Common use of Liquidation; Dissolution; Bankruptcy Clause in Contracts

Liquidation; Dissolution; Bankruptcy. 50 SECTION 11.3 Default on Senior Indebtedness and/or Designated Senior Indebtedness...................... 50 SECTION 11.4 Acceleration of Notes..................................................................... 51 SECTION 11.5 When Distribution Must Be Paid Over....................................................... 52 SECTION 11.6

Liquidation; Dissolution; Bankruptcy. 50 SECTION 11.3 75 Section 10.04 Default on Senior Indebtedness and/or Designated Senior Indebtedness...................... 50 SECTION 11.4 ..............75 Section 10.05 Acceleration of Notes..................................................................... 51 SECTION 11.5 Securities.............................76 Section 10.06 When Distribution Must Be Paid Over....................................................... 52 SECTION 11.6....................76 Section 10.07 Notice by Company......................................76 Section 10.08 Subrogation............................................77 Section 10.09

Liquidation; Dissolution; Bankruptcy. 50 SECTION 11.3 30 Section 10.4 Default on Senior Indebtedness and/or Designated Senior Indebtedness...................... 50 SECTION 11.4 ................................... 30 Section 10.5 Acceleration of Notes..................................................................... 51 SECTION 11.5 Debentures....................................... 31 Section 10.6 When Distribution Must Be be Paid Over....................................................... 52 SECTION 11.6.............................. 31 Section 10.7 Notice by Company................................................ 32

Liquidation; Dissolution; Bankruptcy. 50 SECTION 11.3 83 Section 11.3. Default on Senior Indebtedness and/or Designated Senior Indebtedness...................... 50 SECTION 11.4 .......................................... 84 Section 11.4. Acceleration of Notes..................................................................... 51 SECTION 11.5 ................................................... 85 Section 11.5. When Distribution Must Be be Paid Over....................................................... 52 SECTION 11.6..................................... 85

Liquidation; Dissolution; Bankruptcy. 50 SECTION 11.3 53 Section 11.03 Default on Senior Indebtedness Debt and/or Designated Senior Indebtedness...................... 50 SECTION 11.4 ............................................... 53 Section 11.04 Acceleration of Convertible Subordinated Notes..................................................................... 51 SECTION 11.5 ............. 54 Section 11.05 When Distribution Must Be Paid Over....................................................... 52 SECTION 11.6........................ 54 Section 11.06

Liquidation; Dissolution; Bankruptcy. 50 SECTION 11.3 80 Section 10.03 Default on Senior Indebtedness and/or Designated Senior Indebtedness...................... 50 SECTION 11.4 Debt...................................................... 80 Section 10.04 Acceleration of Notes..................................................................... 51 SECTION 11.5 .................................................................. 81 Section 10.05 When Distribution Must Be Paid Over....................................................... 52 SECTION 11.6.................................................... 81 Section 10.06 Notice by Company...................................................................... 82 Section 10.07 Subrogation............................................................................ 82 Section 10.08

Liquidation; Dissolution; Bankruptcy. 50 SECTION 11.3 73 Section 12.03. Default on Senior Indebtedness and/or Designated Senior Indebtedness...................... 50 SECTION 11.4 Debt..................................73 Section 12.04. Acceleration of Notes..................................................................... 51 SECTION 11.5 ..............................................74 Section 12.05. When Distribution Must Be Paid Over....................................................... 52 SECTION 11.6................................74 Section 12.06. Notice by the Company..............................................75 Section 12.07. Subrogation........................................................75

Liquidation; Dissolution; Bankruptcy. 50 SECTION 11.3 69 Section 10.03 Default on Senior Indebtedness and/or Designated Senior Indebtedness...................... 50 SECTION 11.4 Debt..............................70 Section 10.04 Acceleration of Notes..................................................................... 51 SECTION 11.5 ..........................................70 Section 10.05 When Distribution Must Be Paid Over....................................................... 52 SECTION 11.6............................70 Section 10.06 Notice by Company..............................................71 Section 10.07 Subrogation....................................................71 Section 10.08

Liquidation; Dissolution; Bankruptcy. 50 SECTION 11.3 4 Section 10.03. Default on Senior Indebtedness and/or Designated Senior Indebtedness...................... 50 SECTION 11.4 Debt..............................4 Section 10.04. Acceleration of Notes..................................................................... 51 SECTION 11.5 ..........................................5 Section 10.05. When Distribution Must Be Paid Over....................................................... 52 SECTION 11.6............................5 Section 10.06. Notice by Company..............................................5 Section 10.07. Subrogation....................................................6 Section 10.08. Relative Rights..............................................

