Common use of Relative Rights Clause in Contracts

Relative Rights. 47 Section 10.10. Subordination May Not Be Impaired By Company.....................................48 Section 10.11. Distribution or Notice to Representative.........................................48 Section 10.12. Rights of Trustee and Paying Agent...............................................48 Section 10.13. Authorization to Effect Subordination............................................48

Relative Rights. 47 69 Section 10.1012.08. Subordination May Not Be Impaired By by Company.....................................48 ...............69 Section 10.11. Distribution or Notice to Representative.........................................48 Section 10.1212.09. Rights of Trustee and Paying Agent...............................................48 .........................69 Section 10.1312.10. Authorization Distribution or Notice to Effect Subordination............................................48Representative...................69 Section 12.11. Article XII Not to Prevent Defaults or Limit Right to Accelerate.................................................69 Section 12.12. Trust Moneys Not Subordinated..............................70 Section 12.13. Trustee Entitled to Rely...................................70 Section 12.14.

Relative Rights. 47 Section 10.1076 SECTION 12.08. Subordination May Not Be Impaired By Company.....................................48 Section 10.11. Distribution or Notice to Representative.........................................48 Section 10.12by a Subsidiary Guarantor......................... 77 SECTION 12.09. Rights of Trustee and Paying Agent...............................................48 Section 10.13.................................................. 77 SECTION 12.10. Authorization Distribution or Notice to Effect Subordination............................................48Representative............................................ 77

Relative Rights. 47 Section 10.10. 10.8 Subordination May Not Be Impaired By by Company.....................................48 .................................53 Section 10.11. Distribution or Notice to Representative.........................................48 Section 10.12. 10.9 Rights of Trustee and Paying Agent...............................................48 ...........................................53 Section 10.13. Authorization 10.10 Distribution or Notice to Effect Subordination............................................48Representative.....................................54

Relative Rights. 47 84 Section 10.10. 10.09 Subordination May Not Be Impaired By by the Company.....................................48 .........................84 Section 10.11. 10.10 Distribution or Notice to Representative.........................................48 .................................84 Section 10.12. 10.11 Rights of Trustee and Paying Agent...............................................48 .......................................84 Section 10.13. 10.12 Authorization to Effect Subordination............................................48....................................85

Relative Rights. 47 Section 10.1098 SECTION 12.08. Subordination May Not Be Impaired By Company.....................................48 Section 10.11. Distribution or Notice to Representativeby a Guarantor.........................................48 Section 10.1298 SECTION 12.09. Rights of Trustee and Paying Agent...............................................48 Section 10.13.......................................................98 SECTION 12.10. Authorization Distribution or Notice to Effect Subordination............................................48Representative.................................................99

Relative Rights. 47 Section 10.10. 65 10.8 Subordination May Not Be Impaired By by Company.....................................48 Section 10.11. Distribution or Notice to Representative.........................................48 Section 10.12. ...........................66 10.9 Rights of Trustee and Paying Agent.....................................66 10.10 Distribution or Notice to Representative...............................66 10.11 Trust Moneys Not Subordinated..........................................66 10.12 Trustee Entitled to Rely...............................................48 Section 10.13. Authorization to Effect Subordination............................................4866

Relative Rights. 47 Section 10.10. 53 SECTION 11.9 Subordination May Not Be Impaired By by Company.....................................48 Section 10.11. .............................................. 53 SECTION 11.10 Distribution or Notice to Representative.........................................48 Section 10.12. ................................................. 53 SECTION 11.11 Rights of Trustee and Paying Agent...............................................48 Section 10.13. Authorization to Effect Subordination............................................48....................................................... 54 SECTION 11.12

Relative Rights. 47 Section 10.10. Subordination May Not Be Impaired By Company.....................................48 Section 10.11. Distribution or Notice to Representative.........................................48 Section 10.12. Rights of Trustee and Paying Agent...............................................48 Section 10.13. Authorization to Effect Subordination............................................4849

Relative Rights. 47 Section 10.10SECTION 10.08. Subordination May Not Be Impaired By Company.....................................48 Section 10.11. Distribution or Notice to Representative.........................................48 Section 10.12by Either Issuer................................... 68 SECTION 10.09. Rights of Trustee and Paying Agent...............................................48 Section 10.13................................................... 68 SECTION 10.10. Authorization Distribution or Notice to Effect Subordination............................................48Representative............................................. 69

Relative Rights. 47 64 Section 10.10. Subordination May Not Be Impaired By Company.....................................48 ......................................... 64 Section 10.11. Distribution or Or Notice to To Representative.........................................48 ............................................. 65 Section 10.12. Rights of Of Trustee and And Paying Agent...............................................48 ................................................... 65 Section 10.13. Authorization to To Effect Subordination............................................48................................................ 65 Section 10.14. Amendments........................................................................... 66

Relative Rights. 47 Section 10.10. 64 SECTION 10.8 Subordination May Not Be Impaired By Company.....................................48 Section 10.11. Distribution or Notice to Representative.........................................48 Section 10.12. by Company ................ 64 SECTION 10.9 Rights of Trustee and Paying Agent...............................................48 Section 10.13. Authorization ........................... 64 SECTION 10.10 Distribution or Notice to Effect Subordination............................................48Representative .................... 65

Relative Rights. 47 Section 10.10. 69 10.09 Subordination May Not Be Impaired By by Company.....................................48 Section 10.11. .............................. 69 10.10 Distribution or Notice to Representative.........................................48 Section 10.12. .................................. 69 10.11 Rights of Trustee and Paying Agent...............................................48 Section 10.13. ........................................ 69 10.12 Authorization to Effect Subordination............................................48..................................... 70 10.13 Amendments................................................................ 70 ARTICLE 11

Relative Rights. 47 86 Section 10.10. 10.09 Subordination May Not Be Impaired By by the Company.....................................48 ...................87 Section 10.11. 10.10 Distribution or Notice to Representative.........................................48 ...........................87 Section 10.12. 10.11 Rights of Trustee and Paying Agent...............................................48 .................................87 Section 10.13. 10.12 Authorization to Effect Subordination............................................48..............................87 ARTICLE ELEVEN NOTE GUARANTEES

