Common use of Administrative Priority Clause in Contracts

Administrative Priority. The Borrower hereby agrees that the Obligations of the Borrower shall constitute allowed administrative expenses in the Chapter 11 Case having priority over all administrative expenses of and unsecured claims against the Borrower now existing or hereafter arising, of any kind or nature whatsoever, including without limitation all administrative expenses of the kind specified in Sections 503(b) and 507(b) of the Bankruptcy Code, subject, as to priority, only to Carve-Out Expenses having priority over the Obligations to the extent set forth in the definition of Agreed Administrative Expense Priorities.

Administrative Priority. The Borrower hereby agrees that the Obligations of the Borrower shall will ----------------------- constitute allowed administrative expenses in the Chapter 11 Case having priority over all other administrative expenses of and unsecured claims against the Borrower now existing or hereafter arising, of any kind or nature whatsoever, including without limitation all administrative expenses of the kind specified in Sections 503(b) and 507(b) of the Bankruptcy Code, subject, as to priority, only to Carve-Out Expenses having a priority over the Obligations to the extent set forth in the definition of Agreed Administrative Expense Priorities.Section 2.11. ------------

Administrative Priority. (1) The Borrower hereby agrees that the Obligations obligations of the Borrower shall will constitute allowed administrative expenses in the Chapter 11 Case having priority over all other administrative expenses of and unsecured claims against the Borrower Borrower, now existing or hereafter arising, of any kind or nature whatsoever, including without limitation all other administrative expenses expenses, charges or claims of the kind specified in Sections 503(b), 506(c), 507(b) and 507(b723(b) of the Bankruptcy Code, subject, as to priority, only to Carve-Out Expenses having Expenses; provided, however, that the administrative priority over the Obligations accorded to the extent set forth in the definition of Agreed Administrative Expense PrioritiesLender shall not extend to Avoidance Actions.

Administrative Priority. The Borrower hereby agrees that the Obligations of the Borrower shall constitute allowed administrative expenses in the Chapter 11 Case having priority over all administrative expenses of and unsecured claims against the Borrower now existing or hereafter arising, of any kind or nature whatsoever, including without limitation all administrative expenses of the kind specified in Sections 503(b) and 507(b) of the Bankruptcy Code, subject, as to priority, only to Carve-Out Expenses having priority over other than those expenses constituting the Obligations to the extent set forth in the definition of Agreed Administrative Expense Priorities"Carveout".