Common use of Pari Passu Guarantees Clause in Contracts

Pari Passu Guarantees. The obligations of the Guarantor under this Guarantee Agreement shall rank pari passu with any similar guarantee agreements issued by the Guarantor on behalf of the holders of preferred or capital securities issued by the Issuer Trust and with any other security, guarantee or other obligation that is expressly stated to rank pari passu with the obligations of the Guarantor under this Guarantee Agreement.

Appears in 50 contracts

Samples: Guarantee Agreement (S&t Bancorp Inc), Preferred Securities Guarantee Agreement (American Safety Insurance Group LTD), Guarantee Agreement (First Citizens Bancorporation Inc)

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Pari Passu Guarantees. The obligations of the Guarantor under this Guarantee Agreement shall rank pari passu with any similar guarantee agreements issued by the Guarantor on behalf of the holders of preferred or capital securities issued by the Issuer Trust and with any other security, guarantee or other obligation that is expressly stated to rank pari passu with the obligations of the Guarantor under this Guarantee Agreementall Other Guarantees.

Appears in 35 contracts

Samples: Guarantee Agreement (Bancfirst Corp /Ok/), Guarantee Agreement (Silicon Valley Bancshares), Guarantee Agreement (Silicon Valley Bancshares)

Pari Passu Guarantees. (a) The obligations of the Guarantor under this Guarantee Agreement shall rank pari passu with the obligations of the Guarantor under any similar guarantee agreements issued by the Guarantor on behalf of with respect to preferred securities (if any) similar to the holders of preferred or capital securities Preferred Securities, issued by trusts other than the Issuer Trust and with any other security, guarantee established or other obligation that is expressly stated to rank pari passu with the obligations of be established by the Guarantor under this Guarantee Agreement(if any), in each case similar to the Issuer.

Appears in 25 contracts

Samples: Guarantee Agreement (Entegra Financial Corp.), Guarantee Agreement (Wilshire Bancorp Inc), Guarantee Agreement (First Acceptance Corp /De/)

Pari Passu Guarantees. The obligations of the Guarantor under this Guarantee Agreement shall rank pari passu with the obligations of the Guarantor under any similar guarantee agreements Guarantee Agreements issued by the Guarantor on behalf of the holders of preferred or capital securities issued by any Trust (as defined in the Issuer Trust and with any other security, guarantee or other obligation that is expressly stated to rank pari passu with the obligations of the Guarantor under this Guarantee AgreementIndenture).

Appears in 18 contracts

Samples: Guarantee Agreement (Mbna Corp), Guarantee Agreement (Mbna Corp), Guarantee Agreement (First Tennessee Capital Iv)

Pari Passu Guarantees. The obligations of the Guarantor under this Guarantee Agreement shall rank pari passu with any similar guarantee agreements issued by the Guarantor on behalf of the holders of preferred or capital securities Trust Securities issued by the Issuer Trust and with any other security, guarantee or other obligation that is expressly stated to rank pari passu with the obligations of the Guarantor under this Guarantee Agreement.

Appears in 16 contracts

Samples: Guarantee Agreement (FFBC Capital Trust I), Guarantee Agreement (Alabama National Bancorporation), Guarantee Agreement (CCF Holding Co)

Pari Passu Guarantees. The obligations of the Guarantor under this Guarantee Agreement shall rank pari passu with the obligations of the Guarantor under any similar guarantee agreements issued by the Guarantor on behalf of the holders of preferred or capital securities issued by any KeyCorp Trust (as defined in the Issuer Trust and with any other security, guarantee or other obligation that is expressly stated to rank pari passu with the obligations of the Guarantor under this Guarantee AgreementIndenture).

Appears in 16 contracts

Samples: Guarantee Agreement (KeyCorp Capital VIII), Guarantee Agreement (KeyCorp Capital VIII), Guarantee Agreement (Keycorp /New/)

Pari Passu Guarantees. The obligations of the Guarantor under this Guarantee Agreement shall rank pari passu with the obligations of the Guarantor under any similar guarantee agreements Guarantee Agreements issued by the Guarantor on behalf of the holders of preferred or capital securities issued by any Trust (as defined in the Issuer Trust and with any other security, guarantee or other obligation that is expressly stated to rank pari passu with the obligations of the Guarantor under this Guarantee Agreement.Indenture). 17 13

Appears in 9 contracts

Samples: Guarantee Agreement (Mbna Capital V), Guarantee Agreement (Mbna Capital V), Guarantee Agreement (Mbna Capital V)

Pari Passu Guarantees. The obligations of the Guarantor under this This Guarantee Agreement shall rank pari passu with any similar guarantee agreements issued by the Guarantor on behalf of the holders of preferred or capital securities senior unsecured notes issued by the Issuer Trust and with any other security, guarantee or other obligation that is expressly stated to rank pari passu entity affiliated with the obligations Guarantor which is a financing vehicle of the Guarantor under this Guarantee AgreementGuarantor.

Appears in 8 contracts

Samples: Senior Debt Securities Guarantee Agreement (Partnerre LTD), Guarantee Agreement (Partnerre Capital Trust Iii), Senior Debt Securities Guarantee Agreement (PartnerRe Finance B LLC)

Pari Passu Guarantees. The obligations of the Guarantor under this Guarantee Agreement shall rank pari passu with the obligations of the Guarantor under any similar guarantee agreements issued by the Guarantor on behalf of the holders of preferred or capital securities issued by the Issuer Trust and with any other security, guarantee or other obligation that is expressly stated to rank pari passu with the obligations of the Guarantor under this Guarantee Agreementbusiness trust.

Appears in 7 contracts

Samples: Guarantee Agreement (Goldman Sachs Group Inc/), Guarantee Agreement (Goldman Sachs Group Inc/), Guarantee Agreement (Goldman Sachs Capital V)

Pari Passu Guarantees. The obligations of the Guarantor under this Guarantee Agreement shall rank pari passu with the obligations of the Guarantor under any similar guarantee agreements Guarantee Agreements issued by the Guarantor on behalf of the holders of preferred or capital securities issued by the any Issuer Trust and with any other security, guarantee or other obligation that is expressly stated to rank pari passu with (as defined in the obligations of the Guarantor under this Guarantee AgreementIndenture).