Liquidation; Dissolution; Bankruptcy. 50 74 SECTION 11.3 11.03 Default on Senior Indebtedness and/or Designated Senior Indebtedness...................... 50 .............................................. 75 SECTION 11.4 11.04 Acceleration of Notes..................................................................... 51 .................................................................. 76 SECTION 11.5 11.05 When Distribution Must Be Paid Over....................................................... 52 .................................................... 76 SECTION 11.611.06 Notice by the Company.................................................................. 76 SECTION 11.07 Subrogation............................................................................ 76 SECTION 11.08

Liquidation; Dissolution; Bankruptcy. 50 SECTION 11.3 79 Section 10.04. Default on Senior Indebtedness and/or Designated Senior Indebtedness...................... 50 SECTION 11.4 Debt.........................79 Section 10.05. Acceleration of Notes..................................................................... 51 SECTION 11.5 .....................................80 Section 10.06. When Distribution Must Be Paid Over....................................................... 52 SECTION 11.6.......................80

Liquidation; Dissolution; Bankruptcy. 50 SECTION 11.3 74 Section 10.04 Default on Senior Indebtedness and/or Designated Senior Indebtedness...................... 50 SECTION 11.4 Acceleration Debt..........................................................75 Section 10.05 Occurrence of Notes..................................................................... 51 SECTION 11.5 an Event of Default..........................................................75 Section 10.06 When Distribution Must Be Paid Over....................................................... 52 SECTION 11.6........................................................75 Section 10.07

Liquidation; Dissolution; Bankruptcy. 50 SECTION 11.3 41 Section 6.3 Default on Senior Indebtedness and/or Designated Senior Indebtedness...................... 50 SECTION 11.4 ........................ 41 Section 6.4 Acceleration of Notes..................................................................... 51 SECTION 11.5 ................................. 42 Section 6.5 When Distribution Must Be Paid Over....................................................... 52 SECTION 11.6................... 42 Section 6.6 Notice by Company..................................... 43 Section 6.7 Subrogation........................................... 43 Section 6.8

Liquidation; Dissolution; Bankruptcy. 50 89 SECTION 11.3 10.03 Default on Senior Indebtedness and/or Designated Senior Indebtedness...................... 50 Debt.......................................................... 89 SECTION 11.4 10.04 Acceleration of Notes..................................................................... 51 ...................................................................... 90 SECTION 11.5 10.05 When Distribution Must Be Paid Over....................................................... 52 SECTION 11.6........................................................ 90

Liquidation; Dissolution; Bankruptcy. 50 85 SECTION 11.3 10.04. Default on Senior Indebtedness and/or Designated Senior Indebtedness...................... 50 Debt.......................86 SECTION 11.4 10.05. Acceleration of Notes..................................................................... 51 ...................................87 SECTION 11.5 10.06. When Distribution Must Be Paid Over....................................................... 52 .....................87 SECTION 11.610.07.

Liquidation; Dissolution; Bankruptcy. 50 SECTION 11.3 79 Section 10.03 Default on Senior Indebtedness and/or Designated Senior Indebtedness...................... 50 SECTION 11.4 ..............80 Section 10.04 Acceleration of Notes..................................................................... 51 SECTION 11.5 Securities.............................81 Section 10.05 When Distribution Must Be Paid Over....................................................... 52 SECTION 11.6....................81 Section 10.06 Notice to Trustee......................................81 Section 10.07 Subrogation............................................82 Section 10.08

Liquidation; Dissolution; Bankruptcy. 50 SECTION 11.3 66 Section 10.03. Default on Senior Indebtedness and/or Designated Senior Indebtedness...................... 50 SECTION 11.4 Debt................................. 66 Section 10.04. Acceleration of Notes..................................................................... 51 SECTION 11.5 .................................. 67 Section 10.05. When Distribution Must Be Paid Over....................................................... 52 SECTION 11.6.................... 67 Section 10.06. Notice by Company...................................... 68 Section 10.07. Subrogation..........................................

