Common use of Ranking of Obligations Clause in Contracts

Ranking of Obligations. The Borrower’s payment obligations under this Agreement and the Notes will, upon issuance of the Notes, rank pari passu, without preference or priority, with all other unsecured and unsubordinated Indebtedness of the Borrower.

Appears in 20 contracts

Samples: Credit Agreement (Kayne Anderson Energy Infrastructure Fund, Inc.), Credit Agreement, Credit Agreement

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Ranking of Obligations. The Borrower’s Borrower will ensure that its payment obligations under this Agreement and the Notes will, upon issuance of the Notes, will at all times rank at least pari passu, without preference or to priority, with all other unsecured and unsubordinated Indebtedness Debt of the Borrower.

Appears in 5 contracts

Samples: Credit Agreement (Cabot Oil & Gas Corp), Credit Agreement (Cabot Oil & Gas Corp), Credit Agreement (Cabot Oil & Gas Corp)

Ranking of Obligations. The Borrower’s payment obligations under this Agreement and the Notes will, upon issuance the borrowing of the NotesLoans, rank pari passu, without preference or priority, with all other unsecured and unsubordinated Indebtedness of the Borrower.

Appears in 2 contracts

Samples: Credit Agreement (Kayne Anderson MLP Investment CO), Credit Agreement (Kayne Anderson MLP Investment CO)

Ranking of Obligations. The Borrower’s Obligors’ payment obligations under this Agreement and the their respective Notes will, upon issuance of the Notes, rank at least pari passu, without preference or priority, with all other unsecured and unsubordinated Indebtedness of the Borrowersuch Obligor.

Appears in 1 contract

Samples: Colliers International (Colliers International Group Inc.)

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Ranking of Obligations. The Borrower’s payment obligations under this Agreement and the Notes willother Financing Documents, will upon the issuance of the NotesNotes to the extent paid from proceeds of the Collateral, rank senior to all other Indebtedness of the Borrower and will otherwise rank at least pari passu, passu without preference or priority, with all other unsecured and unsubordinated Indebtedness of the Borrower.

Appears in 1 contract

Samples: Note Purchase Agreement (Enterprise Products Partners L P)

Ranking of Obligations. The Borrower’s payment obligations under this Agreement and the Notes will, upon issuance the borrowing of the NotesLoans, rank pari passu, without preference or priority, with all other unsecured and unsubordinated Indebtedness of the Borrower.. Table of Contents

Appears in 1 contract

Samples: Credit Agreement (Kayne Anderson MLP Investment CO)

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