Common use of Status of the Notes Clause in Contracts

Status of the Notes. The Notes constitute direct, general, unconditional, unsubordinated and (subject to Condition 5 (Negative Pledge)) unsecured obligations of the Issuer which will at all times rank pari passu without any preference or priority among themselves and at least pari passu with all other present and future unsecured and unsubordinated obligations of the Issuer, save for such obligations as may be preferred by provisions of law that are both mandatory and of general application.

Status of the Notes. The Notes constitute direct, general, unconditional, unsubordinated unsecured and (subject to Condition 5 (Negative Pledge)5(a) below) unsecured obligations of the Issuer which will at all times rank pari passu without any preference or priority among themselves and at least pari passu and without any preference or priority with all other present and future unsecured and unsubordinated obligations of the Issuer, save for such obligations as may be preferred by provisions of law that are both mandatory and of general application.

Status of the Notes. The Notes constitute direct, general, unconditional, unsubordinated and (subject without prejudice to the provisions of Condition 5 (Negative Pledge)) unsecured obligations of the Issuer which and will at all times rank pari passu without any preference or priority among themselves and at least pari passu with all other present and future unsecured and unsubordinated obligations of the Issuer, save for such obligations as may be preferred by provisions of law that are both mandatory and of general application.

Status of the Notes. The Notes constitute direct, general, unconditional, unsubordinated and (subject without prejudice to the provisions of Condition 5 4 (Negative Pledge)) unsecured obligations of the Issuer which and will at all times rank pari passu without any preference or priority among themselves and at least pari passu with all other present and future unsecured and unsubordinated obligations of the Issuer, save for such obligations as may be preferred by provisions of law that are both mandatory and of general application.

Status of the Notes. The Notes constitute direct, general, unconditional, unsubordinated and (subject to Condition 5 4 (Negative Pledge)) unsecured obligations of the Issuer which Issuer. The Notes rank and will at all times rank pari passu without any preference or priority among themselves and at least pari passu in right of payment with all other present and future unsubordinated and unsecured and unsubordinated obligations of the Issuer, save only for such obligations as may be preferred by mandatory provisions of law that are both mandatory and of general applicationapplicable law.

Status of the Notes. The Notes constitute direct, general, unconditional, unsubordinated and (subject to Condition 5 3 (Negative Pledge)) unsecured obligations of the Issuer which will at all times rank pari passu without any preference or priority among themselves and at least pari passu with all other present and future unsecured and unsubordinated obligations of the Issuer, save for such obligations as may be preferred by provisions of law that are both mandatory and of general application.