Common use of Notes Subordinated to Senior Debt Clause in Contracts

Notes Subordinated to Senior Debt. 92 Section 12.02 Suspension of Payment When Senior Debt Is in Default..... 92 Section 12.03 Notes Subordinated to Prior Payment of All Senior Debt on Dissolution, Liquidation or Reorganization of the Issuer............................................ 94 Section 12.04 Payments May Be Made Prior to Dissolution................ 95 Section 12.05 Holders To Be Subrogated to Rights of Holders of Senior Debt.................................................. 95 Section 12.06 Obligations of the Issuer Unconditional.................. 95 Section 12.07 Notice to Trustee........................................ 96 Section 12.08 Reliance on Judicial Order or Certificate of Liquidating Agent................................................. 96 Section 12.09 Trustee's Relation to Senior Debt......................

Notes Subordinated to Senior Debt. 92 Section 12.02 Suspension 89 SECTION 10.02. No Payment on Notes in Certain Circumstances............................................... 89 SECTION 10.03. Payment Over of Payment When Senior Debt Is in Default..... 92 Section 12.03 Notes Subordinated to Prior Payment of All Senior Debt on Proceeds upon Dissolution, Liquidation or Reorganization of the Issuer............................................ 94 Section 12.04 Etc............................................. 90 SECTION 10.04. Payments May Be Made Paid Prior to Dissolution................ 95 Section 12.05 Holders To Be Subrogated to Rights of Holders of Senior Debt.................................................. 95 Section 12.06 91 SECTION 10.05. Subrogation................................................................................ 92 SECTION 10.06. Obligations of the Issuer Company Unconditional.................. 95 Section 12.07 ................................................... 92 SECTION 10.07. Notice to Trustee........................................ 96 Section 12.08 Trustee and Paying Agents........................................................ 92 SECTION 10.08. Reliance on Judicial Order or Certificate of Liquidating Agent................................................. 96 Section 12.09 ............................. 93 SECTION 10.09. Trustee's Relation to Senior Debt................................................................................ 93

Notes Subordinated to Senior Debt. 92 Section 12.02 Suspension 97 SECTION 10.02. No Payment on Notes in Certain Circumstances.................. 97 SECTION 10.03. Delay of Acceleration and Remedies............................ 99 SECTION 10.04. Payment When Senior Debt Is in Default..... 92 Section 12.03 Notes Subordinated to Prior Payment Over of All Senior Debt on Proceeds upon Dissolution, Liquidation or Reorganization of the Issuer............................................ 94 Section 12.04 Etc................100 SECTION 10.05. Payments May Be Made Paid Prior to Dissolution................ 95 Section 12.05 Holders To Be Subrogated to Rights of Holders of Senior Debt.................................................. 95 Section 12.06 .....................102 SECTION 10.06. Subrogation...................................................102 SECTION 10.07. Obligations of the Issuer Company Unconditional.................. 95 Section 12.07 ......................103 SECTION 10.08. Notice to Trustee........................................ 96 Section 12.08 .............................................103 SECTION 10.09. Reliance on Judicial Order or Certificate of Liquidating Agent................................................. 96 Section 12.09 .......................................................104 SECTION 10.10. Trustee's Relation to Senior Debt...................................................

Notes Subordinated to Senior Debt. 92 Section 12.02 Suspension 100 SECTION 10.02. No Payment on Notes in Certain Circumstances ........................................................101 SECTION 10.03. Payment Over of Payment When Senior Debt Is in Default..... 92 Section 12.03 Notes Subordinated to Prior Payment of All Senior Debt on Proceeds upon Dissolution, Liquidation or Reorganization of the Issuer............................................ 94 Section 12.04 Etc. ....................................................102 SECTION 10.04. Payments May Be Made Paid Prior to Dissolution................ 95 Section 12.05 Holders To Be Subrogated to Rights of Holders of Senior Debt.................................................. 95 Section 12.06 ............................................................104 SECTION 10.05. Subrogation..........................................................................................105 SECTION 10.06. Obligations of the Issuer Company Unconditional.................. 95 Section 12.07 .............................................................105 SECTION 10.07. Notice to Trustee........................................ 96 Section 12.08 ....................................................................................105 SECTION 10.08. Reliance on Judicial Order or Certificate of Liquidating Agent................................................. 96 Section 12.09 .......................................106 SECTION 10.09. Trustee's Relation to Senior Debt..........................................................................................106 SECTION 10.10. Subordination Rights Not Impaired by Acts or Omissions of the Company or Holders of Senior Debt...

Notes Subordinated to Senior Debt. 92 Section 12.02 Suspension 98 SECTION 10.02. No Payment on Notes in Certain Circumstances.............................................. 98 SECTION 10.03. Payment Over of Payment When Senior Debt Is in Default..... 92 Section 12.03 Notes Subordinated to Prior Payment of All Senior Debt on Proceeds upon Dissolution, Liquidation or Reorganization of the Issuer............................................ 94 Section 12.04 Etc........................................... 100 SECTION 10.04. Payments May Be Made Paid Prior to Dissolution................ 95 Section 12.05 Holders To Be Subrogated to Rights of Holders of Senior Debt.................................................. 95 Section 12.06 ................................................ 101 SECTION 10.05. Subrogation................................................... 102 SECTION 10.06. Obligations of the Issuer Company Unconditional.................. 95 Section 12.07 .............................................. 103 SECTION 10.07. Notice to Trustee........................................ 96 Section 12.08 ............................................. 103 SECTION 10.08. Reliance on Judicial Order or Certificate of Liquidating Agent................................................. 96 Section 12.09 ........................... 104 SECTION 10.09. Trustee's Relation to Senior Debt................................................... 104 SECTION 10.10. Subordination Rights Not Impaired by Acts or Omissions of the Company or Holders of Senior Debt..................................... 105 SECTION 10.11. Noteholders Authorize Trustee To Effectuate Subordination of Notes.......................... 105 SECTION 10.12. This Article Ten Not To Prevent Events of Default.......................................... 106 SECTION 10.13. Trustee's Compensation Not Prejudiced................................................. 106 ARTICLE ELEVEN GUARANTEE