Common use of RANK OF GUARANTEE Clause in Contracts

RANK OF GUARANTEE. The Guarantor will ensure that its payment obligations under this Guarantee Agreement will at all times rank at least pari passu, without preference or priority, with all other unsecured and unsubordinated Indebtedness of the Guarantor now or hereafter existing.

Appears in 15 contracts

Samples: Multi Currency Note Purchase and Private Shelf Agreement (MSA Safety Inc), Master Note Purchase Agreement (Henry Schein Inc), Master Note Purchase Agreement

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RANK OF GUARANTEE. The Each Guarantor will ensure that its payment obligations under this Guarantee Agreement will at all times rank at least pari passu, without preference or priority, with all other unsecured and unsubordinated Indebtedness of the such Guarantor now or hereafter existing.

Appears in 1 contract

Samples: Note Purchase and Guarantee Agreement (Chicago Bridge & Iron Co N V)

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