Common use of SUBORDINATION OF SECURITIES Clause in Contracts

SUBORDINATION OF SECURITIES. 85 SECTION 13.1. Securities Subordinate to Senior Indebtedness.............................. 85 SECTION 13.2. No Payment When Senior Indebtedness in Default; Payment Over of Proceeds Upon Dissolution, Etc..................... 86 SECTION 13.3. Payment Permitted if no Default........... 88 SECTION 13.4. Subrogation to Rights of Holders of Senior Indebtedness....................... 88 SECTION 13.5. Provisions Solely to Define Relative Rights.................................... 89 SECTION 13.6.

SUBORDINATION OF SECURITIES. 85 57 SECTION 13.1. Securities Subordinate to Senior Indebtedness.............................. 85 ............................................... 57 SECTION 13.2. No Payment When Senior Indebtedness in Default; Payment Over of Proceeds Upon Dissolution, Etc..................... 86 ...................................... 57 SECTION 13.3. 13.3 Payment Permitted if no If No Default........... 88 ............................ 59 SECTION 13.4. Subrogation to Rights of Holders of Senior Indebtedness....................... 88 ........................................ 59 SECTION 13.5. Provisions Solely to Define Relative Rights.................................... 89 ..................................................... 59 SECTION 13.6.

SUBORDINATION OF SECURITIES. 85 69 SECTION 13.1. Securities Subordinate to Senior Indebtedness.............................. 85 . ............................. 69 SECTION 13.2. No Payment When Senior Indebtedness in Default; Payment Over of Proceeds Upon Dissolution, Etc..................... 86 ...................................... 69 SECTION 13.3. Payment Permitted if no If No Default........... 88 ............................................. 71 SECTION 13.4. Subrogation to Rights of Holders of Senior Indebtedness....................... 88 ..................... 71 SECTION 13.5. Provisions Solely to Define Relative Rights.................................... 89 . ............................... 72 SECTION 13.6.

SUBORDINATION OF SECURITIES. 85 66 SECTION 13.1. Securities 1601.Securities Subordinate to Senior Indebtedness.............................. 85 Indebtedness ..........66 SECTION 13.2. No Payment When Senior Indebtedness in Default; Payment 1602.Payment Over of Proceeds Upon Dissolution, Etc..................... 86 of Securities .................66 SECTION 13.3. Payment Permitted if no Default........... 88 SECTION 13.4. Subrogation to Rights of 1603.Disputes with Holders of Certain Senior Indebtedness....................... 88 Indebtedness ...67 SECTION 13.5. Provisions Solely to Define Relative Rights.................................... 89 1604.Subrogation ............................................68 SECTION 13.6.1605.Obligation of the Company Unconditional ................68 SECTION 1606.Priority of Senior Indebtedness Upon Maturity ..........68 SECTION 1607.Trustee as Holder of Senior Indebtedness ...............69

SUBORDINATION OF SECURITIES. 85 SECTION 13.1. Securities Subordinate to Senior Indebtedness.............................. 85 SECTION 13.2.................5 Section 12.02. No Payment Over of Proceeds upon Dissolution, etc................5 Section 12.03. Suspension of Payment When Senior Indebtedness in Default; Payment Over of Proceeds Upon Dissolution, Etc..................... 86 SECTION 13.3.....5 Section 12.04. Payment Permitted if no Default........... 88 SECTION 13.4Trustee's Relation to Senior Indebtedness.....................5 Section 12.05. Subrogation to Rights of Holders of Senior Indebtedness....................... 88 SECTION 13.5. Provisions Solely to Define Relative Rights.................................... 89 SECTION 13.6......

SUBORDINATION OF SECURITIES. 85 SECTION 13.113.01. Securities Subordinate Agreement to Senior Indebtedness.............................. 85 Subordinate.................................. 73 SECTION 13.213.02. No Payment When on Securities if Senior Indebtedness in Default; Payment Over of Proceeds Upon Dissolution, Etc..................... 86 ................................................ 73 SECTION 13.313.03. Payment Permitted if no Default........... 88 SECTION 13.4. Subrogation to Rights of Holders Priority of Senior Indebtedness....................... 88 ........................... 74 SECTION 13.513.04. Provisions Solely Company to Define Relative Rights.................................... 89 Give Notice of Certain Events; Reliance by Trustee................................................ 75 SECTION 13.613.05.

