Common use of Senior Obligations Clause in Contracts

Senior Obligations. Ensure that its obligations under this Agreement and the Notes shall at all times rank at least pari passu with all its other present and future direct, indirect, unsecured and unsubordinated Indebtedness, except for obligations accorded preference by mandatory provisions of law or permitted under this Agreement.

Appears in 1 contract

Samples: Credit Agreement (Pilgrims Pride Corp)

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Senior Obligations. Ensure that its obligations under this Agreement and the Notes shall at all times rank at least pari passu with all its other present and future direct, indirect, unsecured and unsubordinated Indebtedness, except for obligations accorded preference by mandatory provisions of law or permitted under this Agreementlaw.

Appears in 1 contract

Samples: Credit Agreement (TFM Sa De Cv)

Senior Obligations. Ensure that its obligations under this Agreement and the Notes Principal Documents shall at all times rank at least pari passu with all its other present and future direct, indirect, unsecured and unsubordinated Indebtedness, except for obligations accorded preference by mandatory provisions of law or permitted under this Agreementlaw.

Appears in 1 contract

Samples: Credit Agreement (TFM Sa De Cv)

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Senior Obligations. Ensure that its obligations under this Agreement and the Notes shall at all times rank at least pari passu with all its other present and future direct, indirect, unsecured and unsubordinated Indebtedness, except for obligations accorded preference by mandatory provisions of law or permitted under this Agreement.

Appears in 1 contract

Samples: Credit Agreement (Pilgrims Pride Corp)

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