Despite the fact that the lender's statements in relation to repayment in the subordinated loan can be junior to those people of all unsubordinated statements and will rank no less than pari passu with all other unsecured and subordinated obligations, statements in respect to desire payments will rank no less than pari passu together with the statements of other unsubordinated borrowers, preserve those people favored by pertinent (individual bankruptcy, liquidation etcetera.) legislation. The desire fee can be set, using a stepup 5 ages ahead of maturity date. Covenants limit mergers and disposals by Ukreximbank and its subsidiaries, in the process as transactions between the financial institution and its affiliates.
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