Common use of Distribution on Dissolution, Liquidation and Reorganization; Subrogation of Securities Clause in Contracts

Distribution on Dissolution, Liquidation and Reorganization; Subrogation of Securities. of the Original Indenture shall not apply to the Notes. For purposes of this Section 2.10, “Priority Indebtedness” shall mean all Senior Indebtedness, claims of the Company’s depositors, the Company’s obligations under banker’s acceptances and letters of credit, the Company’s obligations to any Federal Reserve Bank and any obligations to the Company’s other general or secured creditors.