SUBORDINATION OF SECURITIES. 85 SECTION 13.1. 87 Section 15.1 Securities Subordinate to Senior Indebtedness.............................. 85 SECTION 13.2. No Payment When Senior Indebtedness in Default; ............................................ 87 Section 15.2 Payment Over of Proceeds Upon Dissolution, Etc..................... 86 SECTION 13.3. ........................................ 88 Section 15.3 Prior Payment to Senior Indebtedness Upon Acceleration of Securities.............................. 89 Section 15.4 No Payment When Senior Indebtedness in Default................................................. 89 Section 15.5 Payment Permitted if no If No Default........... 88 SECTION 13.4. Subrogation to Rights of Holders of Senior Indebtedness....................... 88 SECTION 13.5. Provisions Solely to Define Relative Rights.................................... 89 SECTION 13.6.......................... 90

SUBORDINATION OF SECURITIES. 85 SECTION 13.1. 45 Section 1301 Securities Subordinate to Senior Indebtedness.............................. 85 SECTION 13.2. ................................45 Section 1302 Payment Over of Proceeds Upon Dissolution, etc...............................45 Section 1303 No Payment When Senior Indebtedness in Default; Payment Over of Proceeds Upon Dissolution, Etc..................... 86 SECTION 13.3. ...............................46 Section 1304 Payment Permitted if no No Default........... 88 SECTION 13.4. ..............................................47 Section 1305 Subrogation to Rights of Holders of Senior Indebtedness....................... 88 SECTION 13.5. Provisions Solely to Define Relative Rights.................................... 89 SECTION 13.6.....................

SUBORDINATION OF SECURITIES. 85 66 SECTION 13.11601. Securities Subordinate to Senior Indebtedness.............................. 85 ......66 SECTION 13.21602. No Payment When Senior Indebtedness in Default; Payment Over of Proceeds Upon Dissolution, Etc..................... 86 of Securities.............66 SECTION 13.31603. Payment Permitted if no Default........... 88 SECTION 13.4. Subrogation to Rights of Disputes with Holders of Certain Senior Indebtedness....................... 88 .....................................67 SECTION 13.51604. Provisions Solely to Define Relative Rights.................................... 89 Subrogation........................................68 SECTION 13.61605. Obligation of the Company Unconditional............68 SECTION 1606.

SUBORDINATION OF SECURITIES. 85 91 SECTION 13.1. Securities Subordinate to Senior Indebtedness.............................. 85 ........................................ 91 SECTION 13.2. No Payment When Senior Indebtedness in Default; Payment Over of Proceeds Upon Dissolution, Etc..................... 86 ............................... 91 SECTION 13.3. Payment Permitted if no If No Default........... 88 ..................... 94 SECTION 13.4. Subrogation to Rights of Holders of Senior Indebtedness....................... 88 ................................. 94 SECTION 13.5. Provisions Solely to Define Relative Rights.................................... 89 .............................................. 95 SECTION 13.6.

SUBORDINATION OF SECURITIES. 85 24 SECTION 13.14.01. Securities Subordinate to Senior Indebtedness.............................. 85 .................................. 24 SECTION 13.24.02. No Payment over of Proceeds upon Dissolution, etc................................. 25 SECTION 4.03. Suspension of Payment When Designated Senior Indebtedness in Default; Payment Over of Proceeds Upon Dissolution, Etc..................... 86 ........... 26 SECTION 13.34.04. Payment Permitted if no If No Default........... 88 ................................................ 27 SECTION 13.44.05. Subrogation to Rights of Holders of Senior Indebtedness....................... 88 ........................ 27 SECTION 13.54.06. Provisions Solely to Define Relative Rights.................................... 89 28 SECTION 13.64.07.

SUBORDINATION OF SECURITIES. 85 SECTION 13.113.01. Securities Subordinate to Senior Indebtedness.............................. 85 .................64 SECTION 13.213.02. Payment over of Proceeds Upon Dissolution, Etc. of the Issuer........................................................64 SECTION 13.03. No Payment When Senior Indebtedness in Default; Payment Over of Proceeds Upon Dissolution, Etc..................... 86 Default in Payment.......................................................65 SECTION 13.313.04. Payment Permitted if no If No Default........... 88 ...............................65 SECTION 13.413.05. Subrogation to Rights of Holders of Senior Indebtedness....................... 88 SECTION 13.5. Provisions Solely to Define Relative Rights.................................... 89 SECTION 13.6.....

SUBORDINATION OF SECURITIES. 85 66 SECTION 13.1. Securities Subordinate to Senior Indebtedness.............................. 85 ......................................... 66 SECTION 13.2. No Payment When Senior Indebtedness in Default; Payment Over of Proceeds Upon Dissolution, Etc..................... 86 SECTION 13.3. Payment Permitted if no Default........... 88 SECTION 13.4. Subrogation to Rights of Holders of Senior Indebtedness....................... 88 SECTION 13.5. Provisions Solely to Define Relative Rights.................................... 89 SECTION 13.6....................................................................... 66

SUBORDINATION OF SECURITIES. 85 SECTION 13.14.01. Securities Subordinate to Senior Indebtedness.............................. 85 .................................................. 23 SECTION 13.24.02. No Payment over of Proceeds upon Dissolution, etc................................................. 23 SECTION 4.03. Suspension of Payment When Designated Senior Indebtedness in Default; Payment Over of Proceeds Upon Dissolution, Etc..................... 86 ........................... 25 SECTION 13.34.04. Payment Permitted if no If No Default........... 88 ................................................................ 26 SECTION 13.44.05. Subrogation to Rights of Holders of Senior Indebtedness....................... 88 ........................................ 26 SECTION 13.54.06. Provisions Solely to Define Relative Rights.................................... 89 .................................................... 26 SECTION 13.64.07.