Relative Rights. 47 62 Section 10.10. 10.08 Subordination May Not Be Impaired By by Company.....................................48 ........................................ 63 Section 10.11. 10.09 Distribution or Notice to Representative.........................................48 Representatives........................................... 63 Section 10.12. 10.10 Rights of Trustee and Paying Agent...............................................48 .................................................. 63 Section 10.13. Authorization 10.11 Trustee Entitled to Effect Subordination............................................48Assume Payments Not Prohibited in Absence of Notice.............................................................................. 63 Section 10.12 Application by Trustee of Monies Deposited With It.................................. 63 Section 10.13 Trustee's Compensation Not Prejudiced............................................... 64 Section 10.14 Officers' Certificate............................................................... 64 Section 10.15

Relative Rights. 47 Section 10.10. Subordination May Not Be Impaired By Company...................................... ........... 48 Section 10.11. Distribution or Notice to Representative.......................................... ............... 48 Section 10.12. Rights of Trustee and Paying Agent................................................ ..................... 48 Section 10.13. Authorization to Effect Subordination............................................48. .................. 49

Relative Rights. 47 Section 88 SECTION 10.10. Subordination May Not Be Impaired By by Company.....................................48 Section ............88 SECTION 10.11. Distribution or Notice to Representative.........................................48 Section ................88 SECTION 10.12. Rights of Trustee and Paying Agent...............................................48 Section ......................88 SECTION 10.13. Authorization to Effect Subordination............................................48...................89 SECTION 10.14. Amendments..............................................89 ARTICLE 11

Relative Rights. 47 87 Section 10.1011.08. Subordination May Not Be be Impaired By by Company.....................................48 ................................................... 87 Section 10.11. Distribution or Notice to Representative.........................................48 Section 10.1211.09. Rights of Trustee and Paying Agent...............................................48 ............................................................. 88 Section 10.1311.10. Authorization Distribution or Notice to Effect Subordination............................................48Representative....................................................... 88 Section 11.11. Article 11 Not to Prevent Events of Default or Limit Right to Accelerate....................... 88 Section 11.12. Trust Moneys Not Subordinated.................................................................. 88 Section 11.13. Trustee Entitled to Rely....................................................................... 88 Section 11.14.

Relative Rights. 47 96 Section 10.10. 10.09 Subordination May Not Be Impaired By by Company.....................................48 ................96 Section 10.11. 10.10 Distribution or Notice to Representative.........................................48 ....................96 Section 10.12. 10.11 Rights of Trustee and Paying Agent...............................................48 ..........................97 Section 10.13. 10.12 Authorization to Effect Subordination............................................48.......................97 Section 10.13 Amendments..................................................97 Section 10.14 Effectiveness of Subordination of Note Guarantees...........97

Relative Rights. 47 62 Section 10.10. 10.08 Subordination May Not Be Impaired By by Company.....................................48 ...................... 63 Section 10.11. 10.09 Distribution or Notice to Representative.........................................48 Representatives......................... 63 Section 10.12. 10.10 Rights of Trustee and Paying Agent...............................................48 ................................ 63 Section 10.13. Authorization 10.11 Trustee Entitled to Effect Subordination............................................48Assume Payments Not Prohibited in Absence of Notice............................................................ 63 Section 10.12 Application by Trustee of Monies Deposited With It................ 63 Section 10.13 Trustee's Compensation Not Prejudiced............................. 64 Section 10.14 Officers' Certificate............................................. 64 Section 10.15

Relative Rights. 47 Section 10.10. 51 10.09 Subordination May Not Be Impaired By by Company.....................................48 Section 10.11. ......................51 10.10 Distribution or Notice to Representative.........................................48 Section 10.12. ..........................51 10.11 Rights of Trustee and Paying Agent...............................................48 Section 10.13. Authorization to Effect Subordination............................................48................................52 10.12

Relative Rights. 47 Section 10.10. 45 11.10 Subordination May Not Be Impaired By by Company.....................................48 Section 10.11. .............................................45 11.11 Distribution or Notice to Representative.........................................48 Section 10.12. .................................................45 11.12 Rights of Trustee and Paying Agent...............................................48 Section 10.13. Authorization to Effect Subordination............................................48.......................................................45 11.13

Relative Rights. 47 Section 10.10. SECTION 13.09 Subordination May Not Be Impaired By by the Company................................................ 48 Section 10.11. SECTION 13.10 Distribution or Notice to Representative............................................................ 48 Section 10.12. SECTION 13.11 Rights of Trustee and Any Paying Agent.................................................................... 48 Section 10.13. SECTION 13.12 Authorization to Effect Subordination............................................48...................... 48 ARTICLE XIV

Relative Rights. 47 82 Section 10.10. 10.09 Subordination May Not Be Impaired By by the Company.....................................48 .........................................82 Section 10.11. 10.10 Distribution or Notice to Representative.........................................48 .................................................82 Section 10.12. 10.11 Rights of Trustee and Paying Agent...............................................48 .......................................................83 Section 10.13. 10.12 Authorization to Effect Subordination............................................48....................................................83

Relative Rights. 47 71 Section 10.10. Subordination May Not Be Impaired By by Company.....................................48 .............. 72 Section 10.11. Distribution or Notice to Representative.........................................48 .................. 72 Section 10.12. Rights of Trustee and Paying Agent...............................................48 ........................ 73 Section 10.13. Authorization to Effect Subordination............................................48..................... 73 Section 10.14. Amendments................................................ 73

Relative Rights. 47 61 Section 10.10. 10.10 Subordination May Not Be Impaired By by Company.....................................48 ............62 Section 10.11. 10.11 Distribution or Notice to Representative.........................................48 ................63 Section 10.12. 10.12 Rights of Trustee and Paying Agent...............................................48 ......................63 Section 10.13. 10.13 Authorization to Effect Subordination............................................48...................63 Section 10.14 Payment.................................................64 Section 10.15 Defeasance of this Article 10...........................64 Section 10.16 No Claims Against Subsidiaries..........................64 Section 10.17 Amendments..............................................65 Section 10.18 Trustee Not Fiduciary for Holders of Senior Debt.....

