Common use of Status of Loans Clause in Contracts

Status of Loans. The Borrower's obligation in connection with the repayment of any Loans made to it hereunder shall at all times rank at least pari passu in priority of payment with all of its other present and future unsecured and unsubordinated Indebtedness.

Appears in 18 contracts

Samples: Credit Agreement (Van Kampen Senior Floating Rate Fund), Credit Agreement (Van Kampen Senior Floating Rate Fund), Credit Agreement (Van Kampen Prime Rate Income Trust)

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Status of Loans. The Such Borrower's ’s obligation in connection with the repayment of any Loans made to it hereunder shall at all times constitute its unconditional Debt and will rank at least pari passu in priority of payment with all of its such Borrower’s other present and future unsecured and unsubordinated IndebtednessDebt.

Appears in 11 contracts

Samples: Credit Agreement (BlackRock Series Fund II, Inc.), Credit Agreement (BlackRock Variable Series Funds II, Inc.), Credit Agreement (Blackrock Funds)

Status of Loans. The Borrower's ’s obligation in connection with the repayment of any Loans made to it hereunder shall at all times constitute its unconditional Debt and will rank at least pari passu in priority of payment with all of its other present and future unsecured and unsubordinated IndebtednessDebt.

Appears in 4 contracts

Samples: Credit Agreement (Columbia Funds Master Investment Trust, LLC), Credit Agreement (Columbia Funds Series Trust), Credit Agreement (Columbia Funds Variable Insurance Trust I)

Status of Loans. The Such Borrower's ’s obligation in connection with the repayment of any Loans made to it hereunder shall at all times constitute its unconditional Debt and will rank at least pari passu in priority of payment with all of its such Xxxxxxxx’s other present and future unsecured and unsubordinated IndebtednessDebt.

Appears in 2 contracts

Samples: Credit Agreement (BlackRock Series Fund II, Inc.), Credit Agreement (BlackRock Series Fund II, Inc.)

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Status of Loans. The Such Borrower's ’s obligation in connection with the repayment of any Loans made to it hereunder shall at all times constitute its unconditional Debt and will rank at least pari passu in priority of payment with all of its other present and future unsecured and unsubordinated IndebtednessDebt of such Borrower.

Appears in 2 contracts

Samples: Credit Agreement (Blackrock Funds), Credit Agreement (Blackrock Fundamental Growth Fund, Inc.)

Status of Loans. The Such Borrower's obligation in connection with the repayment of any Loans made to it hereunder shall at all times constitute its unconditional Debt and will rank at least pari passu in priority of payment with all of its such Borrower's other present and future unsecured and unsubordinated IndebtednessDebt.

Appears in 1 contract

Samples: Credit Agreement (BlackRock Variable Series Funds II, Inc.)

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