Pari Passu Liens definition

Pari Passu Liens means any Lien on the Collateral granted for the benefit of the holders of the Existing Notes that is required by the terms of the Existing Notes Indentures as a result of the grant of security interests pursuant to any Collateral Document.

Pari Passu Liens has the meaning set forth in Section 5.1(b)(i).

Pari Passu Liens means Liens securing Obligations ranking pari passu with the Notes that by their terms are intended to be secured equally and ratably with the Notes and are permitted pursuant to the applicable provisions of this Indenture and the Security Documents.

Examples of Pari Passu Liens in a sentence

• The Pari Passu Liens granted pursuant to this provision shall be (A) granted concurrently with the granting of any such Liens, and (B) granted pursuant to instruments, documents and agreements which are no less favorable to the Trustee and the Holders of the Notes than those granted to secure the Existing Senior Notes.

• The Pari Passu Liens granted pursuant to this provision shall be (A) granted concurrently with the granting of any such Additional Liens, and (B) granted pursuant to instruments, documents and agreements which are no less favorable to the Trustee and the Holders of the Securities than those granted to secure such Reference Notes.

• The Liens securing Additional Pari Passu Liens Obligations of any series will be released, in whole or in part, as provided in the Additional Pari Passu Agreement governing such obligations.

• The Pari Passu Liens granted pursuant to this provision shall be (i) granted concurrently with the granting of any such Initial Liens, and (ii) granted pursuant to instruments, documents and agreements which are no less favorable to the trustee and the holders of the Notes than those granted to secure the Existing Notes.

• Zarate, No. 18-cr-2073-CJW, 2019 WL 4399515, at *28 (N.D. Iowa July 3, 2019), report and recommendation adopted as modified, 2019 WL 3459236 (N.D. Iowa July 31, 2019) (collecting cases to supportthe proposition that the magistrate judge may consider together related affidavits submitted simultaneously); United States v.

More Definitions of Pari Passu Liens

Pari Passu Liens means any Lien on the Collateral granted to the Administrative Agent for the benefit of the Pari Passu Noteholders pursuant to the U.S. Security Agreement, the Canadian Security Agreement and/or any of the other Security Documents securing the Pari Passu Notes Obligations.

Pari Passu Liens means Liens on the Collateral, which Liens on any item of Collateral shall rank pari passu to the Notes Liens on such item of Collateral (but without regard to the control of remedies), pursuant to a Customary Intercreditor Agreement.

Pari Passu Liens means the Liens granted by the Collateral Documents securing the Senior Notes, obligations under the Note Purchase Agreement and other related obligations as contemplated by the Collateral Documents.

Pari Passu Liens means Liens securing Obligations ranking pari passu with the Securities that by their terms are intended to be secured equally and ratably with the Securities and are permitted pursuant to the applicable provisions of this Indenture and the Security Documents.

Pari Passu Liens means, in the case of any Term Loan Collateral, all Liens securing the Multi-Currency Claims and the Noteholder Claims.

Pari Passu Liens means any Lien on the Collateral granted for the benefit of the holders of the Pari Passu Notes.

Pari Passu Liens means the Liens granted by the Collateral Documents securing the Senior Notes, obligations