Relative Rights. 47 42 Section 10.1011.8. Subordination May Not Be Impaired By by Company.....................................48 ................................ 42 Section 10.11. Distribution or Notice to Representative.........................................48 Section 10.1211.9. Rights of Trustee and Paying Agent...............................................48 .......................................... 42 Section 10.1311.10. Authorization Distribution or Notice to Effect Subordination............................................48Representative................................... 43 Section 11.11. Article XI Not to Prevent Events of Default or Limit Right to Accelerate... 43 Section 11.12. Trust Moneys Not Subordinated.............................................. 43 Section 11.13. Trustee Entitled to Rely................................................... 43 Section 11.14.

Relative Rights. 47 73 Section 10.10. 12.9 Subordination May Not Be Impaired By by Company.....................................48 ............... 73 Section 10.11. Distribution or Notice to Representative.........................................48 12.10 Distribution............................................... 73 Section 10.12. 12.11 Rights of Trustee and Paying Agent...............................................48 ......................... 73 Section 10.13. 12.12 Authorization to Effect Subordination............................................48...................... 74 Section 12.13 Certain Conversions or Exchanges Deemed Payment............ 74 SUBORDINATED INDENTURE, dated as of [_______________ ___, _____________] from ACTERNA CORPORATION, a Delaware corporation (the "Company"), to ____________, a _________________, as trustee (the "Trustee").

Relative Rights. 47 45 Section 10.10. 11.9 Subordination May Not Be Impaired By Company.....................................48 ................................ 45 Section 10.11. 11.10 Distribution or Notice to Representative.........................................48 .................................... 45 Section 10.12. 11.11 Rights of Trustee and Paying Agent...............................................48 .......................................... 46 Section 10.13. 11.12 Authorization to Effect Subordination............................................48....................................... 46 Section 11.13 Article Applicable to Paying Agents......................................... 46 Section 11.14 Senior Debt Entitled to Rely................................................ 46

Relative Rights. 47 76 Section 10.10. Subordination May Not Be be Impaired By by Company.....................................48 .................................................. 76 Section 10.11. Distribution or Notice to Representative.........................................48 ...................................................... 76 Section 10.12. Rights of Trustee and Paying Agent...............................................48 ............................................................ 77 Section 10.13. Authorization to Effect Subordination............................................48......................................................... 77 Section 10.14. Amendments.................................................................................... 77

Relative Rights. 47 Section 10.10. 77 SECTION 10.09 Subordination May Not Be be Impaired By by Company.....................................48 Section 10.11. ................ 78 SECTION 10.10 Distribution or Notice to Representative.........................................48 Section 10.12. .................... 78 SECTION 10.11 Rights of Trustee and Paying Agent...............................................48 Section 10.13. .......................... 78 SECTION 10.12 Authorization to Effect Subordination............................................48....................... 78

Relative Rights. 47 Section 10.1087 SECTION 10.08. Subordination May Not Be Impaired By Company.....................................48 Section 10.11. Distribution or Notice to Representative.........................................48 Section 10.12by Company ........................................................................................... 88 SECTION 10.09. Rights of Trustee and Paying Agent...............................................48 Section 10.13........................................................................ 88 SECTION 10.10. Authorization Distribution or Notice to Effect Subordination............................................48Representative .................................................................................... 88

Relative Rights. 47 68 Section 10.10. Subordination May Not Be Impaired By by Company.....................................48 ................. 69 Section 10.11. Distribution or Notice to Representative.........................................48 ..................... 69 Section 10.12. Rights of Trustee and Paying Agent...............................................48 ........................... 69 Section 10.13. Authorization to Effect Subordination............................................48........................ 69 Section 10.14. Amendments................................................... 70 ARTICLE 11 MISCELLANEOUS

Relative Rights. 47 82 Section 10.10. 10.09 Subordination May Not Be Impaired By by Company.....................................48 ........................................... 82 Section 10.11. 10.10 Distribution or Notice to Representative.........................................48 ............................................... 83 Section 10.12. 10.11 Rights of Trustee and Paying Agent...............................................48 ..................................................... 83 Section 10.13. 10.12 Authorization to Effect Subordination............................................48.................................................. 83 Section 10.13 Amendments............................................................................. 83

Relative Rights. 47 82 Section 10.10. 10.09 Subordination May Not Be Impaired By by Company.....................................48 ...........83 Section 10.11. 10.10 Distribution or Notice to Representative.........................................48 ...............83 Section 10.12. 10.11 Rights of Trustee and Paying Agent...............................................48 .....................83 Section 10.13. 10.12 Authorization to Effect Subordination............................................48..................83 Section 10.13 No Waiver of Subordination Provisions..................84 Section 10.14 Amendments.............................................84 Section 10.15 Trustee's Compensation Not Prejudiced..................84

Relative Rights. 47 Section 10.10. 69 10.09 Subordination May Not Be Impaired By by Company.....................................48 Section 10.11. ................................................ 69 10.10 Distribution or Notice to Representative.........................................48 Section 10.12. .................................................... 69 10.11 Rights of Trustee and Paying Agent...............................................48 Section 10.13. .......................................................... 69 10.12 Authorization to Effect Subordination............................................48....................................................... 70 10.13 Amendments.................................................................................. 70 ARTICLE 11

Relative Rights. 47 83 Section 10.10. 10.09 Subordination May Not Be Impaired By Company.....................................48 by Company .................................... 83 Section 10.11. 10.10 Distribution or Notice to Representative.........................................48 Representative ........................................ 83 Section 10.12. 10.11 Rights of Trustee and Paying Agent...............................................48 Agent .............................................. 83 Section 10.13. 10.12 Authorization to Effect Subordination............................................48Subordination ........................................... 84 Section 10.13 Amendments ...................................................................... 84

