Common use of Senior Debt Clause in Contracts

Senior Debt. The Obligations shall, and the Credit Parties shall take all necessary action to ensure that the Obligations shall, at all times rank (a) at least pari passu in right of payment (to the fullest extent permitted by law) with all other senior Secured Indebtedness of the Credit Parties and (b) prior in right of payment, to the extent set forth in the applicable subordination agreement, to the Subordinated Indebtedness.

Senior Debt. The Obligations shall, and the Credit Parties Borrower shall take all necessary action to ensure that the Obligations shall, at all times rank (a) at least pari passu in right of payment (to the fullest extent permitted by law) with all other senior Secured Indebtedness of the Credit Parties Borrower and (b) prior in right of payment, to the extent set forth in the applicable subordination agreement, to the Subordinated Indebtednessits Subsidiaries.

Senior Debt. The Obligations shall, and the Credit Parties Borrower shall take all necessary action to ensure that the Obligations shall, shall at all times rank (a) at least either pari passu or prior in right of payment (to the fullest extent permitted by law) with all other senior Secured Indebtedness of the Credit Parties and (b) prior in right of payment, to the extent set forth in the applicable subordination agreement, to the Subordinated IndebtednessBorrower.

Senior Debt. The Obligations shall, and the Credit Parties Obligors shall take all necessary action to ensure that the Obligations shall, at all times rank (a) at least pari passu prior in right of payment (to the fullest extent permitted by law) with all other senior Secured Indebtedness of the Credit Parties and (b) prior in right of paymentsecurity, to the extent set forth in the applicable subordination agreementSubordinated Debt Documents, to the Subordinated IndebtednessDebt.

Senior Debt. The Obligations shall, and the Credit Parties Borrower shall take all necessary action to ensure that the Obligations shall, at all times rank (a) at least pari passu in right of payment (to the fullest extent permitted by law) with all other senior Secured secured Indebtedness of the Credit Parties Borrower and (b) prior in right of payment, to the extent set forth in the applicable subordination agreement, to the Subordinated Indebtednesseach Subsidiary Guarantor.

Senior Debt. The Obligations shall, and the Credit Parties shall take all necessary action to ensure Ensure that the Obligations shall, at all times times, rank (a) at least pari passu in right of payment (to the fullest extent permitted by law) with all other senior Secured Indebtedness of the Credit Parties Borrower and (b) prior in right each of payment, to the extent set forth in the applicable subordination agreement, to the Subordinated Indebtednessits Subsidiaries.

Senior Debt. The Obligations shall, and the Credit Parties Borrowers shall take all necessary action to ensure that the Obligations shall, at all times rank (a) at least pari passu in right of payment (to the fullest extent permitted by law) with all other senior Secured Indebtedness of the Credit Parties Borrowers and (b) prior in right of payment, to the extent set forth in the applicable subordination agreement, to the Subordinated Indebtednesseach Subsidiary Guarantor.

Senior Debt. The Obligations shall, and the Credit Parties shall take all necessary action to ensure that the Obligations shall, at all times rank (a) at least pari passu in right of payment (to the fullest extent permitted by law) with all other senior Secured secured Indebtedness of the Credit Parties and (b) prior in right of payment, to the extent set forth in the any applicable subordination agreement, to the any Subordinated Indebtedness.

Senior Debt. The Obligations shall, and the Credit Parties shall take all necessary action to ensure that the Obligations shall, at all times rank (a) at least pari passu in right of payment (to the fullest extent permitted by law) with all other senior Secured Indebtedness of the Credit Parties and (b) prior in right of payment, to the extent set forth in the applicable subordination agreement, to the any Subordinated Indebtedness.

Senior Debt. The Obligations shall, and the Credit Parties shall take all necessary action to ensure that the Obligations shall, at all times rank (a) at least pari passu in right of payment (to the fullest extent permitted by law) with all other senior Secured Indebtedness of the Credit Parties and (b) prior in right of payment, to the extent set forth in the applicable subordination agreement, to the Subordinated Indebtedness.

Senior Debt. The Obligations shall, and the Credit Parties shall take all necessary action to ensure that the Obligations shall, at all times rank (a) at least pari passu in right of payment (to the fullest extent permitted by law) with all other senior Secured Indebtedness of the Credit Parties and (b) prior in right of payment, to the extent set forth in the applicable subordination agreementSubordination Agreement, to the Subordinated IndebtednessDebt.

