Common use of Superpriority Claim Clause in Contracts

Superpriority Claim. Incur, create, assume, suffer to exist or permit any other Superpriority Claim which is pari passu with or senior to the Claims of Agent and Lenders against Borrowers, except as expressly stated in the DIP Financing Orders.

Appears in 1 contract

Sources: Post Petition Credit Agreement (Noranda Aluminum Holding CORP)

Superpriority Claim. Incur, create, assume, suffer to exist or permit any other Superpriority Claim which is pari passu with or senior to the Claims claims of DIP Agent and DIP Lenders against Borrowers, except as expressly stated in the DIP Financing Orders.

Appears in 1 contract

Sources: Post Petition Loan and Security Agreement (Standard Register Co)

Superpriority Claim. Incur, create, assume, suffer to exist or permit any other Superpriority Claim which is pari passu with or senior to the Claims claims of the Administrative Agent and the Lenders against Borrowersthe U.S. Borrower or any of its Subsidiaries, except as expressly stated in the DIP Financing Orders.

Appears in 1 contract

Sources: Term Loan Credit Agreement (Noranda Aluminum Holding CORP)