Relative Rights. 47 81 Section 10.10. Subordination May Not Be Impaired By by Company.....................................48 .............. 81 Section 10.11. Distribution or Notice to Representative.........................................48 .................. 82 Section 10.12. Rights of Senior Subordinated Note Trustee and Paying Agent...............................................48 ..................................................... 82 Section 10.13. Authorization to Effect Subordination............................................48..................... 82 Section 10.14. Amendments................................................ 82

Relative Rights. 47 89 Section 10.1011.10. Subordination May Not Be Impaired By by Company.....................................48 .................90 Section 10.1111.11. Distribution or Notice to Representative.........................................48 .....................90 Section 10.1211.12. Rights of Trustee and Paying Agent...............................................48 ...........................90 Section 10.1311.13. Authorization to Effect Subordination............................................48Trustee Not Charged with Knowledge of Prohibition............90

Relative Rights. 47 35 Section 10.105.09. Subordination May Not Be Impaired By by Company.....................................48 ...................................................35 Section 10.115.10. Distribution or Notice to Representative.........................................48 .......................................................35 Section 10.125.11. Rights of Trustee and Paying Agent...............................................48 .............................................................35 Section 10.135.12. Authorization to Effect Subordination............................................48..........................................................36 Section 5.13. Payments of Notes Permitted....................................................................36 Section 5.14. Trustee Not Fiduciary for Holders of Senior Indebtedness.......................................36 ARTICLE 6. COVENANTS 37

Relative Rights. 47 81 Section 10.10. Subordination May Not Be Impaired By by Company.....................................48 ..............82 Section 10.11. Distribution or Notice to Representative.........................................48 ..................82 Section 10.12. Rights of Trustee and Paying Agent...............................................48 ........................82 Section 10.13. Authorization to Effect Subordination............................................48.....................83 Section 10.14. Amendments................................................83

Relative Rights. 47 Section 10.10. 66 SECTION 11.08 Subordination May Not Be Impaired By by the Company.....................................48 Section 10.11. .......................................66 SECTION 11.09 Distribution or Notice to Representative.........................................48 Section 10.12. ...............................................67 SECTION 11.10 Rights of Trustee and Paying Agent...............................................48 Section 10.13. Authorization to Effect Subordination............................................48.....................................................67

Relative Rights. 47 Section 10.10. 65 10.8 Subordination May Not Be Impaired By by Company.....................................48 Section 10.11. Distribution or Notice to Representative.........................................48 Section 10.12. .................................................. 66 -iii- TABLE OF CONTENTS (continued) PAGE 10.9 Rights of Trustee and Paying Agent...............................................48 Section 10.13. Authorization ............................................................ 66 10.10 Distribution or Notice to Effect Subordination............................................48Representative...................................................... 66 10.11 Trust Moneys Not Subordinated................................................................. 66 10.12 Trustee Entitled to Rely...................................................................... 66

Relative Rights. 47 Section 10.1082 SECTION 10.08. Subordination May Not Be Impaired By Company.....................................48 Section 10.11. Distribution or Notice to Representative.........................................48 Section 10.12by Company ................. 83 SECTION 10.09. Rights of Trustee and Paying Agent...............................................48 Section 10.13Agent ...................... 83 SECTION 10.10. Authorization Distribution or Notice to Effect Subordination............................................48Representative .............

Relative Rights. 47 77 Section 10.1010.8. Subordination May Not Be Impaired By by Company.....................................48 ...................................................... 77 Section 10.11. Distribution or Notice to Representative.........................................48 Section 10.1210.9. Rights of Trustee and Paying Agent...............................................48 ................................................................ 77 Section 10.1310.10. Authorization Distribution or Notice to Effect Subordination............................................48Representative.......................................................... 78

Relative Rights. 47 37 Section 10.10. 7.08 Subordination May Not Be Impaired By by Company.....................................48 .............37 Section 10.11. Distribution or Notice to Representative.........................................48 Section 10.12. 7.09 Rights of Trustee and Paying Agent...............................................48 .......................37 Section 10.13. Authorization 7.10 Distribution or Notice to Effect Subordination............................................48Representative.................37

Relative Rights. 47 76 Section 10.1012.09. Subordination May Not Be Impaired By Company.....................................48 by the Company .................. 76 Section 10.1112.10. Distribution or Notice to Representative.........................................48 Representative .......................... 76 Section 10.1212.11. Rights of Trustee and Paying Agent...............................................48 Agent ................................ 76 Section 10.1312.12. Authorization to Effect Subordination............................................48Subordination ............................. 77 Section 12.13. Trust Moneys Not Subordinated ..................................... 77

Relative Rights. 47 58 Section 10.10. Subordination 10.08 The Company and Holders May Not Be Impaired By Company.....................................48 Impair Subordination.............................................. 59 Section 10.11. 10.09 Distribution or Notice to Representative.........................................48 .......................................................... 59 Section 10.12. 10.10 Rights of Trustee and Paying Agent...............................................48 ................................................................ 59 Section 10.13. 10.11 Authorization to Effect Subordination............................................48............................................................. 60 Section 10.12 Payment........................................................................................... 60 ARTICLE XI

Relative Rights. 47 Section 10.1062 SECTION 10.08. Subordination May Not Be Impaired By by Company.....................................48 Section 10.11. Distribution or Notice to Representative.........................................48 Section 10.12..................62 SECTION 10.09. Rights of Trustee and Paying Agent...............................................48 Section 10.13............................63 SECTION 10.10. Authorization Distribution or Notice to Effect Subordination............................................48Representative......................63

Relative Rights. 47 Section 10.1082 SECTION 10.08. Subordination May Not Be Impaired By Company.....................................48 Section 10.11. Distribution or Notice to Representative.........................................48 Section 10.12by Company ............... 83 SECTION 10.09. Rights of Trustee and Paying Agent...............................................48 Section 10.13Agent ......................... 83 SECTION 10.10. Authorization Distribution or Notice to Effect Subordination............................................48Representative ...................

