Common use of Status of the Notes Clause in Contracts

Status of the Notes. The Notes constitute direct, unconditional, unsecured and (subject to Condition 5(a) below) unsecured obligations of the Issuer which will at all times rank pari passu among themselves and at least pari passu and without any preference or priority with all other present and future unsecured obligations of the Issuer, save for such obligations as may be preferred by provisions of law that are both mandatory and of general application.

Status of the Notes. The Notes constitute direct, general, unconditional, unsecured unsubordinated and (subject to Condition 5(a) below5 (Negative Pledge)) unsecured obligations of the Issuer which will at all times rank pari passu without any preference or priority among themselves and at least pari passu and without any preference or priority with all other present and future unsecured and unsubordinated obligations of the Issuer, save for such obligations as may be preferred by provisions of law that are both mandatory and of general application.

Status of the Notes. The Notes constitute direct, unconditional, unsecured unsubordinated and (subject without prejudice to the provisions of Condition 5(a) below5 (Negative Pledge)) unsecured obligations of the Issuer which and will at all times rank pari passu among themselves and at least pari passu and without any preference or priority with all other present and future unsecured and unsubordinated obligations of the Issuer, save for such obligations as may be preferred by provisions of law that are both mandatory and of general application.

Status of the Notes. The Notes constitute direct, unconditional, unsecured unsubordinated and (subject without prejudice to the provisions of Condition 5(a) below4 (Negative Pledge)) unsecured obligations of the Issuer which and will at all times rank pari passu among themselves and at least pari passu and without any preference or priority with all other present and future unsecured and unsubordinated obligations of the Issuer, save for such obligations as may be preferred by provisions of law that are both mandatory and of general application.

Status of the Notes. The the Notes constitute direct, unconditional, unsecured unsubordinated and (subject to the provisions of Condition 5(a) below3 (Negative Pledge)) unsecured obligations of the Issuer which will at all times rank pari passu among themselves and at least pari passu and without any preference or priority (save for certain obligations required to be preferred by law) equally with all other present and future unsecured obligations (other than subordinated obligations, if any) of the Issuer, save for such obligations as may be preferred by provisions of law that are both mandatory and of general application.from time to time outstanding;

Status of the Notes. The Notes constitute direct, general, unconditional, unsecured unsubordinated and (subject to Condition 5(a) below4 (Negative Pledge)) unsecured obligations of the Issuer which Issuer. The Notes rank and will at all times rank pari passu among themselves and at least pari passu and without any preference or priority in right of payment with all other present and future unsubordinated and unsecured obligations of the Issuer, save only for such obligations as may be preferred by mandatory provisions of law that are both mandatory and of general applicationapplicable law.

Status of the Notes. The Notes constitute direct, general, unconditional, unsecured unsubordinated and (subject to Condition 5(a) below3 (Negative Pledge)) unsecured obligations of the Issuer which will at all times rank pari passu without any preference or priority among themselves and at least pari passu and without any preference or priority with all other present and future unsecured and unsubordinated obligations of the Issuer, save for such obligations as may be preferred by provisions of law that are both mandatory and of general application.