Common use of Second Clause in Contracts

Second. To the payment of the amounts then due and unpaid upon the Securities of that series for principal, premium, if any, interest, if any, and additional amounts, if any, in respect of which or for the benefit of which such money has been collected, ratably, without preference or priority of any kind.

Second. To the payment of the amounts then due and unpaid upon the Securities of that series for principal, principal (and premium, if any, ) and interest, if any, and additional amounts, if any, in respect of which or for the benefit of which such money has been collected, ratably, without preference or priority of any kind., according to the amounts due and payable on such Securities for principal (and premium, if any) and interest, respectively; and

Second. To the payment of the amounts then due and unpaid upon the Securities of that series for principalprincipal of, and premium, if any, interest, if any, and additional amounts, if any, interest on the Securities of such series in respect of which or for the benefit of which such money has been collected, ratably, without preference or priority of any kind., according to the amounts due and payable on such Securities of such series for principal, and premium, if any, and interest, respectively; and

Second. To the payment of the amounts then due and unpaid upon the Securities or the Guarantees of that such series for principal, principal of (and premium, if any, ) and interest, if any, and additional amounts, if any, on such Securities in respect of which or for the benefit of which such money has been collected, ratably, without preference or priority of any kind., according to the amounts due and payable on such Securities for principal (and premium, if any) and interest, if any, respectively; and

Second. To the payment of the amounts then due and unpaid upon the Securities of that such series for principal, principal (and premium, if any, ) and interest, if any, and additional amounts, if any, in respect of which or for the benefit of which such money has been collected, ratably, without preference or priority of any kind, according to the amounts due and payable on such Securities for principal (and premium, if any) and interest, respectively; and Third: To the Company.

Second. To the payment of the amounts then due and unpaid upon the Securities of that series for principal, premium, if any, interest, if any, and additional amounts, if any, in respect of which or for the benefit of which such money has been collected, ratably, without preference or priority of any kind. Third: The balance, if any, to the Company.