Common use of Status of the Notes and the Credit Support Agreements Clause in Contracts

Status of the Notes and the Credit Support Agreements. The Notes and any relative Coupons are direct, unconditional, unsubordinated and (subject to the provisions of Condition 3) unsecured obligations of the Issuer and rank pari passu and rateably without any preference among themselves and (save for certain obligations required to be preferred by law) equally with all other unsecured obligations (other than subordinated obligations, if any) of the Issuer from time to time outstanding. The Notes and the Coupons have the benefit of the Credit Support Agreements.

Appears in 14 contracts

Samples: Agency Agreement (Toyota Motor Credit Corp), Agency Agreement, Agency Agreement (Toyota Motor Credit Corp)

AutoNDA by SimpleDocs

Status of the Notes and the Credit Support Agreements. The Notes and any relative relevant Receipts and Coupons are direct, unconditional, unsubordinated and (subject to the provisions of Condition 3) unsecured obligations of the Issuer and rank pari passu and rateably without any preference among themselves and (save for certain obligations required to be preferred by law) equally with all other unsecured obligations (other than subordinated obligations, if any) of the Issuer from time to time outstanding. The Notes Notes, the Receipts and the Coupons have the benefit of the Credit Support Agreements.

Appears in 5 contracts

Samples: Agency Agreement (Toyota Motor Credit Corp), Agency Agreement (Toyota Motor Credit Corp), Agency Agreement (Toyota Motor Credit Corp)

Status of the Notes and the Credit Support Agreements. The Notes and any relative relevant Coupons are direct, unconditional, unsubordinated and (subject to the provisions of Condition 3) unsecured obligations of the Issuer and rank pari passu and rateably without any preference among themselves and (save for certain obligations required to be preferred by law) equally with all other unsecured obligations (other than subordinated obligations, if any) of the Issuer from time to time outstanding. The Notes and the Coupons have the benefit of the Credit Support Agreements.

Appears in 2 contracts

Samples: Agency Agreement (Toyota Motor Credit Corp), Agency Agreement (Toyota Motor Credit Corp)

AutoNDA by SimpleDocs

Status of the Notes and the Credit Support Agreements. The Notes and any relative relevant Receipts and Coupons are direct, unconditional, unsubordinated and (subject to the provisions of Condition 3) unsecured obligations of the Issuer and rank pari passu and rateably without any preference among themselves and (save for certain obligations debts required to be preferred by law) equally with all other unsecured obligations (other than subordinated obligations, if any) of the Issuer from time to time outstanding. The Notes Notes, the Receipts and the Coupons have the benefit of the Credit Support Agreements.

Appears in 2 contracts

Samples: Paying Agent (Toyota Motor Credit Corp), Paying Agent (Toyota Motor Credit Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.