Common use of RANK OF GUARANTY Clause in Contracts

RANK OF GUARANTY. Each Guarantor will ensure that its payment obligations under this Guaranty Agreement will at all times rank at least pari passu, without preference or priority, with all other unsecured and unsubordinated Indebtedness of such Guarantor now or hereafter existing.

Appears in 19 contracts

Samples: Private Shelf Agreement (Graybar Electric Co Inc), Subsidiary Guaranty Agreement (Franklin Electric Co Inc), Guaranty Agreement (Federated Hermes, Inc.)

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RANK OF GUARANTY. Each The Guarantor will ensure that its payment obligations under this Guaranty Agreement will at all times rank at least pari passu, without preference or priority, with all other unsecured and unsubordinated Indebtedness of such the Guarantor now or hereafter existing.

Appears in 14 contracts

Samples: Guaranty Agreement (Global Water Resources, Inc.), Guaranty Agreement (Global Water Resources, Inc.), Guaranty Agreement (Global Water Resources, Inc.)

RANK OF GUARANTY. Each Guarantor will ensure that its payment obligations under this Guaranty Agreement will at all times rank at least pari passu, without preference or priority, passu with all other unsecured and unsubordinated Indebtedness indebtedness of such Guarantor now or hereafter existing.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Northwest Natural Holding Co)

RANK OF GUARANTY. Each The Guarantor will ensure agrees that its payment obligations under this Guaranty Agreement will at all times shall rank at least pari passu, without preference or priority, passu with all other unsecured and unsubordinated Indebtedness Senior Debt of such the Guarantor now or hereafter existing.

Appears in 1 contract

Samples: Guaranty Agreement (Schneider National, Inc.)

RANK OF GUARANTY. Each [Each][The] Guarantor will ensure that its payment obligations under this Subsidiary Guaranty Agreement will at all times rank at least pari passu, without preference or priority, with all other unsecured and unsubordinated Indebtedness of such Guarantor now or hereafter existing.

Appears in 1 contract

Samples: Note Purchase Agreement (Laclede Group Inc)

RANK OF GUARANTY. Each Guarantor will ensure that its payment obligations under this Guaranty Agreement will at all times rank at least pari passu, without preference or priority, with all other senior unsecured and unsubordinated Indebtedness of such Guarantor now or hereafter existing.

Appears in 1 contract

Samples: Subsidiary Guaranty Agreement (Otter Tail Corp)

RANK OF GUARANTY. Each Subsidiary Guarantor will ensure that its payment obligations under this Guaranty Agreement will at all times rank at least pari passu, without preference or priority, with all other unsecured and unsubordinated Indebtedness of such Subsidiary Guarantor now or hereafter existing.

Appears in 1 contract

Samples: Subsidiary Guaranty Agreement (Morningstar, Inc.)

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RANK OF GUARANTY. Each Guarantor will ensure that its payment obligations under this Guaranty Agreement will at all times rank at least pari passu, without preference or priority, with all other unsecured unsecured16 and unsubordinated Indebtedness of such Guarantor now or hereafter existing.

Appears in 1 contract

Samples: Guaranty Agreement

RANK OF GUARANTY. Each Guarantor will ensure that its payment obligations under this Guaranty Agreement will at all times rank at least pari passupassu as against the assets of such Guarantor, without preference or priority, with all other unsecured and unsubordinated Indebtedness Senior Debt of such Guarantor now or hereafter existing.

Appears in 1 contract

Samples: Subsidiary Guaranty Agreement (Fastenal Co)

RANK OF GUARANTY. Each The Guarantor will ensure that its payment obligations under this Guaranty Agreement will at all times rank at least pari passu, without preference or priority, with all other unsecured and unsubordinated Indebtedness indebtedness of such the Guarantor now or hereafter existing.

Appears in 1 contract

Samples: Guaranty Agreement (CAMAC Energy Inc.)

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