Common use of Pari Passu Ranking Clause in Contracts

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 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 present and future unsecured and unsubordinated creditorspayment obligations, 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 Each Obligor’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 generallygenerally in the jurisdiction of its incorporation.

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 creditorsobligations, except for obligations mandatorily preferred by law applying to companies generally.

Pari Passu Ranking. Its The payment obligations of each Obligor Party 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 applying to companies generally.

Pari Passu Ranking. Its payment obligations under the Finance Documents to which it is a party this Agreement will rank at all times 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 or regulation applying to companies generally.

Pari Passu Ranking. Its It must ensure that its payment obligations towards the Finance Parties under the Finance Documents to which it is a party rank at least pari passu with the claims of all its other present and future unsecured and unsubordinated creditorspayment obligations, 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 present unsecured and unsubordinated creditorsobligations, 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 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 Subject to the Legal Reservations, its payment obligations 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 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 present and future unsecured and unsubordinated creditorspayment obligations, except for obligations mandatorily preferred by law applying to companies generally.

Pari Passu Ranking. Its Subject to the Legal Reservations, 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 generally.

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

Pari Passu Ranking. Its The payment obligations of each Transaction Obligor 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 payment obligations under the Finance Documents Documents, and, in the case of the Companies, the Company Parent Guarantee to which it is a party 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 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 generallylaw.

Pari Passu Ranking. Its The claims of the Finance Parties in respect of 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 claims mandatorily preferred by law applying to companies generally.

Pari Passu Ranking. (a) 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 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 creditorsobligations, except for obligations which are mandatorily preferred by law applying to companies generallygenerally in the place of its incorporation.

Pari Passu Ranking. (a) Its payment obligations under the Finance Documents to which it is a party represent its direct, unconditional, secured and unsubordinated obligations and 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 payment obligations under the Finance Documents and, in the case of the Companies, the Company Parent Guarantee 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 Each Transaction Obligor'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 payment obligations under the Finance Documents to which it is a party in accordance with its terms 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 Borrower 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 Obligors’ payment obligations 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 claims mandatorily preferred by law applying laws applicable to companies generally.

Pari Passu Ranking. Its The payment obligations of each Obligor under the Finance Transaction Documents to which it such Obligor 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 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 those creditors whose claims are mandatorily preferred by law applying laws of general application to companies generallycompanies.

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

Pari Passu Ranking. Its The Borrower’s payment obligations under the Finance Documents Documents, to which it is a party 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. (a) Its payment obligations 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 applying to companies generally.

Pari Passu Ranking. Its payment obligations under the Finance Documents to which it is a party 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 generallylaw.

Pari Passu Ranking. Its (a) Each Obligor party hereto shall ensure that its payment obligations under the Finance Documents rank and continue 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 applying to companies generally.

Pari Passu Ranking. Its payment obligations under the Finance Documents and, in the case of the Guarantors, the Deed Poll Guarantees to which it is they are 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.