Senior Debt. The Obligations shall, and the Credit Parties Borrower shall take all necessary action to ensure that the Obligations shall, at all times rank (a) at least pari passu in right of payment (to the fullest extent permitted by law) with all other senior Secured Indebtedness of the Credit Parties Borrower and (b) prior in right of payment, to the extent set forth in the applicable subordination agreement, to the Subordinated Indebtednesseach Subsidiary Guarantor other than any Indebtedness that is secured by a Permitted Lien.

Senior Debt. The Obligations shall, and the Credit Parties Borrowers shall take all necessary action to ensure that the Obligations shall, at all times rank (a) at least pari passu in right of payment (to the fullest extent permitted by law) with all other senior Secured secured Indebtedness of the Credit Parties Borrowers and (b) prior in right of payment, to the extent set forth in the applicable subordination agreement, to the Subordinated Indebtednesseach Subsidiary Guarantor.

Senior Debt. The Obligations shall, and the Credit Parties Borrower shall take all necessary action to ensure that the Obligations shall, at all times rank (a) at least pari passu in right of payment (to the fullest extent permitted by law) with all other senior Secured secured Indebtedness of the Credit Parties Borrower and (b) prior in right of payment, to the extent set forth in the applicable subordination agreement, to the Subordinated Indebtednesseach Guarantor.

Senior Debt. The Obligations shall, and the Credit Parties Borrower shall take all necessary action to ensure that the Obligations shall, at all times rank (a) at least pari passu in right of payment (to the fullest extent permitted by law) with all other senior Secured Indebtedness of the Credit Parties Borrower and (b) prior in right of payment, to the extent set forth in the applicable subordination agreement, to the Subordinated Indebtednesseach Domestic Subsidiary.

Senior Debt. The Obligations shall, and the Credit Parties shall take all necessary action to ensure that the Obligations shall, at all times rank (a) at least pari passu in right of payment (to the fullest extent permitted by law) with all other senior Secured secured Indebtedness of the Credit Parties and (b) prior in right of payment, to the extent set forth in the any applicable subordination agreement, 77 Exhibit 10.14 to the any Subordinated Indebtedness.

Senior Debt. The Obligations shall, and the Credit Parties Borrower shall take all necessary action to ensure that the Obligations shall, at all times rank (a) at least pari passu in right of payment (to the fullest extent permitted by law) with all other senior Secured Indebtedness of the Credit Parties Borrower and (b) prior in right each Subsidiary of payment, to the extent set forth in the applicable subordination agreement, to the Subordinated IndebtednessBorrower.

Senior Debt. The Obligations shall, and the Credit Parties Obligors shall take all necessary action to ensure that the Obligations shall, at all times rank (a) at least pari passu in right of payment (to the fullest extent permitted by law) with all other senior Secured Indebtedness of the Credit Parties and (b) prior in right of payment, to the extent set forth in the applicable subordination agreementSubordinated Debt Documents, to the Subordinated IndebtednessDebt.

Senior Debt. The Obligations shall, and the Credit Parties shall take all necessary action to ensure that the Obligations shall, at all times rank (a) at least pari passu in right of payment (to the fullest extent permitted by law) with all other senior Secured secured Indebtedness of the Credit Parties and (b) prior in right of payment, to the extent set forth in the applicable subordination agreement, to the any Subordinated Indebtedness.

Senior Debt. The Obligations shall, and the Credit Parties Borrower shall take all necessary action to ensure that the Obligations shall, at all times rank (a) at least pari passu in right of payment (to the fullest extent permitted by law) with all other senior Secured Indebtedness of the Credit Parties Borrower and (b) prior in right of payment, to the extent set forth in the applicable subordination agreement, to the Subordinated Indebtednesseach Subsidiary Guarantor.

Senior Debt. The Obligations shall, and the Credit Parties shall take all necessary action to ensure that the Obligations shall, at all times rank (a) at least pari passu in right of payment (to the fullest extent permitted by law) with all other senior Secured unsecured Indebtedness of the Credit Parties Borrower and (b) prior in right of payment, to the extent set forth in the applicable subordination agreement, to the Subordinated Indebtednesseach Subsidiary Guarantor.

Senior Debt. The Obligations shall, and the Credit Parties Borrower shall take all necessary action to ensure that the Obligations shall, shall at all times rank (a) at least either pari passu or prior in right of payment (to the fullest extent permitted by law) with all other senior Secured Indebtedness of the Credit Parties and Borrower. (b) prior in right of payment, to the extent set forth in the applicable subordination agreement, to the Subordinated Indebtedness.q)