Common use of SUBORDINATION OF SECURITIES Clause in Contracts

SUBORDINATION OF SECURITIES. Securities Subordinate to Senior Debt............................... 89 Section 10.02. Payment Over of Proceeds upon Dissolution, etc...................... 89 Section 10.03. Suspension of Payment When Senior Debt in Default................... 91 Section 10.04. Trustee's Relation to Senior Debt................................... 94 Section 10.05. Subrogation to Rights of Holders of Senior Debt..................... 94 Section 10.06. Provisions Solely To Define Relative Rights......................... 95 Section 10.07. Trustee To Effectuate Subordination................................. 96 Section 10.08. No Waiver of Subordination Provisions............................... 96 Section 10.09.

SUBORDINATION OF SECURITIES. Securities Subordinate Section 12.01. Agreement to Senior Debt............................... 89 Subordinate......................................57 Section 10.0212.02. Payment Over Payments to Holders of Proceeds upon Dissolution, etc...................... 89 Securities.............................57 Section 10.0312.03. Suspension of No Payment When Senior Debt Is In Default.....................58 Section 12.04. Payment Permitted in Default................... 91 Certain Situations.......................59 Section 10.04. Trustee's Relation to Senior Debt................................... 94 Section 10.0512.05. Subrogation to Rights of Holders of Senior Debt..................... 94 Section 10.06. Provisions Solely To Define Relative Rights......................... 95 Section 10.07. Trustee To Effectuate Subordination................................. 96 Section 10.08. No Waiver of Subordination Provisions............................... 96 Section 10.09..............

SUBORDINATION OF SECURITIES. SECTION 13.1. Securities Subordinate to Senior Debt............................... 89 Section 10.02....................... 64 SECTION 13.2. Payment Over of Proceeds upon Dissolution, etc...................... 89 Section 10.03. Suspension of No Payment When Senior Debt in Default................... 91 Section 10.04; Payment Over of Proceeds Upon Dissolution, Etc.................... 64 SECTION 13.3. Trustee's Relation to Senior Debt................................... 94 Section 10.05Payment Permitted If No Default............................. 66 SECTION 13.4. Subrogation to Rights of Holders of Senior Debt..................... 94 Section 10.06............. 66 SECTION 13.5. Provisions Solely To to Define Relative Rights......................... 95 Section 10.07. Trustee To Effectuate Subordination................................. 96 Section 10.08. No Waiver of Subordination Provisions............................... 96 Section 10.09................. 67 SECTION 13.6.

SUBORDINATION OF SECURITIES. SECTION 13.1. Securities Subordinate to Senior Debt............................... 89 Section 10.02Indebtedness..................68 SECTION 13.2. No Payment When Senior Indebtedness in Default; Payment Over of Proceeds upon Upon Dissolution, etc...................... 89 Section 10.03Etc.........................69 SECTION 13.3. Suspension of Payment When Senior Debt in Permitted If No Default................... 91 Section 10.04. Trustee's Relation to Senior Debt................................... 94 Section 10.05................................70 SECTION 13.4. Subrogation to Rights of Holders of Senior Debt..................... 94 Section 10.06Indebtedness........70 SECTION 13.5. Provisions Solely To to Define Relative Rights......................... 95 Section 10.07. Trustee To Effectuate Subordination................................. 96 Section 10.08. No Waiver of Subordination Provisions............................... 96 Section 10.09....................71 SECTION 13.6.

SUBORDINATION OF SECURITIES. Section 13.1. Securities Subordinate to Senior Debt............................... 89 Indebtedness.................... 77 Section 10.0213.2. No Payment When Senior Indebtedness in Default; Payment Over of Proceeds upon Upon Dissolution, etc...................... 89 Etc........................... 78 Section 10.0313.3. Suspension of Payment When Senior Debt in Permitted If No Default................... 91 .................................. 80 Section 10.04. Trustee's Relation to Senior Debt................................... 94 Section 10.0513.4. Subrogation to Rights of Holders of Senior Debt..................... 94 Indebtedness.......... 80 Section 10.0613.5. Provisions Solely To to Define Relative Rights......................... 95 ...................... 80 Section 10.07. Trustee To Effectuate Subordination................................. 96 Section 10.08. No Waiver of Subordination Provisions............................... 96 Section 10.0913.6.

SUBORDINATION OF SECURITIES. 57 Section 12.1. Securities Subordinate to Senior Debt............................... 89 ......................................... 57 Section 10.0212.2. Payment Over of Proceeds upon Dissolution, etc...................... 89 Section 10.03. Suspension of No Payment When Senior Debt in Default................... 91 ; Payment Over of Proceeds Upon Dissolution, Etc.............................................................. 58 Section 10.0412.3. Trustee's Relation to Senior Debt................................... 94 Payment Permitted If No Default............................................... 59 Section 10.0512.4. Subrogation to Rights of Holders of Senior Debt..................... 94 ............................... 59 Section 10.0612.5. Provisions Solely To to Define Relative Rights......................... 95 Section 10.07. Trustee To Effectuate Subordination................................. 96 Section 10.08. No Waiver of Subordination Provisions............................... 96 Section 10.09.................................... 60

SUBORDINATION OF SECURITIES. 58 Section 12.1. Securities Subordinate to Senior Debt............................... 89 ............................................58 Section 10.0212.2. Payment Over of Proceeds upon Dissolution, etc...................... 89 Section 10.03. Suspension of No Payment When Senior Debt in Default................... 91 ; Payment Over of Proceeds Upon Dissolution, Etc...................................58 Section 10.0412.3. Trustee's Relation to Senior Debt................................... 94 Payment Permitted If No Default..................................................59 Section 10.0512.4. Subrogation to Rights of Holders of Senior Debt..................... 94 ..................................60 Section 10.0612.5. Provisions Solely To to Define Relative Rights......................... 95 Section 10.07. Trustee To Effectuate Subordination................................. 96 Section 10.08. No Waiver of Subordination Provisions............................... 96 Section 10.09.......................................60

SUBORDINATION OF SECURITIES. SECTION 13.1. Securities Subordinate to Senior Debt............................... 89 Section 10.02Indebtedness................................67 SECTION 13.2. No Payment When Senior Indebtedness in Default; Payment Over of Proceeds upon Upon Dissolution, etc...................... 89 Section 10.03Etc.......................................................68 SECTION 13.3. Suspension of Payment When Senior Debt in Permitted If No Default................... 91 Section 10.04. Trustee's Relation to Senior Debt................................... 94 Section 10.05..............................................69 SECTION 13.4. Subrogation to Rights of Holders of Senior Debt..................... 94 Section 10.06Indebtedness......................69 SECTION 13.5. Provisions Solely To to Define Relative Rights......................... 95 Section 10.07. Trustee To Effectuate Subordination................................. 96 Section 10.08. No Waiver of Subordination Provisions............................... 96 Section 10.09..................................70 SECTION 13.6.

SUBORDINATION OF SECURITIES. Section 12.1. Securities Subordinate to Senior Debt............................... 89 ........................................... 71 Section 10.0212.2. Payment Over of Proceeds upon Upon Dissolution, etc...................... 89 Etc.................................. 71 Section 10.0312.3. Suspension Prior Payment to Senior Debt Upon Acceleration of Securities.................... 72 Section 12.4. No Payment When Senior Debt in Default................... 91 .......................................... 73 Section 10.0412.5. Trustee's Relation to Senior Debt................................... 94 Payment Permitted If No Default................................................. 73 Section 10.05. Subrogation to Rights of Holders of Senior Debt..................... 94 Section 10.0612.7. Provisions Solely To to Define Relative Rights......................... 95 ..................................... 74 Section 10.07. Trustee To Effectuate Subordination................................. 96 Section 10.08. No Waiver of Subordination Provisions............................... 96 Section 10.0912.8.

SUBORDINATION OF SECURITIES. 67 SECTION 13.1. Securities Subordinate to Senior Debt............................... 89 Section 10.02. .............................67 SECTION 13.2. Payment Over of Proceeds upon Upon Dissolution, etc...................... 89 Section 10.03Etc......................67 SECTION 13.3. Suspension Prior Payment to Senior Debt Upon Acceleration of Securities........68 SECTION 13.4. No Payment When Senior Debt in Default................... 91 Section 10.04..............................69 SECTION 13.5. Trustee's Relation to Senior Debt................................... 94 Section 10.05Payment Permitted If No Default.....................................70 SECTION 13.6. Subrogation to Rights of Holders of Senior Debt..................... 94 Section 10.06.....................70 SECTION 13.7. Provisions Solely To to Define Relative Rights......................... 95 Section 10.07. Trustee To Effectuate Subordination................................. 96 Section 10.08. No Waiver of Subordination Provisions............................... 96 Section 10.09.........................70 SECTION 13.8.