Relative Rights. 47 81 Section 10.10. 10.08 Subordination May Not Be Impaired By by Company.....................................48 .................................81 Section 10.11. Distribution or Notice to Representative.........................................48 Section 10.12. 10.09 Rights of Trustee and Paying Agent...............................................48 ...........................................81 Section 10.13. Authorization 10.10 Distribution or Notice to Effect Subordination............................................48Representative.....................................82

Relative Rights. 47 56 Section 10.10. 10.10 Subordination May Not Be Impaired By by Company.....................................48 ............ 56 Section 10.11. 10.11 Distribution or Notice to Representative.........................................48 ................ 56 Section 10.12. 10.12 Rights of Subordinated Debenture Trustee and Paying Agent...............................................48 Agent .......................................... 56 Section 10.13. 10.13 Authorization to Effect Subordination............................................48................... 57

Relative Rights. 47 75 Section 10.10. 10.10 Subordination May Not Be Impaired By by Company.....................................48 ...............................................76 Section 10.11. 10.11 Distribution or Notice to or by Representative.........................................48 .............................................76 Section 10.12. 10.12 Rights of Trustee and Paying Agent...............................................48 .........................................................76 Section 10.13. 10.13 Authorization to Effect Subordination............................................48......................................................76 Section 10.14 Amendments.................................................................................77 Section 10.15 Trustee Not Fiduciary for Holders of Senior Debt...........................................77

Relative Rights. 47 Section 10.10. 74 SECTION 10.8 Subordination May Not Be Impaired By by Company.....................................48 Section 10.11. Distribution or Notice to Representative.........................................48 Section 10.12. .................74 SECTION 10.9 Rights of Trustee and Paying Agent...............................................48 Section 10.13. Authorization ...........................74 SECTION 10.10 Distribution or Notice to Effect Subordination............................................48Representative.....................75

Relative Rights. 47 69 Section 10.1012.08. Subordination May Not Be Impaired By by Company.....................................48 ...................................................69 Section 10.11. Distribution or Notice to Representative.........................................48 Section 10.1212.09. Rights of Trustee and Paying Agent...............................................48 .............................................................69 Section 10.1312.10. Authorization Distribution or Notice to Effect Subordination............................................48Representative.......................................................69 Section 12.11. Article XII Not to Prevent Defaults or Limit Right to Accelerate...............................69 Section 12.12. Trust Moneys Not Subordinated..................................................................70 Section 12.13. Trustee Entitled to Rely.......................................................................70 Section 12.14.

Relative Rights. 47 Section 10.10. 65 SECTION 10.09 Subordination May Not Be Impaired By by the Company.....................................48 Section 10.11. ................... 66 SECTION 10.10 Distribution or of Notice to Representative.........................................48 Section 10.12. ........................... 66 SECTION 10.11 Rights of Trustee and Paying Agent...............................................48 Section ................................. 66 SECTION 10.12 Consent of Holders of Specified Senior Indebtedness................ 66 SECTION 10.13. Authorization to Effect Subordination............................................48

Relative Rights. 47 86 Section 10.10. 10.09 Subordination May Not Be Impaired By by Company.....................................48 ............................................... 86 Section 10.11. 10.10 Distribution or Notice to Representative.........................................48 ................................................... 86 Section 10.12. 10.11 Rights of Trustee and Paying Agent...............................................48 ......................................................... 87 Section 10.13. 10.12 Authorization to Effect Subordination............................................48...................................................... 87 Section 10.13 Amendments................................................................................. 87

Relative Rights. 47 51 Section 10.10. Subordination May Not Be Impaired By Company.....................................48 51 Section 10.11. Distribution or Notice to Representative.........................................48 51 Section 10.12. Rights of Trustee and Paying Agent...............................................48 52 Section 10.13. Authorization to Effect Subordination............................................4852

Relative Rights. 47 82 Section 10.10. 10.09 Subordination May Not Be Impaired By by Company.....................................48 ........................... 83 Section 10.11. 10.10 Distribution or Notice to Representative.........................................48 ............................... 83 Section 10.12. 10.11 Rights of Trustee and Paying Agent...............................................48 ..................................... 83 Section 10.13. 10.12 Authorization to Effect Subordination............................................48.................................. 83 Section 10.13 Amendments............................................................. 84

Relative Rights. 47 120 Section 10.10. 11.10 Subordination May Not Be Impaired By Company.....................................48 The Guarantors.......................... 121 Section 10.11. 11.11 Distribution or Or Notice to To Representative.........................................48 ..................................... 122 Section 10.12. 11.12 Rights of Of Trustee and And Paying Agent...............................................48 ........................................... 122 Section 10.13. 11.13 Article XI Not To Prevent Events of Default Under A Note Guarantee or Limit Right to Demand Payment................................................ 123 Section 11.14 Authorization to To Effect Subordination............................................48........................................ 123 Section 11.15 Article Applicable to Paying Agents.......................................... 123

Relative Rights. 47 68 Section 10.1010.09. Subordination May Not Be Impaired By by the Company.....................................48 ......... 69 Section 10.1110.10. Distribution or Notice to Representative.........................................48 ................. 69 Section 10.1210.11. Rights of Trustee and Paying Agent...............................................48 ....................... 70 Section 10.1310.12. Authorization to Effect Subordination............................................48.................... 70 Section 10.13. Amendments............................................... 70

Relative Rights. 47 66 Section 10.10. 11.10 Subordination May Not Be Impaired By The Company.....................................48 ...........66 Section 10.11. 11.11 Distribution or Or Notice to To Representative.........................................48 ...................66 Section 10.12. 11.12 Rights of Of Trustee and And Paying Agent...............................................48 Section 10.13. Authorization to Effect Subordination............................................48.........................67 ARTICLE XII TAX TREATMENT

