Common use of Default on Senior Indebtedness Clause in Contracts

Default on Senior Indebtedness. 50 SECTION 10.04 Acceleration of Payment of Securities................................................. 51 SECTION 10.05 When Distribution Must Be Paid Over................................................... 51 SECTION 10.06 Subrogation........................................................................... 51 SECTION 10.07

Default on Senior Indebtedness. 50 SECTION 10.04 67 Section 12.04. Acceleration of Payment of Debt Securities................................................. 51 SECTION 10.05 .................68 Section 12.05. When Distribution Must Be Paid Over................................................... 51 SECTION 10.06 ........................68 Section 12.06. Subrogation........................................................................... 51 SECTION 10.07................................................68 Section 12.07.

Default on Senior Indebtedness. 50 60 SECTION 10.04 10.04. Acceleration of Payment of Securities................................................. 51 ..........................................61 SECTION 10.05 10.05. When Distribution Must Be Paid Over................................................... 51 ............................................61 SECTION 10.06 10.06. Subrogation........................................................................... 51 ....................................................................61 SECTION 10.07. Relative Rights................................................................

Default on Senior Indebtedness. 50 SECTION 10.04 51 Section 9.04. Acceleration of Payment of Securities................................................. 51 SECTION 10.05 .................................................................52 Section 9.05. When Distribution Must Be Paid Over................................................... 51 SECTION 10.06 ........................................................52 Section 9.06. Notice by Issuers..........................................................................52 Section 9.07. Subrogation........................................................................... 51 SECTION 10.07................................................................................53 Section 9.08. Relative Rights..........................................................................

Default on Senior Indebtedness. 50 70 SECTION 10.04 10.04. Acceleration of Payment of Securities................................................. 51 Securities .................................... 72 SECTION 10.05 10.05. When Distribution Must Be Paid Over................................................... 51 Over ........................................... 72 SECTION 10.06 Subrogation........................................................................... 51 10.06. Subrogation ....................................... 72 SECTION 10.07. Relative Rights ................................... 72 SECTION 10.08. Subordination May Not Be Impaired by Company ..................................... 72 SECTION 10.09. Rights of Trustee and Paying Agent .......................................... 72 SECTION 10.10. Distribution or Notice to Representative ................................. 73

Default on Senior Indebtedness. 50 62 SECTION 10.04 10.4 Acceleration of Payment of Securities................................................. 51 Securities ....................... 63 SECTION 10.05 10.5 When Distribution Must Be Paid Over................................................... 51 Over ......................... 64 SECTION 10.06 Subrogation........................................................................... 51 10.6 Subrogation ................................................. 64 SECTION 10.0710.7

Default on Senior Indebtedness. 50 87 SECTION 10.04 10.04. Acceleration of Payment of Securities................................................. 51 Securities ....................... 88 SECTION 10.05 10.05. When Distribution Must Be Paid Over................................................... 51 Over ......................... 88 SECTION 10.06 Subrogation........................................................................... 51 10.06. Subrogation ................................................. 88 SECTION 10.07. Relative Rights ............................................. 88 SECTION 10.08. Subordination May Not Be Impaired by Company ................ 89 SECTION 10.09. Rights of Trustee and Paying Agent .......................... 89 SECTION 10.10. Distribution or Notice to Representative .................... 89

Default on Senior Indebtedness. 50 70 SECTION 10.04 12.04. Acceleration of Payment of Debt Securities................................................. 51 ..................... 71 SECTION 10.05 12.05. When Distribution Must Be Paid Over................................................... 51 ............................ 71 SECTION 10.06 12.06. Subrogation........................................................................... 51 .................................................... 71 SECTION 10.0712.07.

Default on Senior Indebtedness. 50 SECTION 10.04 86 Section 15.4 Acceleration of Payment of Securities................................................. 51 SECTION 10.05 ..............................87 Section 15.5 When Distribution Must Be Paid Over................................................... 51 SECTION 10.06 Subrogation........................................................................... 51 SECTION 10.07.....................87 Section 15.6

Default on Senior Indebtedness. 50 SECTION 10.04 12.04. Acceleration of Payment of Debt Securities................................................. 51 ....................................... SECTION 10.05 12.05. When Distribution Must Be Paid Over................................................... 51 ................ SECTION 10.06 12.06. Subrogation........................................................................... 51 ........................................ SECTION 10.0712.07.