SUBORDINATION OF SECURITIES. SECTION 13.1 Securities Subordinate to Senior Debt............................... 89 Section 10.02Indebtedness SECTION 13.2. No Payment When Senior Indebtedness in Default; Payment Over of Proceeds upon Upon Dissolution, etc...................... 89 Section 10.03Etc. Suspension of SECTION 13.3. Payment When Senior Debt in Permitted If No Default................... 91 Section 10.04. Trustee's Relation to Senior Debt................................... 94 Section 10.05................................................ SECTION 13.4. Subrogation to Rights of Holders of Senior Debt..................... 94 Section 10.06Indebtedness SECTION 13.5. Provisions Solely To to Define Relative Rights......................... 95 Section 10.07. Trustee To Effectuate Subordination................................. 96 Section 10.08. No Waiver of Subordination Provisions............................... 96 Section 10.09Rights SECTION 13.6.

SUBORDINATION OF SECURITIES. 74 Section 16.1. Securities Subordinate to Senior Debt............................... 89 Indebtedness........................74 Section 10.0216.2. Payment Over of Proceeds upon Upon Dissolution, etc...................... 89 Etc.......................75 Section 10.0316.3. Suspension of No Payment When Senior Debt Indebtedness in Default................... 91 .......................76 Section 10.0416.4. Trustee's Relation to Reliance by Senior Debt................................... 94 Indebtedness on Subordination Provisions..........77 Section 10.0516.5. Payment Permitted If No Default......................................77 Section 16.6. Subrogation to Rights of Holders of Senior Debt..................... 94 Indebtedness..............77 Section 10.0616.7. Provisions Solely To to Define Relative Rights......................... 95 ..........................78 Section 10.07. Trustee To Effectuate Subordination................................. 96 Section 10.08. No Waiver of Subordination Provisions............................... 96 Section 10.0916.8.

SUBORDINATION OF SECURITIES. Section 13.1. Securities Subordinate to Senior Debt............................... 89 ................... 65 Section 10.0213.2. Payment Over of Proceeds upon Upon Dissolution, etc...................... 89 Etc.......... 65 Section 10.0313.3. Suspension Prior Payment to Senior Debt Upon Acceleration of Securities........................... 66 Section 13.4. No Payment When Senior Debt in Default................... 91 .................. 67 Section 10.0413.5. Trustee's Relation to Senior Debt................................... 94 Payment Permitted If No Default......................... 67 Section 10.0513.6. Subrogation to Rights of Holders of Senior Debt..................... 94 Section 10.06. Provisions Solely To Define Relative Rights......................... 95 Section 10.07. Trustee To Effectuate Subordination................................. 96 Section 10.08. No Waiver of Subordination Provisions............................... 96 Section 10.09........

SUBORDINATION OF SECURITIES. SECTION 12.1. Securities Subordinate to Senior Debt............................... 89 Section 10.02...................................................61 SECTION 12.2. Payment Over of Proceeds upon Dissolution, etc...................... 89 Section 10.03. Suspension of No Payment When Senior Debt in Default................... 91 Section 10.04; Payment Over of Proceeds Upon Dissolution, Etc........................................................................61 SECTION 12.3. Trustee's Relation to Senior Debt................................... 94 Section 10.05Payment Permitted If No Default.........................................................63 SECTION 12.4. Subrogation to Rights of Holders of Senior Debt..................... 94 Section 10.06.........................................63 SECTION 12.5. Provisions Solely To to Define Relative Rights......................... 95 Section 10.07. Trustee To Effectuate Subordination................................. 96 Section 10.08. No Waiver of Subordination Provisions............................... 96 Section 10.09..............................................64

SUBORDINATION OF SECURITIES. Section 13.1. Securities Subordinate to Senior Debt............................... 89 Indebtedness.................. 66 Section 10.0213.2. No Payment When Senior Indebtedness in Default; Payment Over of Proceeds upon Upon Dissolution, etc...................... 89 Etc............................ 67 Section 10.0313.3. Suspension of Payment When Senior Debt in Permitted If No Default................... 91 ................................ 68 Section 10.04. Trustee's Relation to Senior Debt................................... 94 Section 10.0513.4. Subrogation to Rights of Holders of Senior Debt..................... 94 Section 10.06. Provisions Solely To Define Relative Rights......................... 95 Section 10.07. Trustee To Effectuate Subordination................................. 96 Section 10.08. No Waiver of Subordination Provisions............................... 96 Section 10.09.Indebtedness....

SUBORDINATION OF SECURITIES. 55 Section 1401 Securities Subordinate to Senior Debt............................... 89 .............................................55 Section 10.02. 1402 Payment Over of Proceeds upon Upon Dissolution, etc...................... 89 Etc....................................55 Section 10.03. Suspension of 1403 No Payment When Senior Debt in Default................... 91 ............................................56 Section 10.04. Trustee's Relation to Senior Debt................................... 94 1404 Payment Permitted If No Default...................................................57 Section 10.05. 1405 Subrogation to Rights of Holders of Senior Debt..................... 94 Section 10.06. Provisions Solely To Define Relative Rights......................... 95 Section 10.07. Trustee To Effectuate Subordination................................. 96 Section 10.08. No Waiver ...................................58 Table of Subordination Provisions............................... 96 Section 10.09.Contents (continued)

SUBORDINATION OF SECURITIES. 58 Section 12.1. Securities Subordinate to Senior Debt............................... 89 ..................58 Section 10.0212.2. Payment Over of Proceeds upon Dissolution, etc...................... 89 Section 10.03. Suspension of No Payment When Senior Debt in Default................... 91 ; Payment Over of Proceeds Upon Dissolution, Etc......................58 Section 10.0412.3. Trustee's Relation to Senior Debt................................... 94 Payment Permitted If No Default........................59 Section 10.0512.4. Subrogation to Rights of Holders of Senior Debt..................... 94 ........60 Section 10.0612.5. Provisions Solely To to Define Relative Rights......................... 95 Section 10.07. Trustee To Effectuate Subordination................................. 96 Section 10.08. No Waiver of Subordination Provisions............................... 96 Section 10.09.............60

SUBORDINATION OF SECURITIES. 64 SECTION 13.1. Securities Subordinate to Senior Debt............................... 89 Section 10.02Indebtedness...................... 64 SECTION 13.2. No Payment When Senior Indebtedness in Default; Payment Over of Proceeds upon Upon Dissolution, etc...................... 89 Section 10.03Etc.......................................... 64 SECTION 13.3. Suspension of Payment When Senior Debt in Permitted If No Default................... 91 Section 10.04. Trustee's Relation to Senior Debt................................... 94 Section 10.05.................................... 66 SECTION 13.4. Subrogation to Rights of Holders of Senior Debt..................... 94 Section 10.06Indebtedness............ 66 SECTION 13.5. Provisions Solely To to Define Relative Rights......................... 95 Section 10.07. Trustee To Effectuate Subordination................................. 96 Section 10.08. No Waiver of Subordination Provisions............................... 96 Section 10.09........................ 67 SECTION 13.6.

SUBORDINATION OF SECURITIES. Securities Subordinate to Senior Debt............................... 89 Section 10.02Indebtedness...........56 SECTION 13.2. No Payment When Senior Indebtedness in Default; Payment Over of Proceeds upon Upon Dissolution, etc...................... 89 Section 10.03Etc.....................................................56 SECTION 13.3. Suspension of Payment When Senior Debt in Permitted If No Default................... 91 Section 10.04. Trustee's Relation to Senior Debt................................... 94 Section 10.05.........................57 SECTION 13.4. Subrogation to Rights of Holders of Senior Debt..................... 94 Section 10.06Indebtedness.58 SECTION 13.5. Provisions Solely To to Define Relative Rights......................... 95 Section 10.07. Trustee To Effectuate Subordination................................. 96 Section 10.08. No Waiver of Subordination Provisions............................... 96 Section 10.09.............58 SECTION 13.6.

SUBORDINATION OF SECURITIES. SECTION 13.1. Securities Subordinate to Senior Debt............................... 89 Section 10.02............................ 67 SECTION 13.2. Payment Over of Proceeds upon Upon Dissolution, etc...................... 89 Section 10.03Etc................... 67 SECTION 13.3. Suspension Prior Payment to Senior Debt Upon Acceleration of Securities..... 68 SECTION 13.4. No Payment When Senior Debt in Default................... 91 Section 10.04........................... 69 SECTION 13.5. Trustee's Relation to Senior Debt................................... 94 Section 10.05Payment Permitted If No Default.................................. 70 SECTION 13.6. Subrogation to Rights of Holders of Senior Debt..................... 94 Section 10.06.................. 70 SECTION 13.7. Provisions Solely To to Define Relative Rights......................... 95 Section 10.07. Trustee To Effectuate Subordination................................. 96 Section 10.08. No Waiver of Subordination Provisions............................... 96 Section 10.09...................... 70 SECTION 13.8.

