All obligations of each Guarantor, howsoever created, arising or evidenced, whether direct or indirect, absolute or contingent, or now or hereafter existing, or due or to become due, are hereinafter collectively called the “ Liabilities ”. All Liabilities to the Administrative Agent and the Secured Parties under or in connection with this Guaranty are hereinafter called the “ Senior Liabilities ”; and all Liabilities to the Borrower or any other Obligor are hereinafter collectively called the “ Junior Liabilities ”; it being expressly understood and agreed that the term “ Senior Liabilities ”, as used herein, shall include, without limitation, any and all interest accruing on any of the Senior Liabilities after the commencement of any bankruptcy, insolvency, receivership, liquidation, dissolution or similar circumstance, notwithstanding any provision or rule of law which might restrict the rights of the Administrative Agent or any other Secured Party, as against the Borrower, any Guarantor or anyone else, to collect such interest.