Common use of Status Clause in Contracts

Status. The Securities represent general contractual obligations of the relevant Issuer and are not secured by any property of such Issuer. The Securities rank equally among themselves and, save for such exceptions as may be provided by Applicable Law, pari passu with all other unsecured and unsubordinated obligations of such Issuer but excluding any debts for the time being preferred by Applicable Law and any subordinated obligation.

Appears in 12 contracts

Samples: www.borsaitaliana.it, www.borsaitaliana.it, www.borsaitaliana.it