Common use of Ranking of security Clause in Contracts

Ranking of security. The Transaction Security has or will have the ranking in priority which it is expressed to have in the Transaction Security Documents and it is not subject to any prior ranking or pari passu ranking Security.

Appears in 5 contracts

Samples: Agreement (GDS Holdings LTD), Agreement (GDS Holdings LTD), Facility Agreement (GDS Holdings LTD)

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Ranking of security. The Subject to the Legal Reservations and Perfection Requirements, the Transaction Security has or will have the first ranking in priority which it is expressed to have in the Transaction Security Documents and it is not subject to any prior ranking or pari passu ranking Security.

Appears in 3 contracts

Samples: Facility Agreement (PCGI Intermediate Holdings LTD), Agreement (PCGI Intermediate Holdings LTD), Agreement (PCGI Intermediate Holdings LTD)

Ranking of security. The Transaction Security has or will have the first ranking in priority which it is expressed to have in the Transaction Security Documents and it is not subject to any prior ranking or pari passu ranking SecuritySecurity Interest (other than Permitted Security Interests).

Appears in 2 contracts

Samples: Facility Agreement (Global Ship Lease, Inc.), Facility Agreement (Global Ship Lease, Inc.)

Ranking of security. The Transaction Security has or will have the ranking in priority which it is expressed to have in the Transaction Security Documents and it is not will not, on and from the Issue Date, be subject to any prior ranking or pari passu ranking Security.

Appears in 1 contract

Samples: Subscription Agreement

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Ranking of security. The Subject to the Legal Reservations and Perfection Requirements, the Transaction Security has or will have the first ranking in priority which it is expressed to have in the Transaction Security Documents and it is not subject to any prior ranking or pari passu ranking Security.

Appears in 1 contract

Samples: Agreement (Diodes Inc /Del/)

Ranking of security. The Transaction Security has or will have the first ranking in priority which it is expressed to have in the Transaction Security Documents and it is not subject to any prior ranking or pari passu ranking Security.

Appears in 1 contract

Samples: Agreement (Daqo New Energy Corp.)

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