Common use of Priority of Obligations Clause in Contracts

Priority of Obligations. The Company will ensure that its payment obligations under this Agreement and the Notes will at all times rank at least pari passu, without preference or priority, with all other unsecured and unsubordinated Indebtedness of the Company.

Priority of Obligations. The Company will ensure that that, at all times, its payment obligations under this Agreement and the Notes will at all times rank at least pari passu, without preference or priority, with all other unsecured and unsubordinated Indebtedness of the Company, except for Indebtedness preferred by operation of law.

Priority of Obligations. The Company will ensure that its payment obligations under this Agreement and the Notes will at all times rank at least pari passu, without preference or priority, with all other unsecured and unsubordinated Indebtedness of the Company, except for any such Indebtedness preferred by operation of law.

Priority of Obligations. The Company will ensure that its payment obligations under this Agreement and the Notes will at all times rank at least pari passu, without preference or priority, with all other senior unsecured and unsubordinated Indebtedness of the Company.

Priority of Obligations. The Company will ensure agrees that its payment the Company’s obligations under this Agreement Agreement, the Other Agreements and the Notes will at all times rank at least pari passu, without preference or priority, with all other of the outstanding unsecured and unsubordinated Indebtedness for Money Borrowed of the Company.

Priority of Obligations. The Company will ensure that its payment obligations under this Agreement and the Notes will at all times rank at least pari passu, without preference or priority, with all other senior unsecured and unsubordinated Indebtedness of the Company.

Priority of Obligations. The Company will ensure that its Company’s payment obligations under this Agreement and the Notes will at all times will, upon issuance of the Notes, rank at least pari passupassu in right of payment, without preference or priority, with all other unsecured and unsubordinated Indebtedness of the Company.

Priority of Obligations. The Company will ensure that its payment obligations under this Agreement and the Notes will at all times rank at least pari passu, without preference or priority, with all other unsecured and unsubordinated Indebtedness of the Company, with the exception of any obligations which are mandatorily preferred by Law and not by contract.

Priority of Obligations. The Company will ensure that (i) its payment obligations under this Agreement and the Notes will at all times rank at least pari passu, without preference or priority, with all other unsecured and unsubordinated Indebtedness Debt of the CompanyCompany and (ii) each Guarantors’ payment obligations under this Agreement will at all times rank at least pari passu, without preference or priority, with all other unsecured and unsubordinated Debt of such Guarantor.

Priority of Obligations. The Company will ensure that its payment obligations under this Agreement and the Notes will at all times constitute direct, unconditional, unsubordinated and secured obligations of the Company and rank at least pari passu, without preference or priority, passu in priority of payment and in all other respects with all other unsecured and unsubordinated Indebtedness of the Company, and the Company will ensure that its payment obligations under this Agreement and the Notes will at all times rank senior to all Indebtedness other than other Senior Indebtedness.

Priority of Obligations. The Company will ensure that its payment obligations under this Agreement and the Notes will at all times rank at least pari passu, without preference or priority, with all other unsecured and unsubordinated Indebtedness Indebtedness16 of the Company. [Add other affirmative covenants as negotiated.]