Designation of Senior Debt. Each Obligor shall, and shall cause its Subsidiaries to, designate any of the Indebtedness under the Loan Documents as “Designated Senior Indebtedness” (or any similar term) under the terms of any Subordinated Indebtedness. The Indebtedness under the Loan Documents is pari passu with the Indebtedness represented by the Senior Notes.
Appears in 2 contracts
Samples: Credit Agreement (Igate Corp), Credit Agreement (Igate Corp)
Designation of Senior Debt. Each Obligor shall, and shall cause its respective Subsidiaries to, designate any of the Indebtedness under the Loan Documents as “Designated Senior Indebtedness” (or any similar term) under the terms of any Subordinated Indebtedness. The Indebtedness under the 57 ITI Term Loan Documents is pari passu with the Indebtedness represented by the Senior Notes.Agreement
Appears in 1 contract
Samples: Credit Agreement (Igate Corp)
Designation of Senior Debt. Each Obligor The Borrower shall, and shall cause its Subsidiaries to, designate any of the Indebtedness under the Loan Documents as “Designated Senior Indebtedness” (or any similar term) under the terms of any Subordinated Indebtedness. The Indebtedness under the Loan Documents is pari passu with the Indebtedness represented by the Senior Notes.
Appears in 1 contract
Samples: Credit Agreement (Igate Corp)