SUBORDINATION OF SECURITIES. 65 SECTION 14.01 Securities Subordinate to Senior Debt............................... 89 Section 10.02. .......................................................65 SECTION 14.02 Payment Over over of Proceeds upon Upon Dissolution, etc...................... 89 Section 10.03. Suspension of Etc..............................................66 SECTION 14.03 No Payment When Senior Debt in Default................... 91 Section 10.04. Trustee's Relation to Senior Debt................................... 94 Section 10.05. ......................................................66 SECTION 14.04 Payment Permitted in Certain Situations.....................................................67 SECTION 14.05 Subrogation to Rights of Holders of Senior Debt..................... 94 Section 10.06. .............................................67 SECTION 14.06 Provisions Solely To to Define Relative Rights......................... 95 Section 10.07. Trustee To Effectuate Subordination................................. 96 Section 10.08. No Waiver of Subordination Provisions............................... 96 Section 10.09..................................................68 SECTION 14.07

SUBORDINATION OF SECURITIES. Section 12.1. Securities Subordinate to Senior Debt............................... 89 Debt ................ 59 Section 10.0212.2. Payment Over of Proceeds upon Dissolution, etc...................... 89 Section 10.03. Suspension of No Payment When Senior Debt in Default; Payment Over of Proceeds Upon Dissolution, Etc. ................... 91 59 Section 10.0412.3. Trustee's Relation to Senior Debt................................... 94 Payment Permitted If No Default ...................... 60 Section 10.0512.4. Subrogation to Rights of Holders of Senior Debt..................... 94 Debt ...... 61 Section 10.0612.5. Provisions Solely To to Define Relative Rights......................... 95 Section 10.07. Trustee To Effectuate Subordination................................. 96 Section 10.08. No Waiver of Subordination Provisions............................... 96 Section 10.09.Rights .......... 61

SUBORDINATION OF SECURITIES. 60 Section 12.1. Securities Subordinate to Senior Debt............................... 89 ............................................ 60 Section 10.0212.2. Payment Over of Proceeds upon Dissolution, etc...................... 89 Section 10.03. Suspension of No Payment When Senior Debt in Default................... 91 ; Payment Over of Proceeds Upon Dissolution, Etc................................................................. 60 Section 10.0412.3. Trustee's Relation to Senior Debt................................... 94 Payment Permitted If No Default.................................................. 62 -iv- TABLE OF CONTENTS (continued) Section 10.05. Subrogation to Rights of Holders of Senior Debt..................... 94 Section 10.0612.5. Provisions Solely To to Define Relative Rights......................... 95 Section 10.07. Trustee To Effectuate Subordination................................. 96 Section 10.08. No Waiver of Subordination Provisions............................... 96 Section 10.09....................................... 63

SUBORDINATION OF SECURITIES. 58 Section 12.1. Securities Subordinate to Senior Debt............................... 89 ....................................58 Section 10.0212.2. Payment Over of Proceeds upon Dissolution, etc...................... 89 Section 10.03. Suspension of No Payment When Senior Debt in Default................... 91 ; Payment Over of Proceeds Upon Dissolution, Etc. 58 Section 10.0412.3. Trustee's Relation to Senior Debt................................... 94 Payment Permitted If No Default..........................................59 Section 10.0512.4. Subrogation to Rights of Holders of Senior Debt..................... 94 ..........................60 Section 10.0612.5. Provisions Solely To to Define Relative Rights......................... 95 Section 10.07. Trustee To Effectuate Subordination................................. 96 Section 10.08. No Waiver of Subordination Provisions............................... 96 Section 10.09...............................60

SUBORDINATION OF SECURITIES. Section 13.1 Securities Subordinate to Senior Debt............................... 89 .................................................68 Section 10.02. 13.2 Payment Over of Proceeds upon Upon Dissolution, etc...................... 89 Etc........................................68 Section 10.03. Suspension 13.3 Prior Payment to Senior Debt Upon Acceleration of Securities..........................69 Section 13.4 No Payment When Senior Debt in Default................... 91 ................................................70 Section 10.04. Trustee's Relation to Senior Debt................................... 94 13.5 Payment Permitted If No Default.......................................................71 Section 10.05. 13.6 Subrogation to Rights of Holders of Senior Debt..................... 94 .......................................71 Section 10.06. 13.7 Provisions Solely To to Define Relative Rights......................... 95 ...........................................72 Section 10.07. Trustee To Effectuate Subordination................................. 96 Section 10.08. No Waiver of Subordination Provisions............................... 96 Section 10.09.13.8

SUBORDINATION OF SECURITIES. 91 SECTION 13.1. Securities Subordinate to Senior Debt............................... 89 Section 10.02Indebtedness.............................. 91 SECTION 13.2. No Payment When Senior Indebtedness in Default; Payment Over of Proceeds upon Upon Dissolution, etc...................... 89 Section 10.03Etc..................... 91 SECTION 13.3. Suspension of Payment When Senior Debt in Permitted If No Default................... 91 Section 10.04. Trustee's Relation to Senior Debt................................... ........... 94 Section 10.05SECTION 13.4. Subrogation to Rights of Holders of Senior Debt..................... Indebtedness....................... 94 Section 10.06SECTION 13.5. Provisions Solely To to Define Relative Rights......................... .................................... 95 Section 10.07. Trustee To Effectuate Subordination................................. 96 Section 10.08. No Waiver of Subordination Provisions............................... 96 Section 10.09SECTION 13.6.

SUBORDINATION OF SECURITIES. 63 Section 13.1. Securities Subordinate to Senior Debt............................... 89 ................................................. 63 Section 10.0213.2. Payment Over of Proceeds upon Upon Dissolution, etc...................... 89 Etc........................................ 63 Section 10.0313.3. Suspension Prior Payment to Senior Debt Upon Acceleration of Securities.......................... 64 Section 13.4. No Payment When Senior Debt in Default................... 91 ................................................ 65 Section 10.0413.5. Trustee's Relation to Senior Debt................................... 94 Payment Permitted If No Default....................................................... 65 Section 10.0513.6. Subrogation to Rights of Holders of Senior Debt..................... 94 ....................................... 66 Section 10.0613.7. Provisions Solely To to Define Relative Rights......................... 95 ........................................... 66 Section 10.07. Trustee To Effectuate Subordination................................. 96 Section 10.08. No Waiver of Subordination Provisions............................... 96 Section 10.0913.8.

SUBORDINATION OF SECURITIES. SECTION 12.01. Securities Subordinate to Senior Debt............................... 89 Section 10.02Indebtedness....................... 61 SECTION 12.02. Payment Over over of Proceeds upon Dissolution, etcEtc...................... 89 Section 10.0361 SECTION 12.03. Suspension of No Payment When Senior Debt Indebtedness in Default................... 91 Section 10.04...................... 62 SECTION 12.04. Trustee's Relation to Senior Debt................................... 94 Section 10.05Payment Permitted If No Default..................................... 62 SECTION 12.05. Subrogation to Rights of Holders of Senior Debt..................... 94 Section 10.06Indebtedness............. 63 SECTION 12.06. Provisions Solely To to Define Relative Rights......................... 95 Section 10.07. Trustee To Effectuate Subordination................................. 96 Section 10.08. No Waiver of Subordination Provisions............................... 96 Section 10.09Rights ........................ 63 SECTION 12.07.

SUBORDINATION OF SECURITIES. Section 13.1. Securities Subordinate to Senior Debt............................... 89 Indebtedness................ 66 Section 10.0213.2. No Payment When Senior Indebtedness in Default; Payment Over of Proceeds upon Upon Dissolution, etc...................... 89 Etc.................... 66 Section 10.0313.3. Suspension of Payment When Senior Debt in Permitted If No Default................... 91 .............................. 68 Section 10.04. Trustee's Relation to Senior Debt................................... 94 Section 10.0513.4. Subrogation to Rights of Holders of Senior Debt..................... 94 Section 10.06. Provisions Solely To Define Relative Rights......................... 95 Section 10.07. Trustee To Effectuate Subordination................................. 96 Section 10.08. No Waiver of Subordination Provisions............................... 96 Section 10.09.Indebtedness....

