Common use of Prior Payment of Guaranteed Obligations Clause in Contracts

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

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

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

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

Prior Payment of Guaranteed Obligations. In any proceeding under any Debtor Relief Law relating to any other Loan Party, the each Guarantor agrees that the Secured 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 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.

Prior Payment of Guaranteed Obligations. In any proceeding under any Debtor Relief Law Laws relating to any other Loan Party, the each Guarantor agrees that the 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 Debtor Relief LawLaws, whether or not constituting an allowed claim in such proceeding (“Post-Post Petition Interest”)) before the such Guarantor receives payment of any Subordinated ObligationsObligations held by it.

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

Prior Payment of Guaranteed Obligations. In any proceeding under any Debtor BankruptcyDebtor Relief Law relating to any other Loan Party, the each Guarantor agrees that the Secured 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 Debtor BankruptcyDebtor Relief Law, whether or not constituting an allowed claim in such proceeding (“Post-Petition Interest”)) before the such Guarantor receives payment of any Subordinated Obligations.

Prior Payment of Guaranteed Obligations. In any proceeding under any Debtor Relief Bankruptcy Law relating to any other Loan Party, the each Subsidiary Guarantor agrees that the Secured 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 Debtor Relief Bankruptcy Law, whether or not constituting an allowed claim in such proceeding (“Post-Post Petition Interest”)) before the such Subsidiary Guarantor receives payment of any Subordinated Obligations.

Prior Payment of Guaranteed Obligations. In any proceeding under any Debtor Relief Law relating to any other Loan PartyParty or Guarantor, the each Guarantor agrees that the 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 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.