Common use of Pari Passu Guarantees Clause in Contracts

Pari Passu Guarantees. This Trust Guarantee shall rank pari passu with any similar trust guarantee agreements issued by the Guarantor on behalf of the holders of securities similar to the Trust Preferred Securities issued by any similar trusts in the past or future.

Appears in 4 contracts

Samples: Trust Guarantee Agreement (Maui Electric Co LTD), Trust Guarantee Agreement (Hawaiian Electric Co Inc), Trust Guarantee Agreement (Hawaiian Electric Co Inc)

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Pari Passu Guarantees. This Trust Guarantee shall rank pari passu with any similar trust guarantee agreements issued by the Guarantor on behalf of the holders of securities similar to the Trust Preferred Securities issued by any similar trusts in the past or future.

Appears in 2 contracts

Samples: Trust Guarantee Agreement (Hawaiian Electric Co Inc), Trust Guarantee Agreement (Heco Capital Trust I)

Pari Passu Guarantees. This Trust Guarantee Agreement shall rank pari passu with any similar trust guarantee agreements issued by the Guarantor on behalf of the holders of trust securities issued by a trust created by the Guarantor similar to the BancorpSouth Capital Trust Preferred Securities issued by any similar trusts in the past or future.I.

Appears in 2 contracts

Samples: Form of Guarantee Agreement (Bancorpsouth Inc), Guarantee Agreement (Bancorpsouth Inc)

Pari Passu Guarantees. This Trust Exchange Guarantee shall rank pari passu with any similar trust guarantee agreements issued by the Guarantor on behalf of the holders of trust securities issued by a trust created by the Guarantor similar to the North Fork Capital Trust Preferred Securities issued by any similar trusts in the past or future.I.

Appears in 1 contract

Samples: North Fork Capital Trust I

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Pari Passu Guarantees. This Trust Exchange Guarantee shall rank pari passu with any similar trust guarantee agreements issued by the Guarantor on behalf of the holders of trust securities issued by a trust created by the Guarantor similar to the Trust Preferred Securities issued by any similar trusts in the past or futureIssuer.

Appears in 1 contract

Samples: Exchange Guarantee Agreement (Usb Holding Co Inc)

Pari Passu Guarantees. This Trust Guarantee Agreement shall rank pari passu with any similar trust guarantee agreements issued by the Guarantor on behalf of the holders of trust securities issued by a trust created by the Guarantor similar to the Trust Preferred Securities issued by any similar trusts in the past or futureColtec Capital Trust.

Appears in 1 contract

Samples: Guarantee Agreement (Coltec Capital Trust)

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