Relative Rights. 47 64 Section 10.10. 15.9 Subordination May Not Be Impaired By by Company.....................................48 ..............64 Section 10.11. 15.10 Distribution or Notice to Representative.........................................48 ..................65 Section 10.12. 15.11 Rights of Trustee and Paying Agent...............................................48 ........................65 Section 10.13. 15.12 Authorization to Effect Subordination............................................48.....................66 Section 15.13 Conversions Not Deemed Payment............................66 Section 15.14 Amendments................................................66 ARTICLE XVI

Relative Rights. 47 Section 10.1059 SECTION 10.08. Subordination May Not Be Impaired By by Company.....................................48 Section 10.11. Distribution or Notice to Representative.........................................48 Section 10.12.................... 59 SECTION 10.09. Rights of Trustee and Paying Agent...............................................48 Section 10.13.............................. 59 SECTION 10.10. Authorization Distribution or Notice to Effect Subordination............................................48Representative........................ 59

Relative Rights. 47 74 Section 10.10. 10.10 Subordination May Not Be Impaired By by Company.....................................48 ...............74 Section 10.11. 10.11 Distribution or Notice to or by Representative.........................................48 .............75 Section 10.12. 10.12 Rights of Trustee and Paying Agent...............................................48 .........................75 Section 10.13. 10.13 Authorization to Effect Subordination............................................48......................75 Section 10.14 Amendments.................................................75 Section 10.15 Trustee Not Fiduciary for Holders of Senior Debt...........75

Relative Rights. 47 71 Section 10.10. 10.09 Subordination May Not Be Impaired By by Company.....................................48 ...................72 Section 10.11. 10.10 Distribution or Notice to Representative.........................................48 .......................72 Section 10.12. 10.11 Rights of Trustee and Paying Agent...............................................48 .............................72 Section 10.13. 10.12 Authorization to Effect Subordination............................................48..........................72 Section 10.13 Amendments.....................................................72 Section 10.14 Reinstatement..................................................73 Section 10.15 No Waiver of Subordination Provisions..........................73

Relative Rights. 47 71 Section 10.10. 10.09 Subordination May Not Be Impaired By by Company.....................................48 ...............................................71 Section 10.11. 10.10 Distribution or Notice to Representative.........................................48 ...................................................71 Section 10.12. 10.11 Rights of Trustee and Paying Agent...............................................48 .........................................................72 Section 10.13. 10.12 Authorization to Effect Subordination............................................48......................................................72 Section 10.13 Amendments.................................................................................72

Relative Rights. 47 55 Section 10.10. 11.09 Subordination May Not Be Impaired By by Company.....................................48 ............... 56 Section 10.11. 11.10 Distribution or Notice to Representative.........................................48 ................... 56 Section 10.12. 11.11 Rights of Trustee and Paying Agent...............................................48 ......................... 56 Section 10.13. 11.12 Authorization to Effect Subordination............................................48...................... 56 Section 11.13 Article Applicable to Paying Agents........................ 57 Section 11.14 Senior Debt Entitled to Rely............................... 57 Section 11.15

Relative Rights. 47 Section 10.10. 61 10.09 Subordination May Not Be Impaired By by Company.....................................48 Section 10.11. .................................................. 61 10.10 Distribution or Notice to Representative.........................................48 Section 10.12. ...................................................... 62 10.11 Rights of Trustee and Paying Agent...............................................48 Section 10.13. Authorization to Effect Subordination............................................48............................................................ 62 10.12

Relative Rights. 47 82 Section 10.1011.08. Subordination May Not Be Impaired By by Company.....................................48 ..................83 Section 10.1111.09. Distribution or Notice to Representative.........................................48 ......................83 Section 10.1211.10. Rights of Trustee and Paying Agent...............................................48 ............................84 Section 10.1311.11. Authorization to Effect Subordination............................................48.........................84 Section 11.12. Amendments....................................................84 ARTICLE XII

Relative Rights. 47 Section 10.1010.09. Subordination May Not Be Impaired By Company.....................................48 by an Obligor................86 Section 10.1110.10. Distribution or Notice to Representative.........................................48 .......................86 Section 10.1210.11. Rights of Trustee and Paying Agent...............................................48 .............................86 Section 10.1310.12. Authorization to Effect Subordination............................................48..........................87 Section 10.13. Payment........................................................87 Section 10.14.

Relative Rights. 47 Section 10.10. Subordination May Not Be Impaired By Company...................................... ................48 Section 10.11. Distribution or Notice to Representative.......................................... ....................48 Section 10.12. Rights of Trustee and Paying Agent................................................ ..........................48 Section 10.13. Authorization to Effect Subordination............................................. .......................48

Relative Rights. 47 Section 10.10. 91 SECTION 10.09 Subordination May Not Be Impaired By Company.....................................48 Section 10.11. by the Issuer............................................ 91 SECTION 10.10 Distribution or Notice to Representative.........................................48 Section 10.12. ................................................... 91 SECTION 10.11 Rights of Trustee and Paying Agent...............................................48 Section 10.13. ......................................................... 91 SECTION 10.12 Authorization to To Effect Subordination............................................48...................................................... 92 ARTICLE 11.

Relative Rights. 47 Section 10.10. 53 SECTION 11.9 Subordination May Not Be Impaired By by Company.....................................48 Section 10.11. ..............................................53 SECTION 11.10 Distribution or Notice to Representative.........................................48 Section 10.12. ..................................................53 SECTION 11.11 Rights of Trustee and Paying Agent...............................................48 Section 10.13. ........................................................53 SECTION 11.12 Authorization to Effect Subordination............................................48.....................................................54 SECTION 11.13 Article Applicable to Paying Agents.......................................................54 SECTION 11.14 Senior Indebtedness Entitled to Rely......................................................54 SECTION 11.15

Relative Rights. 47 60 Section 10.10. Subordination May Not Be Impaired By by Company.....................................48 ................................... 60 Section 10.11. Distribution or Notice to Representative.........................................48 .. 60 Section 10.12. Rights of Trustee and Paying Agent...............................................48 Section 10.13. Authorization to Effect Subordination............................................48.