Liquidation; Dissolution; Bankruptcy. 50 SECTION 11.3 66 Section 10.04. Default on Senior Indebtedness and/or Designated Senior Indebtedness...................... 50 SECTION 11.4 ..................66 Section 10.05. Acceleration of Notes..................................................................... 51 SECTION 11.5 Securities.................................67 Section 10.06. When Distribution Must Be Paid Over....................................................... 52 SECTION 11.6........................67 Section 10.07. Notice by Company..........................................67 Section 10.08. Subrogation................................................67

Liquidation; Dissolution; Bankruptcy. 50 64 SECTION 11.3 11.03 Default on Senior Indebtedness and/or Designated Senior Indebtedness...................... 50 ..............................................64 SECTION 11.4 Acceleration of Notes..................................................................... 51 SECTION 11.5 11.04 When Distribution Must Be Paid Over....................................................... 52 ....................................................65 SECTION 11.611.05 Notice by the Company..................................................................66 SECTION 11.06 Subrogation............................................................................66 SECTION 11.07

Liquidation; Dissolution; Bankruptcy. 50 SECTION 11.3 41 Section 8.03. Default on Designated Senior Indebtedness and/or Designated Senior Indebtedness...................... 50 SECTION 11.4 .......................... 42 Section 8.04. Acceleration of Notes..................................................................... 51 SECTION 11.5 Notes .............................................. 43 Section 8.05. When Distribution Must Be Paid Over....................................................... 52 SECTION 11.6Over ................................ 43 Section 8.06. Notice by Company .................................................. 44 Section 8.07. Subrogation ........................................................ 44 Section 8.08. Relative Rights .................................................... 44

Liquidation; Dissolution; Bankruptcy. 50 SECTION 11.3 42 Section 14.4 Default on Senior Indebtedness and/or Designated Senior Indebtedness...................... 50 SECTION 11.4 Acceleration of Notes..................................................................... 51 SECTION 11.5 ............................. 42 Section 14.5 When Distribution Must Be Paid Over....................................................... 52 SECTION 11.6........................ 42 Section 14.6 Notice by Company.......................................... 43 Section 14.7 Subrogation................................................ 43 Section 14.8

Liquidation; Dissolution; Bankruptcy. 50 SECTION 11.3 44 Section 13.03. Default on Senior Indebtedness and/or Designated On Senior Indebtedness...................... 50 SECTION 11.4 ...............................45 Section 13.04. Acceleration of Notes..................................................................... 51 SECTION 11.5 ........................................45 Section 13.05. When Distribution Must Be Paid Over....................................................... 52 SECTION 11.6..........................45 Section 13.06. Notice By The Issuers........................................45 Section 13.07. Subrogation..................................................46 Section 13.08. Relative Rights............................................

Liquidation; Dissolution; Bankruptcy. 50 86 SECTION 11.3 10.04 Default on Senior Indebtedness and/or Designated Senior Indebtedness...................... 50 Debt.......................................................86 SECTION 11.4 10.05 Acceleration of Notes..................................................................... 51 ...................................................................87 SECTION 11.5 10.06 When Distribution Must Be Paid Over....................................................... 52 .....................................................87 SECTION 11.610.07

Liquidation; Dissolution; Bankruptcy. 50 SECTION 11.3 51 Section 13.3. Default on Senior Indebtedness and/or Designated Senior Indebtedness...................... 50 SECTION 11.4 Debt......................52 Section 13.4. Acceleration of Notes..................................................................... 51 SECTION 11.5 Securities.............................53 Section 13.5. When Distribution Must Be be Paid Over....................................................... 52 SECTION 11.6....................53 Section 13.6. Notice By Company......................................53 Section 13.7. Subrogation............................................54 Section 13.8. Relative Rights......................................