Appears in 6 contracts

Samples: Guarantee Agreement (Everest Re Group LTD), Guarantee Agreement (Everest Reinsurance Holdings Inc), Guarantee Agreement (Everest Re Group LTD)

Pari Passu Guarantees. The obligations of the Guarantor under this Guarantee Agreement (other than those arising under Section 3.3) shall rank pari passu with any similar guarantee agreements issued by the obligations of the Guarantor on behalf of the holders of preferred or capital securities issued by the Issuer Trust and with under any other security, guarantee or other agreement or obligation that is expressly stated to rank pari passu with the obligations of the Guarantor under this Guarantee Agreement or with any obligation that ranks pari passu with the obligations of the Guarantor under this Guarantee Agreement.

Appears in 5 contracts

Samples: Guarantee Agreement (Wells Fargo & Co/Mn), Guarantee Agreement (Comerica Inc /New/), Guarantee Agreement (Wells Fargo & Co/Mn)

Pari Passu Guarantees. The obligations of the Guarantor under this This Guarantee Agreement shall rank pari passu with any similar guarantee agreements issued by the Guarantor on behalf of the holders of preferred or capital securities similar to any series of Debentures issued by the Issuer Trust and with any other security, guarantee or other obligation that is expressly stated to rank pari passu with the obligations subsidiary of the Guarantor under this Guarantee Agreementin the past or future.

Appears in 5 contracts

Samples: Junior Indenture (Hawaiian Electric Co Inc), Junior Indenture (Hawaiian Electric Co Inc), Junior Indenture (Maui Electric Co LTD)

Pari Passu Guarantees. The obligations of the Guarantor under this This Guarantee Agreement shall rank pari passu with any similar guarantee agreements issued by the Guarantor on behalf of the holders of preferred securities of any other trust, partnership or capital other entity affiliated with the Guarantor which is a financing vehicle of the Guarantor or any subsidiary of the Guarantor in connection with the issuance by such entity of preferred securities issued or other securities which are similar to preferred securities that are guaranteed by the Issuer Trust and with any other security, guarantee or other obligation Guarantor pursuant to an instrument that is expressly stated to rank ranks pari passu with the obligations or junior in right of the Guarantor under payment to this Guarantee Agreement.

Appears in 5 contracts

Samples: Guarantee Agreement (PartnerRe Finance B LLC), Guarantee Agreement (PartnerRe Finance B LLC), Guarantee Agreement (Partnerre LTD)

Pari Passu Guarantees. The obligations of the Guarantor under this Guarantee Agreement shall rank pari passu with any similar guarantee agreements issued by the obligations of the Guarantor on behalf of the holders of preferred or capital securities issued by the Issuer Trust and with under any other security, guarantee or other obligation agreement that is expressly stated to rank pari passu with the obligations of the Guarantor under this Guarantee AgreementAgreement and which includes the obligations of the Guarantor under (i) the Indenture, (ii) the Securities, and (iii) the Expense Agreement (as defined in the Declaration of Trust).

Appears in 4 contracts

Samples: Guarantee Agreement (Evans Capital Trust III), Guarantee Agreement (Evans Capital Trust III), Preferred Securities Guarantee Agreement (Privatebancorp, Inc)

Pari Passu Guarantees. The obligations of the Guarantor under this This Guarantee Agreement shall rank pari passu with any similar guarantee agreements issued by the Guarantor on behalf of the holders of preferred or capital securities subordinated unsecured notes issued by the Issuer Trust and with any other security, guarantee or other obligation that is expressly stated to rank pari passu entity affiliated with the obligations Guarantor which is a financing vehicle of the Guarantor under this Guarantee AgreementGuarantor.

Appears in 4 contracts

Samples: Subordinated Debt Securities Guarantee Agreement (PartnerRe Finance B LLC), Subordinated Debt Securities Guarantee Agreement (PartnerRe Finance B LLC), Subordinated Debt Securities Guarantee Agreement (PartnerRe Finance B LLC)

Pari Passu Guarantees. The obligations of the Guarantor under this Guarantee Agreement shall rank pari passu with the obligations of the Guarantor under any similar guarantee agreements Guarantee Agreements issued by the Guarantor on behalf of the holders of preferred or capital securities issued by any Mellon Trust (as defined in the Issuer Trust and with any other security, guarantee or other obligation that is expressly stated to rank pari passu with the obligations of the Guarantor under this Guarantee AgreementIndenture).

Appears in 4 contracts

Samples: Guarantee Agreement (Mellon Financial Corp), Guarantee Agreement (Mellon Bank Corp), Guarantee Agreement (Mellon Bank Corp)

Pari Passu Guarantees. The obligations of the Guarantor under this This Guarantee Agreement shall rank pari passu with any similar guarantee agreements issued by the Guarantor on behalf of the holders of preferred or capital securities senior notes issued by the Issuer Trust and with any other security, guarantee or other obligation that is expressly stated to rank pari passu entity affiliated with the obligations Guarantor which is a financing vehicle of the Guarantor under this Guarantee AgreementGuarantor.

Appears in 4 contracts

Samples: Senior Debt Securities Guarantee Agreement (RenaissanceRe Finance Inc.), Senior Debt Securities Guarantee Agreement (RenaissanceRe Finance Inc.), Senior Debt Securities Guarantee Agreement (RenaissanceRe Finance Inc.)

Pari Passu Guarantees. The obligations of the Guarantor under this Guarantee Agreement shall rank pari passu with the obligations of the Guarantor under any similar guarantee agreements Guarantee Agreements issued by the Guarantor on behalf of the holders of preferred or capital securities issued by any HL&P Trust (as defined in the Issuer Trust and with any other security, guarantee or other obligation that is expressly stated to rank pari passu with the obligations of the Guarantor under this Guarantee AgreementIndenture).

Appears in 4 contracts

Samples: Guarantee Agreement (Hl&p Capital Trust Iv), Guarantee Agreement (Hl&p Capital Trust I), Guarantee Agreement (Hl&p Capital Trust Iv)

Pari Passu Guarantees. The obligations of the Guarantor under this This Guarantee Agreement shall rank pari passu with any similar guarantee agreements issued by the Guarantor on behalf of the holders of preferred or capital securities subordinated notes issued by the Issuer Trust and with any other security, guarantee or other obligation that is expressly stated to rank pari passu entity affiliated with the obligations Guarantor which is a financing vehicle of the Guarantor under this Guarantee AgreementGuarantor.

