Common use of SUBORDINATION OF NOTES Clause in Contracts

SUBORDINATION OF NOTES. 52 9.1 Notes Subordinate to Senior Indebtedness...............................................................52 9.2 Payment Over of Proceeds Upon Dissolution, Etc.........................................................52 9.3 No Payment When Senior Indebtedness in Default.........................................................53 9.4 Payment Permitted If No Default........................................................................55 9.5 Subrogation to Rights of Holders of Senior Indebtedness................................................55 9.6 Provisions Solely to Define Relative Rights............................................................56 9.7 No Waiver of Subordination Provisions..................................................................56 9.8

SUBORDINATION OF NOTES. 52 9.1 Section 11.01. Notes Subordinate to Senior Indebtedness...............................................................52 9.2 ........................................................... 90 Section 11.02. Payment Over of Proceeds Upon upon Dissolution, Etc.........................................................52 9.3 No etc. ..................................................... 90 Section 11.03. Suspension of Payment When Senior Indebtedness in Default.........................................................53 9.4 Payment Permitted If No Default........................................................................55 9.5 ................................................ 92 Section 11.04. Trustee's Relation to Senior Indebtedness........................................................... 94 Section 11.05. Subrogation to Rights of Holders of Senior Indebtedness................................................55 9.6 ................................................. 94 Section 11.06. Provisions Solely to To Define Relative Rights............................................................56 9.7 No Waiver of Subordination Provisions..................................................................56 9.8........................................................ 95

SUBORDINATION OF NOTES. 52 9.1 Section 10.01. Notes Subordinate to Senior Indebtedness...............................................................52 9.2 .............................................................57 Section 10.02. Payment Over of Proceeds Upon Dissolution, Etc.........................................................52 9.3 No etc.......................................................57 Section 10.03. Suspension of Payment When when Senior Indebtedness in Default.........................................................53 9.4 ............................................58 Section 10.04. Payment Permitted If if No Default........................................................................55 9.5 ......................................................................59 Section 10.05. Subrogation to Rights of Holders of Senior Indebtedness................................................55 9.6 ..............................................59 Section 10.06. Provisions Solely to Define Relative Rights............................................................56 9.7 No Waiver of Subordination Provisions..................................................................56 9.8..........................................................59 Section 10.07.

SUBORDINATION OF NOTES. 52 9.1 Section 10.01. Notes Subordinate to Senior Indebtedness...............................................................52 9.2 ...................................................80 Section 10.02. Payment Over of Proceeds Upon Dissolution, Etc.........................................................52 9.3 No etc.............................................80 Section 10.03. Suspension of Payment When Senior Indebtedness in Default.........................................................53 9.4 Payment Permitted If No Default........................................................................55 9.5 Subrogation to Rights of Holders of Senior Indebtedness................................................55 9.6 Provisions Solely to Define Relative Rights............................................................56 9.7 No Waiver of Subordination Provisions..................................................................56 9.8..................................81

SUBORDINATION OF NOTES. 52 9.1 Section 12.01. Notes Subordinate to Senior Indebtedness...............................................................52 9.2 .......................................... 89 Section 12.02. Payment Over of Proceeds Upon upon Dissolution, Etc.........................................................52 9.3 No etc.................................... 90 Section 12.03. Suspension of Payment When Senior Indebtedness in Default.........................................................53 9.4 Payment Permitted If No Default........................................................................55 9.5 Subrogation ......................... 91 Section 12.04. Trustee's Relation to Rights of Holders of Senior Indebtedness................................................55 9.6 ......................................... 92 Section 12.05. Subrogation....................................................................... 92 Section 12.06. Provisions Solely to Define Relative Rights............................................................56 9.7 No Waiver of Subordination Provisions..................................................................56 9.8....................................... 93 Section 12.07.

SUBORDINATION OF NOTES. 52 9.1 SECTION 14.01. Notes Subordinate to Senior --------------------------- Indebtedness...............................................................52 9.2 ............................... 120 ------------ SECTION 14.02. Payment Over of Proceeds Upon ----------------------------- Dissolution, Etc.........................................................52 9.3 ........................... 120 ---------------- SECTION 14.03. No Payment When Senior Indebtedness in -------------------------------------- Default.........................................................53 9.4 Payment Permitted If No Default........................................................................55 9.5 Subrogation to Rights of Holders of Senior Indebtedness................................................55 9.6 Provisions Solely to Define Relative Rights............................................................56 9.7 No Waiver of Subordination Provisions..................................................................56 9.8.................................... 121 ------- SECTION 14.04. Certain Payments Permitted.................

SUBORDINATION OF NOTES. 52 9.1 SECTION 11.01. Notes Subordinate to Senior Indebtedness...............................................................52 9.2 ...........................................113 SECTION 11.02. Payment Over of Proceeds Upon upon Dissolution, Etc.........................................................52 9.3 No etc.....................................113 SECTION 11.03. Suspension of Payment When Senior Indebtedness in Default.........................................................53 9.4 Payment Permitted If No Default........................................................................55 9.5 ..........................114 SECTION 11.04. Trustee's Relation to Senior Indebtedness..........................................116 SECTION 11.05. Subrogation to Rights of Holders of Senior Indebtedness................................................55 9.6 Provisions Solely to Define Relative Rights............................................................56 9.7 No Waiver of Subordination Provisions..................................................................56 9.8............................