Common use of Status of Notes Clause in Contracts

Status of Notes. The Notes and Coupons constitute direct, senior, unconditional and (subject to Condition 4) unsecured obligations of the Issuer and rank pari passu without any preference among themselves and with all other present or future (subject as aforesaid) unsecured and unsubordinated obligations of the Issuer (other than obligations which are preferred by bankruptcy, liquidation or other similar laws of general application).

Appears in 3 contracts

Samples: Agency Agreement, Agency Agreement, Agency Agreement

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Status of Notes. The Notes and Coupons constitute direct, senior, unconditional and (subject to Condition 43) unsecured obligations of the Issuer and rank pari passu without any preference among themselves and with all other present or future (subject as aforesaid) unsecured and unsubordinated obligations of the Issuer (other than obligations which are preferred by bankruptcy, liquidation or other similar laws of general application).

Appears in 1 contract

Samples: Fiscal Agency Agreement

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