Equal and Ratable Sample Clauses
Equal and Ratable. Lien Sharing by Holders of Notes and Holders of Term Loans................................................................... 110 SECTION 12.02. Enforcement.................................................................. 110 SECTION 12.03. Amendment.................................................................... 110 ARTICLE XIII GUARANTEES
Equal and Ratable. Lien Sharing by Holders of Notes and Holders of Additional Pari Passu Indebtedness; Intercreditor Agreement 80 INDENTURE, dated as of October 1, 2009, between FelCor Escrow Holdings, L.L.C., a Delaware limited liability company (“Escrow Subsidiary”) and U.S. Bank National Association, a national banking association, as trustee (the “Trustee”) and as collateral agent (“Collateral Agent”). For purposes of this Indenture, prior to the Assumption (as defined herein), references to FelCor LP, FelCor and the Guarantors, individually or collectively shall be deemed to refer to Escrow Subsidiary (unless the context otherwise requires). From and after the Assumption, references to FelCor LP, FelCor and the Guarantors, individually or collectively shall be deemed to be references to such entities. Escrow Subsidiary has duly authorized the execution and delivery of this Indenture to provide for the issuance initially of up to $636,000,000 aggregate principal amount at maturity of Escrow Subsidiary’s 10% Senior Secured Notes Due 2014 issuable as provided in this Indenture. All things necessary to make this Indenture a valid agreement of Escrow Subsidiary in accordance with its terms have been done, and Escrow Subsidiary has done all things necessary to make the Notes, when executed by Escrow Subsidiary and authenticated and delivered by the Trustee hereunder and duly issued by Escrow Subsidiary, the valid obligations of Escrow Subsidiary as hereinafter provided. This Indenture is subject to, and shall be governed by, the provisions of the Trust Indenture Act of 1939, as amended, that are required to be a part of and to govern indentures qualified under the Trust Indenture Act of 1939, as amended. For and in consideration of the premises and the purchase of the Notes by the Holders thereof, it is mutually covenanted and agreed, for the equal and proportionate benefit of all Holders, as follows:
Equal and Ratable. SECURITY 10.1.
Equal and Ratable. This Guaranty is being given on an equal and ratable basis with the guaranties given by the Guarantors to holders of the Company's other senior notes and to the banks which are parties to the Credit Agreement.
Equal and Ratable. Lien Sharing by Holders of Notes and holders of other Parity Secured Debt....................................................... 82 Section 11.02 Reserved................................................................................... 82 Section 11.03
