pari passu


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Related to pari passu: mutatis mutandis

pa·ri pas·su

 (păr′ē păs′o͞o, păr′ī, pär′ē)
adv.
At an equal pace; side by side: inflation and interest rates increasing pari passu.

[Latin parī passū : parī, ablative of pār, equal + passū, ablative of passus, step.]

pari passu

(ˌpærɪ ˈpæsuː; ˈpɑːrɪ)
adv
(Law) usually law with equal speed or progress; equably: often used to refer to the right of creditors to receive assets from the same source without one taking precedence

pari passu

A Latin phrase meaning equal step, used to mean with equal speed.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Adv.1.pari passu - used in legal language
Translations

pari passu

[ˈpærɪˈpæsuː] ADVa ritmo parecido, al igual
pari passu witha ritmo parecido al de, al igual que

pari passu

References in classic literature ?
No; pari passu with Solander, who bought his knowledge with pain and privations
debt securities both for retail investors denominated in Japanese yen with inter-bond pari passu clause have been resolved in accordance with the approval by the Board of Directors on June 25, 2012 and by the Representative Executive Officer on October 16, 2012.
shares, issued at 1p, rank pari passu with the existing ordinary shares" as
The company is capable of going anywhere in the capital structure--from senior financing to pari passu equity--and will entertain all asset types and geographical locations.
Tokyo, Japan, June 2, 2006 - (JCN Newswire) - Sanix Incorporated (TSE: 4651) has announced a revision of the conversion price of First Series of Unsecured Convertible Bonds with Stock Acquisition Rights (Limited Inter-Bond Pari Passu Clause) as follows.
The company, its counsel, and counsel to the Steering Committee of the Unofficial Committee of the holders of the company's four issues of subordinated debt believe it is clear that all such issues of subordinated debt rank pari passu in right of payment.
The equity credit classification for the securities recognizes their junior subordinated ranking, as these securities rank pari passu with Wachovia Capital Trust III and junior to all senior and subordinated obligations of WB, including the junior subordinated debt associated with WB's other currently outstanding trust preferred securities.
46 million, 49 percent pari passu interest in a mezzanine loan made by GMAC Commercial Mortgage in conjunction with the condo conversion of a 344-unit apartment complex in Odessa, Pasco County, Fla.