Common use of The Guarantee to Rank on Parity with Other Unsecured Indebtedness Clause in Contracts

The Guarantee to Rank on Parity with Other Unsecured Indebtedness. The obligations of each Guarantor under this Guarantee shall rank on a parity with all other unsecured and unsubordinated indebtedness of such Guarantor now or hereafter existing.

Appears in 3 contracts

Samples: Guarantee (Teco Energy Inc), Guarantee (Teco Energy Inc), Guarantee (Tampa Electric Co)

AutoNDA by SimpleDocs

The Guarantee to Rank on Parity with Other Unsecured Indebtedness. The obligations of each Guarantor under this Guarantee shall rank on a parity with all other unsecured and unsubordinated indebtedness of such Guarantor now or hereafter existing.

Appears in 2 contracts

Samples: Guarantee (Teco Energy Inc), Guarantee (Tampa Electric Co)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.