Common use of Status of the Notes Clause in Contracts

Status of the Notes. the Notes constitute direct obligations of the Issuer which will at all times rank pari passu among themselves and at least pari passu with all other present and future unsecured obligations of the Issuer, save for such obligations as may be preferred by provisions of law that are both mandatory and of general application;

Appears in 2 contracts

Samples: Master Dealer Agreement, Master Dealer Agreement

AutoNDA by SimpleDocs

Status of the Notes. the Notes constitute direct direct, general and unconditional obligations of the Issuer which will at all times rank pari passu among themselves and at least pari passu with all other present and future unsecured obligations of the Issuer, save for such obligations as may be preferred by provisions of law that are both mandatory and of general application;

Appears in 2 contracts

Samples: Agreement, Dealer Agreement (Philip Morris International Inc.)

Status of the Notes. the The Notes constitute direct direct, general and unconditional obligations of the Issuer which will at all times rank pari passu among themselves and at least pari passu with all other present and future unsecured obligations of the Issuer, save for such obligations as may be preferred by mandatory provisions of law that are both mandatory (and of general application;subject to Condition 4(a) (Negative pledge)).

Appears in 1 contract

Samples: www.gtcgroup.com

Status of the Notes. the The Notes constitute direct direct, general and unconditional obligations of the Issuer which will at all times rank pari passu among themselves and at least pari passu with all other present and future unsecured obligations of the Issuer, save for such obligations as which may be preferred by provisions of law that are both mandatory and of general application;.

Appears in 1 contract

Samples: www.globalworth.com

AutoNDA by SimpleDocs

Status of the Notes. the The Notes constitute direct direct, general and unconditional obligations of the relevant Issuer which will at all times rank pari passu among themselves and at least pari passu with all other present and future unsecured obligations of the such Issuer, save for such obligations as may be preferred by provisions of law that are both mandatory and of general application;.

Appears in 1 contract

Samples: Paying Agency Agreement (Upm Kymmene Corp)

Status of the Notes. the The Notes constitute direct direct, general and unconditional obligations of the Issuer which will at all times rank pari passu among themselves and at least pari passu with all other present and future unsecured obligations of the Issuer, save for such obligations as which may be preferred by provisions of law that are both mandatory and of general application;application (and subject to Condition 4 (Negative Pledge)).

Appears in 1 contract

Samples: masrei.com

Time is Money Join Law Insider Premium to draft better contracts faster.