SUBORDINATION OF SECURITIES. SECTION 12.01. Securities Subordinate to Senior DebtIndebtedness............................... 89 Section 10.0263 SECTION 12.02. Payment Over over of Proceeds upon Dissolution, etc...................... 89 Section 10.03Etc.............................. 63 SECTION 12.03. Suspension of No Payment When Senior Debt Indebtedness in Default................... 91 Section 10.04...............................64 SECTION 12.04. Trustee's Relation to Senior Debt................................... 94 Section 10.05Payment Permitted If No Default............................................. 64 SECTION 12.05. Subrogation to Rights of Holders of Senior DebtIndebtedness..................... 94 Section 10.0664 SECTION 12.06. Provisions Solely To to Define Relative Rights......................... 95 Section 10.07. Trustee To Effectuate Subordination................................. 96 Section 10.08. No Waiver of Subordination Provisions............................... 96 Section 10.09Rights ................................ 65 SECTION 12.07.

SUBORDINATION OF SECURITIES. Section 12.1. Securities Subordinate to Senior Debt............................... 89 ......................... 69 Section 10.0212.2. Payment Over of Proceeds upon Upon Dissolution, etc...................... 89 Etc................ 69 Section 10.0312.3. Suspension Prior Payment to Senior Debt Upon Acceleration of Securities.. 70 Section 12.4. No Payment When Senior Debt in Default................... 91 ........................ 70 Section 10.0412.5. Trustee's Relation to Senior Debt................................... 94 Payment Permitted If No Default............................... 71 Section 10.0512.6. Subrogation to Rights of Holders of Senior Debt..................... 94 ............... 71 Section 10.0612.7. Provisions Solely To to Define Relative Rights......................... 95 ................... 72 Section 10.07. Trustee To Effectuate Subordination................................. 96 Section 10.08. No Waiver of Subordination Provisions............................... 96 Section 10.0912.8.

SUBORDINATION OF SECURITIES. 58 SECTION 12.01. Securities Subordinate Subordinated to Senior Debt............................... 89 Section 10.02Indebtedness ...... 58 SECTION 12.02. Payment Over of Proceeds upon Upon Dissolution, etc...................... 89 Section 10.03etc ...... 59 SECTION 12.03. Suspension Prior Payment to Senior Indebtedness On Acceleration of Securities .......................... 60 SECTION 12.04. No Payment When Senior Debt Indebtedness in Default................... 91 Section 10.04Default ...... 61 SECTION 12.05. Trustee's Relation to Senior Debt................................... 94 Section 10.05Payment Permitted If No Default ..................... 62 SECTION 12.06. Subrogation to Rights of Holders of Senior Debt..................... 94 Section 10.06Indebtedness ........................................ 63 SECTION 12.07. Provisions Solely To Define Relative Rights......................... 95 Section 10.07. Trustee To Effectuate Subordination................................. 96 Section 10.08. No Waiver of Subordination Provisions............................... 96 Section 10.09Rights ......... 63 SECTION 12.08.

SUBORDINATION OF SECURITIES. 92 SECTION 13.1. Securities Subordinate to Senior Debt............................... 89 Section 10.02... 92 SECTION 13.2. Payment Over of Proceeds upon Upon Dissolution, etc...................... 89 Section 10.03Etc....................................... 92 SECTION 13.3. Suspension Prior Payment to Senior Debt Upon Acceleration of Securities............................. 93 SECTION 13.4. No Payment When Senior Debt in Default................... 91 Section 10.04................................................ 94 SECTION 13.5. Trustee's Relation to Senior Debt................................... 94 Section 10.05Payment Permitted If No Default......... 95 SECTION 13.6. Subrogation to Rights of Holders of Senior Debt..................... 94 Section 10.06............................................ 95 SECTION 13.7. Provisions Solely To to Define Relative Rights......................... ................................................. 95 Section 10.07. Trustee To Effectuate Subordination................................. 96 Section 10.08. No Waiver of Subordination Provisions............................... 96 Section 10.09SECTION 13.8.

SUBORDINATION OF SECURITIES. 72 Section 13.1. Securities Subordinate to Senior Debt............................... 89 Indebtedness......................... 72 Section 10.0213.2. Payment Over of Proceeds upon Upon Dissolution, etc...................... 89 Etc........................ 72 Section 10.0313.3. Suspension Prior Payment to Senior Indebtedness Upon Acceleration of Securities.. 73 Section 13.4. No Payment When Senior Debt Indebtedness in Default................... 91 ........................ 74 Section 10.0413.5. Trustee's Relation to Senior Debt................................... 94 Payment Permitted If No Default....................................... 74 Section 10.0513.6. Subrogation to Rights of Holders of Senior Debt..................... 94 Indebtedness............... 75 Section 10.0613.7. Provisions Solely To to Define Relative Rights......................... 95 ........................... 75 Section 10.07. Trustee To Effectuate Subordination................................. 96 Section 10.08. No Waiver of Subordination Provisions............................... 96 Section 10.0913.8.

SUBORDINATION OF SECURITIES. Section 12.1. Securities Subordinate to Senior Debt............................... 89 ................................... 59 Section 10.0212.2. Payment Over of Proceeds upon Dissolution, etc...................... 89 Section 10.03. Suspension of No Payment When Senior Debt in Default................... 91 ; Payment Over of Proceeds Upon Dissolution, Etc................................................... 59 Section 10.0412.3. Trustee's Relation to Senior Debt................................... 94 Payment Permitted If No Default......................................... 61 Section 10.0512.4. Subrogation to Rights of Holders of Senior Debt..................... 94 ......................... 61 Section 10.0612.5. Provisions Solely To to Define Relative Rights......................... 95 Section 10.07. Trustee To Effectuate Subordination................................. 96 Section 10.08. No Waiver of Subordination Provisions............................... 96 Section 10.09.............................. 62

SUBORDINATION OF SECURITIES. SECTION 12.1. Securities Subordinate to Senior Debt............................... 89 Section 10.02................................................55 SECTION 12.2. Payment Over of Proceeds upon Dissolution, etc...................... 89 Section 10.03. Suspension of No Payment When Senior Debt in Default................... 91 Section 10.04; Payment Over of Proceeds Upon Dissolution, Etc.....................................................................55 SECTION 12.3. Trustee's Relation to Senior Debt................................... 94 Section 10.05Payment Permitted If No Default......................................................57 SECTION 12.4. Subrogation to Rights of Holders of Senior Debt..................... 94 Section 10.06......................................57 SECTION 12.5. Provisions Solely To to Define Relative Rights......................... 95 Section 10.07. Trustee To Effectuate Subordination................................. 96 Section 10.08. No Waiver of Subordination Provisions............................... 96 Section 10.09..........................................57 SECTION 12.6.

SUBORDINATION OF SECURITIES. SECTION 13.01. Securities Subordinate to Senior Debt............................... 89 Section 10.02.......................95 SECTION 13.02. Payment Over of Proceeds upon Dissolution, etc...................... 89 Section 10.03Etc..............95 SECTION 13.03. Suspension of No Payment When Senior Debt in Default................... 91 Section 10.04. Trustee's Relation to Senior Debt................................... 94 Section 10.05......................97 SECTION 13.04. Subrogation to Rights of Holders of Senior Debt..................... 94 Section 10.06.............98 SECTION 13.05. Provisions Solely To to Define Relative Rights......................... 95 Section 10.07. Trustee To Effectuate Subordination................................. 96 Section 10.08.................99 SECTION 13.06. No Waiver of Subordination Provisions............................... 96 Section 10.09.......................99 SECTION 13.07.

SUBORDINATION OF SECURITIES. SECTION 14.01. Securities Subordinate to Senior Debt............................... 89 Section 10.02...........................76 SECTION 14.02. Payment Over of Proceeds upon Upon Dissolution, etc...................... 89 Section 10.03Etc..................77 SECTION 14.03. Suspension Prior Payment to Senior Debt Upon Acceleration of Securities....78 SECTION 14.04. No Payment When Senior Debt in Default................... 91 Section 10.04..........................79 SECTION 14.05. Trustee's Relation to Senior Debt................................... 94 Section 10.05Payment Permitted If No Default.................................79 SECTION 14.06. Subrogation to Rights of Holders of Senior Debt..................... 94 Section 10.06.................80 SECTION 14.07. Provisions Solely To to Define Relative Rights......................... 95 Section 10.07. Trustee To Effectuate Subordination................................. 96 Section 10.08. No Waiver of Subordination Provisions............................... 96 Section 10.09.....................80 SECTION 14.08.