Default on Senior Indebtedness. 50 88 SECTION 10.04 10.04. Acceleration of Payment of Securities................................................. 51 Securities ........................89 SECTION 10.05 10.05. When Distribution Must Be Paid Over................................................... 51 Over ..........................89 SECTION 10.06 Subrogation........................................................................... 51 10.06. Subrogation ..................................................89 SECTION 10.07. Relative Rights ..............................................90 SECTION 10.08. Subordination May Not Be Impaired by Company .................90 SECTION 10.09. Rights of Trustee and Paying Agent ...........................90 SECTION 10.10. Distribution or Notice to Representative .....................91

Default on Senior Indebtedness. 50 72 SECTION 10.04 10.4 Acceleration of Payment of Securities................................................. 51 ........................73 SECTION 10.05 10.5 When Distribution Must Be Paid Over................................................... 51 ..........................73 SECTION 10.06 10.6 Subrogation........................................................................... 51 ..................................................74 SECTION 10.0710.7

Default on Senior Indebtedness. 50 60 SECTION 10.04 12.04. Acceleration of Payment of Debt Securities................................................. 51 ...............................................61 SECTION 10.05 12.05. When Distribution Must Be Paid Over................................................... 51 ......................................................61 SECTION 10.06 12.06. Subrogation........................................................................... 51 ..............................................................................61 SECTION 10.0712.07. Relative Rights..........................................................................61 SECTION 12.08. Subordination May Not Be Impaired by Company.............................................62 SECTION 12.09. Rights of Trustee and Paying Agent.......................................................62 SECTION 12.10. Distribution or Notice to Representative.................................................

Default on Senior Indebtedness. 50 71 SECTION 10.04 11.04. Acceleration of Payment of Securities................................................. 51 ......................................... 73 SECTION 10.05 11.05. When Distribution Must Be Paid Over................................................... 51 ........................................... 73 SECTION 10.06 11.06. Subrogation........................................................................... 51 ................................................................... 73 SECTION 10.0711.07. Relative Rights............................................................... 74 SECTION 11.08. Subordination May Not Be Impaired............................................. 74 SECTION 11.09. Rights of Trustee and Paying Agent............................................ 74 SECTION 11.10. Distribution or Notice to Representative......................................

Default on Senior Indebtedness. 50 SECTION 10.04 98 Section 14.04 Acceleration of Payment of Securities................................................. 51 SECTION 10.05 Notes .........................99 Section 14.05 When a Distribution Must Be Paid Over................................................... 51 SECTION 10.06 Subrogation........................................................................... 51 SECTION 10.07Over ....................99 Section 14.06 Subrogation ..............................................99 Section 14.07

Default on Senior Indebtedness. 50 61 SECTION 10.04 10.04. Acceleration of Payment of Securities................................................. 51 .........................62 SECTION 10.05 10.05. When Distribution Must Be Paid Over................................................... 51 ...........................62 SECTION 10.06 10.06. Subrogation........................................................................... 51 ...................................................62 SECTION 10.07.

Default on Senior Indebtedness. 50 70 SECTION 10.04 10.04. Acceleration of Payment of Securities................................................. 51 ............................................ 71 SECTION 10.05 10.05. When Distribution Must Be Paid Over................................................... 51 ....................... 71 SECTION 10.06 10.06. Subrogation........................................................................... 51 ............................................... 71 SECTION 10.07. Relative Rights........................................... 72 SECTION 10.08. Subordination May Not Be Impaired by Company............................................... 72 SECTION 10.09. Rights of Trustee and Paying Agent ....................... 72 SECTION 10.10. Distribution or Notice to Representative........................................ 73

Default on Senior Indebtedness. 50 52 SECTION 10.04 Acceleration of Payment of Securities................................................. 51 ............................................ 53 SECTION 10.05 When Distribution Must Be Paid Over................................................... 51 .............................................. 53 SECTION 10.06 Subrogation........................................................................... 51 ...................................................................... 54 SECTION 10.07

Default on Senior Indebtedness. 50 SECTION 10.04 59 Section 13.04. Acceleration of Payment of Securities................................................. 51 SECTION 10.05 .......................................................... 60 Section 13.05. When Distribution Must Be Paid Over............................................................ 60 Section 13.06. Subrogation.................................................................................... 61 Section 13.07. Relative Rights................................................................................ 61 Section 13.08. Subordination May Not Be Impaired by Company................................................... 51 SECTION 10.06 Subrogation........................................................................... 51 SECTION 10.0761 Section 13.09. Rights of Trustee and Paying Agent............................................................. 61 Section 13.10. Distribution or Notice to Representative.......................................................

Default on Senior Indebtedness. 50 SECTION 10.04 67 Section 12.04. Acceleration of Payment of Debt Securities................................................. 51 SECTION 10.05 .....................................................68 Section 12.05. When Distribution Must Be Paid Over................................................... 51 SECTION 10.06 ............................................................68 Section 12.06. Subrogation........................................................................... 51 SECTION 10.07....................................................................................68 Section 12.07.

Default on Senior Indebtedness. 50 87 SECTION 10.04 10.04. Acceleration of Payment of Securities................................................. 51 ................... 88 SECTION 10.05 10.05. When Payment or Distribution Must Be Paid Over................................................... 51 ............................................. 88 SECTION 10.06 10.06. Subrogation........................................................................... 51 ............................................. 89 SECTION 10.07. Relative Rights......................................... 89 SECTION 10.08. Subordination May Not Be Impaired by Company............................................... 89 SECTION 10.09. Rights of Trustee and Paying Agent...................... 89 SECTION 10.10. Payment, Distribution or Notice to Representative........................................