SUBORDINATION OF SECURITIES. 85 SECTION 13.183 Section 17.1. Securities Subordinate to Senior Indebtedness.............................. 85 SECTION 13.2................................83 Section 17.2. No Payment When Senior Indebtedness in Default; Payment Over of Proceeds Upon Dissolution, Etc..................... ...............................84 Section 17.3. No Payment when Senior Indebtedness in Default...............................85 Section 17.4. Reliance by Senior Indebtedness on Subordination Provisions..................86 SECTION 13.3Section 17.5. Payment Permitted if no If No Default........... 88 SECTION 13.4..............................................86 Section 17.6. Subrogation to Rights of Holders of Senior Indebtedness....................... 88 SECTION 13.5......................86 Section 17.7. Provisions Solely to Define Relative Rights.................................... 89 SECTION 13.6..................................87 Section 17.8.

SUBORDINATION OF SECURITIES. 85 SECTION Section 13.1. Securities Subordinate to Senior Indebtedness.............................. 85 SECTION . .....................................76 Section 13.2. No Payment When Senior Indebtedness in Default; Payment Over of Proceeds Upon Dissolution, Etc..................... 86 SECTION .........................................76 Section 13.3. Payment Permitted if no If No Default........... 88 SECTION .....................................................77 Section 13.4. Subrogation to Rights of Holders of Senior Indebtedness....................... 88 SECTION 13.5. Provisions Solely to Define Relative Rights.................................... 89 SECTION 13.6..............................78

SUBORDINATION OF SECURITIES. 85 SECTION 13.1. Securities Subordinate to Senior Indebtedness.............................. 85 ........................................................... 71 SECTION 13.2. No Payment When Senior Indebtedness in Default; Payment Over of Proceeds Upon Dissolution, Etc..................... 86 ............................................................................. 71 SECTION 13.3. Payment Permitted if no If No Default........... 88 ......................................................................... 73 SECTION 13.4. Subrogation to Rights of Holders of Senior Indebtedness....................... 88 ................................................. 74 SECTION 13.5. Provisions Solely to Define Relative Rights.................................... 89 ............................................................. 74 SECTION 13.6.

SUBORDINATION OF SECURITIES. 85 SECTION 13.1. Securities Subordinate to Senior Indebtedness.............................. 85 ............................................ 82 SECTION 13.212.02. Payment Over of Proceeds Upon Dissolution, Etc. ...................................... 82 SECTION 12.03. No Payment When Senior Indebtedness in Default; Payment Over of Proceeds Upon Dissolution, Etc..................... 86 .............................................. 84 SECTION 13.312.04. Payment Permitted if no If No Default........... 88 ........................... 85 SECTION 13.412.05. Subrogation to Rights of Holders of Senior Indebtedness....................... 88 ..................................... 86 SECTION 13.512.06. Provisions Solely to To Define Relative Rights.................................... 89 .................................................. 86 SECTION 13.612.07.

SUBORDINATION OF SECURITIES. 85 101 SECTION 13.1. Securities Subordinate to Senior Indebtedness.............................. 85 ........................................101 SECTION 13.2. Payment Over of Proceeds Upon Dissolution, Etc.......................................101 SECTION 13.3. No Payment When Senior Indebtedness in Default; Payment Over of Proceeds Upon Dissolution, Etc..................... 86 .......................................102 SECTION 13.313.4. Payment Permitted if no If No Default........... 88 ......................................................103 SECTION 13.413.5. Subrogation to Rights of Holders of Senior Indebtedness....................... 88 ..............................103 SECTION 13.513.6. Provisions Solely to Define Relative Rights.................................... 89 ..........................................103 SECTION 13.613.7.

SUBORDINATION OF SECURITIES. 85 SECTION Section 13.1. Securities Subordinate to Senior Indebtedness.............................. 85 SECTION ........................... 65 Section 13.2. No Payment When Senior Indebtedness in Default; Payment Over of Proceeds Upon Dissolution, Etc..................... 86 SECTION 13.3. ................................................... 65 Section 13.3 Payment Permitted if no If No Default........... 88 SECTION ......................................... 66 Section 13.4. Subrogation to Rights of Holders of Senior Indebtedness....................... 88 SECTION ..................................................... 67 Section 13.5. Provisions Solely to Define Relative Rights.................................... 89 SECTION ............................. 67 Section 13.6.

