Common use of Priorities not affected Clause in Contracts

Priorities not affected. Except as otherwise provided in this Agreement the priorities referred to in Clause 2 (Ranking and Priority) will, to the fullest extent permitted by mandatory provisions of applicable law: (a) not be affected by any reduction or increase in the principal amount secured by the Transaction Security in respect of the Liabilities owing to the Secured Parties or by any intermediate reduction or increase in, amendment or variation to any of the Debt Documents, or by any variation or satisfaction of, any of the Liabilities or any other circumstances; (b) apply regardless of the order in which or dates upon which this Agreement and the other Debt Documents are executed or registered or notice of them is given to any person; and (c) secure the Liabilities owing to the Secured Parties in the order specified, regardless of the date upon which any of the Liabilities arise or of any fluctuations in the amount of any of the Liabilities outstanding.

Priorities not affected. Except as otherwise provided in this Agreement Deed the priorities referred to in Clause 2 (Ranking Priority and PriorityRanking) will, to the fullest extent permitted by mandatory provisions of applicable law: (a) not be affected by any reduction or increase in the principal amount secured by the Transaction Shared Security in respect of the Liabilities owing obligations or liabilities owed by the Debtor to the Secured Parties Primary Creditors or by any intermediate reduction or increase in, amendment or variation to any of the Debt Documents, or by any variation or satisfaction of, any of the Liabilities obligations or liabilities owed the Debtor to the Primary Creditors or any other circumstances; (b) apply regardless of the order in which or dates upon which this Agreement Deed and the other Debt Documents are executed or registered or notice of them is given to any person; and (c) secure the Liabilities owing obligations or liabilities owed by the Debtor to the Secured Parties Primary Creditors in the order specified, regardless of the date upon which any of the Liabilities arise those liabilities or obligations arose or of any fluctuations in the amount of any of the Liabilities outstandingsuch outstanding liabilities or obligations.

Priorities not affected. Except as otherwise provided in this Agreement the priorities referred to in Clause 2 ‎2 (Ranking Ranking, Priority, Maximum Holdings of Noteholders and PriorityMaximum Interests in Security Granted to Hedge Counterparties) will, to the fullest extent permitted by mandatory provisions of applicable law: (a) not be affected by any reduction or increase in the principal amount secured by the Transaction Security in respect of the Liabilities owing to the Secured Parties relevant Primary Creditors or by any intermediate reduction or increase in, amendment or variation to any of the Debt Documents, or by any variation or satisfaction of, any of the Liabilities or any other circumstances; (b) apply regardless of the order in which or dates upon which this Agreement and the other Debt Documents are executed or registered or notice of them is given to any person; and (c) secure the Liabilities owing to the Secured Parties Primary Creditors in the order specified, regardless of the date upon which any of the Liabilities arise or of any fluctuations in the amount of any of the Liabilities outstanding.

Priorities not affected. Except as otherwise provided in this Agreement the priorities referred to in Clause 2 (Ranking and Priority) will, to the fullest extent permitted by mandatory provisions of applicable law: (a) not be affected by any reduction or increase in the amount (whether of principal amount or otherwise) secured by the Transaction Security in respect of any or all of the Liabilities owing to any or all of the Secured Parties Senior Creditors or by any intermediate reduction or increase in, amendment or variation to any of the Debt Documents, or by any variation or satisfaction of, any of the Liabilities or any other circumstances; (b) apply regardless of the order in which or dates upon which this Agreement and the other Debt Documents are executed or registered or notice of them is given to any person; and (c) secure the Liabilities owing to the Secured Parties Senior Creditors in the order specified, regardless of the date upon which any of the Liabilities arise or of any fluctuations in the amount of any of the Liabilities outstanding.

Priorities not affected. Except as otherwise provided in this Agreement Deed the priorities referred to in Clause clause 2 (Ranking and Priority) will, to the fullest extent permitted by mandatory provisions of applicable law: (a) not be affected by any reduction or increase in the principal amount secured by the Transaction Security in respect of the Liabilities owing to the Secured Parties Primary Creditors or by any intermediate reduction or increase inIn, amendment or variation to any of the Debt Documents, or by any variation or satisfaction of, any of the Liabilities or any other circumstances; (b) apply regardless of whether any Primary Creditor is obliged to make any advance to any of the Debtors; (c) apply regardless of the order in which or dates upon which this Agreement Deed and the other Debt Documents are executed or registered or notice of them is given to any person; and (cd) secure the Liabilities owing to the Secured Parties Primary Creditors in the order specified, regardless of the date upon which any of the Liabilities arise or of any fluctuations in the amount of any of the Liabilities outstanding.