Common use of Priorities not affected Clause in Contracts

Priorities not affected. Except as otherwise provided in this Deed the priorities referred to in Clause 2 (Priority and Ranking) will: (a) not be affected by any reduction or increase in the principal amount secured by the Shared Security in respect of the obligations or liabilities owed by the Debtor to the Primary Creditors or by any intermediate reduction or increase in, amendment or variation to any of the Debt Documents, or by any variation or satisfaction of, any of the obligations or liabilities owed the Debtor to the Primary Creditors or any other circumstances; (b) apply regardless of the order in which or dates upon which this Deed and the other Debt Documents are executed or registered or notice of them is given to any person; and (c) secure the obligations or liabilities owed by the Debtor to the Primary Creditors in the order specified, regardless of the date upon which any of those liabilities or obligations arose or of any fluctuations in the amount of any of such outstanding liabilities or obligations.

Priorities not affected. Except as otherwise provided in this Deed Agreement the priorities referred to in Clause 2 ‎2 (Priority Ranking, Priority, Maximum Holdings of Noteholders and RankingMaximum Interests in Security Granted to Hedge Counterparties) will: (a) not be affected by any reduction or increase in the principal amount secured by the Shared Transaction Security in respect of the obligations or liabilities owed by the Debtor Liabilities owing to the relevant Primary Creditors or by any intermediate reduction or increase in, amendment or variation to any of the Debt Documents, or by any variation or satisfaction of, any of the obligations or liabilities owed the Debtor to the Primary Creditors Liabilities or any other circumstances; (b) apply regardless of the order in which or dates upon which this Deed Agreement and the other Debt Documents are executed or registered or notice of them is given to any person; and (c) secure the obligations or liabilities owed by the Debtor Liabilities owing to the Primary Creditors in the order specified, regardless of the date upon which any of those liabilities or obligations arose the Liabilities arise or of any fluctuations in the amount of any of such outstanding liabilities or obligationsthe Liabilities outstanding.

Priorities not affected. Except as otherwise provided in this Deed the priorities referred to in Clause clause 2 (Priority Ranking and RankingPriority) will: (a) not be affected by any reduction or increase in the principal amount secured by the Shared Transaction Security in respect of the obligations or liabilities owed by the Debtor Liabilities owing to the Primary Creditors or by any intermediate reduction or increase inIn, amendment or variation to any of the Debt Documents, or by any variation or satisfaction of, any of the obligations or liabilities owed the Debtor to the Primary Creditors Liabilities or any other circumstances; (b) apply regardless of whether any Primary Creditor is obliged to make any advance to any of the Debtors; (c) apply regardless of the order in which or dates upon which this Deed and the other Debt Documents are executed or registered or notice of them is given to any person; and (cd) secure the obligations or liabilities owed by the Debtor Liabilities owing to the Primary Creditors in the order specified, regardless of the date upon which any of those liabilities or obligations arose the Liabilities arise or of any fluctuations in the amount of any of such outstanding liabilities or obligationsthe Liabilities outstanding.

Priorities not affected. Except as otherwise provided in this Deed Agreement the priorities referred to in Clause 2 (Priority Ranking and RankingPriority) will: (a) not be affected by any reduction or increase in the amount (whether of principal amount or otherwise) secured by the Shared Transaction Security in respect of any or all of the obligations Liabilities owing to any or liabilities owed by all of the Debtor to the Primary Senior Creditors or by any intermediate reduction or increase in, amendment or variation to any of the Debt Documents, or by any variation or satisfaction of, any of the obligations or liabilities owed the Debtor to the Primary Creditors Liabilities or any other circumstances; (b) apply regardless of the order in which or dates upon which this Deed Agreement and the other Debt Documents are executed or registered or notice of them is given to any person; and (c) secure the obligations or liabilities owed by the Debtor Liabilities owing to the Primary Senior Creditors in the order specified, regardless of the date upon which any of those liabilities or obligations arose the Liabilities arise or of any fluctuations in the amount of any of such outstanding liabilities or obligationsthe Liabilities outstanding.