in such proceeding ("Post Petition Interest")) before the Guarantor receives payment of any Subordinated Obligations.

Appears in 1 contract

Samples: Credit Agreement (Teva Pharmaceutical Industries LTD)

Prior Payment of Guaranteed Obligations. In any proceeding under any Bankruptcy Law relating to any other Loan Party, the each Guarantor agrees that the Agent Agents and the Lenders Lender Parties shall be entitled to receive payment in full in cash of all Guaranteed Obligations (including all interest and expenses accruing after the commencement of a proceeding under any Bankruptcy Law, whether or not constituting an allowed claim in such proceeding ("Post Petition Interest"“POST-PETITION INTEREST”)) before the such Guarantor receives payment of any Subordinated Obligations.

Appears in 1 contract

Samples: Credit Agreement (Trump Entertainment Resorts, Inc.)

Prior Payment of Guaranteed Obligations. In any proceeding under any Bankruptcy Debtor Relief Law relating to any other Loan Party, the each Guarantor agrees that the Administrative Agent and the Lenders shall be entitled to receive payment in full in cash of all Guaranteed Obligations (including all interest and expenses accruing after the commencement of a proceeding under any Bankruptcy Debtor Relief Law, whether or not constituting an allowed claim in such proceeding ("Post “Post-Petition Interest")) before the such Guarantor receives payment of any Subordinated Obligations.

Appears in 1 contract

Samples: Credit Agreement (Olin Corp)

Prior Payment of Guaranteed Obligations. In any proceeding under any Bankruptcy Law relating to any other Loan Party, the each Guarantor agrees that the Agent and the Lenders Lender shall be entitled to receive payment in full in cash of all Guaranteed Obligations (including all interest and expenses accruing after the commencement of a proceeding under any Bankruptcy Law, whether or not constituting an allowed claim in such proceeding ("Post Petition Interest")) before the such Guarantor receives payment of any Subordinated Obligations.

Appears in 1 contract

Samples: Credit Agreement (Fox Entertainment Group Inc)

Prior Payment of Guaranteed Obligations. In any proceeding under any Bankruptcy Law relating to any other Loan Party, the each Guarantor agrees that the Agent Agents and the Lenders Lender Parties shall be entitled to receive payment in full in cash of all Guaranteed Obligations (including all interest and expenses accruing after the commencement of a proceeding under any Bankruptcy Law, whether or not constituting an allowed claim in such proceeding ("Post Petition InterestPOST-PETITION INTEREST")) before the such Guarantor receives payment of any Subordinated Obligations.

Appears in 1 contract

Samples: Credit Agreement (Trump Entertainment Resorts Holdings Lp)

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