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    <description>Pari passu is the principle that similarly situated creditors share equally and without precedence in distributions from the same fund, entitling them to proportionate, concurrent participation in asset marshalling so that no creditor has preferential priority over another.</description>
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      <description>Pari passu is the principle that similarly situated creditors share equally and without precedence in distributions from the same fund, entitling them to proportionate, concurrent participation in asset marshalling so that no creditor has preferential priority over another.</description>
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