SUBORDINATION OF SECURITIES. Section 12.1. Securities Subordinate to Senior Debt............................... 89 ...................... 59 Section 10.0212.2. Payment Over of Proceeds upon Dissolution, etc...................... 89 Section 10.03. Suspension of No Payment When Senior Debt in Default................... 91 ; Payment Over of Proceeds Upon Dissolution, Etc............................. 59 Section 10.0412.3. Trustee's Relation to Senior Debt................................... 94 Payment Permitted If No Default............................ 61 Section 10.0512.4. Subrogation to Rights of Holders of Senior Debt..................... 94 ............ 61 Section 10.0612.5. Provisions Solely To to Define Relative Rights......................... 95 Section 10.07. Trustee To Effectuate Subordination................................. 96 Section 10.08. No Waiver of Subordination Provisions............................... 96 Section 10.09................. 61

SUBORDINATION OF SECURITIES. 61 Section 12.1. Securities Subordinate to Senior Debt............................... 89 ...................61 Section 10.0212.2. Payment Over of Proceeds upon Dissolution, etc...................... 89 Section 10.03. Suspension of No Payment When Senior Debt in Default................... 91 ; Payment Over of Proceeds Upon Dissolution, Etc..........................61 Section 10.0412.3. Trustee's Relation to Senior Debt................................... 94 Payment Permitted If No Default.........................62 Section 10.0512.4. Subrogation to Rights of Holders of Senior Debt..................... 94 .........63 Section 10.0612.5. Provisions Solely To to Define Relative Rights......................... 95 Section 10.07. Trustee To Effectuate Subordination................................. 96 Section 10.08. No Waiver of Subordination Provisions............................... 96 Section 10.09..............63

SUBORDINATION OF SECURITIES. Section 12.1. Securities Subordinate to Senior Debt............................... 89 Debt ...................... 59 Section 10.0212.2. Payment Over of Proceeds upon Dissolution, etc...................... 89 Section 10.03. Suspension of No Payment When Senior Debt in Default................... 91 ; Payment Over of Proceeds Upon Dissolution, Etc ............................. 59 Section 10.0412.3. Trustee's Relation to Senior Debt................................... 94 Payment Permitted If No Default ............................ 61 Section 10.0512.4. Subrogation to Rights of Holders of Senior Debt..................... 94 Debt ............ 61 Section 10.0612.5. Provisions Solely To to Define Relative Rights......................... 95 Section 10.07. Trustee To Effectuate Subordination................................. 96 Section 10.08. No Waiver of Subordination Provisions............................... 96 Section 10.09.Rights ................ 61

SUBORDINATION OF SECURITIES. Section 12.1. Securities Subordinate to Senior Debt............................... 89 .......................... 60 Section 10.0212.2. Payment Over of Proceeds upon Dissolution, etc...................... 89 Section 10.03. Suspension of No Payment When Senior Debt in Default................... 91 ; Payment Over of Proceeds Upon Dissolution, Etc................................. 60 Section 10.0412.3. Trustee's Relation to Senior Debt................................... 94 Payment Permitted If No Default................................ 62 Section 10.0512.4. Subrogation to Rights of Holders of Senior Debt..................... 94 ................ 62 Section 10.0612.5. Provisions Solely To to Define Relative Rights......................... 95 Section 10.07. Trustee To Effectuate Subordination................................. 96 Section 10.08. No Waiver of Subordination Provisions............................... 96 Section 10.09..................... 62

SUBORDINATION OF SECURITIES. Securities Subordinate Section 13.01. Agreement to Senior Debt............................... 89 Subordinate.......................................63 Section 10.0213.02. Payment Over Payments to Holders of Proceeds upon Dissolution, etc...................... 89 Securities..............................64 Section 10.0313.03. Suspension of No Payment When Senior Debt Is In Default......................65 Section 13.04. Payment Permitted in Default................... 91 Certain Situations........................65 Section 10.04. Trustee's Relation to Senior Debt................................... 94 Section 10.0513.05. Subrogation to Rights of Holders of Senior Debt..................... 94 ................66 Section 10.0613.06. Provisions Solely To to Define Relative Rights......................... 95 ....................66 Section 10.07. Trustee To Effectuate Subordination................................. 96 Section 10.08. No Waiver of Subordination Provisions............................... 96 Section 10.0913.07.

SUBORDINATION OF SECURITIES. SECTION 13.1. Securities Subordinate to Senior Debt............................... 89 Section 10.02Indebtedness .............. 71 SECTION 13.2. No Payment When Senior Indebtedness in Default; Payment Over of Proceeds upon Upon Dissolution, etc...................... 89 Section 10.03Etc ............. 71 SECTION 13.3. Suspension of Payment When Senior Debt in Default................... 91 Section 10.04. Trustee's Relation to Senior Debt................................... 94 Section 10.05Permitted If No Default ............................ 73 SECTION 13.4. Subrogation to Rights of Holders of Senior Debt..................... 94 Section 10.06Indebtedness .... 73 SECTION 13.5. Provisions Solely To to Define Relative Rights......................... 95 Section 10.07. Trustee To Effectuate Subordination................................. 96 Section 10.08. No Waiver of Subordination Provisions............................... 96 Section 10.09Rights ................ 74 SECTION 13.6.

SUBORDINATION OF SECURITIES. 81 SECTION 13.1. Securities Subordinate to Senior Debt............................... 89 Section 10.02Indebtedness....................... 81 SECTION 13.2. Payment Over of Proceeds upon Upon Dissolution, etcEtc...................... 89 Section 10.03SECTION 13.3. Suspension of No Payment When Senior Debt Indebtedness in Default................... 91 Section 10.04...................... 90 SECTION 13.4. Trustee's Relation to Senior Debt................................... 94 Section 10.05Payment Permitted If No Default..................................... 90 SECTION 13.5. Subrogation to Rights of Holders of Senior Debt..................... 94 Section 10.06Indebtedness............. 90 SECTION 13.6. Provisions Solely To to Define Relative Rights......................... 95 Section 10.07. Trustee To Effectuate Subordination................................. 96 Section 10.08. No Waiver of Subordination Provisions............................... 96 Section 10.09.91

SUBORDINATION OF SECURITIES. Section 13.1 Securities Subordinate to Senior Debt............................... 89 .........................................63 Section 10.02. 13.2 Payment Over of Proceeds upon Upon Dissolution, etc...................... 89 Etc................................63 Section 10.03. Suspension 13.3 Prior Payment to Senior Debt Upon Acceleration of Securities..................64 Section 13.4 No Payment When Senior Debt in Default................... 91 ........................................65 Section 10.04. Trustee's Relation to Senior Debt................................... 94 13.5 Payment Permitted If No Default...............................................65 Section 10.05. 13.6 Subrogation to Rights of Holders of Senior Debt..................... 94 ...............................66 Section 10.06. 13.7 Provisions Solely To to Define Relative Rights......................... 95 ...................................66 Section 10.07. Trustee To Effectuate Subordination................................. 96 Section 10.08. No Waiver of Subordination Provisions............................... 96 Section 10.09.13.8

SUBORDINATION OF SECURITIES. SECTION 13.1 Securities Subordinate to Senior Debt............................... 89 Section 10.02. ....................................................... 102 SECTION 13.2 No Payment in Certain Circumstances, Payment Over of Proceeds upon Dissolution, etc...................... 89 Section 10.03. Suspension of Etc......... 102 SECTION 13.3 Prior Payment When to Senior Debt in upon Acceleration of Securities................................ 105 SECTION 13.4 Payment Permitted if No Default................... 91 Section 10.04. Trustee's Relation to Senior Debt................................... 94 Section 10.05. ............................................................. 105 SECTION 13.5 Subrogation to Rights of Holders of Senior Debt..................... 94 Section 10.06. ............................................. 105 SECTION 13.6 Provisions Solely To to Define Relative Rights......................... 95 Section 10.07. Trustee To Effectuate Subordination................................. 96 Section 10.08. No Waiver of Subordination Provisions............................... 96 Section 10.09.................................................. 106 SECTION 13.7

SUBORDINATION OF SECURITIES. Section 12.1. Securities Subordinate to Senior Debt............................... 89 .....................................................62 Section 10.0212.2. Payment Over of Proceeds upon Dissolution, etc...................... 89 Section 10.03. Suspension of No Payment When Senior Debt in Default................... 91 ; Payment Over of Proceeds Upon Dissolution, Etc.......................................................................................62 Section 10.0412.3. Trustee's Relation to Senior Debt................................... 94 Payment Permitted If No Default...........................................................64 Section 10.0512.4. Subrogation to Rights of Holders of Senior Debt..................... 94 ...........................................64 Section 10.0612.5. Provisions Solely To to Define Relative Rights......................... 95 Section 10.07. Trustee To Effectuate Subordination................................. 96 Section 10.08. No Waiver of Subordination Provisions............................... 96 Section 10.09................................................64