Appears in 4 contracts

Samples: Securities Guarantee Agreement (RenaissanceRe Finance Inc.), Securities Guarantee Agreement (RenaissanceRe Finance Inc.), Securities Guarantee Agreement (RenaissanceRe Finance Inc.)

Pari Passu Guarantees. The obligations of the Guarantor under this Guarantee Agreement shall rank pari passu with the obligations of the Guarantor under any similar guarantee agreements Guarantee Agreements issued by the Guarantor on behalf of the holders of preferred or capital securities issued by the Issuer Trust and with any other security, guarantee trusts established by Edison International or other obligation that is expressly stated to rank pari passu with the obligations of the Guarantor under this Guarantee Agreementits Affiliates.

Appears in 4 contracts

Samples: Guarantee Agreement (Sce Trust I), Guarantee Agreement (Sce Trust I), Guarantee Agreement (Sce Trust I)

Pari Passu Guarantees. The obligations of the Guarantor under this Guarantee Agreement shall rank pari passu with the obligations of the Guarantor under any similar guarantee agreements issued by the Guarantor on behalf of the holders of preferred or capital securities issued by any Trust (as defined in the Issuer Trust and with any other security, guarantee or other obligation that is expressly stated to rank pari passu with the obligations of the Guarantor under this Guarantee AgreementIndenture).

Appears in 3 contracts

Samples: Guarantee Agreement (Pennsylvania Power & Light Co /Pa), Guarantee Agreement (Pennsylvania Power & Light Co /Pa), Guarantee Agreement (Delphi Financial Group Inc/De)

Pari Passu Guarantees. The obligations of the Guarantor under this Preferred Securities Guarantee Agreement shall rank pari passu with any similar guarantee agreements issued by the Guarantor on behalf of the holders of preferred or capital securities issued by the Issuer Trust and with any other security, guarantee or other obligation that is expressly stated to rank pari passu with the obligations of the Guarantor under this any similar Preferred Securities Guarantee Agreement(as defined in the Indenture) now or hereafter entered into by the Guarantor in respect of any other trust or any other similar financing vehicle sponsored by the Guarantor.

Appears in 3 contracts

Samples: Preferred Securities Guarantee Agreement (Suntrust Capital Ii), Preferred Securities Guarantee Agreement (Suntrust Capital Iv), Preferred Securities Guarantee Agreement (Suntrust Banks Inc)

Pari Passu Guarantees. The obligations of the Guarantor under this Common Securities Guarantee Agreement shall rank pari passu with any similar guarantee agreements issued by the Guarantor on behalf of the holders of preferred or capital securities issued by the Issuer Trust and with any other security, guarantee or other obligation that is expressly stated to rank pari passu with the obligations of the Guarantor under this any similar Common Securities Guarantee Agreement(as defined in the Indenture) now or hereafter entered into by the Guarantor in respect of any other trust or similar financing vehicle sponsored by the Guarantor.

Appears in 3 contracts

Samples: Common Securities Guarantee Agreement (Suntrust Capital Ii), Common Securities Guarantee Agreement (Suntrust Banks Inc), Common Securities Guarantee Agreement (Suntrust Capital Iv)

Pari Passu Guarantees. The obligations of the Guarantor under this Guarantee Agreement shall rank pari passu with the obligations of the Guarantor under any similar guarantee agreements issued by the Guarantor on behalf of the holders of preferred or capital securities issued by any Citizens Trust (as defined in the Issuer Trust and with any other security, guarantee or other obligation that is expressly stated to rank pari passu with the obligations of the Guarantor under this Guarantee AgreementIndenture).

Appears in 3 contracts

Samples: Guarantee Agreement (Citizens Funding Trust II), Guarantee Agreement (Citizens Funding Trust IV), Citizens Banking Corp

Pari Passu Guarantees. The obligations of the Guarantor under this Guarantee Agreement (other than those arising under Section 3.3 hereof) shall rank pari passu with any similar guarantee agreements issued by the obligations of the Guarantor on behalf of the holders of preferred or capital securities issued by the Issuer Trust and with under any other security, guarantee or other agreement or obligation that is expressly stated to rank pari passu with the obligations of the Guarantor under this Guarantee Agreement or with any obligation that ranks pari passu with the obligations of the Guarantor under this Guarantee Agreement.

Appears in 3 contracts

Samples: Guarantee Agreement (Bb&t Corp), Guarantee Agreement (Bb&t Corp), Guarantee Agreement (Bb&t Corp)

Pari Passu Guarantees. The obligations of the Guarantor under this Guarantee Agreement shall rank pari passu with the obligations of the Guarantor under any similar guarantee agreements Guarantee Agreements issued by the Guarantor on behalf of the holders of preferred or capital securities issued by any First Union Trust (as defined in the Issuer Trust and with any other security, guarantee or other obligation that is expressly stated to rank pari passu with the obligations of the Guarantor under this Guarantee AgreementIndenture).

Appears in 3 contracts

Samples: Guarantee Agreement (First Union Institutional Capital Ii), Guarantee Agreement (First Union Corp), Guarantee Agreement (First Union Corp)

Pari Passu Guarantees. The obligations of the Guarantor under this Guarantee Agreement shall rank pari passu PARI PASSU with any similar guarantee agreements issued by the Guarantor on behalf of the holders of preferred or capital securities issued by the Issuer Trust and with any other security, guarantee or other obligation that is expressly stated to rank pari passu PARI PASSU with the obligations of the Guarantor under this Guarantee Agreement.. 13

Appears in 3 contracts

Samples: Guarantee Agreement (Fidbank Capital Trust I), Guarantee Agreement (Fidbank Capital Trust I), Guarantee Agreement (Fidelity Bancshares Nc Inc /De/)

Pari Passu Guarantees. The obligations of the Guarantor under this This Guarantee Agreement shall rank pari passu with any similar guarantee agreements Guarantee Agreements issued by the Guarantor on behalf of the holders of preferred or capital securities Preferred Securities issued by the Issuer Trust Principal Capital ___, Principal Capital ___ and with any other security, guarantee or other obligation that is expressly stated to rank pari passu with the obligations of the Guarantor under this Guarantee AgreementPrincipal Capital ___.

