Contractual Subordination. This Article 10 represents a bona fide agreement of contractual subordination pursuant to Section 510(b) of the United States Bankruptcy Code.
Contractual Subordination. This Article XI represents a bona fide agreement of contractual subordination pursuant to Section 510(b) of the Title 11, U.S. Code.
Contractual Subordination. 91 ARTICLE 11
Contractual Subordination. The Series B Preference Shares shall be subordinated in right of payment to all obligations of the Company’s subsidiaries, including all existing and future policyholders’ obligations of such subsidiaries.
Contractual Subordination. This Supplemental Indenture represents a bona fide agreement of contractual subordination pursuant to Section 510(b) of the United States Bankruptcy Code.
Contractual Subordination. This Article 11 represents a bona fide agreement of contractual subordination pursuant to Section 510(b) of the Title 11, U.S. Code.
Contractual Subordination. During the term of the Master Lease, despite the assignment and assumption of the Dynapac Lease as provided in Sections 2 and 3 above, the parties agree that JBSS hereby contractually assumes:
a. All rights of the landlord under the Dynapac Lease (including, without limitation, the right to collect and receive for its own account all rents and other sums due under said Dynapac Lease, to enforce all obligations of Dynapac under the Dynapac Lease, and to pursue all remedies available to the landlord thereunder in the event of a default by Dynapac); and
b. All obligations of the landlord under the Dynapac Lease (including, without limitation, all obligations existing prior to the purchase of the Property by the Partnerships).
Contractual Subordination. This Article 4 represents a bona fide agreement of contractual subordination pursuant to Section 510(b) of Title 11, U.S. Code and may not be amended, modified or restated without the express written consent of the Senior Agent.
Contractual Subordination. The Notes are junior subordinated unsecured obligations of the Company and will be contractually subordinated in right of payment to any existing and future liabilities of the Guarantor’s subsidiaries (other than the Company, PartnerRe Finance II Inc. and PartnerRe Ireland Finance DAC), including amounts owed to holders of reinsurance and insurance policies issued by its reinsurance and insurance company subsidiaries.
Contractual Subordination. 70 ARTICLE 11 MISCELLANEOUS...................................................70 SECTION 11.1. Trust Indenture Act Controls...............................70 SECTION 11.2. Notices....................................................71 SECTION 11.3. Communication by Holders with Other Holders................72 SECTION 11.4. Certificate and Opinion as to Conditions Precedent.........72 SECTION 11.5. Statements Required in Certificate or Opinion..............72 SECTION 11.6. When Securities Disregarded................................73 SECTION 11.7. Rules by Trustee, Paying Agent and Registrar...............73 SECTION 11.8. Legal Holidays.............................................73 SECTION 11.9. Governing Law..............................................73 SECTION 11.10. No Recourse Against Others.................................73 SECTION 11.11. Successors.................................................73 SECTION 11.12. Multiple Originals.........................................74 SECTION 11.13. Table of Contents; Headings................................74 SECTION 11.14. Severability Clause........................................74 EXHIBIT A...................................................................A-1 EXHIBIT B...................................................................B-1 EXHIBIT C...................................................................C-1 EXHIBIT D...................................................................D-1 EXHIBIT E...................................................................E-1
