Pari passu: Difference between revisions
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Latin term meaning ‘equal in all respects’ and would indicate, for example, that one class of obligation will have the same rights and privileges as another class of obligation. | Latin term meaning ‘equal in all respects’ and would indicate, for example, that one class of obligation will have the same rights and privileges as another class of obligation. | ||
== See also == | == See also == | ||
* [[Negative pledge]] | * [[Negative pledge]] | ||
* [[Pari passu clause]] | * [[Pari passu clause]] | ||
Revision as of 14:38, 25 January 2014
Latin term meaning ‘equal in all respects’ and would indicate, for example, that one class of obligation will have the same rights and privileges as another class of obligation.