Appears in 3 contracts

Samples: Guarantee Agreement (Principal Financial Group Inc), Guarantee Agreement (Principal Financial Group Inc), Guarantee Agreement (Principal Financial Group Inc)

Pari Passu Guarantees. The obligations of the Guarantor under this Guarantee Agreement shall rank pari passu with any similar guarantee agreements issued by the Guarantor on behalf of the holders of preferred or capital securities Trust Preferred Securities issued by any other trust similar to the Issuer Trust and with any other security, guarantee or other obligation that is expressly stated to rank pari passu with the obligations of the Guarantor under this Guarantee Agreement.

Appears in 3 contracts

Samples: Form of Guarantee Agreement (Great Plains Energy Inc), Guarantee Agreement (Great Plains Energy Inc), Guarantee Agreement (Cp&l Energy Inc)

Pari Passu Guarantees. The obligations of the Guarantor under this This Guarantee Agreement shall rank pari passu with any similar guarantee agreements issued by the Guarantor on behalf of the holders of preferred or capital securities similar to any series of Debentures issued by the Issuer Trust and with any other security, guarantee or other obligation that is expressly stated to rank pari passu with the obligations subsidiary of the Guarantor under this Guarantee Agreementin the future.

Appears in 3 contracts

Samples: Heco Capital Trust I, Hawaiian Electric Co Inc, Hawaiian Electric Co Inc

Pari Passu Guarantees. The obligations of the Guarantor under this Guarantee Agreement shall rank pari passu with any similar guarantee agreements issued by the Guarantor on behalf of the holders of preferred or capital securities issued by the Issuer Trust Securities and with any other security, guarantee or other obligation that is expressly stated to rank pari passu with the obligations of the Guarantor under this Guarantee Agreement.

Appears in 3 contracts

Samples: Guarantee Agreement (Gainsco Inc), Guarantee Agreement (Gainsco Inc), Guarantee Agreement (Assuranceamerica Corp)

Pari Passu Guarantees. The obligations of the Guarantor under this Guarantee Agreement shall rank pari passu with any similar guarantee agreements issued by the Guarantor on behalf of the holders of preferred or capital securities issued by any other trust similar to the Issuer Trust and with any other security, guarantee or other obligation that is expressly stated to rank pari passu with the obligations of the Guarantor under this Guarantee Agreement.

Appears in 2 contracts

Samples: Guarantee Agreement (City Holding Capital Trust), Guarantee Agreement (City Holding Capital Trust Ii)

Pari Passu Guarantees. The obligations of the Guarantor under this Guarantee Agreement shall rank pari passu with the obligations of the Guarantor under any similar guarantee agreements Guarantee Agreements issued by the Guarantor on behalf of the holders of preferred or capital securities issued by any Xxxxxxxx'x Trust (as defined in the Issuer Trust and with any other security, guarantee or other obligation that is expressly stated to rank pari passu with the obligations of the Guarantor under this Guarantee AgreementIndenture).

Appears in 2 contracts

Samples: Guarantee Agreement (Proffitts Capital Trust I), Guarantee Agreement (Proffitts Capital Trust V)

Pari Passu Guarantees. The obligations of the Guarantor under this Guarantee Agreement shall rank pari passu with the obligations of the Guarantor under any similar guarantee agreements Guarantee Agreements issued by the Guarantor on behalf of the holders of preferred or capital securities the Trust Securities issued by any IDACORP Trust (as defined in the Issuer Trust and with any other security, guarantee or other obligation that is expressly stated to rank pari passu with the obligations of the Guarantor under this Guarantee AgreementIndenture).

Appears in 2 contracts

Samples: Guarantee Agreement (Idacorp Trust Iii), Guarantee Agreement (Idacorp Trust Iii)

Pari Passu Guarantees. The obligations of the Guarantor under this This Guarantee Agreement shall rank pari passu with any similar guarantee agreements issued by the Guarantor on behalf of the holders of preferred or capital securities senior debentures issued by the Issuer Trust and with any other security, guarantee or other obligation that is expressly stated to rank pari passu entity affiliated with the obligations Guarantor which is a financing vehicle of the Guarantor under this Guarantee AgreementGuarantor.

Appears in 2 contracts

Samples: Senior Debt Securities Guarantee Agreement (Renaissancere Holdings LTD), Senior Debt Securities Guarantee Agreement (Partnerre LTD)

Pari Passu Guarantees. The obligations of the Guarantor under this Guarantee Agreement shall rank pari passu with the obligations of the Guarantor under any similar guarantee agreements Guarantee Agreements issued by the Guarantor on behalf of the holders of preferred or capital securities issued by any Xxxxx Capital Trust (as defined in the Issuer Trust and with any other security, guarantee or other obligation that is expressly stated to rank pari passu with the obligations of the Guarantor under this Guarantee AgreementIndenture).

Appears in 2 contracts

Samples: Guarantee Agreement (Riggs Capital Ii), Guarantee Agreement (Riggs National Corp)

Pari Passu Guarantees. The obligations of the Guarantor under this Guarantee Agreement shall rank pari passu with the obligations of the Guarantor under any similar guarantee agreements issued by the Guarantor on behalf of the holders of preferred or capital securities issued by the Issuer Trust and with any other security, guarantee or other obligation that is expressly stated to rank pari passu with (as defined in the obligations of the Guarantor under this Guarantee AgreementIndenture).

Appears in 2 contracts

Samples: Guarantee Agreement (Bnccorp Inc), Guarantee Agreement (Vib Corp)

Pari Passu Guarantees. The obligations of the Guarantor under this Guarantee Agreement shall rank pari passu with the obligations of the Guarantor under any similar guarantee agreements Guarantee Agreements issued by the Guarantor on behalf of the holders of preferred or capital securities issued by any Willamette Trust (as defined in the Issuer Trust and with any other security, guarantee or other obligation that is expressly stated to rank pari passu with the obligations of the Guarantor under this Guarantee AgreementIndenture).

Appears in 2 contracts

Samples: Trust Securities (Willamette Industries Inc), Trust Securities (Willamette Industries Inc)

Pari Passu Guarantees. The obligations of the Guarantor under this This Guarantee Agreement shall rank pari passu with any similar guarantee agreements issued by the Guarantor on behalf of the holders of preferred or capital securities subordinated debentures issued by the Issuer Trust and with any other security, guarantee or other obligation that is expressly stated to rank pari passu entity affiliated with the obligations Guarantor which is a financing vehicle of the Guarantor under this Guarantee AgreementGuarantor.