Liquidation; Dissolution; Bankruptcy. 50 SECTION 11.3 62 Section 10.03 Default on Senior Indebtedness and/or Designated Senior Indebtedness...................... 50 SECTION 11.4 Debt ............................ 63 Section 10.04 Acceleration of Notes..................................................................... 51 SECTION 11.5 Debentures ................................... 64 Section 10.05 When Distribution Must Be Paid Over....................................................... 52 SECTION 11.6Over .......................... 64 Section 10.06 Notice by Company ............................................ 64 Section 10.07 Subrogation .................................................. 64 Section 10.08

Liquidation; Dissolution; Bankruptcy. 50 SECTION 11.3 70 Section 10.03 Default on Senior Indebtedness and/or Designated Senior Indebtedness...................... 50 SECTION 11.4 Debt.........................................................71 Section 10.04 Acceleration of Notes..................................................................... 51 SECTION 11.5 .....................................................................72 Section 10.05 When Distribution Must Be Paid Over....................................................... 52 SECTION 11.6.......................................................72 Section 10.06 Notice By The Issuers.....................................................................72 (iii)

Liquidation; Dissolution; Bankruptcy. 50 SECTION 11.3 69 Section 10.03. Default on Senior Indebtedness and/or Designated Senior Indebtedness...................... 50 SECTION 11.4 Debt........................... 70 Section 10.04. Acceleration of Notes..................................................................... 51 SECTION 11.5 ....................................... 72 Section 10.05. When Distribution Must Be Paid Over....................................................... 52 SECTION 11.6......................... 72 Section 10.06. Notice by Company........................................... 72 Section 10.07. Subrogation................................................. 72 Section 10.08. Relative Rights............................................. 73

Liquidation; Dissolution; Bankruptcy. 50 74 SECTION 11.3 10.03 Default on Senior Indebtedness and/or Designated Senior Indebtedness...................... 50 Debt........................... 75 SECTION 11.4 10.04 Acceleration of Notes..................................................................... 51 ....................................... 76 SECTION 11.5 10.05 When Distribution Must Be be Paid Over....................................................... 52 ......................... 76 SECTION 11.610.06 Notice by Company........................................... 76 SECTION 10.07 Subrogation................................................. 77 SECTION 10.08

Liquidation; Dissolution; Bankruptcy. 50 SECTION 11.3 33 Section 10.03. Default on Designated Senior Indebtedness and/or Designated Senior Indebtedness...................... 50 SECTION 11.4 .................... 34 Section 10.04. Acceleration of Notes..................................................................... 51 SECTION 11.5 Notes ........................................ 34 Section 10.05. When Distribution Must Be Paid Over....................................................... 52 SECTION 11.6Over .......................... 35 Section 10.06. Notice by Company ............................................ 35 Section 10.07. Subrogation .................................................. 35 Section 10.08. Relative Rights .............................................. 36

Liquidation; Dissolution; Bankruptcy. 50 SECTION 11.3 63 Section 15.3 Default on On Senior Indebtedness and/or Designated Senior Indebtedness...................... 50 SECTION 11.4 Debt...................................................63 Section 15.4 Acceleration of Notes..................................................................... 51 SECTION 11.5 Securities...............................................64 Section 15.5 When Distribution Must Be be Paid Over....................................................... 52 SECTION 11.6......................................64 Section 15.6

Liquidation; Dissolution; Bankruptcy. 50 SECTION 11.3 72 Section 10.4. Default on Senior Indebtedness and/or Designated Senior Indebtedness...................... 50 SECTION 11.4 .......................................... 74 Section 10.5. Acceleration of Notes..................................................................... 51 SECTION 11.5 .............................................................. 74 Section 10.6. When Distribution Must Be Paid Over....................................................... 52 SECTION 11.6................................................ 75 Section 10.7.

Liquidation; Dissolution; Bankruptcy. 50 SECTION 11.3 65 Section 10.04. Default on Senior Indebtedness and/or Designated Senior Indebtedness...................... 50 SECTION 11.4 ......................... 65 Section 10.05. Acceleration of Notes..................................................................... 51 SECTION 11.5 ............................................. 66 Section 10.06. When Distribution Must Be Paid Over............................... 66 Section 10.07. Notice by Company................................................. 66 Section 10.08. Subrogation....................................................... 52 SECTION 11.667 Section 10.09. Relative Rights.................................................