SUBORDINATION OF SECURITIES. 85 SECTION 13.1. 82 Section 15.01 Securities Subordinate to Senior Indebtedness.............................. 85 SECTION 13.2. ............................................... 83 Section 15.02 Payment over of Proceeds upon Dissolution, Etc.............................................. 83 Section 15.03 No Payment When Senior Indebtedness in Default; Payment Over of Proceeds Upon Dissolution, Etc..................... 86 SECTION 13.3. .............................................. 84 Section 15.04 Payment Permitted if no No Default........... 88 SECTION 13.4. ............................................................. 84 Section 15.05 Subrogation to Rights of Holders of Senior Indebtedness....................... 88 SECTION 13.5. ..................................... 85 Section 15.06 Provisions Solely to Define Relative Rights.................................... 89 SECTION 13.6.................................................. 85

SUBORDINATION OF SECURITIES. 85 SECTION 13.112.01. Securities Subordinate to Senior Indebtedness.............................. 85 61 SECTION 13.212.02. Payment over of Proceeds upon Dissolution, Etc............................. 61 SECTION 12.03. No Payment When Senior Indebtedness in Default; Payment Over of Proceeds Upon Dissolution, Etc..................... 86 ............................. 62 SECTION 13.312.04. Payment Permitted if no If No Default........... 88 ............................................ 63 SECTION 13.412.05. Subrogation to Rights of Holders of Senior Indebtedness....................... 88 .................... 63 SECTION 13.512.06. Provisions Solely to Define Relative Rights.................................... 89 ................................ 63 SECTION 13.612.07.

SUBORDINATION OF SECURITIES. 85 SECTION 13.1. Section 13.1 Securities Subordinate to Senior Indebtedness.............................. 85 SECTION 13.2. No ..............105 Section 13.2 Payment Over of Proceeds upon Dissolution, etc.............105 Section 13.3 Suspension of Payment When Senior Indebtedness in Default; Payment Over of Proceeds Upon Dissolution, Etc..................... 86 SECTION 13.3. Payment Permitted if no Default........... 88 SECTION 13.4. Subrogation ..107 Section 13.4 Trustee's Relation to Rights of Holders of Senior Indebtedness....................... 88 SECTION ..................108 Section 13.5. Provisions Solely to Define Relative Rights.................................... 89 SECTION 13.6.

SUBORDINATION OF SECURITIES. 85 SECTION 13.1. 105 Section 14.1 Securities Subordinate to Senior Indebtedness.............................. 85 SECTION 13.2...................................................105 Section 14.2 Payment over of Proceeds upon Dissolution, etc. No ................................................106 Section 14.3 Suspension of Payment When Senior Indebtedness in Default; Payment Over of Proceeds Upon Dissolution, Etc..................... 86 SECTION 13.3. .......................................107 Section 14.4 Payment Permitted if no If No Default........... 88 SECTION 13.4. .................................................................108 Section 14.5 Subrogation to Rights of Holders of Senior Indebtedness....................... 88 SECTION 13.5. .........................................108 Section 14.6 Provisions Solely to Define Relative Rights.................................... 89 SECTION 13.6......................................................108 Section 14.7

SUBORDINATION OF SECURITIES. 85 SECTION 13.164 Section 12.1. Securities Subordinate to Senior Indebtedness.............................. 85 SECTION 13.2.............. 64 Section 12.2. No Payment When Senior Indebtedness in Default; Payment Over of Proceeds Upon Dissolution, Etc..................... 86 SECTION 13.3............. 64 Section 12.3. Prior Payment to Senior Indebtedness Upon Acceleration of Securities.............................................. 65 Section 12.4. No Payment When Specified Senior Indebtedness in Default... 66 Section 12.5. Payment Permitted if no If No Default........... 88 SECTION 13.4............................ 66 Section 12.6. Subrogation to Rights of Holders of Senior Indebtedness....................... 88 SECTION 13.5. Provisions Solely to Define Relative Rights.................................... 89 SECTION 13.6...

SUBORDINATION OF SECURITIES. 85 SECTION 13.1. 13.1 Securities Subordinate to Senior Indebtedness.............................. 85 ................... 66 SECTION 13.2. 13.2 No Payment When Senior Indebtedness in Default; Payment Over of Proceeds Upon Dissolution, Etc..................... 86 .................................. 66 SECTION 13.3. 13.3 Payment Permitted if no If No Default........... 88 ................................. 68 SECTION 13.4. 13.4 Subrogation to Rights of Holders of Senior Indebtedness....................... 88 SECTION 13.5. Provisions Solely to Define Relative Rights.................................... 89 SECTION 13.6.......... 68

SUBORDINATION OF SECURITIES. 85 23 SECTION 13.14.01. Securities Subordinate to Senior Indebtedness.............................. 85 Indebtedness ........................... 23 SECTION 13.24.02. No Payment over of Proceeds upon Dissolution, etc .......................... 24 SECTION 4.03. Suspension of Payment When Designated Senior Indebtedness in Default; Payment Over of Proceeds Upon Dissolution, Etc..................... 86 Default .................................................... 25 SECTION 13.34.04. Payment Permitted if no Default........... 88 If No Default ......................................... 26 SECTION 13.44.05. Subrogation to Rights of Holders of Senior Indebtedness....................... 88 Indebtedness ................. 26 SECTION 13.54.06. Provisions Solely to Define Relative Rights.................................... 89 Rights ............................. 27 SECTION 13.64.07.

