Ranking of Claims. Each Obligor shall ensure that at all times the claims of the Finance Parties against it under the Finance Documents rank at least pari passu with the claims of all its unsecured creditors save those whose claims are preferred by any bankruptcy, insolvency, liquidation or similar laws of general application.
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Samples: Agreement (Buhrmann Nv), Senior Facilities Agreement (Corporate Express N.V.), Conformed Copy (Buhrmann Nv)
Ranking of Claims. Each Obligor shall (and the Borrower shall procure that each member of the Group shall) ensure that at all times the claims of the Finance Parties against it under the Finance Documents rank at least pari passu with the claims of all its unsecured creditors save those whose claims are preferred by any bankruptcy, insolvency, liquidation or similar laws of general application.
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