Common use of Subordination and Priority Clause in Contracts

Subordination and Priority. 4 Section 3.1 Subordination of Claims and Obligations.................................................4 Section 3.2 Priorities Regarding Lease Collateral...................................................4 ARTICLE 4. PAYMENTS..................................................................................5 Section 4.1 LeBonheur as Trustee....................................................................5 Section 4.2 Permissible Payments of Subordinated Claims.............................................5

Subordination and Priority. 4 3 Section 3.1 Subordination of Claims and Obligations.................................................4 3 Section 3.2 Priorities Regarding Lease Collateral...................................................4 3 ARTICLE 4. PAYMENTS..................................................................................5 4 Section 4.1 LeBonheur AOI as Trustee....................................................................5 ..........................................................................4 Section 4.2 Permissible Payments of Subordinated Claims.............................................54 Section 4.3

Subordination and Priority. 4 5 Section 3.1 Subordination of Claims and Obligations.................................................4 .........................................................5 Section 3.2 Priorities Regarding Lease Collateral...................................................4 ARTICLE 4. PAYMENTS..................................................................................5 Section 4.1 LeBonheur as Trustee....................................................................5 Section 4.2 Permissible Payments of Subordinated Claims........................................................................................................5

Subordination and Priority. 4 6 Section 3.1 Subordination of Claims and Obligations.................................................4 ...............................6 Section 3.2 Priorities Regarding Lease Collateral...................................................4 ARTICLE 4. PAYMENTS..................................................................................5 .................................6 Section 4.1 LeBonheur as Trustee....................................................................5 Section 4.2 Permissible Payments of Subordinated Claims.............................................53.3