SUBORDINATION OF SECURITIES. 85 SECTION 13.1. Section 13.1 Securities Subordinate to Senior Indebtedness.............................. 85 SECTION 13.2. .................................... 74 Section 13.2 No Payment When Senior Indebtedness in Default; Payment Over of Proceeds Upon Dissolution, Etc..................... 86 SECTION 13.3. .............................................. 74 Section 13.3 Payment Permitted if no If No Default........... 88 SECTION 13.4. .................................................... 76 Section 13.4 Subrogation to Rights of Holders of Senior Indebtedness....................... 88 SECTION 13.5. ............................ 76 Section 13.5 Provisions Solely to Define Relative Rights.................................... 89 SECTION . ...................................... 77 Section 13.6.

SUBORDINATION OF SECURITIES. 85 SECTION 13.1. 83 Section 15.01 Securities Subordinate to Senior Indebtedness.............................. 85 SECTION 13.2. .............................................83 Section 15.02 Payment over of Proceeds upon Dissolution, Etc............................................83 Section 15.03 No Payment When Senior Indebtedness in Default; Payment Over of Proceeds Upon Dissolution, Etc..................... 86 SECTION 13.3. ............................................84 Section 15.04 Payment Permitted if no No Default........... 88 SECTION 13.4. ...........................................................85 Section 15.05 Subrogation to Rights of Holders of Senior Indebtedness....................... 88 SECTION 13.5. Provisions Solely to Define Relative Rights.................................... 89 SECTION 13.6....................................85

SUBORDINATION OF SECURITIES. 85 67 SECTION 13.1. Securities Subordinate to Senior Indebtedness.............................. 85 ......................................... 67 SECTION 13.2. No Payment When Senior Indebtedness in Default; Payment Over of Proceeds Upon Dissolution, Etc..................... 86 SECTION 13.3. Payment Permitted if no Default........... 88 SECTION 13.4. Subrogation to Rights of Holders of Senior Indebtedness....................... 88 SECTION 13.5. Provisions Solely to Define Relative Rights.................................... 89 SECTION 13.6..................................................................... 67

SUBORDINATION OF SECURITIES. 85 SECTION 13.1Section 1201. Securities Subordinate to Senior Indebtedness.............................. 85 SECTION 13.2............................................82 Section 1202. No Payment over of Proceeds upon Dissolution, Etc...........................................83 Section 1203. Suspension of Payment When Senior Indebtedness in Default; Payment Over of Proceeds Upon Dissolution, Etc..................... 86 SECTION 13.3. Payment Permitted if no Default........... 88 SECTION 13.4. Subrogation to Rights of Holders of Senior Indebtedness....................... 88 SECTION 13.5. Provisions Solely to Define Relative Rights.................................... 89 SECTION 13.6.Defau................................................................84

SUBORDINATION OF SECURITIES. 85 SECTION 13.1. 72 Section 15.01 Securities Subordinate to Senior Indebtedness.............................. 85 SECTION 13.2. No Payment When Senior Indebtedness in Default; ......... 72 Section 15.02 Payment Over of Proceeds Upon Dissolution, Etc..................... 86 SECTION 13.3. ........ 72 Section 15.03 Prior Payment to Senior Indebtedness Upon Acceleration of Securities...................................... 73 Section 15.04 No Payment When Senior Indebtedness in Default........ 74 Section 15.05 Payment Permitted if no If No Default........... 88 SECTION 13.4. ....................... 74 Section 15.06 Subrogation to Rights of Holders of Senior Indebtedness....................... 88 SECTION 13.5. ....................................... 74 Section 15.07 Provisions Solely to Define Relative Rights.................................... 89 SECTION 13.6............ 75 Section 15.08

SUBORDINATION OF SECURITIES. 85 SECTION 13.1. 13.1 Securities Subordinate to Senior Indebtedness.............................. 85 ......................................106 SECTION 13.2. No 13.2 Payment Over of Proceeds upon Dissolution, etc.....................................107 SECTION 13.3 Suspension of Payment When Senior Indebtedness in Default; Payment Over of Proceeds Upon Dissolution, Etc..................... 86 ..........................108 SECTION 13.3. Payment Permitted if no Default........... 88 13.4 Trustee's Relation to Senior Indebtedness..........................................110 SECTION 13.4. 13.5 Subrogation to Rights of Holders of Senior Indebtedness....................... 88 ............................110 SECTION 13.5. 13.6 Provisions Solely to To Define Relative Rights.................................... 89 ........................................111 SECTION 13.6.13.7

SUBORDINATION OF SECURITIES. 85 SECTION 13.1Section 1301. Securities Subordinate to Senior Indebtedness.............................. 85 SECTION 13.2...............................132 Section 1302. No Payment When Senior Indebtedness in Default; Payment Over of Proceeds Upon Dissolution, Etc..................... 86 SECTION 13.3etc..............................133 Section 1303. Suspension of Payment When Designated Senior Indebtedness in Default..................................................134 Section 1304. Payment Permitted if no No Default........... 88 SECTION 13.4.............................................136 Section 1305. Subrogation to Rights of Holders of Senior Indebtedness....................... 88 SECTION 13.5. Provisions Solely to Define Relative Rights.................................... 89 SECTION 13.6......................136