Appears in 2 contracts

Samples: Subordinated Debt Securities Guarantee Agreement (Renaissancere Holdings LTD), Guarantee Agreement (Partnerre LTD)

Pari Passu Guarantees. The obligations of the Guarantor under this This Guarantee Agreement shall rank pari passu with any similar guarantee agreements issued by the Guarantor on behalf of the holders of preferred or capital trust securities issued by the Issuer Trust and with any other security, guarantee or other obligation that is expressly stated to rank pari passu with the obligations of a trust created by the Guarantor under this Guarantee Agreementsimilar to Budget Group Capital Trust.

Appears in 2 contracts

Samples: Guarantee Agreement (Budget Group Inc), Calpine Capital Trust

Pari Passu Guarantees. The obligations of the Guarantor under this This Guarantee Agreement shall rank pari passu with any similar guarantee agreements issued by the Guarantor as a direct, unsecured senior obligation on behalf of the holders of preferred or capital senior securities issued by the Issuer Trust and with any other security, guarantee or other obligation that is expressly stated to rank pari passu entity affiliated with the obligations of the Guarantor under this Guarantee AgreementGuarantor.

Appears in 2 contracts

Samples: Senior Debt Securities Guarantee Agreement (Renaissancere Holdings LTD), Senior Debt Securities Guarantee Agreement (Renaissancere Holdings LTD)

Pari Passu Guarantees. The obligations of the Guarantor under this Guarantee Agreement shall rank pari passu with the obligations of the Guarantor under any similar guarantee agreements Guarantee Agreements issued by the Guarantor on behalf of the holders of preferred or capital securities issued by any USF&G Trust (as defined in the Issuer Trust and with any other security, guarantee or other obligation that is expressly stated to rank pari passu with the obligations of the Guarantor under this Guarantee AgreementIndenture).

Appears in 2 contracts

Samples: Agreement (Usf&g Corp), Trust Agreement (Usf&g Corp)

Pari Passu Guarantees. The obligations of the Guarantor under this Guarantee Agreement shall rank pari passu with the obligations of the Guarantor under any similar guarantee agreements Guarantee Agreements issued by the Guarantor on behalf of the holders of preferred or capital securities similar to the Securities issued by the Issuer Trust and with any other securitytrust, guarantee partnership or other obligation entity affiliated with the Guarantor that is expressly stated to rank pari passu with the obligations a financing entity of the Guarantor under this Guarantee AgreementGuarantor.

Appears in 2 contracts

Samples: Guarantee Agreement (First American Financial Corp), Guarantee Agreement (First American Financial Corp)

Pari Passu Guarantees. The obligations of the Guarantor under this Preferred Securities Guarantee Agreement shall rank pari passu with the obligations of the Guarantor under any similar guarantee agreements Preferred Securities Guarantee issued by the Guarantor on behalf of the holders of preferred or capital securities issued by any Allstate Trust (as defined in the Issuer Trust and with any other security, guarantee or other obligation that is expressly stated to rank pari passu with the obligations of the Guarantor under this Guarantee AgreementIndenture).

Appears in 1 contract

Samples: Preferred Securities Guarantee Agreement (Allstate Corp)

Pari Passu Guarantees. The obligations of the Guarantor under this Guarantee Agreement shall rank pari passu with the obligations of the Guarantor under any similar subordinated guarantee agreements issued by the Guarantor on behalf of the holders of preferred or capital debt securities issued by the Issuer Trust and with any other security, guarantee or other obligation that is expressly stated to rank pari passu with the obligations subsidiary of the Guarantor under this Guarantee AgreementGuarantor.

Appears in 1 contract

Samples: Subordinated Guarantee Agreement (Adelphia Communications Corp)

Pari Passu Guarantees. The obligations of the Guarantor under this Guarantee Agreement shall rank pari passu with the obligations of the Guarantor under any similar guarantee agreements Guarantee Agreements issued by the Guarantor on behalf of the holders of preferred or capital securities issued by any Schwab Capital Trust (as defined in the Issuer Trust and with any other security, guarantee or other obligation that is expressly stated to rank pari passu with the obligations of the Guarantor under this Guarantee AgreementIndenture).

Appears in 1 contract

Samples: Guarantee Agreement (Schwab Charles Corp)

Pari Passu Guarantees. The obligations of the Guarantor under this Guarantee Agreement shall rank pari passu with the obligations of the Guarantor under any similar guarantee agreements Guarantee Agreements issued by the Guarantor on behalf of the holders of preferred or capital securities issued by any Trust (as defined in the Issuer Trust and with any other security, guarantee or other obligation that is expressly stated to rank pari passu with the obligations of the Guarantor under this Guarantee Agreement.Indenture). 16 12

Appears in 1 contract

Samples: Guarantee Agreement (Chase Manhattan Corp /De/)

Pari Passu Guarantees. The obligations of the Guarantor under this Guarantee Agreement shall rank pari passu with any similar guarantee agreements issued by the Guarantor on behalf of the holders of preferred or capital securities issued by the Issuer Trust and with any other security, guarantee or other obligation that is expressly stated to rank pari passu with the obligations of the Guarantor under this Guarantee Agreement, including without limiting the foregoing, the guarantee agreement between the Guarantor and the Property Trustee dated ___________, 1997.

Appears in 1 contract

Samples: Guarantee Agreement (Gbci Capital Trust Ii)

Pari Passu Guarantees. The obligations of the Guarantor under this Guarantee Agreement shall rank pari passu with any similar guarantee agreements issued by the Guarantor on behalf of the holders of preferred or capital securities subordinated unsecured notes issued by the Issuer Trust and with any other security, guarantee or other obligation that is expressly stated to rank pari passu entity affiliated with the obligations Guarantor which is a financing vehicle of the Guarantor under this Guarantee AgreementGuarantor.

