Liquidation; Dissolution; Bankruptcy. Upon any payment or distribution of the assets of the Company to creditors upon a total or partial liquidation or a total or partial dissolution of the Company or in a bankruptcy, reorganization, insolvency, receivership or similar proceeding relating to the Company or its property:
Liquidation; Dissolution; Bankruptcy. (a) Upon any payment by the Company or distribution of assets of the Company of any kind or character, whether in cash, property or securities, to creditors upon any dissolution or winding-up or liquidation or reorganization of the Company, whether voluntary or involuntary or in bankruptcy, insolvency, receivership or other proceedings, all amounts due upon all Senior Indebtedness of the Company shall first be paid in full, or payment thereof provided for in money in accordance with its terms, before any payment is made by the Company on account of the principal or interest on the Debentures; and upon any such dissolution or winding-up or liquidation or reorganization, any payment by the Company, or distribution of assets of the Company of any kind or character, whether in cash, property or securities, to which the holders of the Debentures or the Trustee would be entitled to receive from the Company, except for the provisions of this Article XVI, shall be paid by the Company or by any receiver, trustee in bankruptcy, liquidating trustee, agent or other Person making such payment or distribution, or by the holders of the Debentures or by the Trustee under this Indenture if received by them or it, directly to the holders of Senior Indebtedness of the Company (pro rata to such holders on the basis of the respective amounts of Senior Indebtedness held by such holders, as calculated by the Company) or their representative or representatives, or to the trustee or trustees under any indenture pursuant to which any instruments evidencing such Senior Indebtedness may have been issued, as their respective interests may appear, to the extent necessary to pay such Senior Indebtedness in full, in money or money's worth, after giving effect to any concurrent payment or distribution to or for the holders of such Senior Indebtedness, before any payment or distribution is made to the holders of Debentures or to the Trustee.
Liquidation; Dissolution; Bankruptcy. Upon any payment or distribution of the assets of any Subsidiary Guarantor to creditors upon a total or partial liquidation or a total or partial dissolution of such Subsidiary Guarantor or in a bankruptcy, reorganization, insolvency, receivership or similar proceeding relating to such Subsidiary Guarantor or its property:
Liquidation; Dissolution; Bankruptcy. Upon any distribution to creditors of the Company in a liquidation or dissolution of the Company or in a bankruptcy, reorganization, insolvency, receivership or similar proceeding relating to the Company or its property, an assignment for the benefit of creditors or any marshalling of the Company's assets and liabilities:
Liquidation; Dissolution; Bankruptcy. 56 16.4 Subrogation................................................................................57 16.5
Liquidation; Dissolution; Bankruptcy. 72 Section 12.03.
Liquidation; Dissolution; Bankruptcy. 75 Section 10.04 Default on Designated Senior Indebtedness..............75 Section 10.05 Acceleration of Securities.............................76 Section 10.06 When Distribution Must Be Paid Over....................76 Section 10.07 Notice by Company......................................76 Section 10.08 Subrogation............................................77 Section 10.09
Liquidation; Dissolution; Bankruptcy. 86 Section 10.03 Default on Designated Senior Debt........................................................... 86 Section 10.04 Acceleration of Notes....................................................................... 88 Section 10.05 When Distribution Must be Paid Over......................................................... 88 Section 10.06 Notice by Company........................................................................... 89 Section 10.07 Subrogation................................................................................. 89 Section 10.08 Relative Rights............................................................................. 89 Section 10.09 Subordination May Not be Impaired by Company................................................ 90 Section 10.10 Distribution or Notice to Representative.................................................... 90 Section 10.11 Rights of Trustee and Paying Agent.......................................................... 90 Section 10.12 Authorization to Effect Subordination....................................................... 91
Liquidation; Dissolution; Bankruptcy. 72 Section 10.3 Default on Designated Senior Debt.......................73 Section 10.4 Acceleration of Notes...................................74 Section 10.5 When Distribution Must Be Paid Over.....................74 Section 10.6 Notice by the Company...................................74 Section 10.7 Subrogation.............................................74 Section 10.8 Relative Rights.........................................75 Section 10.9 Subordination May Not Be Impaired by the Company........75 Section 10.10 Distribution or Notice to Representative................76 Section 10.11 Rights of Trustee and Paying Agent......................76 Section 10.12 Authorization to Effect Subordination...................77 Section 10.13 Amendments..............................................77
Liquidation; Dissolution; Bankruptcy. 71 Section 17.4 Subrogation .................................................................................72 Section 17.5
