Priority of Obligations. 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 11 contracts
Samples: Credit Agreement (BioXcel Therapeutics, Inc.), Credit Agreement (Fractyl Health, Inc.), Credit Agreement (Tpi Composites, Inc)
Priority of Obligations. 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 4 contracts
Samples: Loan Agreement, Senior Secured Loan Agreement (PCT LLC), Senior Secured Term Loan Facility (PCT LLC)
Priority of Obligations. 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.. -71- 4882-5123-79004861-6868-3896 v.123
Appears in 1 contract
Samples: Credit Agreement and Guaranty and Revenue Interest Financing Agreement (Impel Pharmaceuticals Inc)