Relative Rights. 47 86 Section 10.10. 10.09 Subordination May Not Be Impaired By by Company.....................................48 .......................................... 86 Section 10.11. 10.10 Distribution or Notice to Representative.........................................48 .............................................. 86 Section 10.12. 10.11 Rights of Trustee and Paying Agent...............................................48 .................................................... 87 Section 10.13. 10.12 Authorization to Effect Subordination............................................48................................................. 87 Section 10.13 Amendments............................................................................ 87

Relative Rights. 47 Section 10.1099 SECTION 10.08. Subordination May Not Be Impaired By by Company.....................................48 Section 10.11. Distribution or Notice to Representative.........................................48 Section 10.12................................100 SECTION 10.09. Rights of Trustee and Paying Agent...............................................48 Section 10.13.......................................100 SECTION 10.10. Authorization Distribution or Notice to Effect Subordination............................................48Representative.....................................

Relative Rights. 47 Section 10.1069 SECTION 10.08. Subordination May Not Be Impaired By by Company.....................................48 Section 10.11. Distribution or Notice to Representative.........................................48 Section 10.12..............................................................69 SECTION 10.09. Rights of Trustee and Paying Agent...............................................48 Section 10.13........................................69 SECTION 10.10. Authorization Distribution or Notice to Effect Subordination............................................48Representative............................................................69

Relative Rights. 47 55 Section 10.10. 12.08 Subordination May Not Be Impaired By by Company.....................................48 ..................55 Section 10.11. Distribution or Notice to Representative.........................................48 Section 10.12. 12.09 Rights of Trustee and Paying Agent...............................................48 ............................55 Section 10.13. Authorization 12.10 Distribution or Notice to Effect Subordination............................................48Representative......................56 Section 12.11 Article XII Not to Prevent Defaults or Limit Right to Accelerate..................................................56 Section 12.12 Trust Moneys Not Subordinated.................................56 Section 12.13 Trustee Entitled to Rely......................................56 Section 12.14

Relative Rights. 47 Section 10.1072 SECTION 12.08. Subordination May Not Be Impaired By by Company.....................................48 Section 10.11. Distribution or Notice to Representative.........................................48 Section 10.12................... 72 SECTION 12.09. Rights of Trustee and Paying Agent...............................................48 Section 10.13............................. 72 SECTION 12.10. Authorization Distribution or Notice to Effect Subordination............................................48Representative.......................

Relative Rights. 47 82 Section 10.1010.09. Subordination May Not Be Impaired By by the Company.....................................48 ...............83 Section 10.1110.10. Distribution or Notice to Representative.........................................48 .......................84 Section 10.1210.11. Rights of Trustee and Paying Agent...............................................48 .............................84 Section 10.1310.12. Authorization to Effect Subordination............................................48..........................84

Relative Rights. 47 97 Section 10.10. 11.09 Subordination May Not Be Impaired By by Company.....................................48 ....... 97 Section 10.11. 11.10 Distribution or Notice to Representative.........................................48 ........... 98 Section 10.12. 11.11 Rights of Trustee and Paying Agent...............................................48 ................. 98 Section 10.13. 11.12 Authorization to Effect Subordination............................................48.............. 98 Section 11.14 Amendments......................................... 99

Relative Rights. 47 87 Section 10.10. 10.09 Subordination May Not Be Impaired By by the Company.....................................48 .........................88 Section 10.11. 10.10 Distribution or Notice to Representative.........................................48 .................................88 Section 10.12. 10.11 Rights of Trustee and Paying Agent...............................................48 .......................................88 Section 10.13. 10.12 Authorization to Effect Subordination............................................48....................................88 ARTICLE ELEVEN [INTENTIONALLY LEFT BLANK] ARTICLE TWELVE SATISFACTION AND DISCHARGE

Relative Rights. 47 81 Section 10.10. Subordination May Not Be Impaired By by Company.....................................48 ............... 82 Section 10.11. Distribution or Notice to Representative.........................................48 ................... 82 Section 10.12. Rights of Trustee and Paying Agent...............................................48 ......................... 83 Section 10.13. Authorization to Effect Subordination............................................48...................... 83 Section 10.14. Amendments................................................. 83 Section 10.15. Changes in Senior Debt..................................... 83

Relative Rights. 47 Section 10.10. 10.8 Subordination May Not Be Impaired By Company.....................................48 Impaired......................65 Section 10.11. Distribution or Notice to Representative.........................................48 Section 10.12. 10.9 Rights of Trustee and Paying Agent...............................................48 .....................65 Section 10.10 Distribution or Notice to Representative...............66 Section 10.11 Article 10 Not to Prevent Events of Default or Limit Right to Accelerate..............................66 Section 10.12 Trustee Entitled to Rely...............................66 Section 10.13. Authorization to Effect Subordination............................................48

Relative Rights. 47 67 Section 10.10. Subordination May Not Be Impaired By by Company.....................................48 ...............68 Section 10.11. Distribution or Notice to Representative.........................................48 ...................68 Section 10.12. Rights of Trustee and Paying Agent...............................................48 .........................68 Section 10.13. Authorization to Effect Subordination............................................48......................69 Section 10.14. No Waiver of Subordination Provisions......................69 Section 10.15. Amendments.................................................69 ARTICLE 11. MISCELLANEOUS...................................................69

Relative Rights. 47 Section 10.10. 79 SECTION 11.09 Subordination May Not Be Impaired By by the Company.....................................48 Section 10.11. ................................... 80 SECTION 11.10 Distribution or Notice to Representative.........................................48 Section 10.12. ........................................... 80 SECTION 11.11 Rights of Trustee and Paying Agent...............................................48 Section 10.13. Authorization to Effect Subordination............................................48................................................. 80 ARTICLE 12 SECURITY SECTION 12.01 Security........................................................................... 81

