Priority of Obligations. Unless expressly permitted under the terms of the Loan Documents, the Obligations constitute unsubordinated obligations of the Obligors, and except for any obligations which have priority under applicable Law, rank at least pari passu in right of payment with all other unsubordinated Indebtedness of the Obligors.
Appears in 3 contracts
Samples: Credit Agreement and Guaranty (Harrow, Inc.), Credit Agreement (Harrow Health, Inc.), Credit Agreement (Harrow Health, Inc.)
Priority of Obligations. Unless expressly permitted under the terms of the Loan Documents, the The Obligations constitute unconditional and unsubordinated general obligations of the Obligors, Borrower and except for any obligations which have priority under applicable Law, rank at least pari passu in right priority of payment with all other unsecured and unsubordinated Indebtedness of the ObligorsBorrower.
Appears in 2 contracts
Samples: Senior Secured Loan Agreement, Senior Secured Loan Agreement (PCT LLC)
Priority of Obligations. Unless expressly otherwise permitted under the terms of the Loan Documents, the Obligations constitute unsubordinated obligations of the Obligors, and except for any obligations which have priority under applicable Law, rank at least pari passu in right of payment with all other unsubordinated Indebtedness of the Obligors.
Appears in 1 contract
Samples: Credit Agreement (Establishment Labs Holdings Inc.)
