Common use of Default in Senior Indebtedness Clause in Contracts

Default in Senior Indebtedness. 51 SECTION 12.5 PAYMENT PERMITTED IF NO DEFAULT............................... 52 SECTION 12.6 SUBROGATION RIGHTS OF HOLDERS OF SENIOR INDEBTEDNESS.......... 52 SECTION 12.7 PROVISION SOLELY TO DEFINE RELATIVE RIGHTS.................... 52 SECTION 12.8

Default in Senior Indebtedness. 51 SECTION 12.5 PAYMENT PERMITTED IF NO DEFAULT............................... 52 SECTION 12.6 SUBROGATION RIGHTS OF HOLDERS OF SENIOR INDEBTEDNESS.......... . ........ 52 SECTION 12.7 PROVISION SOLELY TO DEFINE RELATIVE RIGHTS.................... . .................. 52 SECTION 12.8

Default in Senior Indebtedness. 51 63 SECTION 12.5 13.5. PAYMENT PERMITTED IF NO DEFAULT............................... 52 ................... 64 SECTION 12.6 13.6. SUBROGATION RIGHTS OF HOLDERS OF SENIOR INDEBTEDNESS.......... 52 SECTION 12.7 PROVISION SOLELY TO DEFINE RELATIVE RIGHTS.................... 52 SECTION 12.8...................................... 64

Default in Senior Indebtedness. 51 63 SECTION 12.5 13.5. PAYMENT PERMITTED IF NO DEFAULT............................... 52 ........................... 64 SECTION 12.6 13.6. SUBROGATION RIGHTS OF HOLDERS OF SENIOR INDEBTEDNESS.......... 52 SECTION 12.7 PROVISION SOLELY TO DEFINE RELATIVE RIGHTS.................... 52 SECTION 12.8...... 64