Common use of Priority of Payment Clause in Contracts

Priority of Payment. All payments to be made by the Guarantor hereunder shall be made to the Trustee for application in accordance with Section 6.7 of the Indenture.

Appears in 6 contracts

Sources: Subordinated Guarantee (Manulife Financial Corp), Subordinated Guarantee (Manulife Financial Corp), Subordinated Guarantee (Manulife Financial Corp)

Priority of Payment. All payments to be made by the Guarantor hereunder shall be made to the Trustee for application in accordance with Section 6.7 7.04 of the Indenture.

Appears in 1 contract

Sources: Subordinated Guarantee (Manulife Financial Corp)