Common use of Provision Solely to Define Relative Rights Clause in Contracts

Provision Solely to Define Relative Rights. The provisions of this Article Fourteen are and are intended solely for the purpose of defining the relative rights of the Holders of the Securities of any series, on one hand, and the holders of Senior Indebtedness, on the other hand. Nothing contained in this Article Fourteen or elsewhere in this Indenture ---------------- or in the Securities of any series is intended to or shall: (1) impair, as between the Company and the Holders of the Securities of such series, the obligation of the Company, which is absolute and unconditional, to pay to the Holders of the Securities of such series the principal amount, interest or such other amounts as may be provided for in Section 3.01, if any, as the case may be, in respect of the Securities ------------ of such series as and when the same shall become due and payable in accordance with the terms of the Securities of such series and this Indenture and which, subject to the rights under this Article Fourteen of ---------------- the holders of Senior Indebtedness, is intended to rank equally with all other general obligations of the Company; or (2) affect the relative rights against the Company of the Holders of the Securities of such series and creditors of the Company other than holders of Senior Indebtedness; or (3) prevent the Trustee or the Holder of any Security of such series from exercising all remedies otherwise permitted by applicable law upon default or an Event of Default under this Indenture, subject to the rights, if any, under this Article Fourteen of the holders of Senior ---------------- Indebtedness to receive cash, property or securities otherwise payable or deliverable to the Trustee or such Holder.

Provision Solely to Define Relative Rights. The provisions of this Article Fourteen XIV are and are intended solely for the purpose of defining the relative rights of the Holders holders of the Securities Debentures of any series, on one hand, and the holders of Senior IndebtednessDebt, on the other hand. Nothing contained in this Article Fourteen XIV or elsewhere in this Indenture ---------------- or in the Securities Debentures of any series is intended to or shall: (1a) impair, as between the Company and the Holders holders of the Securities Debentures of such series, the obligation of the Company, which is absolute and unconditional, to pay to the Holders holders of the Securities Debentures of such series the principal amountof, interest or such other amounts premium on and any Additional Amounts, as may be provided for in Section 3.01, if any, as the case may be, this Indenture in respect of the Securities ------------ Debentures of such series as and when the same shall become due and payable in accordance with the terms of the Securities Debentures of such series and this Indenture and which, subject to the rights under this Article Fourteen XIV of ---------------- the holders of Senior IndebtednessDebt, is intended to rank equally with all other general obligations of the Company; or (2b) affect the relative rights against the Company of the Holders holders of the Securities Debentures of such series and creditors of the Company other than holders of Senior IndebtednessDebt; or (3c) prevent the Trustee or the Holder holder of any Security Debenture of such series from exercising all remedies otherwise permitted by applicable law upon default or an any Event of Default under this Indenture, subject to the rights, if any, under this Article Fourteen XIV of the holders of Senior ---------------- Indebtedness Debt to receive cash, property or securities otherwise payable or deliverable to the Trustee or such Holderholder.

Provision Solely to Define Relative Rights. The provisions of this Article Fourteen 10 are and are intended solely for the purpose of defining the relative rights of the Holders of the Securities of any series, Notes on the one hand, hand and the holders of Senior Indebtedness, Debt and Subordinated Indebtedness of the Company on the other hand. Nothing contained in this Article Fourteen 10 or elsewhere in this Indenture ---------------- or in the Securities of any series Notes is intended to or shall: shall (1a) impair, as between among the Company, its creditors other than holders of Senior Debt and Subordinated Indebtedness of the Company and the Holders of the Securities of such seriesNotes, the obligation of the Company, which is absolute and unconditional, to pay to the Holders of the Securities of such series the principal amount, interest or such other amounts as may be provided for in Section 3.01, if any, as the case may be, in respect of the Securities ------------ of such series as and when the same shall become due and payable in accordance with the terms of the Securities of such series and this Indenture unconditional (and which, subject to the rights under this Article Fourteen 10 of ---------------- the holders of Senior IndebtednessDebt and Subordinated Indebtedness of the Company, is intended to rank equally with all other general obligations of the Company), to pay to the Holders of the Notes the principal, premium, if any, interest and Additional Amounts on the Notes as and when the same shall become due and payable in accordance with their terms; or or (2b) affect the relative rights against the Company of the Holders of the Securities of such series Notes and creditors of the Company other than the holders of Senior IndebtednessDebt and Subordinated Indebtedness of the Company; or or (3c) prevent the Trustee or the Holder of any Security of such series Note from exercising all remedies otherwise permitted by applicable law upon default or an Event of Default under this Indenture, subject to the rights, if any, under this Article Fourteen 10 of the holders of Senior ---------------- Debt and Subordinated Indebtedness of the Company to receive cash, property or and securities otherwise payable or deliverable to the Trustee or such HolderHolder of the Notes.

Provision Solely to Define Relative Rights. The provisions of this Article Fourteen One are and are intended solely for the purpose of defining the relative rights of the Holders of the Securities of any series, on one hand, and the holders of Senior Indebtedness, on the other hand. Nothing contained in this Article Fourteen One or elsewhere in this Indenture ---------------- or in the Securities of any series is intended to or shall: (1a) impair, as between the Company and the Holders of the Securities of such series, the obligation of the Company, which is absolute and unconditional, to pay to the Holders of the Securities of such series the principal amount, interest or such other amounts amounts, if any, as may be provided for in Section 3.01, if anythis Indenture, as the case may be, in respect of the Securities ------------ of such series as and when the same shall become due and payable in accordance with the terms of the Securities of such series and this Indenture and which, subject to the rights under this Article Fourteen One of ---------------- the holders of Senior Indebtedness, is intended to rank equally with all other general obligations of the Company; or (2b) affect the relative rights against the Company of the Holders of the Securities of such series and creditors of the Company other than holders of Senior Indebtedness; or (3c) prevent the Trustee or the Holder of any Security of such series from exercising all remedies otherwise permitted by applicable law upon default or an Event of Default under this Indenture, subject to the rights, if any, under this Article Fourteen One of the holders of Senior ---------------- Indebtedness to receive cash, property or securities otherwise payable or deliverable to the Trustee or such Holder.