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What is the difference between first pari passu charge and second pari passu charge?
In law, the difference between the first pari passu charge and second pari passu charge is the that the first charge means it is a simultaneous charge in favor of more than one person or lender and equal in all respects. The second charge would is subordinate to the first and is in favor of the previous person or lender.
What else can I help you with?
What do you do to find the difference between two numbers?
Difference between two numbers is found by subtracting the first from the second. Start with 5 apples, End with 7 apples. The difference is 2 apples.
What is the difference between unsecured and secured subordinated notes?
The first one is unsecured, the second one secured.
What is the difference between risk and uncertainty?
First of all that is improper grammar. Second, uncertainty is not knowing or being sure of something. Risk is either a cool board game or doing something dangerous. doing something dangerous is taking a risk.
What is the difference between a first lien and second lien mortgage underwriting process?
A second lien mortgage occurs when a lender is willing to impose a lien on an asset that already carries a lien with another creditor. An example of a second lien mortgage is a second mortgage being taking out for property. If a person does not make payments to either lender, the first mortgage is settled before the second mortgage can be settled,
What is the difference between redemption value and refund value?
The diference is in the nature it is turned back in for credit or cash. Was it done by the purchaser (refund) or the person the gift was given to (redeemer). It boils down to the first or second party.
Difference between first and second shifting theorem?
Difference between first shifting and second shifting theorem
What is the diffrenece between first and second class proteins?
what is the difference between first and second class proteins
What is the difference between a first chair and second chair clarinetist?
In my opinion, the first chair clarinetist is usually the section leader. The can be in charge of sectionals but also tuning the band. There is usually no difference between the first and second chair clarinetist except for playing ability. That is unless they are playing a different part. If the 2nd chair clarinet is playing a different part...there is your difference.
What is the difference between Elizabeth the first and second?
1
What is the difference between the first and second red scare?
nothing
Difference between Mendel's first and second laws?
they both have fun!
What is difference between receiver and transmitter?
second onetransmits,first onereceives.
What is the difference between the first clique book and the clique second edition?
The first one Claire isn't their friend in the second she is
What is the difference between first and second alto?
A second alto has a wider range in the lower register than a first alto has.
Is there a difference between meters per second and meters?
Yes. The first is a speed (or velocity), the second is a distance.
What is the difference between 8.4 and 6.3?
To find the difference between two numbers, just subtract the second from the first.8.4-6.3=2.1
What is the difference between two numbers?
The difference between two numbers is the second number subtracted from the first number.For example:The difference between 15 and 6 is 915-6=9
