Ratable Distributions. Any distribution otherwise payable to the Holder made to holders of Senior Debt pursuant to this Section 6 shall be made to such holders of Senior Debt ratably according to the respective amount of Senior Debt held by each, taking into account any priorities which may be established among the holders of such Senior Debt.
Appears in 2 contracts
Samples: Termination Agreement (Lazard Group LLC), Lazard Group LLC
Ratable Distributions. Any distribution otherwise payable to the Holder made to holders of Senior Debt pursuant to this Section 6 7 shall be made to such holders of Senior Debt ratably according to the respective amount of Senior Debt held by each, taking into account any priorities which may be established among the holders of such Senior Debt.
Appears in 2 contracts
Samples: Termination Agreement (Lazard Group LLC), Lazard LTD
Ratable Distributions. Any distribution otherwise payable to the Holder made to holders of Senior Debt pursuant to this Section 6 shall be made to such holders of Senior Debt ratably according to the respective amount of Senior Debt held by each, taking into account any priorities which may be established among the holders of such Senior DebtDebt pursuant to applicable law.
Appears in 2 contracts
Samples: Termination Agreement (Lazard Group LLC), Registration Rights Agreement (Lazard LTD)
Ratable Distributions. Any distribution otherwise payable to the Holder made to holders of Senior Debt pursuant to this Section 6 8 shall be made to such holders of Senior Debt ratably according to the respective amount of Senior Debt held by each, taking into account any priorities which may be established among the holders of such Senior DebtDebt pursuant to applicable law.
Appears in 1 contract
Samples: Lazard LTD
