Common use of Status of Notes Clause in Contracts

Status of Notes. 3.1 The Notes when issued and outstanding shall rank pari passu, equally and rateably, without discrimination or preference among themselves and as unsecured obligations of the Company. 3.2 The Notes shall be issued and held subject to and with the benefit of the provisions of this Deed (including the Conditions). All such provisions shall be binding on the Company and the Noteholders and all Persons claiming through or under them respectively and shall enure for the benefit of all Noteholders.

Status of Notes. 3.1 4.1 The Notes when issued and outstanding shall rank pari passu, equally and rateably, without discrimination or preference among themselves and as unsecured obligations of the Company. 3.2 4.2 The Notes shall be issued and held subject to and with the benefit of the provisions of this Deed Instrument (including the Conditions). All such provisions shall be binding on the Company and the Noteholders and all Persons persons claiming through or under them respectively and shall enure ensure for the benefit of all Noteholders.