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

Samples: Eleventh Supplemental Indenture (Petrobras - Petroleo Brasileiro Sa), Twelfth Supplemental Indenture (Petrobras - Petroleo Brasileiro Sa), Eighth Supplemental Indenture (Petrobras - Petroleo Brasileiro Sa)

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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

Samples: Supplemental Indenture (Autonation, Inc.), Tenth Supplemental Indenture (Stryker Corp), Sixth 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

Samples: Fourth Supplemental Indenture (Petrobras - Petroleo Brasileiro Sa), Third Supplemental Indenture (Petrobras - Petroleo Brasileiro Sa), Fourth Supplemental Indenture (Petrobras International Finance Co)

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 13 contracts

Samples: Guaranty (Petrobras - Petroleo Brasileiro Sa), Guaranty (Petrobras - Petroleo Brasileiro Sa), Guaranty (Petrobras - Petroleo Brasileiro Sa)

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

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

Samples: First Supplemental Indenture (Petrobras - Petroleo Brasileiro Sa), Second 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 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 4 contracts

Samples: Third Supplemental Indenture (Brown & Brown, Inc.), First Supplemental Indenture (Brown & Brown Inc), Fourth Supplemental Indenture (Brown & Brown, Inc.)

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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

Samples: Third Supplemental Indenture (Suzano S.A.), Supplemental Indenture (Suzano S.A.), Suzano S.A.

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 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 2 contracts

Samples: Indenture (Great Atlantic & Pacific Tea Co Inc), Amerco /Nv/

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 unsecured and unsubordinated indebtedness, including, without limitation, any unsecured senior indebtedness 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 senior in right of payment to any subordinated indebtedness of the Notes (other than obligations preferred by statute or by operation of law)Company.

Appears in 1 contract

Samples: Supplemental Indenture (Autonation, Inc.)

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

Samples: First Supplemental Indenture (Brazilian Petroleum Corp)

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