Common use of Status of the Bonds and security Clause in Contracts

Status of the Bonds and security. 8.1 The Bonds shall be senior unsecured debt of the Issuer. The Bonds shall rank at least pari passu with all other senior unsecured obligations of the Issuer (save for such claims which are preferred by bankruptcy, insolvency, liquidation or other similar laws of general application and for other obligations that are mandatorily preferred by law) and shall rank ahead of subordinated debt. 8.2 The Bonds are unsecured.

Status of the Bonds and security. 8.1 The Bonds shall be constitute senior unsecured debt obligations of the Issuer. The Bonds shall rank at least pari passu with all other senior unsecured obligations of the Issuer (save for such claims which are preferred by bankruptcy, insolvency, liquidation or other similar laws of general application and for other obligations that are mandatorily preferred by lawapplication) and shall rank ahead of subordinated debt. 8.2 The Bonds are unsecured.

Status of the Bonds and security. 8.1 The Bonds shall be senior unsecured debt of the Issuer. The Bonds shall rank at least pari passu with all other senior unsecured obligations of the Issuer (save for such claims which are preferred by bankruptcy, insolvency, liquidation or other similar laws of general application and for other obligations that are mandatorily preferred by lawapplication) and shall rank ahead of subordinated debt. 8.2 The Bonds are unsecured.

Status of the Bonds and security. 8.1 The Bonds shall be rank as senior unsecured debt of the Issuer. The Bonds shall rank at least pari passu with all other senior unsecured obligations debt of the Issuer (save for such claims obligations which are preferred by bankruptcy, insolvency, liquidation or other similar laws of general application and for other obligations that are mandatorily preferred by law) and . The Bonds shall rank ahead of subordinated debt. 8.2 The Bonds are unsecured.

Status of the Bonds and security. 8.1 The Bonds shall be constitute senior unsecured debt obligations of the Issuer. The Bonds shall rank at least pari passu with all other senior unsecured obligations debt of the Issuer (save for such claims which are preferred by bankruptcy, insolvency, liquidation or other similar laws of general application and for other obligations that are mandatorily preferred by lawapplication) and shall rank ahead of subordinated debt. 8.2 The Bonds are are, except for the Excrow Account Pledge, unsecured.

Status of the Bonds and security. 8.1 The Bonds shall be senior unsecured debt of the Issuer. The Bonds shall rank at least pari passu with all other senior unsecured obligations of the Issuer (save for such claims which are preferred by bankruptcy, insolvency, liquidation or other similar laws of general application and for other obligations that are mandatorily preferred by lawapplication) and shall rank ahead of subordinated debtcapital. 8.2 The Bonds are unsecured.

Status of the Bonds and security. 8.1 The Bonds shall be senior unsecured debt of the Issuer. The Bonds shall rank at least pari passu with all other senior unsecured obligations of the Issuer (save for such claims which are preferred by bankruptcy, insolvency, liquidation or other similar laws of general application and for other obligations that are mandatorily preferred by lawapplication) and shall rank ahead of subordinated debt. 8.2 The Bonds are unsecuredBonds, including accrued but unpaid interest and expenses, shall be secured by the Security Interests under the Security Documents.

Status of the Bonds and security. 8.1 7.1 The Bonds shall be senior unsecured debt of the Issuer. The Bonds shall rank at least pari passu with all other senior unsecured obligations of the Issuer (save for such claims which are preferred by bankruptcy, insolvency, liquidation or other similar laws of general application and for other obligations that are mandatorily preferred by lawapplication) and shall rank ahead of subordinated debtcapital. 8.2 7.2 The Bonds are unsecured.

Status of the Bonds and security. 8.1 The Bonds shall be senior unsecured debt of the Issuer. The Bonds shall rank at least pari passu with all other senior unsecured obligations of the Issuer (save for such claims which are preferred by bankruptcy, insolvency, liquidation or other similar laws of general application and for other obligations that are mandatorily preferred by lawapplication) and shall rank ahead of subordinated debt. 8.2 The Bonds are shall be unsecured.

Status of the Bonds and security. 8.1 The Bonds shall be constitute senior unsecured debt obligations of the Issuer. The Bonds shall rank at least pari passu with all other senior unsecured obligations of the Issuer (save for such claims which are preferred by bankruptcy, insolvency, liquidation or other similar laws of general application and for other obligations that are mandatorily preferred by lawapplication) and shall rank ahead of subordinated debt. 8.2 The Bonds are shall be unsecured.

Status of the Bonds and security. 8.1 The Bonds shall be senior unsecured debt of the Issuer. The Bonds shall rank at least pari passu with all other senior unsecured obligations of the Issuer (save for such claims which are preferred by bankruptcy, insolvency, liquidation or other similar laws of general application and for other obligations that are mandatorily preferred by lawapplication) and shall rank ahead of subordinated debt. 8.2 The Bonds are unsecuredBonds, including accrued but unpaid interest and expenses, shall be secured by the Security Interests.

Status of the Bonds and security. 8.1 The Bonds shall be constitute senior unsecured debt obligations of the Issuer. The Bonds shall rank at least pari passu with all other senior unsecured obligations of the Issuer (save for such claims which are preferred by bankruptcy, insolvency, liquidation or other similar laws of general application and for other obligations that are mandatorily preferred by lawapplication) and shall rank ahead of subordinated debt.debt.‌ 8.2 The Bonds are unsecured.

Status of the Bonds and security. 8.1 The Bonds shall be senior unsecured debt of the Issuer. The Bonds shall rank at least pari passu with all other senior unsecured obligations of the Issuer (save for such claims which are preferred by bankruptcy, insolvency, liquidation or other similar laws of general application and for other obligations that are mandatorily preferred by law) and shall rank ahead of subordinated debt. 8.2 The Bonds are unsecured.

Status of the Bonds and security. 8.1 The Bonds shall be constitute senior unsecured debt obligations of the Issuer. The Bonds shall rank at least pari passu with all other senior unsecured obligations of the Issuer (save for such claims which which‌ are preferred by bankruptcy, insolvency, liquidation or other similar laws of general application and for other obligations that are mandatorily preferred by lawapplication) and shall rank ahead of subordinated debtcapital. 8.2 The Bonds are unsecured.