Common use of Pari Passu Debt Clause in Contracts

Pari Passu Debt. Obligors will at all times ensure that the claims and rights of the Credit Parties under this agreement and the other Loan Documents will not be subordinate to, and will rank at all times at least pari passu with, all other Debt of the Companies, except with respect to the Subordinated Notes, which shall (at all times) remain subordinate and inferior to the Obligations. Obligors will not amend, modify or supplement any credit agreement, notes or other document relating to its Debt in any manner which would make them more onerous to the respective Obligor than the provisions of this agreement and the other Loan Documents as in effect from time to time.

Pari Passu Debt. The Obligors will at all times ensure that the claims and rights of the Credit Parties under this agreement Agreement and the other Loan Documents will not be subordinate to, and will rank at all times at least pari passu (without giving effect to any Liens) with, all other Debt of the Companies, except with respect to the Subordinated NotesNotes (or any other Permitted Debt described in CLAUSE (i) of the definition thereof, which shall (at all times) remain subordinate and inferior to the Obligations). The Obligors will not amend, modify or supplement any credit agreement, notes or other document relating to its Debt in any manner which that would make them more onerous to the respective Obligor than the provisions of this agreement Agreement and the other Loan Documents as in effect from time to time.

Pari Passu Debt. The Obligors will at all times ensure that the claims and rights of the Credit Parties under this agreement Agreement and the other Loan Documents will not be subordinate to, and will rank at all times at least pari passu (without giving effect to any Liens) with, all other Debt of the Companies, except with respect to the Subordinated NotesNotes (or any other Permitted Debt described in CLAUSE (i) of the definition thereof, which shall (at all times) remain subordinate and inferior to the Obligations. The Obligors will not amend, modify or supplement any credit agreement, notes or other document relating to its Debt in any manner which would make them more onerous to the respective Obligor than the provisions of this agreement Agreement and the other Loan Documents as in effect from time to time.