Common use of Status of the Notes Clause in Contracts

Status of the Notes. The Notes and any relative Coupons are direct, unconditional, unsubordinated and (subject to the provisions of Condition 3 (Negative Pledge) unsecured obligations of the Issuer and rank pari passu among themselves and (save for certain obligations required to be preferred by law) equally with all other unsecured obligations (other than subordinated obligations, if any) of the Issuer, from time to time outstanding.

Status of the Notes. The Notes and any relative Coupons are direct, unconditional, unsubordinated and (subject to the provisions of Condition 3 (Negative Pledge3) unsecured obligations of the Issuer and rank pari passu among themselves and (save for certain obligations required to be preferred by law) equally with all other unsecured obligations (other than subordinated obligations, if any) of the Issuer, from time to time outstanding.

Status of the Notes. The Notes and any relative Coupons are direct, unconditional, unsubordinated and (subject to the provisions of Condition 3 (Negative Pledge)) unsecured obligations of the Issuer and rank pari passu among themselves and (save for certain obligations required to be preferred by law) equally with all other unsecured obligations (other than subordinated obligations, if any) of the Issuer, from time to time outstanding.

Status of the Notes. The Notes and any relative Coupons are direct, unconditional, unsubordinated and (subject to the provisions of Condition 3 (Negative Pledge4) unsecured obligations of the Issuer and rank pari passu among themselves and (save for certain obligations required to be preferred by law) equally with all other unsecured and unsubordinated obligations (other than subordinated obligationsof the Issuer, if any) including, for the avoidance of doubt, any unsubordinated and unsecured guarantee provided by the Issuer, from time to time outstanding.

Status of the Notes. The Notes and any relative Coupons are direct, unconditional, unsubordinated and (subject to the provisions of Condition 3 4.1 (Negative Pledge)) unsecured obligations of the Issuer and rank pari passu among themselves and (save for certain any obligations required to be preferred by law) equally with all other unsecured obligations (other than subordinated obligations, if any) of the Issuer, from time to time outstanding.

Status of the Notes. The Notes and any relative the Coupons are direct, unconditional, unsubordinated unconditional and (subject to the provisions of Condition 3 4.1 (Negative Pledge)) unsecured obligations of the Issuer and (subject as provided above) rank and will rank pari passu passu, without any preference among themselves and (save for certain obligations required to be preferred by law) equally themselves, with all other outstanding unsecured and unsubordinated obligations (other than subordinated obligations, if any) of the Issuer, from time present and future, but, in the event of insolvency, only to time outstandingthe extent permitted by applicable laws relating to creditors’ rights.

Status of the Notes. The Notes and any relative Coupons are direct, unconditional, unsubordinated and (subject to the provisions of Condition 3 (Negative Pledge4) unsecured obligations of the Issuer and rank pari passu among themselves and (save for certain obligations required to be preferred by law) equally with all other unsecured obligations (other than subordinated obligations, if any) of the Issuer, from time to time outstanding.

Status of the Notes. The Notes and any relative Receipts and Coupons are direct, unconditional, unsubordinated and (and, subject to the provisions of Condition 3 (Negative Pledge) 3, unsecured obligations of the Issuer and rank pari passu among themselves and (save for certain obligations required to be preferred by law) equally with all other (save as aforesaid) unsecured obligations (other than subordinated obligations, if any) of the Issuer, from time to time outstanding.. 3 COVENANTS

Status of the Notes. The Notes and any relative Coupons are direct, unconditional, unsubordinated and (subject to the provisions of Condition 3 (Negative Pledge3) unsecured obligations of the Issuer and rank pari passu among themselves and (save for certain obligations required to be preferred by law) equally with all other unsecured obligations (other than subordinated obligations, if any) of the Issuer, from time to time outstanding.outstanding.‌

Status of the Notes. The Notes and any relative Receipts and Coupons are direct, unconditional, unsubordinated and (subject to the provisions of Condition 3 (Negative Pledge) unsecured obligations of the Issuer and rank pari passu among themselves and (save for certain obligations required to be preferred by law) equally with all other unsecured obligations (other than subordinated obligations, if any) of the Issuer, from time to time outstanding.

Status of the Notes. The Notes and any the relative Coupons are direct, unconditional, unsubordinated and (subject to the provisions of Condition 3 (Negative Pledge3) unsecured obligations of the Issuer and rank pari passu among themselves and (save for certain obligations required to be preferred by law) equally with all other unsecured obligations (other than subordinated obligations, if any) of the Issuer, from time to time outstanding.

Status of the Notes. The Notes and any relative the Coupons are direct, unconditional, unsubordinated and (subject to the provisions of Condition 3 4 (Negative Pledge)) unsecured obligations of the Issuer and rank and will rank pari passu among themselves and (save for certain obligations required to be preferred by law) equally with all other unsecured obligations (other than subordinated obligations, if any) of the Issuer, from time to time outstanding.