SUBORDINATION OF SECURITIES. 85 SECTION Section 13.1. Securities Subordinate to Senior Indebtedness.............................. 85 SECTION ........................... 72 Section 13.2. No Payment When Senior Indebtedness in Default; Payment Over of Proceeds Upon Dissolution, Etc..................... 86 SECTION 13.3. .......................... 73 Section 13.3 Payment Permitted if no If No Default........... 88 SECTION ......................................... 74 Section 13.4. Subrogation to Rights of Holders of Senior Indebtedness....................... 88 SECTION ................. 74 Section 13.5. Provisions Solely to Define Relative Rights.................................... 89 SECTION ............................. 75 Section 13.6.

SUBORDINATION OF SECURITIES. 85 64 SECTION 13.1. 12.01 Securities Subordinate Subordinated to Senior Indebtedness.............................. 85 ........... 64 SECTION 13.2. No Payment When Senior Indebtedness in Default; 12.02 Payment Over of Proceeds Upon Dissolution, Etc..................... 86 ........... 64 SECTION 13.3. 12.03 Acceleration of Securities............................... 65 SECTION 12.04 No Payment Permitted if no When Senior Indebtedness in Default........... 88 66 SECTION 13.4. 12.05 Subrogation to Rights of Holders of Senior Indebtedness....................... 88 .. 67 SECTION 13.5. Provisions Solely to Define Relative Rights.................................... 89 12.06 Obligations of the Company Unconditional................. 68 SECTION 13.6.12.07

SUBORDINATION OF SECURITIES. 85 SECTION 13.1Section 1301. Securities Subordinate to Senior Indebtedness.............................. 85 SECTION 13.2.............. 109 Section 1302. No Payment When Senior Indebtedness in Default; Payment Over of Proceeds Upon Dissolution, Etc..................... 86 SECTION 13.3etc............. 110 Section 1303. Suspension of Payment When Designated Senior Indebtedness in Default................................. 111 Section 1304. Payment Permitted if no No Default........... 88 SECTION 13.4............................ 113 Section 1305. Subrogation to Rights of Holders of Senior Indebtedness....................... 88 SECTION 13.5. Provisions Solely to Define Relative Rights.................................... 89 SECTION 13.6.....

SUBORDINATION OF SECURITIES. 85 73 SECTION 13.1. Securities Subordinate to Senior Indebtedness.............................. 85 .........................................73 SECTION 13.2. No Payment When Senior Indebtedness in Default; Payment Over of Proceeds Upon Dissolution, Etc..................... 86 ......................................................................73 SECTION 13.3. Payment Permitted if no If No Default........... 88 .......................................................75 SECTION 13.4. Subrogation to Rights of Holders of Senior Indebtedness....................... 88 SECTION 13.5. Provisions Solely to Define Relative Rights.................................... 89 SECTION 13.6.; Etc..........................75

SUBORDINATION OF SECURITIES. 85 91 SECTION 13.1. Securities Subordinate to Senior Indebtedness.............................. 85 .............................................. 91 SECTION 13.2. No Payment When Senior Indebtedness in Default; Payment Over of Proceeds Upon Dissolution, Etc..................... 86 ..................................... 91 SECTION 13.3. Payment Permitted if no If No Default........... 88 ........................... 94 SECTION 13.4. Subrogation to Rights of Holders of Senior Indebtedness....................... 88 ....................................... 94 SECTION 13.5. Provisions Solely to Define Relative Rights.................................... 89 .................................................... 95 SECTION 13.6.

SUBORDINATION OF SECURITIES. 85 SECTION 76 Section 13.1. Securities Subordinate to Senior Indebtedness.............................. 85 SECTION .............................................76 Section 13.2. No Payment When Senior Indebtedness in Default; Payment Over of Proceeds Upon Dissolution, Etc..................... 86 SECTION .......................................................................76 Section 13.3. Payment Permitted if no If No Default........... 88 SECTION ...........................................................78 Section 13.4. Subrogation to Rights of Holders of Senior Indebtedness....................... 88 SECTION ...................................78 Section 13.5. Provisions Solely to Define Relative Rights.................................... 89 SECTION ...............................................78 Section 13.6.

SUBORDINATION OF SECURITIES. 85 SECTION 58 Section 13.1. Securities Subordinate to Senior Indebtedness.............................. 85 SECTION ................................................58 Section 13.2. No Payment When Senior Indebtedness in Default; Payment Over of Proceeds Upon Dissolution, Etc..................... 86 SECTION ..........................................................................58 Section 13.3. Payment Permitted if no No Default........... 88 SECTION ..............................................................59 Section 13.4. Subrogation to Rights of Holders of Senior Indebtedness....................... 88 SECTION 13.5. Provisions Solely to Define Relative Rights.................................... 89 SECTION 13.6.....................................

