Pari Passu Obligations means Unsecured Indebtedness of any Loan Party (exclusive of the Obligations) owing to a Person that is not a member of the Consolidated Group or an Affiliate thereof.
Pari Passu Obligations means the Pari Passu Indebtedness and all other Obligations in respect Pari Passu Indebtedness.
Pari Passu Obligations has the meaning specified in the Intercreditor Agreement.
Examples of Pari Passu Obligations in a sentence
The Capital Securities are subordinated, conditional and unsecured obligations of the Issuer Prospective investors should note that the payment obligations of the Issuer under the Conditions rank: (i) subordinate and junior to all Senior Obligations; (ii) pari passu with all Pari Passu Obligations; and (iii) in priority only to all Junior Obligations.
More Definitions of Pari Passu Obligations
Pari Passu Obligations means all subordinated payment obligations of the Bank which rank, or are expressed to rank, pari passu with the Relevant Obligations;
Pari Passu Obligations means, collectively, the Notes Obligations, and each Series of Additional Pari Passu Obligations.
Pari Passu Obligations means Unsecured Debt (exclusive of the Notes, this Agreement and any Subsidiary Guarantee) of the Company or any Subsidiary Guarantor owing to a Person that is not the Company or an Affiliate thereof.
Pari Passu Obligations means, collectively, (i) the Credit Agreement Obligations and (ii) each Series of Additional Obligations.
Pari Passu Obligations means Unsecured Indebtedness (exclusive of the Obligations) of the Borrower or any Guarantor owing to Persons that are not Consolidated Parties.
Pari Passu Obligations means the Issuer's payment obligations (as issuer or guarantor, as applicable) under the Existing Tier 1 Securities and all other subordinated payment obligations of the Issuer which rank, or are expressed to rank, pari passu with the Obligations;
Pari Passu Obligations means all Obligations and all “Obligations” as defined in the Existing Term Loan Agreement.