Ranking of security. The security conferred by the Funding 1 Deed of Charge constitutes a first priority Security Interest, of the type described in the Funding 1 Deed of Charge, over the security assets referred to in the Funding 1 Deed of Charge, and the security assets are not subject to any prior or pari passu ranking Security Interests.
Appears in 4 contracts
Samples: Intercompany Loan Agreement, Intercompany Loan Agreement, Intercompany Loan Agreement