SUBORDINATION OF SECURITIES. 71 Section 16.01 Securities Subordinate to Senior Debt............................... 89 Indebtedness........ 71 Section 10.02. 16.02 Payment Over of Proceeds upon Upon Dissolution, etc...................... 89 Etc....... 72 Section 10.03. Suspension 16.03 Prior Payment to Senior Indebtedness Upon Acceleration of Securities........................... 73 Section 16.04 No Payment When Senior Debt Indebtedness in Default................... 91 ....... 73 Section 10.04. Trustee's Relation to Senior Debt................................... 94 16.05 Payment Permitted If No Default...................... 74 Section 10.05. 16.06 Subrogation to Rights of Holders of Senior Debt..................... 94 Indebtedness......................................... 74 Section 10.06. 16.07 Provisions Solely To to Define Relative Rights......................... 95 Section 10.07. Trustee To Effectuate Subordination................................. 96 Section 10.08. No Waiver of Subordination Provisions............................... 96 Section 10.09........... 74

SUBORDINATION OF SECURITIES. 67 Section 13.1 Securities Subordinate to Senior Debt............................... 89 ............................. 67 Section 10.02. 13.2 Payment Over of Proceeds upon Upon Dissolution, etc...................... 89 Etc.................... 67 Section 10.03. Suspension 13.3 Prior Payment to Senior Debt Upon Acceleration of Securities........................................................ 69 Section 13.4 No Payment When Senior Debt in Default................... 91 ............................ 69 Section 10.04. Trustee's Relation to Senior Debt13.5 Payment Permitted If No Default................................... 94 70 Section 10.05. 13.6 Subrogation to Rights of Holders of Senior Debt..................... 94 ................... 70 Section 10.06. 13.7 Provisions Solely To to Define Relative Rights......................... 95 ....................... 71 Section 10.07. Trustee To Effectuate Subordination................................. 96 Section 10.08. No Waiver of Subordination Provisions............................... 96 Section 10.09.13.8

SUBORDINATION OF SECURITIES. Section 12.1. Securities Subordinate to Senior Debt............................... 89 ...................61 Section 10.0212.2. Payment Over of Proceeds upon Dissolution, etc...................... 89 Section 10.03. Suspension of No Payment When Senior Debt in Default................... 91 ; Payment Over of Proceeds Upon Dissolution, Etc..........................61 Section 10.0412.3. Trustee's Relation to Senior Debt................................... 94 Payment Permitted If No Default.........................62 Section 10.0512.4. Subrogation to Rights of Holders of Senior Debt..................... 94 .........63 Section 10.0612.5. Provisions Solely To to Define Relative Rights......................... 95 Section 10.07. Trustee To Effectuate Subordination................................. 96 Section 10.08. No Waiver of Subordination Provisions............................... 96 Section 10.09..............63

SUBORDINATION OF SECURITIES. 77 SECTION 13.1 Securities Subordinate to Senior Debt............................... 89 Section 10.02. ...................................................77 SECTION 13.2 No Payment Over in Certain Circumstances, Payment over of Proceeds upon Dissolution, etc...................... 89 Section 10.03. Suspension of Etc.....77 SECTION 13.3 Prior Payment When to Senior Debt in upon Acceleration of Securities............................79 SECTION 13.4 Payment Permitted If No Default................... 91 Section 10.04. Trustee's Relation to Senior Debt................................... 94 Section 10.05. .........................................................79 SECTION 13.5 Subrogation to Rights of Holders of Senior Debt..................... 94 Section 10.06. .........................................79 SECTION 13.6 Provisions Solely To to Define Relative Rights......................... 95 Section 10.07. Trustee To Effectuate Subordination................................. 96 Section 10.08. No Waiver of Subordination Provisions............................... 96 Section 10.09..............................................80 SECTION 13.7

SUBORDINATION OF SECURITIES. Section 12.1. Securities Subordinate to Senior Debt............................... 89 ................. 59 Section 10.0212.2. Payment Over of Proceeds upon Dissolution, etc...................... 89 Section 10.03. Suspension of No Payment When Senior Debt in Default................... 91 ; Payment Over of Proceeds Upon Dissolution, Etc............ 59 Section 10.0412.3. Trustee's Relation to Senior Debt................................... 94 Payment Permitted If No Default....................... 61 Section 10.0512.4. Subrogation to Rights of Holders of Senior Debt..................... 94 ....... 61 Section 10.0612.5. Provisions Solely To to Define Relative Rights......................... 95 Section 10.07. Trustee To Effectuate Subordination................................. 96 Section 10.08. No Waiver of Subordination Provisions............................... 96 Section 10.09............ 61

SUBORDINATION OF SECURITIES. Section 11.1 Securities Subordinate to Senior Debt............................... 89 ..........................................63 Section 10.02. 11.2 Payment Over of Proceeds upon Dissolution, etc...................... 89 Etc.................................64 Section 10.03. Suspension 11.3 Prior Payment to Senior Debt upon Acceleration of Securities...................65 Section 11.4 No Payment When Senior Debt in Default................... 91 .........................................65 Section 10.04. Trustee's Relation to Senior Debt................................... 94 11.5 Payment Permitted If No Default................................................66 Section 10.05. 11.6 Subrogation to Rights of Holders of Senior Debt..................... 94 ................................66 Section 10.06. 11.7 Provisions Solely To to Define Relative Rights......................... 95 ....................................66 Section 10.07. Trustee To Effectuate Subordination................................. 96 Section 10.08. No Waiver of Subordination Provisions............................... 96 Section 10.09.11.8

SUBORDINATION OF SECURITIES. SECTION 13.1. Securities Subordinate to Senior Debt............................... 89 Section 10.02Indebtedness............. 67 SECTION 13.2. No Payment When Senior Indebtedness in Default; Payment Over of Proceeds upon Upon Dissolution, etc...................... 89 Section 10.03Etc............ 67 SECTION 13.3. Suspension of Payment When Senior Debt in Permitted If No Default................... 91 Section 10.04. Trustee's Relation to Senior Debt................................... 94 Section 10.05........................... 69 SECTION 13.4. Subrogation to Rights of Holders of Senior Debt..................... 94 Section 10.06Indebtedness.............................................. 69 SECTION 13.5. Provisions Solely To to Define Relative Rights......................... 95 Section 10.07. Trustee To Effectuate Subordination................................. 96 Section 10.08. No Waiver of Subordination Provisions............................... 96 Section 10.09............... 70 SECTION 13.6.

SUBORDINATION OF SECURITIES. 60 Section 12.1. Securities Subordinate to Senior Debt............................... 89 ................................ 60 Section 10.0212.2. Payment Over of Proceeds upon Dissolution, etc...................... 89 Section 10.03. Suspension of No Payment When Senior Debt in Default................... 91 ; Payment Over of Proceeds Upon Dissolution, Etc..................................................... 60 Section 10.0412.3. Trustee's Relation to Senior Debt................................... 94 Payment Permitted If No Default...................................... 62 Section 10.0512.4. Subrogation to Rights of Holders of Senior Debt..................... 94 ...................... 62 Section 10.0612.5. Provisions Solely To to Define Relative Rights......................... 95 .......................... 62 Section 10.07. Trustee To Effectuate Subordination................................. 96 Section 10.08. No Waiver of Subordination Provisions............................... 96 Section 10.0912.6.

SUBORDINATION OF SECURITIES. SECTION 12.01. Securities Subordinate to Senior Debt............................... 89 Section 10.02Indebtedness.......................64 SECTION 12.02. Payment Over over of Proceeds upon Dissolution, etc...................... 89 Section 10.03Etc......................64 SECTION 12.03. Suspension of No Payment When Senior Debt Indebtedness in Default................... 91 Section 10.04......................65 SECTION 12.04. Trustee's Relation to Senior Debt................................... 94 Section 10.05Payment Permitted If No Default.....................................65 SECTION 12.05. Subrogation to Rights of Holders of Senior Debt..................... 94 Section 10.06Indebtedness.............65 SECTION 12.06. Provisions Solely To Define Relative Rights......................... 95 Section 10.07. Trustee To Effectuate Subordination................................. 96 Section 10.08. No Waiver of Subordination Provisions............................... 96 Section 10.09.........................66 SECTION 12.07.