Appears in 1 contract

Samples: Subordinated Debt Securities Guarantee Agreement (Partnerre LTD)

Pari Passu Guarantees. The obligations of the Guarantor under this Guarantee Agreement shall rank pari passu with the obligations of the Guarantor under any similar guarantee agreements issued by the Guarantor on behalf of the holders of preferred or capital securities issued by the Issuer Trust and with any other security, guarantee or other obligation that is expressly stated to rank pari passu with the obligations of the Guarantor under this Guarantee Agreement.the

Appears in 1 contract

Samples: Guarantee Agreement (Telebanc Capital Trust Ii)

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Pari Passu Guarantees. The obligations of the Guarantor under this This Guarantee Agreement shall rank pari passu with any similar guarantee agreements issued by the Guarantor on behalf of the holders of preferred or capital trust securities issued by the Issuer Trust and with any other security, guarantee or other obligation that is expressly stated to rank pari passu with the obligations of a trust created by the Guarantor under this Guarantee Agreementsimilar to the Issuer.

Appears in 1 contract

Samples: Usb Holding Co Inc

Pari Passu Guarantees. The obligations of the Guarantor under this Guarantee Agreement shall rank pari passu with any similar guarantee agreements issued by the Guarantor on behalf of the holders of preferred or capital trust preferred securities issued by the Issuer Trust and with any other security, guarantee or other obligation that is expressly stated to rank pari passu with the obligations of the Guarantor under this Guarantee Agreement.

Appears in 1 contract

Samples: Guarantee Agreement (GW Capital Trust II)

Pari Passu Guarantees. The obligations of the Guarantor under this This Guarantee Agreement shall rank pari passu with any similar guarantee agreements Guarantees issued by the Guarantor on behalf of the holders of preferred securities of any other trust, partnership or capital other entity affiliated with the Guarantor which is a financing vehicle of the Guarantor or any Affiliate of the Guarantor in connection with the issuance by such entity of preferred securities issued or other securities which are similar to preferred securities that are guaranteed by the Issuer Trust and with any other security, guarantee or other obligation Guarantor pursuant to an instrument that is expressly stated to rank ranks pari passu with the obligations or junior in right of the Guarantor under payment to this Guarantee AgreementGuarantee.

Appears in 1 contract

Samples: Pd Capital Trust Ii

Pari Passu Guarantees. The obligations of the Guarantor Guarantors under this Guarantee Agreement shall rank pari passu with the obligations of the Guarantors under any similar guarantee agreements Guarantee Agreements issued by the Guarantor Guarantors on behalf of the holders of preferred or capital securities issued by any FPC Capital Trust (as defined in the Issuer Trust and with any other security, guarantee or other obligation that is expressly stated to rank pari passu with the obligations of the Guarantor under this Guarantee AgreementIndenture).

Appears in 1 contract

Samples: Guarantee Agreement (Progress Energy Inc)

Pari Passu Guarantees. The obligations of the Guarantor under this This Guarantee Agreement shall rank pari passu with any similar guarantee agreements issued by the Guarantor on behalf of the holders of preferred or capital securities issued by the Issuer Trust and with any other security, guarantee or other obligation that is expressly stated to rank pari passu with the obligations Affiliate of the Guarantor under this Guarantee AgreementGuarantor.

Appears in 1 contract

Samples: Guarantee Agreement (Actuant CORP Capital Trust II)

Pari Passu Guarantees. The obligations of the Guarantor under this This Guarantee Agreement shall rank pari passu with any similar guarantee agreements Guarantee Agreements issued by the Guarantor on behalf of the holders of preferred or capital securities Preferred Securities issued by the Issuer Trust and with any other security, guarantee or other obligation that is expressly stated to rank pari passu with the obligations of the Guarantor under this Guarantee AgreementCPL Capital [ ].

Appears in 1 contract

Samples: Guarantee Agreement (Central Power & Light Co /Tx/)

Pari Passu Guarantees. The obligations of the Guarantor under this Guarantee Agreement shall rank pari passu with any similar guarantee agreements issued by the obligations of the Guarantor on behalf of the holders of preferred or capital securities issued by the Issuer Trust and with any other security, guarantee or other agreement or obligation that is expressly stated to rank pari passu with the obligations of the Guarantor under this Guarantee AgreementAgreement and which includes the obligations of the Guarantor under (i) the Indenture, (ii) the Securities and (iii) the Expense Agreement (as defined in the Declaration of Trust).

Appears in 1 contract

Samples: Guarantee Agreement (Privatebancorp Capital Trust Iv)

Pari Passu Guarantees. (a) The obligations of the Guarantor under this Guarantee Agreement shall rank pari passu with the obligations of the Guarantor under any similar guarantee agreements issued by the Guarantor on behalf of the holders of preferred or capital securities issued by the Issuer Trust and with any other security, guarantee or other obligation that is expressly stated to rank pari passu with the obligations of the Guarantor under this Guarantee AgreementHolders.

Appears in 1 contract

Samples: Matrix Bancorp Inc

Pari Passu Guarantees. The obligations of the Guarantor under this Guarantee Agreement shall rank pari passu with the obligations of the Guarantor relating to the BFG QUIPSSM and any similar guarantee agreements issued by the Guarantor on behalf of the holders of preferred or capital securities issued by a trust or similar entity created by the Issuer Trust Guarantor and with any other securitysimilar to Coltec Capital Trust, guarantee or other obligation that is expressly stated which securities have substantially equivalent terms to rank pari passu with the obligations those of the Guarantor under this Guarantee AgreementTrust Securities.

Appears in 1 contract

Samples: Guarantee Agreement (Enpro Industries Inc)

Pari Passu Guarantees. The obligations of the Guarantor under this Guarantee Agreement shall rank pari passu with the obligations of the Guarantor under any similar guarantee agreements Guarantee Agreements issued by the Guarantor on behalf of the holders of preferred or capital securities issued by any Provident Trust (as defined in the Issuer Trust and with any other security, guarantee or other obligation that is expressly stated to rank pari passu with the obligations of the Guarantor under this Guarantee AgreementIndenture).

Appears in 1 contract

Samples: Provident Guarantee Agreement (Provident Companies Inc /De/)

Pari Passu Guarantees. The obligations of the Guarantor under this Guarantee Agreement shall rank pari passu with the obligations of the Guarantor under any similar guarantee agreements issued by the Guarantor on behalf of the holders of preferred or capital securities issued by the Issuer Trust and with any other security, guarantee or other obligation that is expressly stated to rank pari passu with the obligations of the Guarantor under this Guarantee Agreementstatutory trust.

