Collateral Shared Equally and Ratably within Class. The Parties agree that the payment and satisfaction of all of the Secured Obligations within each Class will be secured equally and ratably by the Liens established in favour of the Collateral Agent for the benefit of the Secured Parties belonging to such Class (except that the Namoya Priority Stream Obligations and the Twangiza Priority Stream Obligations shall be paid in priority to the other Priority Lien Obligations in accordance with Section 3.4(a)) . It is understood and agreed that nothing in this Section 2.5 is intended to alter the priorities among Secured Parties belonging to different Classes as provided in Section 2.3.
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Collateral Shared Equally and Ratably within Class. The Parties parties hereto agree that the payment and satisfaction of all of the Secured Obligations within each Class will shall be secured equally Equally and ratably Ratably by each of the Liens security interests established in favour favor of the Collateral Agent for the benefit of the Secured Parties Trustee belonging to such Class (except that the Namoya Priority Stream so long as such applicable Secured Obligations have validly and the Twangiza Priority Stream Obligations shall be paid in priority to the other Priority Lien Obligations in accordance with Section 3.4(a)) properly joined such applicable Class. It is understood and agreed that nothing in this Section 2.5 is intended to alter the priorities among Secured Parties belonging to different Classes as provided in Section 2.32.3 hereof.
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Collateral Shared Equally and Ratably within Class. The Parties parties to this Agreement agree that the payment and satisfaction of all of the Secured Obligations within each Class will be secured equally and ratably by the Liens established in favour favor of the Collateral Agent Trustee for the benefit of the Secured Parties belonging to such Class (except that notwithstanding the Namoya Priority Stream time of incurrence of any Secured Obligations and the Twangiza Priority Stream within such Class or time or method of creation or perfection of any Liens securing such Secured Obligations shall be paid in priority to the other Priority Lien Obligations in accordance with Section 3.4(a)) within such Class. It is understood and agreed that nothing in this Section 2.5 2.9 is intended to alter the priorities among Secured Parties belonging to different Classes as provided in Section 2.3.
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Sources: Collateral Trust Agreement (Satelites Mexicanos Sa De Cv)
Collateral Shared Equally and Ratably within Class. The Parties parties hereto agree that the payment and satisfaction of all of the Secured Obligations within each Class will shall be secured equally and ratably by the Liens security interests established in favour favor of the Collateral Agent Trustee for the benefit of the Secured Parties belonging to such Class (except that the Namoya Priority Stream Obligations and the Twangiza Priority Stream Obligations shall be paid in priority to the other Priority Lien Obligations in accordance with Section 3.4(a)) Class. It is understood and agreed that nothing in this Section 2.5 2.4 is intended to alter the priorities among Secured Parties belonging to different Classes as provided in Section 2.32.3 hereof.
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Collateral Shared Equally and Ratably within Class. The Parties parties to this Agreement agree that the payment and satisfaction of all of the Secured Obligations within each Class will be secured equally and ratably by the Liens established in favour favor of the Collateral Agent Trustee for the benefit of the Secured Parties belonging to such Class, notwithstanding the time of incurrence of any Secured Obligations within such Class (except that the Namoya Priority Stream or time or method of creation or perfection of any Liens securing such Secured Obligations and the Twangiza Priority Stream Obligations shall be paid in priority to the other Priority Lien Obligations in accordance with Section 3.4(a)) within such Class. It is understood and agreed that nothing in this Section 2.5 2.9 is intended to alter the priorities among Secured Parties belonging to different Classes as provided in Section 2.3.
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Collateral Shared Equally and Ratably within Class. The Parties parties hereto agree that the payment and satisfaction of all of the Secured Obligations within each Class will shall be secured equally Equally and ratably Ratably by each of the Liens security interests established in favour favor of the Priority Collateral Agent for Trustee and the benefit of the Secured Parties Parity Collateral Trustee belonging to such Class (except that the Namoya Priority Stream Obligations and the Twangiza Priority Stream Obligations shall be paid in priority to the other Priority Lien Obligations in accordance with Section 3.4(a)) Class. It is understood and agreed that nothing in this Section 2.5 2.4 is intended to alter the priorities among Secured Parties belonging to different Classes as provided in Section 2.32.3 hereof.
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Collateral Shared Equally and Ratably within Class. The Parties parties to this Agreement agree that the payment and satisfaction of all of the Secured Obligations within each Class will be secured equally and ratably by the Liens security interests established in favour favor of the Priority Collateral Agent Trustee and the Parity Collateral Trustee for the benefit of the Secured Parties belonging to such Class (except that including, for the Namoya Priority Stream Obligations and avoidance of doubt, any Secured Parties existing on the Twangiza Priority Stream Obligations shall be paid in priority date hereof or becoming Secured Parties after the date hereof pursuant to the other Priority Lien Obligations in accordance with Section 3.4(athis Agreement)) . . It is understood and agreed that nothing in this Section 2.5 is intended to alter the priorities among Secured Parties belonging to different Classes as provided in Section 2.3.
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Sources: Collateral Trust Agreement (Midwest Generation LLC)