Common use of Pari Passu Guarantees Clause in Contracts

Pari Passu Guarantees. The obligations of the Guarantor under this Guarantee Agreement shall rank pari passu with the obligations of the Guarantor under (i) any similar guarantee agreements issued by the Guarantor on behalf of the holders of preferred or capital securities issued by any statutory trust the assets of which consist of debt securities that are pari passu to the Notes and the proceeds thereof, (ii) the Indenture and the Securities (as defined therein) issued thereunder, and (iii) any other security, guarantee or other agreement or obligation that is expressly stated to rank pari passu with the obligations of the Guarantor under this Guarantee Agreement or with any obligation that ranks pari passu with the obligations of the Guarantor under this Guarantee Agreement.

Appears in 7 contracts

Samples: Guarantee Agreement (CT Public Preferred Trust I), Guarantee Agreement (BEE Financing Trust III), Guarantee Agreement (Strategic Hotels & Resorts, Inc)

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Pari Passu Guarantees. The obligations of the Guarantor under this Guarantee Agreement shall rank pari passu with the obligations of the Guarantor under (i) any similar guarantee agreements issued by the Guarantor on behalf of the holders of preferred or capital securities Trust Preferred Securities issued by any statutory trust the assets of which consist of debt securities that are pari passu to the Notes and the proceeds thereofbusiness trust, (ii) the Indenture and the Debt Securities (as defined therein) issued thereunder, ; and (iii) any other security, guarantee or other agreement or obligation that is expressly stated to rank pari passu with the obligations of the Guarantor under this Guarantee Agreement or with any obligation that ranks pari passu with the obligations of the Guarantor under this Guarantee Agreement.

Appears in 6 contracts

Samples: Guarantee Agreement (Whitney Capital Trust I), Guarantee Agreement (Whitney Capital Trust I), Guarantee Agreement (Whitney Capital Trust I)

Pari Passu Guarantees. The obligations of the Guarantor under this Guarantee Agreement shall rank pari passu with the obligations of the Guarantor under (i) any similar guarantee agreements issued by the Guarantor on behalf of the holders of preferred or capital securities issued by any statutory trust Issuer Trust (as defined in the assets of which consist of debt securities that are pari passu to the Notes and the proceeds thereofIndenture), (ii) the Indenture and the Securities (as defined therein) issued thereunder, thereunder and (iii) any other security, guarantee or other agreement or obligation that is expressly stated to rank pari passu with the obligations of the Guarantor under this Guarantee Agreement or with any obligation that ranks pari passu with the obligations of the Guarantor under this Guarantee Agreement.

Appears in 5 contracts

Samples: Guarantee Agreement (South Carolina Electric & Gas Co), Guarantee Agreement (Scana Corp), Guarantee Agreement (Scana Corp)

Pari Passu Guarantees. The obligations of the Guarantor under this Guarantee Agreement shall rank pari passu with the obligations of the Guarantor under (i) any similar guarantee agreements issued by the Guarantor on behalf of the holders of preferred or capital securities issued by any statutory trust Owenx Xxxst (as defined in the assets of which consist of debt securities that are pari passu to the Notes and the proceeds thereofIndenture), (ii) the Indenture and the Securities (as defined therein) issued thereunder, and (iii) any other security, guarantee or other agreement or obligation that is expressly stated to rank pari passu with the obligations of the Guarantor under this Guarantee Agreement or with any obligation that ranks pari passu with the obligations of the Guarantor under this Guarantee Agreement.

Appears in 4 contracts

Samples: Guarantee Agreement (Owens Corning Capital Ii), Guarantee Agreement (Owens Corning Capital Ii), Guarantee Agreement (Owens Corning Capital Ii)

Pari Passu Guarantees. The obligations of the Guarantor under this Guarantee Agreement shall rank pari passu with the obligations of the Guarantor under (i) any similar guarantee agreements issued by the Guarantor on behalf of the holders of preferred or capital securities issued by any statutory trust Issuer Trust (as defined in the assets of which consist of debt securities that are pari passu to the Notes and the proceeds thereof, Indenture); (ii) the Indenture and the Securities (as defined therein) issued thereunder, ; and (iii) any other security, guarantee or other agreement or obligation that is expressly stated to rank pari passu with the obligations of the Guarantor under this Guarantee Agreement or with any obligation that ranks pari passu with the obligations of the Guarantor under this Guarantee Agreement.

