Article 342. Ratio of prior and subsequent bonds (overlapping)

1. In cases where the property held on bail is subject to another pledge for other claims (subsequent bond), the claims of the subsequent pledge holder shall be satisfied the value of the property after the prior bond holders have claimed it may be changed: the agreement between the bond holders; the agreement between one, more or more of them. In any event, the agreements in question do not affect the rights of third parties to the said agreements. If the prior bond contract provides for the conditions under which a subsequent bond contract may be concluded, the bond must be concluded with the consent of the parties. 3. In the event of a breach of the said conditions, the prior pledge holder is entitled to claim compensation from the pledgeor for the damage caused. The debtor shall have custody of all existing security of property provided for in article 339 (1) of the present Code and shall be liable for damages caused to subsequent bailiffs. 4. The pledge holder who entered into a subsequent pledge contract shall immediately d 5. In the event of a subsequent request for information on the subsequent pledge provided for in article 339 (1) of the present Code, the depositors must be notified of the deposit on the previous pledge. the bond contract was concluded in violation of the terms of the prior bond, which the pledge holder knew or ought to have known of, his requirements for the room. 6. The modification of the prior bond after the conclusion of the subsequent pledge contract shall be subject to the terms of the prior pledge. concluded in accordance with the conditions laid down for it by the prior contract, or such conditions were not provided for by the prior treaty, without prejudice to the right of subsequent payment The holder of the lien, provided that such a change would lead to a deterioration of the security of his claim and was made without the consent of the subsequent pledge holder.