Status of Loans. The Fund's obligation in connection with the repayment of any Loans made to it hereunder shall at all times constitute its unconditional Indebtedness and will rank at least pari passu in priority of payment with all of its other present and future unsecured and unsubordinated Indebtedness.
Appears in 2 contracts
Samples: Credit Agreement (Colonial Intermediate High Income Fund), Credit Agreement (Colonial Intermediate High Income Fund)
Status of Loans. The Fund's Its obligation in connection with the repayment of any Loans made to it hereunder shall at all times constitute its unconditional Indebtedness and will rank at least pari passu in priority of payment with all of its other present and future unsecured and unsubordinated Indebtedness.
Appears in 1 contract
Status of Loans. The Each Fund's obligation in connection with the repayment of any Loans made to it hereunder shall at all times constitute its unconditional Indebtedness and will rank at least pari passu in priority of payment with all of its other present and future unsecured and unsubordinated Indebtedness.
Appears in 1 contract
