No; pari passu
with Solander, who bought his knowledge with pain and privations!"
The payment obligations will rank pari passu
with the claims of other unsecured creditors.
The outstanding stock of senior unsecured debt issued prior to 21 July 2018 that is not considered by the German regulators to contain complex embedded derivatives ranks pari passu
with senior non-preferred debt (and thus junior to the new senior preferred debt) issued under the new regime.
Gray Television announced that it is proposing, subject to market and other conditions, to replace its existing priority revolving credit facility with a new pari passu
five-year revolving credit facility, amend its current term loan, and incur up to $2.15B of additional term loans under its senior credit facility.
We seek purchase on this question with u study of the pari passu
clause, a standard provision in sovereign debt contracts that almost no one seems to understand.
that Venezuela utilize the pari passu
provisions included in
The rating assigned to the PPTFC takes into account the security structure of the instrument whereby partial cash coverage of up to Rs 300 million (equivalent to 10 % of the issue size) is available throughout the instrument tenor along with first pari passu
charge of present and future current assets of the bank with a 25 % margin.
They will rank pari passu
among themselves and at least pari passu
with all other present and future unsecured and unsubordinated obligations of the issuer.
The bonds will at all times rank pari passu
among themselves and at least
CLUB N NORTHBROOK COVENTRY PARI PASSU
N NORTHBROOK Why stop there?
Griesa accepted an interpretation of the 'pari passu
' clause included in many bonds that NML's parent company, Elliott Associates, used to disrupt a Peruvian debt exchange in 2000.