Common use of Status of the Notes Clause in Contracts

Status of the Notes. The Notes and any relative Coupons are direct, unconditional, unsubordinated and (subject to the provisions of Condition 4) unsecured obligations of the Issuer and (subject as provided above) rank and will rank pari passu, without any preference among themselves, with all other outstanding unsecured and unsubordinated obligations of the Issuer present and future, but, in the event of insolvency, only to the extent permitted by applicable laws relating to creditors' rights.

Status of the Notes. The Notes and any relative the Coupons are constitute direct, unconditional, unsubordinated unconditional and (subject to the provisions of Condition 44(1)) unsecured obligations of the Issuer and (subject as provided above) rank and will rank pari passu, without any preference among themselves, with all other outstanding unsecured and unsubordinated obligations of the Issuer Issuer, present and future, but, in the event save for such obligations as may be preferred by mandatory provisions of insolvency, only to the extent permitted by applicable laws relating to creditors' rightslaw.

Status of the Notes. The Notes and any relative Coupons are direct, unconditional, unsubordinated and (subject to the provisions of Condition 4) unsecured obligations of the Issuer and (subject as provided above) rank and will rank pari passu, without any preference passu among themselves, themselves and (save for certain obligations required to be preferred by law) equally with all other outstanding unsecured and unsubordinated obligations of the Issuer present Issuer, including, for the avoidance of doubt, any unsubordinated and futureunsecured guarantee provided by the Issuer, but, in the event of insolvency, only from time to the extent permitted by applicable laws relating to creditors' rightstime outstanding.

Status of the Notes. The Notes and any relative the Coupons are direct, unconditional, unsubordinated unconditional and (subject to the provisions of Condition 44.1 (Negative Pledge)) unsecured obligations of the Issuer and (subject as provided above) rank and will rank pari passu, without any preference among themselves, with all other outstanding unsecured and unsubordinated obligations of the Issuer Issuer, present and future, but, in the event of insolvency, only to the extent permitted by applicable laws relating to creditors' ’ rights.

Status of the Notes. The Notes and any relative the Coupons are direct, unconditional, unsubordinated unconditional and (subject to the provisions of Condition 4) unsecured obligations of the Issuer and (subject as provided above) rank and will rank pari passu, without any preference among themselves, with all other outstanding unsecured and unsubordinated obligations of the Issuer Issuer, present and future, but, in the event of insolvency, only to the extent permitted by applicable laws relating to creditors' rights.

Status of the Notes. The Notes and any relative the Coupons are direct, unconditional, unsubordinated unsubordinated, general and (subject to the provisions of Condition 44(1)) unsecured obligations of the Issuer and (subject as provided aboveaforesaid) rank and will rank pari passu, without any preference among themselves, with all other outstanding unsecured and unsubordinated obligations of the Issuer Issuer, present and future, but, in the event of insolvency, only to the extent permitted by applicable laws relating to creditors' ’ rights.

Status of the Notes. The Notes and any relative the Coupons are direct, unconditional, unsubordinated unconditional and (subject to the provisions of Condition 43) unsecured obligations of the Issuer and (subject as provided above) rank and will rank pari passu, without any preference among themselves, with all other outstanding unsecured and unsubordinated obligations of the Issuer Issuer, present and future, but, in the event of insolvency, but only to the extent permitted by applicable laws relating to creditors' rights.

Status of the Notes. The Notes and any relative the Coupons are direct, unconditional, unsubordinated unconditional and (subject to the provisions of Condition 44 (Negative Pledge)) unsecured obligations of the Issuer and (subject as provided above) rank and will rank pari passu, without any preference among themselves, with all other outstanding unsecured and unsubordinated obligations of the Issuer Issuer, present and future, but, in the event of insolvency, only to the extent permitted by applicable laws relating to creditors' ‘ rights.

Status of the Notes. The Notes and any relative Coupons are direct, unconditional, unsubordinated and (subject to the provisions of Condition 4) unsecured obligations of the Issuer and (subject as provided above) rank and will rank pari passu, passu without any preference or priority among themselves, themselves and with all other outstanding unsecured and unsubordinated obligations of the Issuer Issuer, present and future, but, in the event of insolvency, bankruptcy, liquidation or similar event relating to the Issuer, only to the extent permitted by applicable laws relating to creditors' ’ rights.