pari passu
11Pari-passu — A Latin phrase meaning “equal footing” that describes situations where two or more assets, securities, creditors or obligations are equally managed without any display of preference. An example of pari passu, occurs during bankruptcy… …
12Pari passu — D origine latine, le terme pari passu est principalement utilisé en droit des affaires et signifie que toutes les parties sont traitées de manière égale. En finance, ce terme sert à désigner des créances (prêts bancaires, émissions obligataires,… …
13pari passu — Latin: with equal step Ranking equally. When a new issue of shares is said to rank pari passu with existing shares, the new shares carry the same dividend rights and winding up rights as the existing shares. A pari passu loan is one in which the… …
14pari passu — 1. adjective at an equal rate 2. adverb at an equal rate While the gas price has been dropping, the currency has been inflating pari passu …
15pari passu — Occurs when securities with different characteristics (e.g. shares with different entitlements to dividend or voting rights) become identical in all respects (e.g. pari passu or assimilation). May be scheduled in advance (e.g. shares resulting… …
16pari passu — /ˌpæri pæsu:/ adverb a Latin phrase meaning ‘equally’ ● The new shares will rank pari passu with the existing ones …
17Pari-passu-Klausel — Die Pari passu Klausel (lat. pari passu = „im gleichen Schritt“; Gleichrangerklärung) ist eine Vereinbarung in internationalen Anleihebedingungen oder in Kreditverträgen, die auf den Gleichrang gegenwärtiger und künftiger unbesicherter… …
18pari passu clause — A covenant in a loan agreement in which a borrower promises to ensure that the loan in question will rank pari passu (equally) with its other defined debts …
19pari passu — adverb or adjective Etymology: Latin, with equal step Date: 1567 at an equal rate or pace …
20pari passu — /pah rddee pahs sooh/; Eng. /pair uy pas ooh, pair ee/, Latin. 1. with equal pace or progress; side by side. 2. without partiality; equably; fairly. * * * …
