Status of Notes. The Notes are direct, unsubordinated and unsecured obligations of the Australian Borrower and rank at least equally among themselves with all other unsecured and unsubordinated obligations of the Australian Borrower except for liabilities mandatorily preferred by law.
Appears in 3 contracts
Samples: Agreement (BHP Billiton PLC), Multicurrency Loan Facility and Subscription Agreement (Xstrata PLC), Subscription Agreement (Falconbridge LTD)
Status of Notes. The Notes are direct, unsubordinated and unsecured obligations of the Australian Borrower and rank pari passu among themselves and at least equally among themselves with all other unsecured and unsubordinated obligations of the Australian Borrower except for liabilities mandatorily preferred by law.
Appears in 2 contracts
Samples: Agreement (BHP Billiton LTD), Facility and Subscription Agreement (BHP Billiton PLC)
