Status of the Bonds and security. 8.1 The Bonds shall be senior debt of the Issuer. The Bonds shall rank at least pari passu with all other obligations of the Issuer (save for such claims which are preferred by bankruptcy, insolvency, liquidation or other similar laws of general application) and shall rank ahead of subordinated debt.
Appears in 6 contracts
Samples: Amendment and Restatement Agreement, Bond Agreement (Golar LNG LTD), Bond Agreement (North Atlantic Drilling Ltd.)
Status of the Bonds and security. 8.1 The Bonds shall be senior unsecured debt of the Issuer. The Bonds shall rank at least pari passu with all other senior unsecured obligations of the Issuer (save for such claims which are preferred by bankruptcy, insolvency, liquidation or other similar laws of general applicationapplication and for other obligations that are mandatorily preferred by law) and shall rank ahead of subordinated debt.
Appears in 6 contracts
Samples: Bond Agreement (Teekay LNG Partners L.P.), Bond Agreement (Teekay Offshore Partners L.P.), Bond Agreement (Teekay Corp)
Status of the Bonds and security. 8.1 The Bonds shall be constitute senior debt obligations of the Issuer. The Bonds shall rank at least pari passu with all other obligations of the Issuer (save for such claims which are preferred by bankruptcy, insolvency, liquidation or other similar laws of general application) and shall rank ahead of subordinated debt.
Appears in 5 contracts
Samples: Bond Agreement (Ship Finance International LTD), Bond Agreement (North Atlantic Drilling Ltd.), Bond Agreement
Status of the Bonds and security. 8.1 The Bonds shall be rank as senior unsecured debt of the Issuer. The Bonds shall rank at least pari passu with all other obligations senior unsecured debt of the Issuer (save for such claims obligations which are mandatorily preferred by bankruptcy, insolvency, liquidation or other similar laws of general application) and law. The Bonds shall rank ahead of subordinated debt.
Appears in 3 contracts
Samples: Bond Agreement (Golar LNG Partners LP), Bond Agreement (Golar LNG Partners LP), Bond Agreement (Golar LNG Partners LP)
Status of the Bonds and security. 8.1 The Bonds shall be constitute senior debt obligations of the Issuer. The Bonds shall rank at least pari passu with all other obligations senior unsecured debt of the Issuer (save for such claims which are preferred by bankruptcy, insolvency, liquidation or other similar laws of general application) and shall rank ahead of subordinated debt.
Appears in 2 contracts
Samples: Bond Agreement (Navigator Holdings Ltd.), Bond Agreement (Navigator Holdings Ltd.)
Status of the Bonds and security. 8.1 The Bonds shall be senior debt of the Issuer. The Bonds shall rank at least pari passu with all other obligations of the Issuer (save for such claims which are preferred by bankruptcy, insolvency, liquidation or other similar laws of general application) and shall rank ahead of subordinated debt.capital. Norsk Tillitsmann ASA
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Status of the Bonds and security. 8.1 7.1 The Bonds shall be senior debt of the Issuer. The Bonds shall rank at least pari passu with all other obligations of the Issuer (save for such claims which are preferred by bankruptcy, insolvency, liquidation or other similar laws of general application) and shall rank ahead of subordinated debtcapital.
Appears in 1 contract
Status of the Bonds and security. 8.1 The Bonds shall be constitute senior debt obligations of the Issuer. The Bonds shall rank at least pari passu with all other obligations of the Issuer (save for such claims which are preferred by bankruptcy, insolvency, liquidation or other similar laws of general application) and shall rank ahead of subordinated debt.debt.
Appears in 1 contract
Samples: Bond Agreement
Status of the Bonds and security. 8.1 The Bonds shall be constitute senior debt obligations of the IssuerIssuer and the Guarantee shall constitute senior payment obligations of the Guarantor. The Bonds shall rank at least pari passu with all other unsecured obligations of the Issuer and the Guarantee shall rank at least pari passu with all other unsecured obligations of the Guarantor (in each case save for such claims which are preferred by bankruptcy, insolvency, liquidation or other similar laws of general application) and shall rank ahead of subordinated debt.
Appears in 1 contract
Samples: Bond Agreement
Status of the Bonds and security. 8.1 The Bonds shall be constitute senior debt obligations of the Issuer. The Bonds shall rank at least pari passu with all other obligations of the Issuer (save for such claims which which are preferred by bankruptcy, insolvency, liquidation or other similar laws of general application) and shall rank ahead of subordinated debtcapital.
Appears in 1 contract
Samples: Bond Agreement
Status of the Bonds and security. 8.1 The Bonds shall be senior debt of the Issuer. The Bonds shall rank at least pari passu with all other obligations of the Issuer (save for such claims which are preferred by bankruptcy, insolvency, liquidation or other similar laws of general application) and shall rank ahead of subordinated debtcapital.
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