Appears in 1 contract

Samples: Guarantee Agreement (Goldman Sachs Capital III)

Pari Passu Guarantees. The obligations of the Guarantor under this Guarantee Agreement shall rank pari passu with the obligations of the Guarantor under any similar senior guarantee agreements issued by the Guarantor on behalf of the holders of preferred or capital debt securities issued by the Issuer Trust and with any other security, guarantee or other obligation that is expressly stated to rank pari passu with the obligations subsidiary of the Guarantor under this Guarantee Agreementand with the Senior Debt.

Appears in 1 contract

Samples: Senior Guarantee Agreement (Adelphia Communications Corp)

Pari Passu Guarantees. The obligations of the Guarantor under this Guarantee Agreement shall rank pari passu with the obligations of the Guarantor under any similar guarantee agreements Guarantee Agreements issued by the Guarantor on behalf of the holders of preferred or capital securities issued by any FPC Capital Trust (as defined in the Issuer Trust and with any other security, guarantee or other obligation that is expressly stated to rank pari passu with the obligations of the Guarantor under this Guarantee AgreementIndenture).

Appears in 1 contract

Samples: Guarantee Agreement (FPC Capital Ii)

Pari Passu Guarantees. The obligations of the Guarantor under this Capital Securities Guarantee Agreement shall rank pari passu with the obligations of the Guarantor under any similar guarantee agreements Capital and/or Preferred Securities Guarantee issued by the Guarantor on behalf of the holders of preferred or capital securities issued by any Allstate Trust (as defined in the Issuer Trust and with any other security, guarantee or other obligation that is expressly stated to rank pari passu with the obligations of the Guarantor under this Guarantee AgreementIndenture).

Appears in 1 contract

Samples: Securities Guarantee Agreement (Allstate Corp)

Pari Passu Guarantees. The obligations of the Guarantor under this Guarantee Agreement shall rank pari passu with any similar guarantee agreements issued by the Guarantor on behalf of the holders of preferred or capital common securities issued by the Issuer Trust and with any other security, guarantee or other obligation that is expressly stated to rank pari passu with the obligations of the Guarantor under this Guarantee Agreement.

Appears in 1 contract

Samples: Guarantee Agreement (GW Capital Trust II)

Pari Passu Guarantees. The obligations of the Guarantor under this Exchange Guarantee Agreement shall rank pari passu with any similar guarantee agreements issued by the Guarantor on behalf of the holders of preferred or capital securities issued by the Issuer Trust and with any other security, guarantee or other obligation that is expressly stated to rank pari passu with the obligations of the Guarantor under this Guarantee AgreementExchange Guarantee.

Appears in 1 contract

Samples: Exchange Guarantee Agreement (BSB Capital Trust I)

Pari Passu Guarantees. The obligations of the Guarantor under this This Guarantee Agreement shall rank pari passu with any similar guarantee agreements issued by the Guarantor on behalf of the holders of preferred or capital senior securities issued by the Issuer Trust and with any other security, guarantee or other obligation that is expressly stated to rank pari passu entity affiliated with the obligations Guarantor which is a financing vehicle of the Guarantor under this Guarantee AgreementGuarantor.

Appears in 1 contract

Samples: Senior Debt Securities Guarantee Agreement (Renaissancere Holdings LTD)

Pari Passu Guarantees. The obligations of the Guarantor under this Guarantee Agreement shall rank pari passu with the obligations of the Guarantor under any similar guarantee agreements Guarantee Agreements issued by the Guarantor on behalf of the holders of preferred or capital securities issued by any Mellon Trust (as defined in the Issuer Indenture), except to the extent that the debt securities owned by such Mellon Trust and with any other security, guarantee or other obligation that is expressly stated to rank pari passu with constitute Senior Debt (as defined in the obligations Indenture) of the Guarantor under this Guarantee AgreementGuarantor.

Appears in 1 contract

Samples: Guarantee Agreement (Mellon Financial Corp)

Pari Passu Guarantees. The obligations of the Guarantor under this Series B Guarantee Agreement shall rank pari passu with the obligations of the Guarantor under any similar guarantee agreements issued by the Guarantor on behalf of the holders of preferred or capital securities issued from time to time by the Issuer Trust and with any other security, guarantee one or other obligation that is expressly stated to rank pari passu with the obligations more business trusts of the Guarantor under this Guarantee AgreementGuarantor.

Appears in 1 contract

Samples: Guarantee Agreement (Us Bancorp Capital I)

Pari Passu Guarantees. (a) The obligations of the Guarantor under this Guarantee Agreement shall rank pari passu with the obligations of the Guarantor under any similar guarantee agreements issued by the Guarantor on behalf of with respect to preferred securities (if any) similar to the holders of Preferred Securities, issued by trusts other than the Issuer established or to be established by the Guarantor (if any), in each case similar to the Issuer, including, without limitation, the guarantee agreement issued by the Guarantor with respect to the preferred or capital securities issued by the Issuer Tower Group Statutory Trust and with any other security, guarantee or other obligation that is expressly stated to rank pari passu with the obligations of the Guarantor under this Guarantee Agreement.I.

Appears in 1 contract

Samples: Guarantee Agreement (Tower Group, Inc.)

Pari Passu Guarantees. The obligations of the Guarantor under this This Guarantee Agreement shall ---------------------- rank pari passu with any similar guarantee agreements issued by the Guarantor on ---- ----- behalf of the holders of preferred or capital securities issued by the Issuer Trust and with any other security, guarantee or other obligation that is expressly stated to rank pari passu with ---- ----- the obligations of the Guarantor under this Guarantee Agreement.

Appears in 1 contract

Samples: SJG Capital Trust

Pari Passu Guarantees. The obligations of the Guarantor under this Guarantee Agreement shall rank pari passu with the obligations of the Guarantor under any similar guarantee agreements issued by the Guarantor on behalf of the holders of preferred or capital securities similar to the Capital Securities and issued by any statutory business trust or similar entity established by the Issuer Trust and with any other security, guarantee or other obligation that is expressly stated to rank pari passu with the obligations of the Guarantor under this Guarantee AgreementGuarantor.

