Pari Passu Obligations. The obligations of the Borrower under this Agreement will rank at least pari passu in right of payment with all other unsecured and unsubordinated obligations of the Borrower, except as otherwise provided by mandatory provisions of applicable law.
Appears in 10 contracts
Samples: Loan Agreement (Wimm Bill Dann Foods Ojsc), Loan Agreement (Open Joint Stock Co Vimpel Communications), Loan Agreement (Open Joint Stock Co Vimpel Communications)
Pari Passu Obligations. The Borrower's obligations of the Borrower under this Agreement and the other Security Documents will rank at least pari passu in right of payment with all of its other unsecured and unsubordinated obligations of the Borrower, except and liabilities from time to time outstanding other than as otherwise provided preferred by mandatory provisions of applicable lawstatute.
Appears in 2 contracts
Samples: Loan Agreement (Iii to I Maritime Partners Cayman I Lp), Loan Agreement (Iii to I Maritime Partners Cayman I Lp)
Pari Passu Obligations. The Each Borrower's obligations of the Borrower under this Agreement and the other Security Documents will rank at least pari passu in right of payment with all of its other unsecured and unsubordinated obligations of the Borrower, except and liabilities from time to time outstanding other than as otherwise provided preferred by mandatory provisions of applicable lawstatute.
Appears in 1 contract
Samples: Loan Agreement (Omega Navigation Enterprises, Inc.)