SUBORDINATION OF SECURITIES. 85 SECTION 13.1. 117 Section 14.1 Securities Subordinate to Senior Indebtedness.............................. 85 SECTION 13.2. No .................117 Section 14.2 Payment Over of Proceeds upon Dissolution, etc................117 Section 14.3 Suspension of Payment When Senior Indebtedness in Default; Payment Over of Proceeds Upon Dissolution, Etc..................... 86 SECTION 13.3. Payment Permitted if no Default........... 88 SECTION 13.4. .....118 Section 14.4 Trustee's Relation to Senior Indebtedness.....................120 Section 14.5 Subrogation to Rights of Holders of Senior Indebtedness....................... 88 SECTION 13.5. Provisions Solely to Define Relative Rights.................................... 89 SECTION 13.6.....

SUBORDINATION OF SECURITIES. 85 SECTION 13.1. 105 Section 14.1 Securities Subordinate to Senior Indebtedness.............................. 85 SECTION 13.2. No ................................... 105 Section 14.2 Payment over of Proceeds upon Dissolution, etc.................................. 105 Section 14.3 Suspension of Payment When Senior Indebtedness in Default; Payment Over of Proceeds Upon Dissolution, Etc..................... 86 SECTION 13.3. ....................... 106 Section 14.4 Payment Permitted if no If No Default........... 88 SECTION 13.4. ................................................. 107 Section 14.5 Subrogation to Rights of Holders of Senior Indebtedness....................... 88 SECTION 13.5. ......................... 107 Section 14.6 Provisions Solely to Define Relative Rights.................................... 89 SECTION 13.6...................................... 108 Section 14.7

SUBORDINATION OF SECURITIES. 85 SECTION Section 13.1. Securities Subordinate to Senior Indebtedness.............................. 85 SECTION .................84 Section 13.2. No Payment When Senior Indebtedness in Default; Payment Over of Proceeds Upon Dissolution, Etc..................... etc................84 Section 13.3. Suspension of Payment When Designated Senior Indebtedness in Default....................................................86 SECTION 13.3Section 13.4. Payment Permitted if no No Default........... 88 SECTION 13.4...............................87 Section 13.5. Subrogation to Rights of Holders of Senior Indebtedness....................... 88 SECTION 13.5. Provisions Solely to Define Relative Rights.................................... 89 SECTION 13.6......

SUBORDINATION OF SECURITIES. 85 SECTION 13.151 Section 13.01. Securities Subordinate Agreement to Senior Indebtedness.............................. 85 SECTION 13.2Subordinate............................. 51 Section 13.02. No Payment When on Securities if Senior Indebtedness in Default; Payment Over of Proceeds Upon Dissolution, Etc..................... 86 SECTION 13.3. Payment Permitted if no Default........... 88 SECTION 13.4. Subrogation to Rights of Holders of Senior Indebtedness....................... 88 SECTION 13.5. Provisions Solely to Define Relative Rights.................................... 89 SECTION 13.6.............................................. 51 Section 13.03.

SUBORDINATION OF SECURITIES. 85 73 SECTION 13.1. Securities Subordinate to Senior Indebtedness.............................. 85 .......................................73 SECTION 13.2. No Payment When Senior Indebtedness in Default; Payment Over of Proceeds Upon Dissolution, Etc..................... 86 ..............................73 SECTION 13.3. Payment Permitted if no If No Default........... 88 ....................75 SECTION 13.4. Subrogation to Rights of Holders of Senior Indebtedness....................... 88 ................................75 SECTION 13.5. Provisions Solely to Define Relative Rights.................................... 89 .............................................75 SECTION 13.6.

SUBORDINATION OF SECURITIES. 85 SECTION 13.14.01. Securities Subordinate to Senior Indebtedness.............................. 85 ................................................. 24 SECTION 13.24.02. No Payment over of Proceeds upon Dissolution, etc................................................ 24 SECTION 4.03. Suspension of Payment When Designated Senior Indebtedness in Default; Payment Over of Proceeds Upon Dissolution, Etc..................... 86 .......................... 25 SECTION 13.34.04. Payment Permitted if no If No Default........... 88 ............................................................... 26 SECTION 13.44.05. Subrogation to Rights of Holders of Senior Indebtedness....................... 88 ....................................... 26 SECTION 13.54.06. Provisions Solely to Define Relative Rights.................................... 89 ................................................... 27 SECTION 13.64.07.

