Common use of Relative Seniority Clause in Contracts

Relative Seniority. In respect of rights to receive dividends and to participate in distributions or payments in the event of any Liquidation, dissolution or winding up of the Trust, the Series B Preferred Shares shall rank pari passu with any other preferred shares of beneficial interest of the Trust, including the Series A Preferred Shares, Series C Preferred Shares, Series D Preferred Shares, and Series E Preferred Shares. The Series B Preferred Shares will rank senior to the Common Shares and any other class or series of shares of beneficial interest of the Trust ranking, as to dividends and upon Liquidation, junior to the Preferred Shares (collectively, "Junior Shares").

Relative Seniority. In respect of rights to receive dividends distributions and to participate in distributions or payments in the event of any Liquidation, dissolution or winding up of the Trust, the Series B C Preferred Shares shall rank pari passu with any other preferred shares of beneficial interest of the Trust, including the Series A Preferred Shares, Series C B Preferred Shares, Series D Preferred Shares, and Series E Preferred Shares. The Series B C Preferred Shares will rank senior to the Common Shares and any other class or series of shares of beneficial interest of the Trust ranking, as to dividends distributions and upon Liquidation, junior to the Preferred Shares (collectively, the "Junior Shares")) to the Preferred Shares.