Common use of Agreement of Subordination Clause in Contracts

Agreement of Subordination. The Company covenants and agrees, and each holder of Securities issued hereunder by its acceptance thereof likewise covenants and agrees, that all Securities shall be issued subject to the provisions of this Article X, and each Holder, whether upon original issue or upon registration of transfer, assignment or exchange thereof, accepts and agrees to be bound by such provisions. The payment of the principal of and interest on all Securities issued hereunder shall, to the extent and in the manner hereinafter set forth, be subordinated and subject in right of payment to the prior payment in full of all Senior Debt, whether outstanding at the date of this Indenture or thereafter incurred. No provision of this Article X shall prevent the occurrence of any default or Event of Default hereunder.

Agreement of Subordination. The Company Issuer covenants and agrees, and each holder of Securities issued hereunder by its his acceptance thereof likewise covenants and agrees, that all Securities shall be issued subject to the provisions of this Article X, 12; and each HolderSecurityholder, whether upon original issue or upon registration of transfer, transfer or assignment or exchange thereof, accepts and agrees to be bound by such provisions. The payment of the principal of of, premium, if any, and interest on all Securities issued hereunder shall, to the extent and in the manner hereinafter set forth, be subordinated and subject in right of payment to the prior payment in full of all Senior DebtIndebtedness, whether outstanding at the date of this Indenture or thereafter incurred. No provision of this Article X 12 shall prevent the occurrence of any default or Event of Default hereunder.

Agreement of Subordination. The Company covenants and agrees, and each holder of Securities Debentures issued hereunder by its his acceptance thereof likewise covenants and agrees, that all Securities Debentures shall be issued subject to the provisions of this Article X, IV; and each HolderPerson holding any Debenture, whether upon original issue or upon registration of transfer, transfer or assignment or exchange thereof, accepts and agrees to be bound by such provisions. The payment of the principal of of, premium, if any, and interest on all Securities Debentures issued hereunder shall, to the extent and in the manner hereinafter set forth, be subordinated and subject in right of payment to the prior payment in full of all Senior DebtIndebtedness, whether outstanding at the date of this Indenture or thereafter incurred. No provision of this Article X IV shall prevent the occurrence of any default or Event of Default hereunder.

Agreement of Subordination. The Company Issuer covenants and agrees, and each holder of Securities issued hereunder by its his acceptance thereof likewise covenants and agrees, that all Securities shall be issued subject to the provisions of this Article X, 12; and each HolderSecurityholder, whether upon original issue or upon registration of transfer, transfer or assignment or exchange thereof, accepts and agrees to be bound by such provisions. The payment of the principal of and interest on all Securities issued hereunder shall, to the extent and in the manner hereinafter set forth, be subordinated and subject in right of payment to the prior payment in full of all Senior DebtIndebtedness, whether outstanding at the date of this Indenture or thereafter incurred. No provision of this Article X 12 shall prevent the occurrence of any default or Event of Default hereunder.

Agreement of Subordination. The Company covenants and agrees, and each holder of Securities issued hereunder by its his acceptance thereof likewise covenants and agrees, that all Securities shall be issued subject to the provisions of this Article X, Fifteen; and each HolderPerson holding any Security, whether upon original issue or upon registration of transfer, transfer or assignment or exchange thereof, accepts and agrees to be bound by such provisions. The payment of the principal of of, premium, if any, and interest on all Securities issued hereunder shall, to the extent and in the manner hereinafter set forth, be subordinated and subject in right of payment to the prior payment in full of all Senior Debt, whether outstanding at the date of this Indenture or thereafter incurred. No provision of this Article X Fifteen shall prevent the occurrence of any default or Event of Default hereunder.

Agreement of Subordination. The Company covenants and -------------------------- agrees, and each holder of Securities issued hereunder by its his acceptance thereof likewise covenants and agrees, that all Securities shall be issued subject to the provisions of this Article X, 14; and each HolderSecurityholder, whether upon original issue or upon registration of transfer, transfer or assignment or exchange thereof, accepts and agrees to be bound by such provisions. The payment of the principal of of, premium, if any, and interest on all Securities issued hereunder shall, to the extent and in the manner hereinafter set forth, be subordinated and subject in right of payment to the prior payment in full of all Senior DebtIndebtedness, whether outstanding at the date of this Indenture or thereafter incurred. No provision of this Article X 14 shall prevent the occurrence of any default or Event of Default hereunder.