Status of the Notes and the Guarantee. (a) Status of the Notes: The Notes and any related Coupons are direct, unconditional, unsubordinated and (subject to the provisions of Condition 3) unsecured obligations of the Issuer and (subject as aforesaid) rank and will rank pari passu without any preference among themselves, with all other present and future outstanding unsubordinated and unsecured obligations of the Issuer (subject to mandatorily preferred obligations under applicable laws).
Appears in 5 contracts
Samples: Agency Agreement, Agency Agreement, Agency Agreement
