Common use of Subordination of Debt Securities and Guarantee Clause in Contracts

Subordination of Debt Securities and Guarantee. Section 12.01. Applicability of Article; Agreement To Subordinate.........................................52 Section 12.02. Liquidation, Dissolution, Bankruptcy.......................................................52 Section 12.03. Default on Senior Indebtedness.............................................................53 Section 12.04. Acceleration of Payment of Debt Securities.................................................54 Section 12.05. When Distribution Must Be Paid Over........................................................54 Section 12.06. Subrogation................................................................................54

Subordination of Debt Securities and Guarantee. Section 12.01. Applicability of Article; Agreement To Subordinate.........................................52 Section 12.02. Liquidation, Dissolution, Bankruptcy.......................................................52 Section 12.03. Default on Senior Indebtedness.............................................................53 Section 12.04. Acceleration of Payment of Debt Securities.................................................54 Section 12.05. When Distribution Must Be Paid Over........................................................54 Section 12.06. Subrogation................................................................................54.

Subordination of Debt Securities and Guarantee. Section 12.01. Applicability of Article; Agreement To Subordinate.........................................52 Section 12.02. Liquidation, Dissolution, Bankruptcy.......................................................52 Section 12.03. Default on Senior Indebtedness.............................................................53 Section 12.04. Acceleration of Payment of Debt Securities.................................................54 Section 12.05. When Distribution Must Be Paid Over........................................................54 Section 12.06. Subrogation................................................................................54

Subordination of Debt Securities and Guarantee. Section 12.01. 12.01 Applicability of Article; Agreement To to Subordinate.........................................52 ………………………...……. 51 Section 12.02. 12.02 Liquidation, Dissolution, Bankruptcy.......................................................…………………………………………….. 52 Section 12.03. 12.03 Default on Senior Indebtedness.............................................................53 …………………………………………………... 52 Section 12.04. 12.04 Acceleration of Payment of Debt Securities.................................................54 ……………………………………… 53 Section 12.05. 12.05 When Distribution Must Be Paid Over........................................................54 …………………………………………… 53 Section 12.0612.06 Subrogation……………………………………………………………………….. 53 Section 12.07 Relative Rights……………………………………………………………………. Subrogation................................................................................54

Subordination of Debt Securities and Guarantee. Section 12.01. Applicability of Article; Agreement To Subordinate.........................................52 53 Section 12.02. Liquidation, Dissolution, Bankruptcy.......................................................52 53 Section 12.03. Default on Senior Indebtedness.............................................................53 Section 12.04. Acceleration of Payment of Debt Securities.................................................54 Section 12.05. When Distribution Must Be Paid Over........................................................54 Section 12.06. Subrogation................................................................................54