Common use of Pari Passu Indebtedness Clause in Contracts

Pari Passu Indebtedness. The Indebtedness under the Loan Documents ranks at least pari passu with all other unsecured Indebtedness of the Borrower.

Appears in 14 contracts

Sources: Credit Agreement (Great Plains Energy Inc), Credit Agreement (Great Plains Energy Inc), Credit Agreement (Kansas City Power & Light Co)

Pari Passu Indebtedness. The Indebtedness of the Borrower under the Loan Documents this Agreement ranks at least pari passu with all other unsecured Indebtedness of the Borrower.

Appears in 6 contracts

Sources: Third Amended and Restated Credit Agreement (Ipalco Enterprises, Inc.), Term Loan Agreement (Dayton Power & Light Co), Term Loan Agreement (Ipalco Enterprises, Inc.)

Pari Passu Indebtedness. The Indebtedness of the Borrower under the Loan Financing Documents ranks at least pari passu with all other unsecured Indebtedness of the Borrower.

Appears in 4 contracts

Sources: Credit Agreement (Ipalco Enterprises, Inc.), Revolving Credit Agreement (Ipalco Enterprises, Inc.), Credit Agreement (Ipalco Enterprises, Inc.)

Pari Passu Indebtedness. The Indebtedness under the Loan Documents ranks at least pari passu with all other unsecured Indebtedness of the Borrower. The Guarantor’s obligations under Article IV rank at least pari passu with all other unsecured Indebtedness of the Guarantor.

Appears in 2 contracts

Sources: Credit Agreement (Kansas City Power & Light Co), Credit Agreement (Great Plains Energy Inc)

Pari Passu Indebtedness. The Indebtedness under the Loan Documents ranks at least pari passu with (a) all other unsecured Indebtedness of the BorrowerBorrower and (b) all other unsecured Indebtedness of the Guarantor.

Appears in 1 contract

Sources: Credit Agreement (Great Plains Energy Inc)

Pari Passu Indebtedness. The Indebtedness under the Loan Financing Documents ranks at least pari passu with all other unsecured Indebtedness of the Borrower.

Appears in 1 contract

Sources: Credit Agreement (Ipalco Enterprises Inc)

Pari Passu Indebtedness. The Indebtedness of the Borrower under the Loan Documents ranks at least pari passu with all other unsecured Indebtedness of the Borrower.

Appears in 1 contract

Sources: Note Purchase and Covenants Agreement (Ipalco Enterprises, Inc.)

Pari Passu Indebtedness. The Indebtedness of Borrower under the Loan Financing Documents ranks at least pari passu with all other unsecured Indebtedness of the Borrower.. COVENANTS OF BORROWER

Appears in 1 contract

Sources: Credit Agreement (Ipalco Enterprises Inc)

Pari Passu Indebtedness. The Indebtedness under the Loan Documents ranks at least pari passu with all other unsecured Indebtedness of the BorrowerBorrowers.

Appears in 1 contract

Sources: Credit Agreement (Vectren Corp)