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

Distribution on Dissolution, Liquidation and Reorganization; Subrogation of Securities. Upon any distribution of assets of the Issuer upon any dissolution, winding up, liquidation or reorganization, of the Issuer, whether voluntary or involuntary and whether in bankruptcy, insolvency, reorganization, receivership or other proceedings or upon an assignment for the benefit of creditors or any other marshalling of the assets and liabilities of the Issuer or otherwise (subject to the power of a court of competent jurisdiction to make other equitable provision reflecting the rights conferred by the Securities upon the Senior Indebtedness and the holders thereof with respect to the Securities and the Holder thereof by a plan of reorganization under applicable bankruptcy law):

Distribution on Dissolution, Liquidation and Reorganization; Subrogation of Securities. Upon any distribution of assets of the Issuer Company upon any dissolution, winding up, liquidation or reorganization, reorganization of the IssuerCompany, whether voluntary or involuntary and whether in bankruptcy, insolvency, reorganization, reorganization or receivership or other proceedings or upon an assignment for the benefit of creditors or any other marshalling of the assets and liabilities of the Issuer Company or otherwise (subject to the power of a court of competent jurisdiction to make other equitable provision reflecting the rights conferred by the Securities in this Indenture upon the Senior Indebtedness and the holders thereof with respect to the Securities and the Holder Holders thereof (and, upon the General Obligations and the creditors in respect thereof with respect to the Securities and the Holders thereof) by a lawful plan of reorganization under applicable bankruptcy law):),

Distribution on Dissolution, Liquidation and Reorganization; Subrogation of Securities. Upon any distribution of assets of the Issuer Company upon any dissolution, winding up, liquidation or reorganization, reorganization of the IssuerCompany, whether voluntary or involuntary and whether in bankruptcy, insolvency, reorganization, reorganization or receivership or other proceedings or upon an assignment for the benefit of creditors or any other marshalling of the assets and liabilities of the Issuer Company or otherwise (subject to the power of a court of competent jurisdiction to make other equitable provision reflecting the rights conferred by the Securities in this Indenture upon the Senior Indebtedness and the holders thereof with respect to the Securities and the Holder Holders thereof (and, upon the Designated Obligations and the creditors in respect thereof with respect to the Securities and the Holders thereof) by a lawful plan of reorganization under applicable bankruptcy law):);

Distribution on Dissolution, Liquidation and Reorganization; Subrogation of Securities. Upon any distribution of assets of the Issuer Company upon any dissolution, winding up, liquidation or reorganization, reorganization of the IssuerCompany, whether voluntary or involuntary and whether in bankruptcy, insolvency, reorganization, reorganization or receivership or other proceedings or upon an assignment for the benefit of creditors or any other marshalling of the assets and liabilities of the Issuer Company or otherwise (subject to the power of a court of competent jurisdiction to make other equitable provision reflecting the rights conferred by the Securities in this Indenture upon the Senior Indebtedness and the holders thereof with respect to the Securities and the Holder holders thereof by a lawful plan of reorganization under applicable bankruptcy law):): Table Of Contents

Distribution on Dissolution, Liquidation and Reorganization; Subrogation of Securities. Upon any distribution of assets of the Issuer Company upon any dissolution, winding up, liquidation or reorganization, reorganization of the IssuerCompany, whether voluntary or involuntary and whether in bankruptcy, insolvency, reorganization, reorganization or receivership or other proceedings or upon an assignment for the benefit of creditors or any other marshalling of the assets and liabilities of the Issuer Company or otherwise (subject to the power of a court of competent jurisdiction to make other equitable provision reflecting the rights conferred by the Securities in this Indenture upon the Senior Indebtedness and the holders thereof with respect to the Securities and the Holder Holders thereof (and, upon the General Obligations and the creditors in respect thereof with respect to the Securities and the Holders thereof) by a lawful plan of reorganization under applicable bankruptcy law):);

Distribution on Dissolution, Liquidation and Reorganization; Subrogation of Securities. Upon any distribution of assets of the Issuer Company upon any dissolution, winding up, liquidation or reorganization, reorganization of the IssuerCompany, whether voluntary or involuntary and whether in bankruptcy, insolvency, reorganization, reorganization or receivership or other proceedings or upon an assignment for the benefit of creditors or any other marshalling of the assets and liabilities of the Issuer Company or otherwise (subject to the power of a court of competent jurisdiction to make other equitable provision reflecting the rights conferred by the Securities in this Indenture upon the Senior Indebtedness and the holders thereof with respect to the Securities and the Holder Holders thereof (and, upon the General Obligations and the creditors in respect thereof with respect to the Securities and the Holders thereof) by a lawful plan of reorganization under applicable bankruptcy law):