Default on Senior Indebtedness. 50 SECTION 10.04 59 Section 13.04. Acceleration of Payment of Securities................................................. 51 SECTION 10.05 ............................................... 60 Section 13.05. When Distribution Must Be Paid Over................................................... 51 SECTION 10.06 ................................................. 60 Section 13.06. Subrogation........................................................................... 51 SECTION 10.07......................................................................... 61 Section 13.07. Relative Rights..................................................................... 61 Section 13.08. Subordination May Not Be Impaired by Company........................................ 61 Section 13.09. Rights of Trustee and Paying Agent.................................................. 61 Section 13.10. Distribution or Notice to Representative............................................

Default on Senior Indebtedness. 50 67 SECTION 10.04 10.04. Acceleration of Payment of Securities................................................. 51 ....................................... 68 SECTION 10.05 10.05. When Distribution Must Be Paid Over................................................... 51 ......................................... 68 SECTION 10.06 10.06. Subrogation........................................................................... 51 ................................................................. 69 SECTION 10.07. Relative Rights............................................................. 69 -ii- TABLE OF CONTENTS (Continued) -----------------

Default on Senior Indebtedness. 50 71 SECTION 10.04 11.04 Acceleration of Payment of Securities................................................. 51 .......................................72 SECTION 10.05 11.05 When Distribution Must Be Paid Over................................................... 51 .........................................72 SECTION 10.06 11.06 Subrogation........................................................................... 51 SECTION 10.07.................................................................72

Default on Senior Indebtedness. 50 26 SECTION 10.04 4.04. Acceleration of Payment of Securities................................................. 51 .............................................. 27 SECTION 10.05 4.05. When Distribution Must Be Paid Over................................................... 51 ................................................ 27 SECTION 10.06 4.06. Subrogation........................................................................... 51 ........................................................................ 27 SECTION 10.074.07. Relative Rights.................................................................... 27

Default on Senior Indebtedness. 50 SECTION 10.04 54 Section 12.04 Acceleration of Payment of Debt Securities................................................. 51 SECTION 10.05 ....................55 Section 12.05 When Distribution Must Be Paid Over................................................... 51 SECTION 10.06 ...........................55 Section 12.06 Subrogation........................................................................... 51 SECTION 10.07...................................................55 Section 12.07

Default on Senior Indebtedness. 50 77 SECTION 10.04 12.04. Acceleration of Payment of Debt Securities................................................. 51 .............................................. 78 SECTION 10.05 12.05. When Distribution Must Be Paid Over................................................... 51 ....................... 78 SECTION 10.06 12.06. Subrogation........................................................................... 51 ............................................... 78 SECTION 10.0712.07. Relative Rights........................................... 79

Default on Senior Indebtedness. 50 82 SECTION 10.04 10.04. Acceleration of Payment of Securities................................................. 51 Securities ..............................................84 SECTION 10.05 10.05. When Distribution Must Be Paid Over................................................... 51 Over ....................................................84 SECTION 10.06 Subrogation........................................................................... 51 10.06. Subrogation ................................................84 SECTION 10.07. Relative Rights ............................................84 SECTION 10.08. Subordination May Not Be Impaired by Company ..............................................85 SECTION 10.09. Rights of Trustee and Paying Agent ...................................................85 SECTION 10.10. Distribution or Notice to Representative ..........................................85

Default on Senior Indebtedness. 50 83 SECTION 10.04 10.04. Acceleration of Payment of Securities................................................. 51 .........................84 SECTION 10.05 10.05. When Distribution Must Be Paid Over................................................... 51 ...........................84 SECTION 10.06 10.06. Subrogation........................................................................... 51 ...................................................84 SECTION 10.07. Relative Rights...............................................85 SECTION 10.08. Subordination May Not Be Impaired by Company..................85 SECTION 10.09. Rights of Trustee and Paying Agent............................85 SECTION 10.10. Distribution or Notice to Representative......................

Default on Senior Indebtedness. 50 59 SECTION 10.04 12.04 Acceleration of Payment of the Securities................................................. 51 ..........................................59 SECTION 10.05 12.05 When Distribution Must Be Paid Over................................................... 51 ................................................59 SECTION 10.06 Subrogation........................................................................... 51 SECTION 10.0712.06

Default on Senior Indebtedness. 50 100 SECTION 10.04 11.04. Acceleration of Payment of Securities................................................. 51 Notes..............................101 SECTION 10.05 11.05. When Distribution Must Be Paid Over................................................... 51 ...........................101 SECTION 10.06 11.06. Subrogation........................................................................... 51 ...................................................101 SECTION 10.0711.07. Relative Rights...............................................102 SECTION 11.08. Subrogation May Not Be Impaird By The Company.....................................................102 SECTION 11.09. Rights of Trustee and Paying Agent............................102 SECTION 11.10. Distribution or Notice to Representative......................