SUBORDINATION OF SECURITIES. 85 SECTION 13.1. 86 Section 12.01 Securities Subordinate to Senior Indebtedness.............................. 85 SECTION 13.2. No Payment When Senior Indebtedness in Default; .................................................. 86 Section 12.02 Payment Over of Proceeds Upon Dissolution, Etc..................... etc ................................................. 86 SECTION 13.3. Section 12.03 Suspension of Payment When Senior Indebtedness in Default ...................................... 87 Section 12.04 Payment Permitted if no Default........... No Default ................................................................ 88 SECTION 13.4. Section 12.05 Subrogation to Rights of Holders of Senior Indebtedness....................... Indebtedness ........................................ 88 SECTION 13.5. Section 12.06 Provisions Solely to Define Relative Rights.................................... 89 SECTION 13.6.Rights .................................................... 88 Section 12.07

SUBORDINATION OF SECURITIES. 85 SECTION 13.110.1. Securities Subordinate to Senior Indebtedness.............................. 85 ...........................................73 SECTION 13.210.2. No Payment Over of Proceeds upon Dissolution, etc..........................................74 SECTION 10.3. Suspension of Payment When Senior Indebtedness Is in Default; Payment Over of Proceeds Upon Dissolution, Etc..................... 86 ............................75 SECTION 13.310.4. Payment Permitted if no Default........... 88 Trustee's Relation to Senior Indebtedness...............................................77 SECTION 13.410.5. Subrogation to Rights of Holders of Senior Indebtedness....................... 88 .................................77 SECTION 13.510.6. Provisions Solely to To Define Relative Rights.................................... 89 .............................................78 SECTION 13.610.7.

SUBORDINATION OF SECURITIES. 85 74 SECTION 13.1. Securities Subordinate to Senior Indebtedness.............................. 85 ............................................74 SECTION 13.2. No Payment When Senior Indebtedness in Default; Payment Over of Proceeds Upon Dissolution, Etc..................... 86 ...................................74 SECTION 13.3. Payment Permitted if no If No Default........... 88 .........................75 SECTION 13.4. Subrogation to Rights of Holders of Senior Indebtedness....................... 88 .....................................76 SECTION 13.5. Provisions Solely to Define Relative Rights.................................... 89 ..................................................76 SECTION 13.6.

SUBORDINATION OF SECURITIES. 85 SECTION 13.1. Securities Subordinate to Senior Indebtedness.............................. 85 .................................... 67 SECTION 13.2. No Payment When Senior Indebtedness in Default; Payment Over of Proceeds Upon Dissolution, Etc..................... 86 ................................................................. 67 SECTION 13.3. Payment Permitted if no If No Default........... 88 .................................................. 69 SECTION 13.4. Subrogation to Rights of Holders of Senior Indebtedness....................... 88 .......................... 69 SECTION 13.5. Provisions Solely to Define Relative Rights.................................... 89 ...................................... 70 SECTION 13.6.

SUBORDINATION OF SECURITIES. 85 SECTION 13.112.01. Securities Subordinate to Senior Indebtedness.............................. 85 ..................................132 SECTION 13.212.02. No Payment of Proceeds Upon Dissolution, etc......................................133 SECTION 12.03. Suspension of Payment When Senior Indebtedness in Default; Payment Over of Proceeds Upon Dissolution, Etc..................... 86 ......................135 SECTION 13.312.04. Payment Permitted if no No Default........... 88 ................................................136 SECTION 13.412.05. Subrogation to Rights of Holders of Senior Indebtedness....................... 88 ........................137 SECTION 13.512.06. Provisions Solely to Define Relative Rights.................................... 89 ....................................137 SECTION 13.612.07.

SUBORDINATION OF SECURITIES. 85 54 SECTION 13.1. Securities Subordinate to Senior Indebtedness.............................. 85 ........................... 54 SECTION 13.2. No Payment When Senior Indebtedness in Default; Payment Over of Proceeds Upon Dissolution, Etc..................... 86 .............................. 55 SECTION 13.3. 13.3 Payment Permitted if no If No Default........... 88 ......................................... 56 SECTION 13.4. Subrogation to Rights of Holders of Senior Indebtedness....................... 88 ................. 56 SECTION 13.5. Provisions Solely to Define Relative Rights.................................... 89 ............................. 56 SECTION 13.6.

SUBORDINATION OF SECURITIES. 85 67 SECTION 13.1. Securities Subordinate to Senior Indebtedness.............................. 85 .........................................67 SECTION 13.2. No Payment When Senior Indebtedness in Default; Payment Over of Proceeds Upon Dissolution, Etc..................... 86 ......................................................................68 SECTION 13.3. Payment Permitted if no If No Default........... 88 .......................................................70 SECTION 13.4. Subrogation to Rights of Holders of Senior Indebtedness....................... 88 ; Etc..........................70 SECTION 13.5. Provisions Solely to Define Relative Rights.................................... 89 SECTION 13.6............................................70

SUBORDINATION OF SECURITIES. 85 SECTION 13.113.01. Securities Subordinate Agreement to Senior Indebtedness.............................. 85 Subordinate......................................67 SECTION 13.213.02. No Payment When on Securities if Senior Indebtedness in Default; Payment Over of Proceeds Upon Dissolution, Etc..................... 86 ..............................................................68 SECTION 13.3. Payment Permitted if no Default........... 88 SECTION 13.4. Subrogation to Rights of Holders of Senior Indebtedness....................... 88 SECTION 13.5. Provisions Solely to Define Relative Rights.................................... 89 SECTION 13.613.03.