Common use of Pari Passu Ranking Clause in Contracts

Pari Passu Ranking. Its payment obligations under the Finance Documents rank at least pari passu with the claims of all its other unsecured and unsubordinated creditors, except for obligations mandatorily preferred by law applying to companies generally.

Pari Passu Ranking. Its payment obligations under the Finance Documents to which it is a party rank at least pari passu with the claims of all its other unsecured and unsubordinated creditors, except for obligations mandatorily preferred by law applying to companies generallygenerally in the jurisdiction of its incorporation.

Pari Passu Ranking. Its The Borrower’s payment obligations under the Finance Documents Financing Agreements rank at least pari passu with the claims of all of its other unsecured and unsubordinated creditors, except for obligations claims mandatorily preferred by law applying laws applicable to companies generally.

Pari Passu Ranking. Its Each Obligor’s payment obligations under the Finance Documents rank at least pari passu with the claims of all its other unsecured and unsubordinated creditors, except for obligations mandatorily preferred by law applying to companies generally.

Pari Passu Ranking. Its Each Borrower’s payment obligations under the Finance Loan Documents rank at least pari passu with the claims of all its other unsecured and unsubordinated creditors, except for obligations mandatorily preferred by law applying to companies generally.

Pari Passu Ranking. Its The Borrower shall ensure that its payment obligations under the Finance Documents will rank at least pari passu with the claims of all its other unsecured and unsubordinated creditors, creditors except for obligations mandatorily preferred by law applying to companies creditors or certain types of creditors generally.

Pari Passu Ranking. Its payment obligations under the Finance Documents rank at least pari passu with the claims of all its other unsecured and unsubordinated creditors, creditors except for obligations mandatorily preferred by law applying to companies creditors or certain types of creditors generally.

Pari Passu Ranking. Its The Guarantor’s payment obligations under the Finance Documents to which it is a party rank at least pari passu with the claims of all its other current or future unsecured and unsubordinated creditors, except for obligations claims mandatorily preferred by law applying to companies generally.

Pari Passu Ranking. Its payment obligations under the Finance Documents rank at least pari passu with the claims of all its other unsecured and unsubordinated creditors, except for obligations mandatorily preferred by law applying to companies in its jurisdiction of incorporation generally.

Pari Passu Ranking. Its payment obligations under the Finance Documents rank and will rank at least pari passu with the claims of all its other unsecured and unsubordinated creditors, obligations except for obligations mandatorily preferred by law applying to companies generally.

Pari Passu Ranking. Its The Borrower’s payment obligations under the Finance Documents Financing Agreements rank at least pari passu with the claims of all of its other unsecured and unsubordinated creditors, except for obligations claims mandatorily preferred by law applying laws applicable to companies generally.

Pari Passu Ranking. Its payment obligations under the Finance Documents rank at least pari passu with the claims of all of its other unsecured and unsubordinated creditors, except for obligations mandatorily preferred by law applying to companies generally.

Pari Passu Ranking. Its The Borrower’s payment obligations under the Finance IFC Financing Documents rank at least pari passu in priority of payment with the claims of all its other unsecured and unsubordinated creditors, except for any obligations mandatorily preferred by law applying the laws of the Country, as applicable to companies generally.the Borrower; and

Pari Passu Ranking. Its The Borrower’s payment obligations under the Finance Financing Documents rank at least pari passu with the claims of all its other unsecured and unsubordinated creditors, except for the obligations mandatorily preferred by law applying to companies generallylaw.

Pari Passu Ranking. Its The payment obligations Obligations of the Borrower under the Finance Loan Documents rank at least pari passu with the claims of all of its other unsecured and unsubordinated creditors, except for obligations mandatorily preferred by law applying to companies the Borrower generally.

Pari Passu Ranking. Its Each Obligor’s payment obligations under the Finance Documents rank at least pari passu with the claims of all its other current or future unsecured and unsubordinated creditors, except for obligations claims mandatorily preferred by law applying to companies generally.

Pari Passu Ranking. Its Without limiting Clause 22.9(a), each Obligor shall ensure that its payment obligations under the Finance Documents will rank at least pari passu with the claims of all its other unsecured and unsubordinated creditors, except for obligations mandatorily preferred by law applying to companies generally.

Pari Passu Ranking. Its payment payments obligations under the Finance Documents to which it is a party rank at least pari passu with the claims of all its other unsecured and unsubordinated creditors, except for obligations mandatorily preferred by law applying to companies generallyLaw.

