Common use of Status of Loans and Guarantee Agreement Clause in Contracts

Status of Loans and Guarantee Agreement. The obligations of Borrower and Holdings in respect of the Loans and Guarantee Agreement, respectively, constitute senior, unsubordinated, unsecured, direct obligations of such Loan Parties and rank pari passu with such Loan Parties’ other senior, unsubordinated, unsecured obligations.

Appears in 4 contracts

Samples: Credit Agreement (Agl Resources Inc), Credit Agreement (Agl Resources Inc), Credit Agreement (Agl Resources Inc)

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Status of Loans and Guarantee Agreement. The obligations of Borrower and Holdings in respect of the Loans Loans, the Reimbursement Obligations, and Guarantee Agreement, respectively, constitute senior, unsubordinated, unsecured, direct obligations of such Loan Parties and rank pari passu with such Loan Parties’ other senior, unsubordinated, unsecured obligations.

Appears in 4 contracts

Samples: Joinder Agreement (Agl Resources Inc), Credit Agreement (Agl Resources Inc), Credit Agreement (Agl Resources Inc)

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Status of Loans and Guarantee Agreement. The obligations of Borrower and Holdings in respect of the Loans and the Guarantee Agreement, respectively, constitute senior, unsubordinated, unsecured, direct obligations of such Loan Parties and rank pari passu with such Loan Parties’ other senior, unsubordinated, unsecured obligations.

Appears in 2 contracts

Samples: Term Loan Credit Agreement (Agl Resources Inc), Bridge Term Loan Credit Agreement (Agl Resources Inc)

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