Appears in 3 contracts

Samples: Guarantee Agreement (First Hawaiian Capital I), Guarantee Agreement (HSB Group Inc), Guarantee Agreement (First Hawaiian Capital I)

Pari Passu Guarantees. The obligations of the Guarantor under this Guarantee Agreement shall rank pari passu with the obligations of the Guarantor under (i) any similar guarantee agreements issued by the Guarantor on behalf of the holders of preferred or capital securities issued by any statutory trust PMI Trust (as defined in the assets of which consist of debt securities that are pari passu to the Notes and the proceeds thereofIndenture), (ii) the Indenture and the Securities (as defined therein) issued thereunder, and (iii) any other security, guarantee or other agreement or obligation that is expressly stated to rank pari passu with the obligations of the Guarantor under this Guarantee Agreement or with any obligation that ranks pari passu with the obligations of the Guarantor under this Guarantee Agreement.

Appears in 2 contracts

Samples: Guarantee Agreement (Pmi Group Inc), Guarantee Agreement (Pmi Capital I)

Pari Passu Guarantees. The obligations of the Guarantor under this Guarantee Agreement shall rank pari passu with the obligations of the Guarantor under (i) any similar guarantee agreements issued by the Guarantor on behalf of the holders of preferred or capital securities issued by any statutory trust Providian Trust (as defined in the assets of which consist of debt securities that are pari passu to the Notes and the proceeds thereofIndenture), (ii) the Indenture and the Securities (as defined therein) issued thereunder, and (iii) any other security, guarantee or other agreement or obligation that is expressly stated to rank pari passu with the obligations of the Guarantor under this Guarantee Agreement or with any obligation that ranks pari passu with the obligations of the Guarantor under this Guarantee Agreement.

Appears in 1 contract

Samples: Guarantee Agreement (Providian Financial Corp)

Pari Passu Guarantees. The obligations of the Guarantor under this Guarantee Agreement shall rank pari passu with the obligations of the Guarantor under (i) any similar guarantee agreements issued by the Guarantor on behalf of the holders of preferred or capital trust securities issued by any statutory trust the assets of which consist of debt securities that are pari passu to the Notes and the proceeds thereofDebentures, (ii) the Indenture and the Debt Securities (as defined therein) issued thereunder, and (iii) any other security, guarantee or other agreement or obligation that is expressly stated to rank pari passu with the obligations of the Guarantor under this Guarantee Agreement or with any obligation that ranks pari passu with the obligations of the Guarantor under this Guarantee Agreement.

Appears in 1 contract

Samples: Guarantee Agreement (GE Capital Trust I)

Pari Passu Guarantees. The obligations of the Guarantor under this Guarantee Agreement shall rank pari passu with the obligations of the Guarantor under (i) any similar guarantee agreements issued by the Guarantor on behalf of the holders of preferred or capital securities Preferred Securities issued by any statutory trust the assets of which consist of debt securities that are pari passu to Issuer Trust (as defined in the Notes and the proceeds thereofIndenture), (ii) the Indenture and the Securities (as defined therein) issued thereunder, ; (iii) the Expense Agreement (as defined in the Trust Agreement) and (iiiiv) any other security, guarantee or other agreement or obligation that is expressly stated to rank pari passu with the obligations of the Guarantor under this Guarantee Agreement or with any obligation that ranks pari passu with the obligations of the Guarantor under this Guarantee Agreement.

Appears in 1 contract

Samples: Guarantee Agreement (First Coastal Capital Trust)

Pari Passu Guarantees. The obligations of the Guarantor under this Guarantee Agreement shall rank pari passu with the obligations of the Guarantor under (i) any similar guarantee agreements issued by the Guarantor on behalf of the holders of preferred or capital securities issued by any statutory trust the assets of which consist of debt securities that are pari passu to the Notes Debentures and the proceeds thereof, (ii) the Indenture and the Debt Securities (as defined therein) issued thereunder, and (iii) any other security, guarantee or other agreement or obligation that is expressly stated to rank pari passu with the obligations of the Guarantor under this Guarantee Agreement or with any obligation that ranks pari passu with the obligations of the Guarantor under this Guarantee Agreement.

Appears in 1 contract

Samples: Guarantee Agreement (Bear Stearns Capital Trust Iv)

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Pari Passu Guarantees. The obligations of the Guarantor under this Guarantee Agreement shall rank pari passu with (i) the obligations of the Guarantor under (i) any similar guarantee agreements issued by the Guarantor on behalf of the holders of preferred or capital securities issued by any statutory trust the assets of which consist of debt securities that are pari passu to Issuer Trust (as defined in the Notes and the proceeds thereofIndenture), (ii) the Indenture and the Securities (as defined therein) issued thereunder, (iii) the Expense Agreement (as defined in the Trust Agreement) and (iiiiv) any other security, guarantee or other agreement or obligation that is expressly stated to rank pari passu with the obligations of the Guarantor under this Guarantee Agreement or with any obligation that ranks pari passu with the obligations of the Guarantor under this Guarantee Agreement.