Appears in 1 contract

Samples: Guarantee Agreement (Metrocorp Inc)

Pari Passu Guarantees. The obligations of the Guarantor under this Guarantee Agreement shall rank pari passu with the obligations of the Guarantor under any similar guarantee agreements Guarantee Agreements issued by the Guarantor on behalf of the holders of preferred or capital securities the Trust Securities issued by the Issuer Trust and with any other security, guarantee or other obligation that is expressly stated to rank pari passu with (as defined in the obligations of the Guarantor under this Guarantee AgreementIndenture).

Appears in 1 contract

Samples: Guarantee Agreement (Covanta Capital Trust Iii)

Pari Passu Guarantees. The obligations of the Guarantor under this Guarantee Agreement shall rank pari passu with the obligations of the Guarantor under any similar guarantee agreements issued by the Guarantor on behalf of the holders of preferred or capital securities similar to the Preferred Securities and issued by any Affiliate (as defined in the Issuer Trust and with any other security, guarantee or other obligation that is expressly stated to rank pari passu with the obligations of the Guarantor under this Guarantee Subordinated Loan Agreement).

Appears in 1 contract

Samples: Trust Agreement (Diamond Foods Inc)

Pari Passu Guarantees. The obligations of the Guarantor --------------------- under this Guarantee Agreement shall rank pari passu with the obligations of the Guarantor under any similar guarantee agreements Guarantee Agreements issued by the Guarantor on behalf of the holders of preferred or capital securities issued by the Issuer Trust and with any other security, guarantee trusts established by Edison International or other obligation that is expressly stated to rank pari passu with the obligations of the Guarantor under this Guarantee Agreementits Affiliates.

Appears in 1 contract

Samples: Guarantee Agreement (Eix Trust Iii)

Pari Passu Guarantees. The obligations of the Guarantor under this This Guarantee Agreement shall rank pari passu with any similar guarantee agreements issued by the Guarantor on behalf of the holders of preferred or capital securities issued by the Issuer Trust and with any other security, guarantee or other obligation that is expressly stated to rank pari passu with the obligations of the Guarantor under this Guarantee Agreement.of

Appears in 1 contract

Samples: North Fork Bancorporation Inc

Pari Passu Guarantees. The obligations of the Guarantor under --------------------- this Guarantee Agreement shall rank pari passu with the obligations of the Guarantor under any similar guarantee agreements Guarantee Agreements issued by the Guarantor on behalf of the holders of preferred or capital securities issued by the Issuer Trust and with any other security, guarantee trusts established by Guarantor or other obligation that is expressly stated to rank pari passu with the obligations of the Guarantor under this Guarantee Agreementits Affiliates.

Appears in 1 contract

Samples: Guarantee Agreement (Sempra Energy Capital Trust I)

Pari Passu Guarantees. The obligations of the Guarantor under this Guarantee Agreement shall rank pari passu with the obligations of the Guarantor under any similar guarantee agreements issued by the Guarantor on behalf of the holders of preferred or capital securities issued by any Comerica Capital Trust (as defined in the Issuer Trust and with any other security, guarantee or other obligation that is expressly stated to rank pari passu with the obligations of the Guarantor under this Guarantee AgreementIndenture).

Appears in 1 contract

Samples: Guarantee Agreement (Comerica Capital Trust Ii)

Pari Passu Guarantees. The obligations of the Guarantor under this Guarantee Agreement shall rank pari passu with the obligations of the Guarantor relating to the BFG QUIPS(SM) and any similar guarantee agreements issued by the Guarantor on behalf of the holders of preferred or capital securities issued by a trust or similar entity created by the Issuer Trust Guarantor and with any other securitysimilar to Coltec Capital Trust, guarantee or other obligation that is expressly stated which securities have substantially equivalent terms to rank pari passu with the obligations those of the Guarantor under this Guarantee AgreementTrust Securities.

Appears in 1 contract

Samples: Guarantee Agreement (Enpro Industries Inc)

Pari Passu Guarantees. (a) The obligations of the Guarantor under this Guarantee Agreement shall rank pari passu with the obligations of the Guarantor under any similar guarantee agreements issued by the Guarantor on behalf of with respect to preferred securities (if any) similar to the holders of Preferred Securities, issued by trusts other than the Issuer established or to be established by the Guarantor (if any), in each case similar to the Issuer, including, without limitation, the guarantee agreement issued by the Guarantor with respect to the preferred or capital securities issued by the Issuer Trust and with any other security, guarantee or other obligation that is expressly stated to rank pari passu with the obligations of the Guarantor under this Guarantee Agreement.PCC Capital I.

Appears in 1 contract

Samples: Guarantee Agreement (Pacific Crest Capital Inc)

Pari Passu Guarantees. The obligations of the Guarantor under this This Guarantee Agreement shall rank pari passu with any similar guarantee agreements Guarantees issued by the Guarantor on behalf of the holders of preferred or capital securities Preferred Securities issued by Radian Group Capital Trust , and other securities which are similar to Preferred Securities that are guaranteed by the Issuer Trust and with any other security, guarantee or other obligation Guarantor pursuant to an instrument that is expressly stated to rank ranks pari passu with the obligations of the Guarantor under this Guarantee Agreement.

Appears in 1 contract

Samples: Guarantee Agreement (Radian Group Capital Trust II)

Pari Passu Guarantees. The obligations of the Guarantor under this Guarantee Agreement shall rank pari passu with any similar guarantee agreements guarantees issued by the Guarantor on behalf of the holders of preferred or capital securities issued by any other trust similar to the Issuer Trust and with any other security, guarantee or other obligation that is expressly stated to rank pari passu with the obligations of the Guarantor under this Guarantee AgreementGuarantee.

Appears in 1 contract

Samples: Preferred Securities Guarantee Agreement (Centurytel Inc)

Pari Passu Guarantees. The obligations of the Guarantor under this Guarantee Agreement shall rank pari passu with the obligations of the Guarantor under any similar guarantee agreements Guarantee Agreements issued by the Guarantor on behalf of the holders of preferred or capital securities issued by any BankAmerica Trust (as defined in the Issuer Trust and with any other security, guarantee or other obligation that is expressly stated to rank pari passu with the obligations of the Guarantor under this Guarantee AgreementIndenture).

Appears in 1 contract

Samples: Guarantee Agreement (Bankamerica Capital Viii)

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