Common use of Section 12 Clause in Contracts

Section 12. 2. No Payment When Senior Debt of the Company in Default; Payment Over of Proceeds Upon Dissolution, Etc............61 SECTION 12.3. Payment Permitted If No Default.............................62 SECTION 12.4. Subrogation to Rights of Holders of Senior Debt of the Company...............................................62 SECTION 12.5. Provisions Solely to Define Relative Rights.................63 SECTION 12.6.

Section 12. 2. No Payment When Senior Debt of the Company in Default; Payment Over of Proceeds Upon Dissolution, Etc............61 SECTION . .............................................. 60 Section 12.3. Payment Permitted If No Default.............................Default ..................................... 62 SECTION Section 12.4. Subrogation to Rights of Holders of Senior Debt of the Company.................................................................... 62 SECTION Section 12.5. Provisions Solely to Define Relative Rights.................Rights ......................... 63 SECTION Section 12.6.

Section 12. 2. No Payment When Senior Debt of the Company in Default; Payment Over of Proceeds Upon Dissolution, Etc............61 SECTION .......................... 59 Section 12.3. Payment Permitted If No Default.............................62 SECTION ......................... 60 Section 12.4. Subrogation to Rights of Holders of Senior Debt of the Company...............................................62 SECTION Debt......... 61 Section 12.5. Provisions Solely to Define Relative Rights.................63 SECTION ............. 61 Section 12.6.

Section 12. 2. No Payment When Senior Debt of the Company in Default; Payment Over of Proceeds Upon Dissolution, Etc............61 ................................67 SECTION 12.3. Payment Permitted If No Default.............................62 ...............................69 SECTION 12.4. Subrogation to Rights of Holders of Senior Debt of the Company...............................................62 Debt...............69 SECTION 12.5. Provisions Solely to Define Relative Rights.................63 ...................70 SECTION 12.6.

Section 12. 2. No Payment When Senior Debt of the Company in Default; Payment Over of Proceeds Upon Dissolution, Etc............61 SECTION .................. 59 Section 12.3. Payment Permitted If No Default.............................62 SECTION ......................... 61 Section 12.4. Subrogation to Rights of Holders of Senior Debt of the Company...............................................62 SECTION Debt......... 61 Section 12.5. Provisions Solely to Define Relative Rights.................63 SECTION ............. 61 Section 12.6.

Section 12. 2. No Payment When Senior Debt of the Company in Default; Payment Over of Proceeds Upon Dissolution, Etc.................................................................. 61 SECTION 12.3. Payment Permitted If No Default.............................62 ..................................................... 63 SECTION 12.4. Subrogation to Rights of Holders of Senior Debt of the Company...............................................62 Debt..................................... 63 SECTION 12.5. Provisions Solely to Define Relative Rights.................63 ......................................... 64 SECTION 12.6.

Section 12. 2. No Payment When Senior Debt of the Company in Default; Payment Over of Proceeds Upon Dissolution, Etc............61 SECTION ..............................................59 Section 12.3. Payment Permitted If No Default.............................62 SECTION ...............................................60 Section 12.4. Subrogation to Rights of Holders of Senior Debt of the Company...............................................62 SECTION Debt...............................61 Section 12.5. Provisions Solely to Define Relative Rights.................63 SECTION ...................................61 Section 12.6.

Section 12. 2. No Payment When Senior Debt of the Company in Default; Payment Over of Proceeds Upon Dissolution, Etc............61 .................................................36 SECTION 12.3. Payment Permitted If No Default.............................62 ...................................................37 SECTION 12.4. Subrogation to Rights of Holders of Senior Debt of the Company...............................................62 Debt...................................37 SECTION 12.5. Provisions Solely to Define Relative Rights.................63 .......................................37 SECTION 12.6.

Section 12. 2. No Payment When Senior Debt of the Company in Default; Payment Over of Proceeds Upon Dissolution, Etc............Etc ............................... 61 SECTION 12.3. Payment Permitted If No Default.............................62 Default .............................. 63 SECTION 12.4. Subrogation to Rights of Holders of Senior Debt of the Company...............................................62 .............. 63 SECTION 12.5. Provisions Solely to Define Relative Rights.................63 Rights .................. 64 SECTION 12.6.

Section 12. 2. No Payment When Senior Debt of the Company in Default; Payment Over of Proceeds Upon Dissolution, Etc............61 ......................................... 62 SECTION 12.3. Payment Permitted If No Default.............................62 ........................................ 63 SECTION 12.4. Subrogation to Rights of Holders of Senior Debt of the Company...............................................62 Debt........................ 63 SECTION 12.5. Provisions Solely to Define Relative Rights.................63 ............................ 64 SECTION 12.6.

Section 12. 2. No Payment When Senior Debt of the Company in Default; Payment Over of Proceeds Upon Dissolution, Etc............61 ......... 62 SECTION 12.3. Payment Permitted If No Default.............................62 ........................... 63 SECTION 12.4. Subrogation to Rights of Holders of Senior Debt of the Company...............................................62 ......................................... 64 SECTION 12.5. Provisions Solely to Define Relative Rights.................63 ............... 64 SECTION 12.6.

Section 12. 2. No Payment When Senior Debt of the Company in Default; Payment Over of Proceeds Upon Dissolution, Etc..................................................61 SECTION 12.3. Payment Permitted If No Default.............................62 .....................................63 SECTION 12.4. Subrogation to Rights of Holders of Senior Debt of the Company...............................................62 Debt.....................63 SECTION 12.5. Provisions Solely to Define Relative Rights.................63 .........................64 SECTION 12.6.