Appears in 1 contract

Samples: Guarantee Agreement (CSC Capital Iii)

Pari Passu Guarantees. The obligations of the Guarantor under this Guarantee Agreement shall rank pari passu with the obligations of the Guarantor under (i) any similar guarantee agreements issued by the Guarantor on behalf of the holders of preferred or capital securities issued by any statutory trust the assets of which consist of debt securities that are pari passu to the Notes and the proceeds thereofbusiness trust, (ii) the Indenture and the Securities (as defined therein) debt securities issued thereunder; (iii) any expense agreements entered into by the Guarantor in connection with the offering of preferred or capital securities by any business trust, and (iiiiv) any other security, guarantee or other agreement or obligation that is expressly stated to rank pari passu with the obligations of the Guarantor under this Guarantee Agreement or with any obligation that ranks pari passu with the obligations of the Guarantor under this Guarantee Agreement.

Appears in 1 contract

Samples: Guarantee Agreement (Visteon Corp)

Pari Passu Guarantees. The obligations of the Guarantor under this Guarantee Agreement shall rank pari passu with the obligations of the Guarantor under (i) any similar guarantee agreements issued by the Guarantor on behalf of the holders of preferred or capital securities Trust Preferred Securities issued by any statutory trust the assets of which consist of debt securities that are pari passu to the Notes and the proceeds thereofbusiness trust, (ii) the Indenture and the Debt Securities (as defined therein) issued thereunder, ; and (iii) any other security, guarantee or other agreement or obligation that is and expressly stated to rank pari passu with the obligations of the Guarantor under this Guarantee Agreement or with any obligation that ranks pari passu with the obligations of the Guarantor under this Guarantee Agreement.

Appears in 1 contract

Samples: Guarantee Agreement (Indymac Capital Trust I)

Pari Passu Guarantees. The obligations of the Guarantor under this Guarantee Agreement shall rank pari passu with the its obligations of the Guarantor under (i) any similar guarantee agreements issued by the Guarantor on behalf of the holders of preferred or capital securities issued by any statutory trust the assets of which consist of debt securities that are pari passu to the Notes and the proceeds thereof, Debentures; (ii) the Indenture to the extent applicable to the Debentures and the Securities (as defined therein) issued thereunder, thereunder that rank pari passu with the Debentures; and (iii) any other security, guarantee or other agreement or obligation that is expressly stated to rank pari passu with the obligations of the Guarantor under this Guarantee Agreement or with any obligation that ranks pari passu with the obligations of the Guarantor under this Guarantee Agreement.

Appears in 1 contract

Samples: Guarantee Agreement (First Niagara Financial Group Inc)

Pari Passu Guarantees. The obligations of the Guarantor under this Guarantee Agreement shall rank pari passu with the obligations of the Guarantor under (i) any similar guarantee agreements issued by the Guarantor on behalf of the holders of preferred or capital securities issued by any statutory trust the assets of which consist of debt securities that are pari passu to Issuer Trust (as defined in the Notes and the proceeds thereof-13- Indenture), (ii) the Indenture and the Securities (as defined therein) issued thereunder, ; (iii) the Expense Agreement (as defined in the Trust Agreement) and (iiiiv) any other security, guarantee or other agreement or obligation that is expressly stated to rank pari passu with the obligations of the Guarantor under this Guarantee Agreement or with any obligation that ranks pari passu with the obligations of the Guarantor under this Guarantee Agreement.

Appears in 1 contract

Samples: Guarantee Agreement (American Express Co Capital Trust Ii)

Pari Passu Guarantees. The obligations of the Guarantor under this Guarantee Agreement shall rank pari passu with (i) the obligations of the Guarantor under (i) any similar guarantee agreements issued by the Guarantor on behalf of the holders of preferred or capital securities issued by any statutory trust the assets of which consist of debt securities that are pari passu to Issuer Trust (as defined in the Notes and the proceeds thereofIndenture), (ii) the Indenture and the Securities (as defined therein) issued thereunder, (iii) the Expense Agreement (as defined in the Declaration of Trust) and (iiiiv) any other security, guarantee or other agreement or obligation that is expressly stated to rank pari passu with the obligations of the Guarantor under this Guarantee Agreement or with any obligation that ranks pari passu with the obligations of the Guarantor under this Guarantee Agreement.

Appears in 1 contract

Samples: Guarantee Agreement (CCC Capital Trust Ii)

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