Pari Passu Ranking. Its The Borrower’s payment obligations under the Finance Documents to which it is a party rank at least pari passu with the claims of all its other unsecured and unsubordinated creditors, except for obligations mandatorily preferred by law applying to companies generally.

Pari Passu Ranking. Its The Borrower¶s payment obligations under the Finance Documents to which it is a party rank at least pari passu with the claims of all its other unsecured and unsubordinated creditors, except for obligations mandatorily preferred by law applying to companies generally.

Pari Passu Ranking. Its The Borrower’s payment obligations under the Finance Documents Financing Agreements rank at least pari passu with the claims of all of its other unsecured and unsubordinated creditors, except for obligations claims of the creditors secured by the security created under the Existing Security and the claims mandatorily preferred by law applying laws applicable to companies generally.

Pari Passu Ranking. Its The Borrower’s payment obligations under the Finance Financing Documents rank at least pari passu in priority of payment with the claims of all its other unsecured and unsubordinated creditors, except for any obligations mandatorily preferred by law applying the laws of the Country, as applicable to companies generally.the Borrower;

Pari Passu Ranking. Its Each Obligor shall procure that its payment obligations under the Finance Documents rank and will rank at least pari passu with the claims of all its other unsecured and unsubordinated creditors, except for obligations mandatorily preferred by law applying to companies generally.

Pari Passu Ranking. Its payment obligations under the Finance Documents this Confirmation rank at least pari passu with the claims of all its other unsecured and unsubordinated creditors, except for obligations mandatorily preferred by law applying to companies generally.

Pari Passu Ranking. Its 86 Each Obligor’s payment obligations under the Finance Documents rank at least pari passu with the claims of all its other unsecured and unsubordinated creditors, except for obligations mandatorily preferred by law applying to companies generally.

Pari Passu Ranking. Its payment obligations under the Finance Documents to which it is a party rank at least pari passu in right of payment with the claims of all its other unsecured and unsubordinated creditors, except for obligations mandatorily preferred by law applying creditors (subject to companies generallyapplicable law).

Pari Passu Ranking. Its payment obligations under the Finance Documents rank at least pari passu with the claims of all its other unsecured and unsubordinated creditors, except for obligations mandatorily preferred by law laws applying to companies generally.

Pari Passu Ranking. Its Each Obligor’s payment obligations under the Finance Documents to which it is party rank at least pari passu with the claims of all its respective other unsecured and unsubordinated creditors, except for obligations Obligations mandatorily preferred by law applying to companies generally.

Pari Passu Ranking. Its payment obligations under the Finance Documents rank at least pari passu with the claims of all its other unsecured and unsubordinated creditorsobligations, except for obligations which from time to time are mandatorily preferred by law applying to companies generally.

Pari Passu Ranking. Its The payment obligations of each Obligor under the Finance Documents to which it is a party rank at least pari passu with the claims of all of its other unsecured and unsubordinated creditors, except for obligations mandatorily preferred by law laws applying to companies generally.

Pari Passu Ranking. Its the payment obligations of the Company under the Finance Documents will rank at least pari passu with the claims of all its other unsecured and unsubordinated creditors, payment obligations except for obligations mandatorily preferred by law applying to companies generally.;

Pari Passu Ranking. Its payment obligations under the Finance Loan Documents rank at least pari passu with the claims of all its other unsecured and unsubordinated creditors, except for obligations mandatorily preferred by law applying to companies generally.

Pari Passu Ranking. Its payment The obligations of each Obligor under the Finance Loan Documents rank at least pari passu with the claims of all its other unsecured and unsubordinated creditors, except for obligations mandatorily preferred by law applying to companies in each relevant jurisdiction generally.

Pari Passu Ranking. Its payment The Company’s obligations under the Finance Financing Documents rank at least pari passu passu, without preference or priority, with the claims all of all its other outstanding obligations in respect of its senior, unsecured and unsubordinated creditorsFinancial Indebtedness, except for those obligations that are mandatorily preferred by law applying to companies generallyand not by reason of contract.

Pari Passu Ranking. Its payment obligations under the Finance Documents rank at least pari passu with the claims of all its other unsecured and unsubordinated creditors, except for obligations mandatorily preferred by law applying to companies generally.for:

Pari Passu Ranking. 21.20 Its payment obligations under the Finance Documents rank at least pari passu with the claims of all its other unsecured and unsubordinated creditors, except for obligations mandatorily preferred by law applying to companies generally.