Common use of Pari Passu Clause in Contracts

Pari Passu. Its obligations under this Agreement rank pari passu with all of its other unsecured, unsubordinated obligations except those obligations preferred by operation of law.

Appears in 31 contracts

Samples: Master Agreement, Master Agreement, Disclosure Agreement

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Pari Passu. Its obligations under this Agreement rank pari passu with all of its other unsecured, unsubordinated obligations except those obligations preferred by operation of law.

Appears in 9 contracts

Samples: Master Agreement (NovaStar Certificates Financing CORP), Master Agreement (Caterpillar Financial Funding Corp), Master Agreement (NovaStar Certificates Financing CORP)

Pari Passu. Its obligations under this Agreement rank at least pari passu with all of its other unsecured, unsubordinated obligations except those obligations preferred by operation of law.

Appears in 7 contracts

Samples: Master Agreement, Isda Master Agreement, Isda Master Agreement

Pari Passu. Its obligations under this Agreement rank at least pari passu with all of its other unsecured, unsubordinated obligations except those obligations preferred by operation of law."

Appears in 4 contracts

Samples: Master Agreement, Master Agreement, Master Agreement

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Pari Passu. Its obligations under this Agreement rank pari passu with all of its other unsecured, unsubordinated obligations except those obligations preferred by operation of law.’’

Appears in 2 contracts

Samples: Master Agreement (Turquoise Funding I LTD), Master Agreement (Turquoise Funding I LTD)

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