Section 12. 2. No Payment When Senior Debt of the Company in Default; Payment Over of Proceeds Upon Dissolution, Etc............61 SECTION .......................... 59 Section 12.3. Payment Permitted If No Default.............................62 SECTION ......................... 61 Section 12.4. Subrogation to Rights of Holders of Senior Debt of the Company...............................................62 SECTION Debt......... 61 Section 12.5. Provisions Solely to Define Relative Rights.................63 SECTION ............. 61 Section 12.6.

Section 12. 2. No Payment When Senior Debt of the Company in Default; Payment Over of Proceeds Upon Dissolution, Etc............61 SECTION ............................ 59 Section 12.3. Payment Permitted If No Default.............................62 SECTION ........................... 61 Section 12.4. Subrogation to Rights of Holders of Senior Debt of the Company...............................................62 SECTION Debt........... 61 Section 12.5. Provisions Solely to Define Relative Rights.................63 SECTION 12.6................ 61 -iv- TABLE OF CONTENTS (continued)

Section 12. 2. 2 No Payment When Senior Debt of the Company in Default; Payment Over of Proceeds Upon Dissolution, Etc...................................................... 61 SECTION 12.3. 12.3 Payment Permitted If No Default.............................62 ......................................... 63 SECTION 12.4. 12.4 Subrogation to Rights of Holders of Senior Debt of the Company...............................................62 Debt......................... 63 SECTION 12.5. 12.5 Provisions Solely to Define Relative Rights.................63 ............................. 64 SECTION 12.6.

Section 12. 2. No Payment When Senior Debt of the Company in Default; Payment Over of Proceeds Upon Dissolution, Etc............61 .......... 63 SECTION 12.3. Payment Permitted If No Default.............................62 ................................................................. 64 SECTION 12.4. Subrogation to Rights of Holders of Senior Debt of the Company...............................................62 Debt................................................. 65 SECTION 12.5. Provisions Solely to Define Relative Rights.................63 ..................................................... 65 SECTION 12.6.

Section 12. 2. No Payment When Senior Debt of the Company in Default; Payment Over of Proceeds Upon Dissolution, Etc............61 SECTION Etc ............................. 60 Section 12.3. Payment Permitted If No Default.............................Default ............................ 62 SECTION Section 12.4. Subrogation to Rights of Holders of Senior Debt of the Company........................................................... 62 SECTION Section 12.5. Provisions Solely to Define Relative Rights.................Rights ................ 63 SECTION Section 12.6.

Section 12. 2. No Payment When Senior Debt of the Company in Default; Payment Over of Proceeds Upon Dissolution, Etc....................61 SECTION Section 12.3. Payment Permitted If No Default............................................................................................62 SECTION Section 12.4. Subrogation to Rights of Holders of Senior Debt of the CompanyDebt...............................................62 SECTION 63 Section 12.5. Provisions Solely to Define Relative Rights....................................................................63 SECTION Section 12.6.

Section 12. 2. No Payment When Senior Debt of the Company in Default; Payment Over of Proceeds Upon Dissolution, Etc............................... 61 SECTION 12.3. Payment Permitted If No Default.............................62 ........................ 63 SECTION 12.4. Subrogation to Rights of Holders of Senior Debt of the Company...............................................62 Debt........ 63 SECTION 12.5. Provisions Solely to Define Relative Rights............................. 63 SECTION 12.6.

Section 12. 2. No Payment When Senior Debt of the Company in Default; Payment Over of Proceeds Upon Dissolution, Etc............. .......................................................... 61 SECTION 12.3. Payment Permitted If No Default................................................................. 62 SECTION 12.4. Subrogation to Rights of Holders of Senior Debt of the Company...............................................62 Debt.................... 63 SECTION 12.5. Provisions Solely to Define Relative Rights......................................... 63 SECTION 12.6.

Section 12. 2. No Payment When Senior Debt of the Company in Default; Payment Over of Proceeds Upon Dissolution, Etc.................... 61 SECTION 12.3. Payment Permitted If No Default.............................62 ............................................................... 63 SECTION 12.4. Subrogation to Rights of Holders of Senior Debt of the Company...............................................62 Debt............................................... 63 SECTION 12.5. Provisions Solely to Define Relative Rights.................................................................... 63 SECTION 12.6.

Section 12. 2. No Payment When Senior Debt of the Company in Default; Payment Over of Proceeds Upon Dissolution, Etc............61 .................................67 SECTION 12.3. Payment Permitted If No Default.............................62 ................................69 SECTION 12.4. Subrogation to Rights of Holders of Senior Debt of the Company...............................................62 Debt................69 SECTION 12.5. Provisions Solely to Define Relative Rights.................63 ....................70 SECTION 12.6.

Section 12. 2. No Payment When Senior Debt of the Company in Default; Payment Over of Proceeds Upon Dissolution, Etc............61 ............................ 62 SECTION 12.3. Payment Permitted If No Default.............................62 ........................... 63 SECTION 12.4. Subrogation to Rights of Holders of Senior Debt of the Company...............................................62 Debt........... 63 SECTION 12.5. Provisions Solely to Define Relative Rights.................63 ............... 64 SECTION 12.6.

Section 12. 2. No Payment When Senior Debt of the Company in Default; Payment Over of Proceeds Upon Dissolution, Etc............................................61 SECTION 12.3. Payment Permitted If No Default.............................62 ...............................63 SECTION 12.4. Subrogation to Rights of Holders of Senior Debt of the Company...............................................62 Debt...............63 SECTION 12.5. Provisions Solely to Define Relative Rights.................63 ...................64 SECTION 12.6.