Common use of Status of the Senior Preferred Notes Clause in Contracts

Status of the Senior Preferred Notes. 2.1 This Condition 2 applies only to Senior Preferred Notes and references to “Notes” and “Coupons” in this Condition 2 shall be construed accordingly. The Notes and the relative Coupons are direct, unconditional, unsubordinated and unsecured obligations of the Issuer and rank pari passu among themselves and (save for certain debts required to be preferred by law) at least equally with all other unsecured obligations of the Issuer, present and future, from time to time outstanding. So long as any of the Notes remains outstanding (as defined in the Agency Agreement), the Issuer undertakes to ensure that the obligations of the Issuer under the Notes rank and will rank at least pari passu with all other unsecured and unsubordinated obligations of the Issuer and with all its unsecured and unsubordinated obligations under guarantees of obligations of third parties, in each case except for any obligations preferred by mandatory provisions of applicable law.

Status of the Senior Preferred Notes. 2.1 This Condition 2 applies only to Senior Preferred Notes specified as such in the applicable Final Terms and references to “"Notes” and “Coupons” " in this Condition 2 shall be construed accordingly. The Notes and the relative Coupons are direct, unconditional, unsecured and unsubordinated and unsecured obligations of the Issuer and rank pari passu among themselves and (save for certain debts required to be preferred by law) at least equally with all other unsecured and unsubordinated obligations (including, for the avoidance of doubt, any Senior Non-Preferred Notes) of the Issuer, present and future, from time to time outstanding. So long as any of the Notes remains outstanding (as defined in the Agency Agreement), the Issuer undertakes to ensure that the obligations of the Issuer under the Notes rank and will rank at least pari passu with all other unsecured and unsubordinated obligations of the Issuer and with all its unsecured and unsubordinated obligations under guarantees of obligations of third parties, in each case except for any obligations preferred by mandatory provisions of applicable law.

Status of the Senior Preferred Notes. 2.1 This Condition 2 applies only to Senior Preferred Notes and references to “Notes”, “Coupons” and “CouponsNoteholders” in this Condition 2 shall be construed accordingly. The Notes and the relative Coupons are constitute direct, unconditional, unsubordinated and unsecured obligations of the Issuer and rank pari passu among themselves and (save for certain debts required to be preferred by law) at least equally with all other unsecured obligations of the Issuer, present and future, from time to time outstanding. So long as any of the Notes remains outstanding (as defined in the Agency Agreement), the Issuer undertakes to ensure that the obligations of the Issuer under the Notes rank and will rank at least pari passu with all other unsecured and unsubordinated obligations of the Issuer and with all its unsecured and unsubordinated obligations under guarantees of obligations of third parties, in each case except for any obligations preferred by mandatory provisions of applicable law.