Common use of Ranking Clause in Contracts

Ranking. The Notes (including any Add On Notes) shall be general senior unsecured and unsubordinated obligations of the Company and shall at all times rank pari passu among themselves and at least equal in right of payment with all of the Company’s other present and future unsecured and unsubordinated obligations from time to time outstanding that are not, by their terms, expressly subordinated in right of payment to the Notes (other than obligations preferred by statute or by operation of law).

Appears in 37 contracts

Sources: Supplemental Indenture (Petrobras - Petroleo Brasileiro Sa), Supplemental Indenture (Petrobras - Petroleo Brasileiro Sa), Supplemental Indenture (Petrobras - Petroleo Brasileiro Sa)

Ranking. The Notes (including any Add On Notes) shall be general senior unsecured and unsubordinated obligations of the Company and Company. The Notes shall at all times rank pari passu among themselves and at least equal in right of payment with all of the Company’s other present and future unsecured and unsubordinated obligations from time to time outstanding that are notindebtedness, by their termsincluding, expressly subordinated without limitation, any unsecured senior indebtedness, of the Company and senior in right of payment to all subordinated indebtedness of the Notes (other than obligations preferred by statute or by operation of law)Company.

Appears in 23 contracts

Sources: Twentieth Supplemental Indenture (Stryker Corp), Twenty First Supplemental Indenture (Stryker Corp), Nineteenth Supplemental Indenture (Stryker Corp)

Ranking. The Notes (including any the Add On Notes) shall be general senior unsecured and unsubordinated obligations of the Company and shall at all times rank pari passu among themselves and at least equal in right of payment with all of the Company’s other present and future unsecured and unsubordinated obligations from time to time outstanding that are not, by their terms, expressly subordinated in right of payment to the Notes (other than obligations preferred by statute or by operation of law)Notes.

Appears in 22 contracts

Sources: Third Supplemental Indenture (Petrobras - Petroleo Brasileiro Sa), Fourth Supplemental Indenture (Petrobras - Petroleo Brasileiro Sa), Second Supplemental Indenture (Petrobras - Petroleo Brasileiro Sa)

Ranking. The Notes (including any additional Add On Notes) shall be general senior unsecured and unsubordinated obligations of the Company and shall at all times rank pari passu among themselves and at least equal in right of payment with all of the Company’s other present and future unsecured and unsubordinated obligations from time to time outstanding that are not, by their terms, expressly subordinated in right of payment to the Notes (other than obligations preferred by statute or by operation of law).

Appears in 16 contracts

Sources: Seventh Supplemental Indenture (Petrobras - Petroleo Brasileiro Sa), Eighth Supplemental Indenture (Petrobras - Petroleo Brasileiro Sa), Supplemental Indenture (Petrobras - Petroleo Brasileiro Sa)

Ranking. The Notes (including any Add On Notes) shall be general senior unsecured and unsubordinated obligations of the Company and Company. The Notes shall at all times rank pari passu among themselves and at least equal in right of payment with all of the Company’s other present and future unsecured and unsubordinated obligations from time to time outstanding that are notIndebtedness, by their termsincluding, expressly subordinated without limitation, any unsecured senior Indebtedness, of the Company and senior in right of payment to all subordinated Indebtedness of the Notes (other than obligations preferred by statute or by operation of law)Company.

Appears in 14 contracts

Sources: Thirty Fourth Supplemental Indenture (Stryker Corp), Thirty Second Supplemental Indenture (Stryker Corp), Thirty Fifth Supplemental Indenture (Stryker Corp)

Ranking. The Notes (including any Add On Notes) shall be general senior unsecured and unsubordinated obligations of the Company and shall at all times rank pari passu among themselves and at least equal in right of payment with all of the Company’s other present and future unsecured and unsubordinated obligations from time to time outstanding that are not, by their terms, expressly subordinated in right of payment to the Notes (other than obligations preferred by statute or by operation of law)Notes.

Appears in 6 contracts

Sources: Third Supplemental Indenture (Petrobras - Petroleo Brasileiro Sa), Fourth Supplemental Indenture (Petrobras - Petroleo Brasileiro Sa), Second Supplemental Indenture (Petrobras - Petroleo Brasileiro Sa)

Ranking. The Notes (including any additional Add On Notes) shall be general senior unsecured and unsubordinated obligations of the Company and shall at all times rank pari passu among themselves and at least equal in right of payment with all of the Company’s other present and future unsecured and unsubordinated obligations from time to time outstanding that are not, by their terms, expressly subordinated in right of payment to the Notes (other than obligations preferred by statute or by operation of law)Notes.

Appears in 5 contracts

Sources: Second Supplemental Indenture (Petrobras - Petroleo Brasileiro Sa), Indenture (Petrobras - Petroleo Brasileiro Sa), First Supplemental Indenture (Petrobras International Finance Co)

Ranking. The Notes (including any Add On Notes) shall be general senior unsecured and unsubordinated obligations of the Company and Company. The Notes shall at all times rank pari passu among themselves and at least equal in right of payment with all other senior unsecured indebtedness, including, without limitation, any unsecured senior indebtedness, of the Company’s other present Company and future unsecured and unsubordinated obligations from time to time outstanding that are not, by their terms, expressly subordinated senior in right of payment to all subordinated indebtedness of the Notes (other than obligations preferred by statute or by operation of law)Company.

Appears in 5 contracts

Sources: Fifth Supplemental Indenture (Brown & Brown, Inc.), Fourth Supplemental Indenture (Brown & Brown, Inc.), Third Supplemental Indenture (Brown & Brown, Inc.)

Ranking. The Notes (including any Add On Notes) shall be general senior unsecured and unsubordinated obligations of the Company and Company. The Notes shall at all times rank pari passu among themselves and at least equal in right of payment with all of the Company’s other present and future unsecured and unsubordinated obligations from time to time outstanding that are not, by their terms, expressly subordinated indebtedness of the Company and senior in right of payment to all subordinated indebtedness of the Notes (other than obligations preferred by statute or by operation of law)Company.

Appears in 5 contracts

Sources: Agency Agreement (Zimmer Biomet Holdings, Inc.), Agency Agreement (Zimmer Biomet Holdings, Inc.), Fourth Supplemental Indenture (Valspar Corp)

Ranking. The Notes (including any additional Add On Notes) shall be general senior unsecured and unsubordinated obligations of the Company and shall at all times rank pari passu among themselves and at least equal in right of payment with all of the Company’s other present existing and future unsecured and unsubordinated obligations from time to time outstanding that are not, by their terms, expressly subordinated in right of payment to the Notes (other than obligations preferred by statute or by operation of law).

Appears in 3 contracts

Sources: Third Supplemental Indenture (Suzano S.A.), First Supplemental Indenture (Suzano S.A.), First Supplemental Indenture (Suzano S.A.)

Ranking. The Notes (including any the Add On Notes) shall be general senior unsecured and unsubordinated obligations of the Company and shall at all times rank pari passu among themselves and at least equal in right of payment with all of the Company’s 's other present and future unsecured and unsubordinated obligations from time to time outstanding that are not, by their terms, expressly subordinated in right of payment to the Notes (other than obligations preferred by statute or by operation of law)Notes.

Appears in 1 contract

Sources: Supplemental Indenture (Brazilian Petroleum Corp)