Common use of PARI PASSU TREATMENT Clause in Contracts

PARI PASSU TREATMENT. (a) Notwithstanding anything to the contrary set forth herein, each payment or prepayment of principal and interest received after the occurrence of an Event of Default hereunder shall be distributed pari passu among the Banks, in accordance with the aggregate outstanding principal amount of the Obligations owing to each Bank divided by the aggregate outstanding principal amount of all Obligations.

PARI PASSU TREATMENT. (a) Notwithstanding anything to the contrary set forth herein, each payment or prepayment of principal and interest received after the occurrence and during the continuance of an Event of Default hereunder shall be distributed pari passu among the Banks, in accordance with the aggregate outstanding principal amount of the Obligations owing to each Bank divided by the aggregate outstanding principal amount of all Obligations.

PARI PASSU TREATMENT. (a) Notwithstanding anything to the contrary set forth herein, each payment or prepayment of principal and interest received after the occurrence of an Event of Default hereunder shall be distributed pari passu among the Banks, in accordance with the aggregate outstanding principal amount of the Obligations owing to each Bank (including its Letter of Credit Participations and any Reimbursement Obligations owing to it) divided by the aggregate outstanding principal amount of all ObligationsObligations (including any Obligations not then due and payable).

PARI PASSU TREATMENT. (a) Notwithstanding anything to the contrary set forth herein, each payment or prepayment of principal and interest received after the occurrence of an Event of Default hereunder shall be distributed pari passu among the BanksLenders, in accordance with the aggregate outstanding principal amount of the Obligations owing to each Bank Lender divided by the aggregate outstanding principal amount of all Obligations.

PARI PASSU TREATMENT. (a) Notwithstanding anything to the contrary set forth herein, each payment or prepayment of principal and interest received after the occurrence of an Event of Default hereunder shall be distributed pari passu among the Banks, in accordance with the aggregate outstanding principal amount of the Obligations owing to each Bank divided by the aggregate outstanding principal amount of all Obligations.

PARI PASSU TREATMENT. (a) Notwithstanding anything to the contrary set forth herein, each payment or prepayment of principal and interest received after the occurrence of an Event of Default hereunder shall be distributed pari passu among the Banks, in accordance with the aggregate outstanding principal amount of the Obligations owing to each Bank divided by the aggregate outstanding principal amount of all Obligations...

PARI PASSU TREATMENT. (a) Notwithstanding anything to the contrary set forth herein, each payment or prepayment of principal and interest received after the occurrence of an Event of Default hereunder shall be distributed pari passu among the BanksBanks and the Issuing Bank, in accordance with the aggregate outstanding principal amount of the Obligations owing to each Bank and the Issuing Bank (including its Letter of Credit Participations and any Reimbursement Obligations owing to it) divided by the aggregate outstanding principal amount of all ObligationsObligations (including any Obligations not then due and payable).

PARI PASSU TREATMENT. (a) Notwithstanding anything to the contrary set forth hereinherein (other than as set forth in ss.13.4), each payment or prepayment of principal and interest received after the occurrence of an Event of Default hereunder shall be distributed pari passu among the BanksLenders, in accordance with the aggregate outstanding principal amount of the Obligations owing to each Bank Lender divided by the aggregate outstanding principal amount of all Obligations.

PARI PASSU TREATMENT. (a) Notwithstanding anything to the contrary set forth herein, each payment or prepayment of principal and interest received after the occurrence of an Event of Default 85 -79- hereunder shall be distributed pari passu among the Banks, in accordance with the aggregate outstanding principal amount of the Obligations owing to each Bank divided by the aggregate outstanding principal amount of all Obligations.

PARI PASSU TREATMENT. (a) Notwithstanding Subject to ss.13.4 and notwithstanding anything to the contrary set forth herein, each payment or prepayment of oF principal and interest received after the occurrence of an Event of Default hereunder shall be distributed pari passu among the BanksLenders, in accordance with the aggregate outstanding principal amount of the Obligations owing to each Bank Lender divided by the aggregate outstanding principal amount of all Obligations.

PARI PASSU TREATMENT. (a) Notwithstanding Subject to (S)31 and notwithstanding anything to the contrary set forth herein, each payment or prepayment of principal and interest received after the occurrence of an Event of Default hereunder shall be distributed pari passu among the Banks, in accordance with the aggregate outstanding principal amount of the Obligations owing to each Bank divided by the aggregate outstanding principal amount of all Obligations.

PARI PASSU TREATMENT. (a) Notwithstanding anything to the contrary set forth hereinherein (other than as set forth in §13.4), each payment or prepayment of principal and interest received after the occurrence of an Event of Default hereunder shall be distributed pari passu among the BanksLenders, in accordance with the aggregate outstanding principal amount of the Obligations owing to each Bank Lender divided by the aggregate outstanding principal amount of all Obligations.

PARI PASSU TREATMENT. (a) Notwithstanding anything to the contrary set forth herein, each payment or prepayment of principal and interest received after the occurrence of an Event of Default hereunder shall be distributed pari passu among the BanksLenders, in accordance with the aggregate outstanding principal amount of the Obligations owing to each Bank Lender (including its Letter of Credit Participations and any Reimbursement Obligations owing to it and including any Bankers' Acceptances) divided by the aggregate outstanding principal amount of all ObligationsObligations (including any Obligations not then due and payable).

PARI PASSU TREATMENT. (a) Notwithstanding anything to the contrary set forth herein, each payment or prepayment of principal and interest received after the occurrence of an Event of Default hereunder shall be distributed pari passu among the Banks, in accordance with the aggregate outstanding principal amount of the Obligations owing to each Bank divided by the aggregate outstanding principal amount of all Obligations.. BOS-BUSN:552657.1