SUBORDINATION OF SECURITIES. 67 SECTION 13.1. Securities Subordinate to Senior Debt............................... 89 Section 10.02........................................67 SECTION 13.2. Payment Over of Proceeds upon Upon Dissolution, etc...................... 89 Section 10.03Etc...............................67 SECTION 13.3. Suspension Prior Payment to Senior Debt Upon Acceleration of Securities.................68 SECTION 13.4. No Payment When Senior Debt in Default................... 91 Section 10.04.......................................69 SECTION 13.5. Trustee's Relation to Senior Debt................................... 94 Section 10.05Payment Permitted If No Default..............................................69 SECTION 13.6. Subrogation to Rights of Holders of Senior Debt..................... 94 Section 10.06. Provisions Solely To Define Relative Rights......................... 95 Section 10.07. Trustee To Effectuate Subordination................................. 96 Section 10.08. No Waiver of Subordination Provisions............................... 96 Section 10.09...............................70

SUBORDINATION OF SECURITIES. 58 Section 12.1. Securities Subordinate to Senior Debt............................... 89 ............................................58 Section 10.0212.2. Payment Over of Proceeds upon Dissolution, etc...................... 89 Section 10.03. Suspension of No Payment When Senior Debt in Default................... 91 ; Payment Over of Proceeds Upon Dissolution, Etc.................................................................58 Section 10.0412.3. Trustee's Relation to Senior Debt................................... 94 Payment Permitted If No Default..................................................59 Section 10.0512.4. Subrogation to Rights of Holders of Senior Debt..................... 94 ..................................60 Section 10.0612.5. Provisions Solely To to Define Relative Rights......................... 95 Section 10.07. Trustee To Effectuate Subordination................................. 96 Section 10.08. No Waiver of Subordination Provisions............................... 96 Section 10.09.......................................60

SUBORDINATION OF SECURITIES. SECTION 13.1. Securities Subordinate to Senior Debt............................... 89 Section 10.02Indebtedness................ 79 SECTION 13.2. No Payment When Senior Indebtedness in Default; Payment Over of Proceeds upon Upon Dissolution, etc...................... 89 Section 10.03Etc............................ 79 SECTION 13.3. Suspension of Payment When Senior Debt in Permitted If No Default................... 91 Section 10.04. Trustee's Relation to Senior Debt................................... 94 Section 10.05.............................. 81 SECTION 13.4. Subrogation to Rights of Holders of Senior Debt..................... 94 Section 10.06. Provisions Solely To Define Relative Rights......................... 95 Section 10.07. Trustee To Effectuate Subordination................................. 96 Section 10.08. No Waiver of Subordination Provisions............................... 96 Section 10.09.Indebtedness....

SUBORDINATION OF SECURITIES. 58 Section 12.1. Securities Subordinate to Senior Debt............................... 89 ............................................58 Section 10.0212.2. Payment Over of Proceeds upon Dissolution, etc...................... 89 Section 10.03. Suspension of No Payment When Senior Debt in Default................... 91 ; Payment Over of Proceeds Upon Dissolution, Etc.................................................................59 Section 10.0412.3. Trustee's Relation to Senior Debt................................... 94 Payment Permitted If No Default..................................................60 Section 10.0512.4. Subrogation to Rights of Holders of Senior Debt..................... 94 ..................................60 Section 10.0612.5. Provisions Solely To to Define Relative Rights......................... 95 Section 10.07. Trustee To Effectuate Subordination................................. 96 Section 10.08. No Waiver of Subordination Provisions............................... 96 Section 10.09.......................................61

SUBORDINATION OF SECURITIES. 52 SECTION 13.1. Securities Subordinate to Senior Debt............................... 89 Section 10.02. ........................... 52 SECTION 13.2. Payment Over of Proceeds upon Upon Dissolution, etc...................... 89 Section 10.03Etc. Suspension of .................. 52 SECTION 13.3. Prior Payment to Senior Debt Upon Dissolution, Etc. .............. 53 SECTION 13.4. No Payment When Senior Debt in Default................... 91 Section 10.04. Trustee's Relation to Senior Debt................................... 94 Section 10.05.......................... 54 SECTION 13.5. Payment Permitted If No Default. ................................. 54 SECTION 13.6. Subrogation to Rights of Holders of Senior Debt..................... 94 Section 10.06. ................. 54 SECTION 13.7. Provisions Solely To to Define Relative Rights......................... 95 Section 10.07. Trustee To Effectuate Subordination................................. 96 Section 10.08. No Waiver of Subordination Provisions............................... 96 Section 10.09..................... 55 SECTION 13.8.

SUBORDINATION OF SECURITIES. 60 Section 12.1. Securities Subordinate to Senior Debt............................... 89 ................ 60 Section 10.0212.2. Payment Over of Proceeds upon Dissolution, etc...................... 89 Section 10.03. Suspension of No Payment When Senior Debt in Default................... 91 ; Payment Over of Proceeds Upon Dissolution, Etc. ............... 61 Section 10.0412.3. Trustee's Relation to Senior Debt................................... 94 Payment Permitted If No Default...................... 62 Section 10.0512.4. Subrogation to Rights of Holders of Senior Debt..................... 94 ...... 62 Section 10.0612.5. Provisions Solely To to Define Relative Rights......................... 95 Section 10.07. Trustee To Effectuate Subordination................................. 96 Section 10.08. No Waiver of Subordination Provisions............................... 96 Section 10.09........... 63

SUBORDINATION OF SECURITIES. 91 SECTION 13.1. Securities Subordinate to Senior Debt............................... 89 Section 10.02Indebtedness..................................... 91 SECTION 13.2. No Payment When Senior Indebtedness in Default; Payment Over of Proceeds upon Upon Dissolution, etc...................... 89 Section 10.03Etc............................ 92 SECTION 13.3. Suspension of Payment When Senior Debt in Permitted If No Default................... 91 Section 10.04. Trustee's Relation to Senior Debt................................... .................. 94 Section 10.05SECTION 13.4. Subrogation to Rights of Holders of Senior Debt..................... Indebtedness.............................. 94 Section 10.06SECTION 13.5. Provisions Solely To to Define Relative Rights......................... ........................................... 95 Section 10.07. Trustee To Effectuate Subordination................................. 96 Section 10.08. No Waiver of Subordination Provisions............................... 96 Section 10.09SECTION 13.6.

SUBORDINATION OF SECURITIES. SECTION 14.01. Securities Subordinate to Senior Debt............................... 89 Section 10.02......................................... 101 SECTION 14.02. Payment Over of Proceeds upon Upon Dissolution, etc...................... 89 Section 10.03............................. 101 SECTION 14.03. Suspension Prior Payment to Senior Debt Upon Acceleration of Securities................... 103 SECTION 14.04. No Payment When Senior Debt in Default................... 91 Section 10.04...................................... 104 SECTION 14.05. Trustee's Relation to Senior Debt................................... 94 Section 10.05Payment Permitted If No Default................ 105 SECTION 14.06. Subrogation to Rights of Holders of Senior Debt..................... 94 Section 10.06.................................. 105 SECTION 14.07. Provisions Solely To to Define Relative Rights......................... 95 Section 10.07. Trustee To Effectuate Subordination................................. 96 Section 10.08. No Waiver of Subordination Provisions............................... 96 Section 10.09.............................. 106 SECTION 14.08.

SUBORDINATION OF SECURITIES. Section 13.1. Securities Subordinate to Senior Debt............................... 89 Indebtedness.............. 72 Section 10.0213.2. No Payment When Senior Indebtedness in Default; Payment Over of Proceeds upon Upon Dissolution, etc...................... 89 Etc..................... 72 Section 10.0313.3. Suspension of Payment When Senior Debt in Permitted If No Default................... 91 ............................ 73 Section 10.04. Trustee's Relation to Senior Debt................................... 94 Section 10.0513.4. Subrogation to Rights of Holders of Senior Debt..................... 94 Section 10.06. Provisions Solely To Define Relative Rights......................... 95 Section 10.07. Trustee To Effectuate Subordination................................. 96 Section 10.08. No Waiver of Subordination Provisions............................... 96 Section 10.09.Indebtedness..

SUBORDINATION OF SECURITIES. Section 13.1. Securities Subordinate to Senior Debt............................... 89 Indebtedness............... 66 Section 10.0213.2. No Payment When Senior Indebtedness in Default; Payment Over of Proceeds upon Upon Dissolution, etc...................... 89 Etc.............. 66 Section 10.0313.3. Suspension of Payment When Senior Debt in Permitted If No Default................... 91 ............................. 68 Section 10.04. Trustee's Relation to Senior Debt................................... 94 Section 10.0513.4. Subrogation to Rights of Holders of Senior Debt..................... 94 Section 10.06. Provisions Solely To Define Relative Rights......................... 95 Section 10.07. Trustee To Effectuate Subordination................................. 96 Section 10.08. No Waiver of Subordination Provisions............................... 96 Section 10.09.Indebtedness...

