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In situations where a ageless credit provides that the creditor has no to be just of repayment and bequeath be ranked pari passu with shareholders (with preferred shares), the creditor is treated effectively the anyway as a (preferred) shareholder in wrapper of liquidation or collapse of the debtor, the mandate states. Such a continual advance should be reclassified as disinterestedness because the repayment requirement is missing, the edict states.
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