Common use of Default on Senior Indebtedness Clause in Contracts

Default on Senior Indebtedness. 91 SECTION 16.04 Prior Payment to Senior Indebtness Upon Acceleration of Securities............................... 91 SECTION 16.05 Payment Permitted if No Default.......................... 92 SECTION 16.06 Subrogation to Rights of Holders of Senior Indebtedness.. 92 SECTION 16.07 Provisions Solely to Define Relative Rights.............. 93 SECTION 16.08

Default on Senior Indebtedness. 91 SECTION 16.04 Prior Payment to Senior Indebtness Upon Acceleration of Securities............................... 91 SECTION 16.05 42 14.4. Payment Permitted if If No Default.......................... 92 SECTION 16.06 44 14.5. Subrogation to Rights of Holders of Senior Indebtedness.. 92 SECTION 16.07 44 14.6. Provisions Solely to Define Relative Rights.............. 93 SECTION 16.0844 14.7. Enforcement of Subordination By Holders of Senior Notes; No Waiver of Subordination Provisions.................... 45 14.8. Reliance on Judicial Order or Certificate of Liquidating Agent........................................ 46 14.9. Certain Conversions Deemed Payment....................... 46 14.10. Not to Prevent Events of Default......................... 46

Default on Senior Indebtedness. 91 64 SECTION 16.04 Prior Payment to Senior Indebtness Upon Acceleration of Securities............................... 91 SECTION 16.05 12.05 Payment Permitted if No Default.......................... 92 ....................................................... 65 SECTION 16.06 12.06 Subrogation to Rights of Holders of Senior Indebtedness.. 92 ............................... 66 SECTION 16.07 12.07 Provisions Solely to Define Relative Rights.............. 93 ........................................... 66 SECTION 16.0812.08

Default on Senior Indebtedness. 91 87 SECTION 16.04 Prior Payment to Senior Indebtness Upon Acceleration of Securities............................... 91 SECTION 16.05 11.5 Payment Permitted if No Default.......................... 92 .........................88 SECTION 16.06 11.6 Subrogation to Rights of Holders of Senior Indebtedness.. 92 ............................................88 SECTION 16.07 11.7 Provisions Solely to Define Relative Rights.............. 93 ..................................................89 SECTION 16.0811.8

Default on Senior Indebtedness. 91 SECTION 16.04 Prior Payment to Senior Indebtness Upon Acceleration of Securities............................... 91 SECTION 16.05 55 Section 11.05 Payment Permitted if No Default.......................... 92 SECTION 16.06 ....................................................................56 Section 11.06 Subrogation to Rights of Holders of Senior Indebtedness.. 92 SECTION 16.07 ............................................56 Section 11.07 Provisions Solely to Define Relative Rights.............. 93 SECTION 16.08........................................................57 Section 11.08

Default on Senior Indebtedness. 91 87 SECTION 16.04 Prior Payment to Senior Indebtness Upon Acceleration of Securities............................... 91 SECTION 16.05 11.5 Payment Permitted if No Default.......................... 92 .......................88 SECTION 16.06 11.6 Subrogation to Rights of Holders of Senior Indebtedness.. 92 ..........................................88 SECTION 16.07 11.7 Provisions Solely to Define Relative Rights.............. 93 ................................................89 SECTION 16.0811.8

Default on Senior Indebtedness. 91 64 SECTION 16.04 Prior Payment to Senior Indebtness Upon Acceleration of Securities............................... 91 SECTION 16.05 12.05 Payment Permitted if If No Default.......................... 92 ............................................. 65 SECTION 16.06 12.06 Subrogation to Rights of Holders of Senior Indebtedness.. 92 ..................... 65 SECTION 16.07 12.07 Provisions Solely to Define Relative Rights.............. 93 ................................. 66 SECTION 16.0812.08

Default on Senior Indebtedness. 91 54 SECTION 16.04 Prior Payment to Senior Indebtness Upon Acceleration of Securities............................... 91 SECTION 16.05 10.05 Payment Permitted if If No Default.......................... 92 ........................55 SECTION 16.06 10.06 Subrogation to Rights of Holders of Senior Indebtedness.. 92 ...........................................55 SECTION 16.07 10.07 Provisions Solely to Define Relative Rights.............. 93 ............55 SECTION 16.0810.08