Designation as Senior Debt. Each Credit Party shall, and shall cause each of its Subsidiaries to, ensure that all Obligations are designated as “Senior Indebtedness” and are at least pari passu with all unsecured debt of such Credit Party and each Subsidiary.
Appears in 13 contracts
Samples: Credit Agreement (Omega Healthcare Investors Inc), Credit Agreement (Omega Healthcare Investors Inc), Credit Agreement (Omega Healthcare Investors Inc)
Designation as Senior Debt. Each Credit Loan Party shall, and shall cause each of its Subsidiaries to, ensure that all Obligations are designated as “Senior Indebtedness” of and are at least pari passu with all unsecured debt of such Credit Loan Party and each Subsidiary.
Appears in 8 contracts
Samples: Term Loan Agreement (Retail Opportunity Investments Partnership, LP), Credit Agreement (Retail Opportunity Investments Partnership, LP), Term Loan Agreement (Retail Opportunity Investments Partnership, LP)
Designation as Senior Debt. Each Credit Party shall, and shall cause each of its Subsidiaries to, ensure Ensure that all Obligations are designated as “Senior Indebtedness” and are at least pari passu with all unsecured debt of such Credit Party and each SubsidiaryConsolidated Party.
Appears in 2 contracts
Samples: Credit Agreement (Omega Healthcare Investors Inc), Credit Agreement (Omega Healthcare Investors Inc)
Designation as Senior Debt. Each All Credit Party shall, Obligations are hereby designated by the Credit Parties as “Designated Senior Debt” for purposes of and shall cause as defined in each of its Subsidiaries to, ensure that all Obligations are designated as “Senior Indebtedness” and are at least pari passu with all unsecured debt of such Credit Party and each Subsidiarythe Subordinated Note Indentures.
Appears in 1 contract
Samples: Credit Agreement (Airgas Inc)