Liquidation; Dissolution; Bankruptcy. 50 21 SECTION 11.3 10.04 Default on Senior Indebtedness and/or Designated Senior Indebtedness...................... 50 ............................................ 21 SECTION 11.4 10.05 Acceleration of Notes..................................................................... 51 Debentures................................................ 22 SECTION 11.5 10.06 When Distribution Must Be be Paid Over....................................................... 52 ....................................... 22 SECTION 11.610.07 Notice by Company......................................................... 22 SECTION 10.08 Subrogation............................................................... 22 SECTION 10.09

Liquidation; Dissolution; Bankruptcy. 50 SECTION 11.3 54 Section 11.03 Default on Senior Indebtedness Debt and/or Designated Senior Indebtedness...................... 50 SECTION 11.4 Debt..........55 Section 11.04 Acceleration of Convertible Subordinated Notes..................................................................... 51 SECTION 11.5 ................56 Section 11.05 When Distribution Must Be Paid Over....................................................... 52 SECTION 11.6...........................56

Liquidation; Dissolution; Bankruptcy. 50 SECTION 11.3 79 Section 10.04. Default on Senior Indebtedness and/or Designated Senior Indebtedness...................... 50 SECTION 11.4 Debt......................... 79 Section 10.05. Acceleration of Senior Subordinated Notes..................................................................... 51 SECTION 11.5 ................. 80 Section 10.06. When Distribution Must Be Paid Over....................................................... 52 SECTION 11.6....................... 80 Section 10.07. Notice by Company......................................... 81 Section 10.08. Subrogation............................................... 81 Section 10.09.

Liquidation; Dissolution; Bankruptcy. 50 SECTION 11.3 33 Section 5.03. Default on Senior Indebtedness and/or Designated Senior Indebtedness...................... 50 SECTION 11.4 ..............................................................34 Section 5.04. Acceleration of Notes..................................................................... 51 SECTION 11.5 When Distribution Must Be Paid Over....................................................... 52 SECTION 11.6.....................................................................

Liquidation; Dissolution; Bankruptcy. 50 36 SECTION 11.3 11.03. Default on Senior Indebtedness and/or Designated Senior IndebtednessDebt...................... 50 36 SECTION 11.4 11.04. Acceleration of Notes..................................................................... 51 .................................. 37 SECTION 11.5 11.05. When Distribution Must Be Paid Over....................................................... 52 SECTION 11.6.................... 37 TABLE OF CONTENTS (CONTINUED)

Liquidation; Dissolution; Bankruptcy. 50 SECTION 11.3 105 Section 11.03. Default on Senior Indebtedness and/or On Designated Senior Indebtedness...................... 50 SECTION 11.4 ..................................105 Section 11.04. Acceleration of Notes..................................................................... 51 SECTION 11.5 notes......................................................107 Section 11.05. When Distribution Must Be Paid Over....................................................... 52 SECTION 11.6distribution must be paid over........................................107 Section 11.06. Notice By The Company......................................................107 Section 11.07. Subrogation................................................................107 Section 11.08. Relative Rights............................................................108

Liquidation; Dissolution; Bankruptcy. 50 SECTION 11.3 64 Section 15.4 Default on Senior Indebtedness and/or Designated Senior Indebtedness...................... 50 SECTION 11.4 Acceleration of Notes..................................................................... 51 SECTION 11.5 ...............................64 Section 15.5 When Distribution Must Be Paid Over....................................................... 52 SECTION 11.6..........................65 Section 15.6 Notice by Company............................................65

Liquidation; Dissolution; Bankruptcy. 50 SECTION 11.3 56 Section 10.03. Default on Senior Indebtedness and/or Designated Senior Indebtedness...................... 50 SECTION 11.4 Debt.........................................57 Section 10.04. Acceleration of Notes..................................................................... 51 SECTION 11.5 .....................................................57 Section 10.05. When Distribution Must Be Paid Over....................................................... 52 SECTION 11.6.......................................58 Section 10.06.

