Examples of Other Pari Passu Obligations in a sentence

If the aggregate principal amount of Notes and, if applicable, Other Pari Passu Obligations tendered into such Asset Sale Offer exceeds the amount of Excess Proceeds, the Trustee will select the Notes and such Other Pari Passu Obligations to be purchased on a pro rata basis.
Hungary further developed its professional systems supporting the implementation of SIS II and data transfer routs were established at 16 border crossing points to support the implementation of both SIS and VIS.
Inventions including part-time faculty, consultants and visiting scientists may create a risk of dual assignment obligations.
The Intercreditor Agreements define the relative rights, as lienholders, of holders of Liens securing First-Priority Lien Obligations, holders of Liens securing the Notes Obligations and Other Pari Passu Obligations and holders of Liens securing Junior Lien Obligations.
If PES or a Restricted Subsidiary of PES consummates any Asset Sales, on the 361st day after the Asset Sale (or, at PES’s option, any earlier date), if the aggregate amount of Excess Proceeds then exceeds $5.0 million, PES will make an Asset Sale Offer to all Holders of Notes, and, at PES’s option, all holders of Other Pari Passu Obligations, to purchase the maximum principal amount of Notes and such other pari passu Indebtedness that may be purchased out of the Excess Proceeds.

More Definitions of Other Pari Passu Obligations

Other Pari Passu Obligations means any Indebtedness (i) ranking pari passu in right of payment with the Notes and (ii) not secured by any Lien on the Collateral that ranks senior in priority to any Lien on the Collateral held by the Collateral Agent for the benefit of the Second Lien Creditors.

Other Pari Passu Obligations means all Obligations with respect to any Indebtedness of the Issuer and the Guarantors (other than the Note Obligations) that is equally and ratably secured on a second-priority basis by the Collateral with the Notes, and is permitted to be incurred and so secured under the Pari Passu Documents and the Intercreditor Agreements.

Other Pari Passu Obligations means, as at any date, the aggregate outstanding amount of all net obligations of any Obligor owing on such date to any Lender, the Arranger, or any Affiliate of any Lender or the Arranger in respect of any Hedging Agreement to the extent that such obligations are secured pursuant to the Security Documents.

Other Pari Passu Obligations means all Obligations with respect to any Indebtedness of the Issuer and the Guarantors (other than the Note Obligations) that that are secured by Liens ranking pari passu in priority with those securing the Note Obligations, including (i) Indebtedness and related Obligations under the Existing First-Priority Secured Notes, and the Existing Term Loan Facility, and (ii) other Indebtedness and related Obligations permitted under the Note Documents to be incurred and be secured by Liens ranking pari passu in priority with those securing the Note Obligations.

Other Pari Passu Obligations means obligations with respect to other Indebtedness of the Pledgors permitted to be incurred under the Indenture which is by its terms intended to be secured equally and ratably with the Notes and is designated by the Issuer as an Other Pari Passu Obligation pursuant to Section 5.01.

Other Pari Passu Obligations means Obligations with respect to the other Indebtedness of MPM and its Restricted Subsidiaries permitted to be incurred under this Indenture which is by its terms intended to be secured equally and ratably with the Notes and is designated by MPM as an Other Pari Passu Obligation.