SUBORDINATION OF SECURITIES. 60 Section 12.1. Securities Subordinate to Senior Debt............................... 89 ......................... 60 Section 10.0212.2. Payment Over of Proceeds upon Dissolution, etc...................... 89 Section 10.03. Suspension of No Payment When Senior Debt in Default................... 91 ; Payment Over of 60 Proceeds Upon Dissolution, Etc................................ Section 10.0412.3. Trustee's Relation to Senior Debt................................... 94 Payment Permitted If No Default............................... 62 Section 10.0512.4. Subrogation to Rights of Holders of Senior Debt..................... 94 ............... 63 Section 10.0612.5. Provisions Solely To to Define Relative Rights......................... 95 Section 10.07. Trustee To Effectuate Subordination................................. 96 Section 10.08. No Waiver of Subordination Provisions............................... 96 Section 10.09.................... 63

SUBORDINATION OF SECURITIES. SECTION 12.1. Securities Subordinate to Senior Debt............................... 89 Section 10.02................................................60 SECTION 12.2. Payment Over of Proceeds upon Dissolution, etc...................... 89 Section 10.03. Suspension of No Payment When Senior Debt in Default................... 91 Section 10.04; Payment Over of Proceeds Upon Dissolution, Etc. Trustee's Relation to Senior Debt................................... 94 Section 10.05...................................................................60 SECTION 12.3. Payment Permitted If No Default......................................................62 SECTION 12.4. Subrogation to Rights of Holders of Senior Debt..................... 94 Section 10.06......................................62 SECTION 12.5. Provisions Solely To to Define Relative Rights......................... 95 Section 10.07. Trustee To Effectuate Subordination................................. 96 Section 10.08. No Waiver of Subordination Provisions............................... 96 Section 10.09..........................................62 SECTION 12.6.

SUBORDINATION OF SECURITIES. Section 12.1. Securities Subordinate to Senior Debt............................... 89 .....................................................59 Section 10.0212.2. Payment Over of Proceeds upon Dissolution, etc...................... 89 Section 10.03. Suspension of No Payment When Senior Debt in Default................... 91 ; Payment Over of Proceeds Upon Dissolution, Etc.......................................................................................59 Section 10.0412.3. Trustee's Relation to Senior Debt................................... 94 Payment Permitted If No Default...........................................................61 Section 10.0512.4. Subrogation to Rights of Holders of Senior Debt..................... 94 ...........................................61 Section 10.0612.5. Provisions Solely To to Define Relative Rights......................... 95 Section 10.07. Trustee To Effectuate Subordination................................. 96 Section 10.08. No Waiver of Subordination Provisions............................... 96 Section 10.09................................................61

SUBORDINATION OF SECURITIES. SECTION 13.1. Securities Subordinate to Senior Debt............................... 89 Section 10.02......................... 87 SECTION 13.2. Payment Over of Proceeds upon Dissolution, etc...................... 89 Section 10.03. Suspension of No Payment When Senior Debt in Default................... 91 Section 10.04; Payment Over of Proceeds Upon Dissolution, Etc....................... 88 SECTION 13.3. Trustee's Relation to Senior Debt................................... 94 Section 10.05Payment Permitted If No Default............................... 90 SECTION 13.4. Subrogation to Rights of Holders of Senior Debt..................... 94 Section 10.06............... 90 SECTION 13.5. Provisions Solely To to Define Relative Rights......................... 95 Section 10.07................... 91 SECTION 13.6. Trustee To to Effectuate Subordination................................. 96 Section 10.08........................... 92 SECTION 13.7. No Waiver of Subordination Provisions............................... 96 Section 10.09.......................... 92

SUBORDINATION OF SECURITIES. 1. Securities Subordinate to Senior Debt............................... 89 Section 10.02Indebtedness................ 56 SECTION 13.2. No Payment When Senior Indebtedness in Default; Payment Over of Proceeds upon Upon Dissolution, etc...................... 89 Section 10.03Etc............................ 56 SECTION 13.3. Suspension of Payment When Senior Debt in Permitted If No Default................... 91 Section 10.04. Trustee's Relation to Senior Debt................................... 94 Section 10.05.............................. 57 SECTION 13.4. Subrogation to Rights of Holders of Senior Debt..................... 94 Section 10.06. Provisions Solely To Define Relative Rights......................... 95 Section 10.07. Trustee To Effectuate Subordination................................. 96 Section 10.08. No Waiver of Subordination Provisions............................... 96 Section 10.09.Indebtedness....

SUBORDINATION OF SECURITIES. 58 Section 12.1. Securities Subordinate to Senior Debt............................... 89 ......................58 Section 10.0212.2. Payment Over of Proceeds upon Dissolution, etc...................... 89 Section 10.03. Suspension of No Payment When Senior Debt in Default................... 91 ; Payment Over of Proceeds Upon Dissolution, Etc. ...................58 Section 10.0412.3. Trustee's Relation to Senior Debt................................... 94 Payment Permitted If No Default............................59 Section 10.0512.4. Subrogation to Rights of Holders of Senior Debt..................... 94 ............60 Section 10.0612.5. Provisions Solely To to Define Relative Rights......................... 95 Section 10.07. Trustee To Effectuate Subordination................................. 96 Section 10.08. No Waiver of Subordination Provisions............................... 96 Section 10.09.................60

SUBORDINATION OF SECURITIES. Section 13.1. Securities Subordinate to Senior Debt............................... 89 Indebtedness...................... 77 Section 10.0213.2. No Payment When Senior Indebtedness in Default; Payment Over of Proceeds upon Upon Dissolution, etc...................... 89 Etc. ....................... 78 Section 10.0313.3. Suspension of Payment When Senior Debt in Permitted If No Default................... 91 ............ 80 Section 10.04. Trustee's Relation to Senior Debt................................... 94 Section 10.0513.4. Subrogation to Rights of Holders of Senior Debt..................... 94 Indebtedness...................... 80 Section 10.0613.5. Provisions Solely To to Define Relative Rights......................... 95 .......................... 80 Section 10.07. Trustee To Effectuate Subordination................................. 96 Section 10.08. No Waiver of Subordination Provisions............................... 96 Section 10.0913.6.

SUBORDINATION OF SECURITIES. Section 13.1. Securities Subordinate to Senior Debt............................... 89 Indebtedness........................... 67 Section 10.0213.2. No Payment When Senior Indebtedness in Default; Payment Over of Proceeds upon Upon Dissolution, etc...................... 89 Etc................................................... 68 Section 10.03. Suspension of 13.3 Payment When Senior Debt in Permitted If No Default................... 91 ......................................... 69 Section 10.04. Trustee's Relation to Senior Debt................................... 94 Section 10.0513.4. Subrogation to Rights of Holders of Senior Debt..................... 94 Indebtedness..................................................... 69 Section 10.0613.5. Provisions Solely To to Define Relative Rights......................... 95 ............................. 70 Section 10.07. Trustee To Effectuate Subordination................................. 96 Section 10.08. No Waiver of Subordination Provisions............................... 96 Section 10.0913.6.

SUBORDINATION OF SECURITIES. Securities Subordinate 50 Section 12.01. Agreement to Senior Debt............................... 89 Subordinate....................................50 Section 10.0212.02. Payment Over Payments to Holders of Proceeds upon Dissolution, etc...................... 89 Securities...........................50 Section 10.0312.03. Suspension of No Payment When Senior Debt Is In Default...................51 Section 12.04. Payment Permitted in Default................... 91 Certain Situations.....................51 Section 10.04. Trustee's Relation to Senior Debt................................... 94 Section 10.0512.05. Subrogation to Rights of Holders of Senior Debt..................... 94 Section 10.06. Provisions Solely To Define Relative Rights......................... 95 Section 10.07. Trustee To Effectuate Subordination................................. 96 Section 10.08. No Waiver .............52 - iii - Table of Subordination Provisions............................... 96 Section 10.09.Contents ----------------- (continued)

SUBORDINATION OF SECURITIES. 60 Section 12.1. Securities Subordinate to Senior Debt............................... 89 .....................60 Section 10.0212.2. Payment Over of Proceeds upon Dissolution, etc...................... 89 Section 10.03. Suspension of No Payment When Senior Debt in Default................... 91 ; Payment Over of Proceeds Upon Dissolution, Etc.........................60 Section 10.0412.3. Trustee's Relation to Senior Debt................................... 94 Payment Permitted If No Default...........................62 Section 10.0512.4. Subrogation to Rights of Holders of Senior Debt..................... 94 ...........62 Section 10.0612.5. Provisions Solely To to Define Relative Rights......................... 95 Section 10.07. Trustee To Effectuate Subordination................................. 96 Section 10.08. No Waiver of Subordination Provisions............................... 96 Section 10.09................62