Ranking of Loans. This Agreement and the other Loan Documents to which the Borrower is a party, when executed, and the Loans, when borrowed are and will be the direct and general obligations of the Borrower. The Borrower's obligations hereunder and thereunder rank and will rank at least pari passu in priority of payment to all other senior Indebtedness of the Borrower.
Appears in 4 contracts
Samples: Revolving Credit and Term Loan Agreement (Quiksilver Inc), Revolving Credit Agreement (Quiksilver Inc), Revolving Credit and Term Loan Agreement (Quiksilver Inc)
Ranking of Loans. This Agreement and the other Loan Documents to which the Borrower is a party, when executed, and the Loans, when borrowed borrowed, are and will be the direct and general obligations of the Borrower. The Borrower's obligations hereunder and thereunder rank and will rank at least pari passu in priority of payment to all other Senior Debt and senior Indebtedness of the Borrowerto all Subordinated Indebtedness.
Appears in 3 contracts
Samples: Credit Agreement (Classic Communications Inc), Credit Agreement (Friendship Cable of Arkansas Inc), Credit Agreement (Black Creek Management LLC)
Ranking of Loans. This Agreement and the other Loan Documents to which the Borrower is a party, when executed, and the Loans, when borrowed are and will be the direct and general obligations of the Borrower. The Borrower's obligations hereunder and thereunder rank and will rank at least pari passu in priority of payment to with all other senior Indebtedness of Debt, except to the Borrowerextent otherwise permitted hereunder.
Appears in 2 contracts
Samples: Credit Agreement (Petco Animal Supplies Inc), Credit Agreement (Petco Animal Supplies Inc)
Ranking of Loans. This Agreement and the other Loan Documents to ---------------- which the Borrower is a Borrowers are party, when executed, and the Loans, when borrowed are and will be the direct and general obligations of the BorrowerBorrowers. The Borrower's Borrowers obligations hereunder and thereunder rank and will rank at least pari passu in ---- ----- priority of payment to all other senior Indebtedness of the BorrowerSenior Debt.
Appears in 2 contracts
Samples: Credit Agreement (Entravision Communications Corp), Credit Agreement (Entravision Communications Corp)
Ranking of Loans. This Agreement and the other Loan Documents to ---------------- which the Borrower is a party, when executed, and the Loans, when borrowed are and will be the direct and general obligations of the Borrower. The Borrower's obligations hereunder and thereunder rank and will rank at least pari passu in ---- ----- priority of payment to all other senior Indebtedness of the BorrowerBorrower and its Subsidiaries.
Appears in 2 contracts
Samples: Term Loan Agreement (Entravision Communications Corp), Term Loan Agreement (Entravision Communications Corp)
Ranking of Loans. This Agreement and the other Loan Documents to ---------------- which the Borrower is a party, when executed, and the Loans, when borrowed are and will be the direct and general obligations of the Borrower. The Borrower's obligations hereunder and thereunder rank and will rank at least pari passu in ---- ----- priority of payment to all other senior Indebtedness of the BorrowerSenior Debt.
Appears in 1 contract
Ranking of Loans. This Agreement and the other Loan Documents to which the each Borrower is is, or will be, a party, when executed, and the LoansLoans and Acceptances, when borrowed are and will be the direct and general obligations of the applicable Borrower. The Each Borrower's obligations hereunder and thereunder rank and will rank at least pari passu in priority of payment to all other senior Indebtedness of the such Borrower.
Appears in 1 contract
Samples: Credit Agreement (Quiksilver Inc)
Ranking of Loans. This Agreement and the other Loan Documents to which the Borrower is Borrowers are a party, when executed, and the Loans, when borrowed are and will be the direct and general obligations of the BorrowerBorrowers. The Borrower's obligations Borrowers' Obligations hereunder and thereunder rank and will rank at least pari passu in priority of payment to with all other senior Indebtedness of Debt, except to the Borrowerextent otherwise permitted hereunder.
Appears in 1 contract
Ranking of Loans. This Agreement and the other Loan Documents to ---------------- which the Borrower is a party, when executed, and the Loans, when borrowed are and will be the direct and general obligations of the Borrower. The Borrower's obligations hereunder and thereunder rank and will rank at least pari passu in priority of payment to with all other senior Indebtedness of Debt, except to the Borrowerextent otherwise permitted hereunder.
Appears in 1 contract
Ranking of Loans. This Agreement and the other Loan Documents to ---------------- which the Borrower is a party, when executed, and the Loans, when borrowed borrowed, are and will be the direct and general obligations of the Borrower. The Borrower's obligations hereunder and thereunder rank and will rank at least pari passu in priority of ---- ----- payment to all other senior Indebtedness of the Borrower, except to the extent otherwise permitted hereunder (including capitalized purchase-money debt permitted hereunder).
Appears in 1 contract
Ranking of Loans. This Agreement and the other Loan Documents to which the Borrower is a party, when executed, and the LoansTerm Loan, when borrowed borrowed, are and will be the direct and general obligations of the Borrower. The Borrower's obligations hereunder and thereunder rank and will rank at least pari passu in priority of payment to all other senior Indebtedness of the Borrower.
Appears in 1 contract
Samples: Term Loan Agreement (Quiksilver Inc)
Ranking of Loans. This Agreement and the other Loan Documents to which the Borrower is a party, when executed, and the Loans, when borrowed borrowed, are and will be the direct and general obligations of the Borrower. The Borrower's obligations Obligations hereunder and thereunder rank and will rank at least pari passu in priority of payment to with all other senior Indebtedness of Senior Debt, except to the Borrowerextent otherwise permitted hereunder.
Appears in 1 contract
Ranking of Loans. This Agreement and the other Loan Documents to ---------------- which the Borrower or any Guarantor is a party, when executed, and the Loans, when borrowed borrowed, are and will be the direct and general obligations of the BorrowerBorrower and the Guarantors. The Borrower's obligations and the Guarantors' Obligations hereunder and thereunder rank and will rank at least pari passu in priority of payment to with all other senior Indebtedness of Senior Debt, except to ---- ----- the Borrowerextent otherwise permitted hereunder.
Appears in 1 contract
Ranking of Loans. This Agreement and the other Loan Documents to which the Borrower is a party, when executed, and the Loans, when borrowed are and will be the direct and general obligations of the Borrower. The Borrower's ’s obligations hereunder and thereunder rank and will rank at least pari passu in priority of payment to all other senior Indebtedness of Senior Debt. The Obligations are “Designated Senior Debt” (as defined in the BorrowerSenior Subordinated Notes Indenture).
Appears in 1 contract
