Examples of Additional Pari Passu Lien Obligations in a sentence
Upon the delivery of such certificate and the related attachments as provided above and as so long as the statements made therein are true and correct as of the date of such certificate, the obligations designated in such notice shall become Additional Pari Passu Lien Obligations for all purposes of this Agreement.
Upon the delivery of such certificate, the related attachments as provided above, and an Opinion of Counsel delivered in accordance with the Indenture with respect to the satisfaction of all conditions precedent to the incurrence of the Additional Pari Passu Lien Obligations, the obligations designated in such notice as Additional Pari Passu Lien Obligations shall become Additional Pari Passu Lien Obligations for all purposes of this Agreement.
The Person identified in the signature pages hereto as the “Additional Authorized Representative” (the “Additional Authorized Representative”) will serve as the administrative agent, trustee or a similar representative for the holders of the Additional Pari Passu Lien Obligations (the “Additional Secured Parties”).
The Company and the other Grantors propose to issue or incur Additional Pari Passu Lien Obligations designated by the Company as such in accordance with Article VI of the Intercreditor Agreement in an Officer’s Certificate delivered concurrently herewith to the Notes Collateral Agent and the Authorized Representatives (the “Additional Pari Passu Lien Obligations”).
The Collateral Agent will acknowledge such designation and appointment by the Holders by acknowledging that certain Intercreditor Joinder Agreement, that certain Additional Pari Passu Lien Obligations Designation and the related Reaffirmation Agreement, each to be dated as of the Issue Date.