Relative Rights. 47 76 Section 10.10. 10.10 Subordination May Not Be Impaired By by Company.....................................48 ...............................................77 Section 10.11. 10.11 Distribution or Notice to or by Representative.........................................48 .............................................77 Section 10.12. 10.12 Rights of Trustee and Paying Agent...............................................48 .........................................................77 Section 10.13. 10.13 Authorization to Effect Subordination............................................48......................................................77 Section 10.14 Amendments.................................................................................77 Section 10.15 Trustee Not Fiduciary for Holders of Senior Debt...........................................78

Relative Rights. 47 52 Section 10.10. 10.8 Subordination May Not Be Impaired By by Company.....................................48 .................................52 Section 10.11. Distribution or Notice to Representative.........................................48 Section 10.12. 10.9 Rights of Trustee and Paying Agent...............................................48 ...........................................52 Section 10.13. Authorization 10.10 Distribution or Notice to Effect Subordination............................................48Representative.....................................52 Section 10.11 Article 10 Not to Prevent Events of Default or Limit Right to Accelerate....................................................53 Section 10.12 Trust Moneys Not Subordinated................................................53 Section 10.13 Trustee Entitled to Rely upon Any Payment or Distribution..............................................................53 Section 10.14

Relative Rights. 47 72 Section 10.10. 10.09 Subordination May Not Be Impaired By by Company.....................................48 .................................73 Section 10.11. 10.10 Distribution or Notice to Representative.........................................48 .....................................73 Section 10.12. 10.11 Rights of Trustee and Paying Agent...............................................48 ...........................................73 Section 10.13. 10.12 Authorization to Effect Subordination............................................48........................................73 Section 10.13 Amendments...................................................................74

Relative Rights. 47 Section 10.10. SECTION 10.10 Subordination May Not Be Impaired By by Company.....................................48 Section 10.11. .............................. 23 SECTION 10.11 Distribution or Notice to Representative.........................................48 Section 10.12. .................................. 23 SECTION 10.12 Rights of Trustee and Paying Agent...............................................48 Section 10.13. Authorization to Effect Subordination............................................48........................................ 23 ARTICLE ELEVEN MISCELLANEOUS

Relative Rights. 47 26 Section 10.105.09. Subordination May Not Be Impaired By by Company.....................................48 ...............................................26 Section 10.115.10. Distribution or Notice to Representative.........................................48 ...................................................26 Section 10.125.11. Rights of Trustee and Paying Agent...............................................48 .........................................................27 Section 10.135.12. Authorization to Effect Subordination............................................48......................................................27 Section 5.13. Amendments.................................................................................27 Section 5.14. Agreement to Subordinate Unaffected........................................................27 Section 5.15. Certain Conversions Deemed Payment.........................................................27

Relative Rights. 47 76 Section 10.10. 11.09 Subordination May Not Be Impaired By The Company.....................................48 .......................... 76 Section 10.11. 11.10 Distribution or Or Notice to To Representative.........................................48 .................................. 76 Section 10.12. 11.11 Rights of Of Trustee and And Paying Agent...............................................48 Section 10.13. Authorization to Effect Subordination............................................48........................................ 77

Relative Rights. 47 Section 10.10. SECTION 6.09 Subordination May Not Be Impaired By by the Company.....................................48 Section 10.11. ......................28 SECTION 6.10 Distribution or Notice to Representative.........................................48 Section 10.12. ..............................28 SECTION 6.11 Rights of Trustee and Paying Agent...............................................48 Section 10.13. ....................................29 SECTION 6.12 Authorization to Effect Subordination............................................48.................................29

Relative Rights. 47 Section 10.10. 10.10 Subordination May Not Be Impaired By by Company.....................................48 ....................97 Section 10.11. 10.11 Distribution or Notice to Representative.........................................48 ........................97 Section 10.12. 10.12 Rights of Trustee and Paying Agent...............................................48 ..............................97 Section 10.13. 10.13 Authorization to Effect Subordination............................................48...........................98 Section 10.14 Amendments......................................................98

Relative Rights. 47 Section 10.10. 53 SECTION 11.09 Subordination May Not Be Impaired By by Company.....................................48 Section 10.11. ..................54 SECTION 11.10 Distribution or Notice to Representative.........................................48 Section 10.12. ......................54 SECTION 11.11 Rights of Trustee and Paying Agent...............................................48 Section 10.13. Authorization to Effect Subordination............................................48............................54 SECTION 11.12

Relative Rights. 47 68 Section 10.1010.08. Subordination May Not Be Impaired By by Company.....................................48 ...................69 Section 10.11. Distribution or Notice to Representative.........................................48 Section 10.1210.09. Rights of Trustee and Paying Agent...............................................48 .............................69 Section 10.1310.10. Authorization Distribution or Notice to Effect Subordination............................................48Representative.......................69

Relative Rights. 47 87 Section 10.10. 10.09 Subordination May Not Be Impaired By Company.....................................48 by Company .................................... 88 Section 10.11. 10.10 Distribution or Notice to Representative.........................................48 Representative ........................................ 88 Section 10.12. 10.11 Rights of Trustee and Paying Agent...............................................48 Agent .............................................. 88 Section 10.13. 10.12 Authorization to Effect Subordination............................................48Subordination ........................................... 88

Relative Rights. 47 71 Section 10.1012.10. Subordination May Not Be Impaired By by the Company.....................................48 ............................................72 Section 10.1112.11. Distribution or Notice to Representative.........................................48 ....................................................72 Section 10.1212.12. Rights of Trustee and Paying Agent...............................................48 ..........................................................72 Section 10.1312.13. Authorization to Effect Subordination............................................48.......................................................72 Section 12.14. Amendments..................................................................................72 ARTICLE THIRTEEN

Relative Rights. 47 81 Section 10.10. 15.09 Subordination May Not Be Impaired By by Company.....................................48 ............................................ 81 Section 10.11. 15.10 Distribution or Notice to of Representative.........................................48 Section 10.12. Rights of Trustee and Paying Agent...............................................48 Section 10.13. Authorization to Effect Subordination............................................48................................................ 81