Liquidation; Dissolution; Bankruptcy. 50 SECTION 11.3 69 Section 10.03 Default on Senior Indebtedness and/or Designated Senior Indebtedness...................... 50 SECTION 11.4 Debt..........................................................69 Section 10.04 Acceleration of Notes..................................................................... 51 SECTION 11.5 ......................................................................70 Section 10.05 When Distribution Must Be Paid Over....................................................... 52 SECTION 11.6........................................................70 Section 10.06 Notice by Company..........................................................................71 Section 10.07 Subrogation................................................................................71 Section 10.08

Liquidation; Dissolution; Bankruptcy. 50 SECTION 11.3 55 11.3. Default on Senior Indebtedness and/or Designated Senior Indebtedness...................... 50 SECTION 11.4 Acceleration of Notes..................................................................... 51 SECTION 11.5 Debt................................................56 11.4. Acceleration.....................................................................56 11.5. When Distribution Must Be Paid Over....................................................... 52 SECTION ..............................................56 11.6.

Liquidation; Dissolution; Bankruptcy. 50 SECTION 11.3 83 Section 11.03 Default on Senior Indebtedness and/or Designated Senior Indebtedness...................... 50 SECTION 11.4 Debt............................84 Section 11.04 Acceleration of Notes..................................................................... 51 SECTION 11.5 ........................................84 Section 11.05 When Distribution Must Be Paid Over....................................................... 52 SECTION 11.6..........................84 Section 11.06 Notice by Company............................................85 Section 11.07 Subrogation..................................................85 Section 11.08

Liquidation; Dissolution; Bankruptcy. 50 SECTION 11.3 38 Section 10.3 Default on of Senior Indebtedness and/or Designated Senior Indebtedness...................... 50 SECTION 11.4 Acceleration of Notes..................................................................... 51 SECTION 11.5 Debt .................................................... 39 Section 10.4 When Distribution Must Be Paid Over....................................................... 52 SECTION 11.6Over ....................................... 40 Section 10.5 Notice by Company ......................................................... 41 Section 10.6 Subrogation ............................................................... 41 Section 10.7

Liquidation; Dissolution; Bankruptcy. 50 SECTION 11.3 74 Section 10.03 Default on Senior Indebtedness and/or Designated Senior Indebtedness...................... 50 SECTION 11.4 Debt................................75 Section 10.04 Acceleration of Notes..................................................................... 51 SECTION 11.5 ............................................75 Section 10.05 When Distribution Must Be Paid Over....................................................... 52 SECTION 11.6..............................75 Section 10.06 Notice by Company................................................76 Section 10.07 Subrogation......................................................76 Section 10.08

Liquidation; Dissolution; Bankruptcy. 50 SECTION 11.3 85 Section 10.03 Default on Senior Indebtedness and/or Designated Senior Indebtedness...................... 50 SECTION 11.4 Debt ............................................... 85 Section 10.04 Acceleration of Notes..................................................................... 51 SECTION 11.5 Notes ........................................................... 86 Section 10.05 When Distribution Must Be Paid Over....................................................... 52 SECTION 11.6Over ............................................. 86 Section 10.06 Notice by Company ............................................................... 87 Section 10.07 Subrogation ..................................................................... 87 Section 10.08

Liquidation; Dissolution; Bankruptcy. 50 75 SECTION 11.3 14.3. Default on Senior Indebtedness and/or Designated Senior Indebtedness...................... 50 .....................................................................75 SECTION 11.4 14.4. Acceleration of Notes..................................................................... 51 Payment of Securities..............................................................76 SECTION 11.5 14.5. When Distribution Must Be Paid Over....................................................... 52 ................................................................76 SECTION 11.614.6. Subrogation. 77 SECTION 14.7.

Liquidation; Dissolution; Bankruptcy. 50 SECTION 11.3 11.03 Default on Senior Indebtedness Debt and/or Designated Senior Indebtedness...................... 50 Debt..........51 SECTION 11.4 11.04 Acceleration of Convertible Subordinated Notes..................................................................... 51 ................52 SECTION 11.5 11.05 When Distribution Must Be Paid Over....................................................... ...........................52 SECTION 11.611.06 Notice by Company.............................................53 SECTION 11.07 Subrogation...................................................53 SECTION 11.08

Liquidation; Dissolution; Bankruptcy. 50 SECTION 85 Section 11.3 Default on Senior Indebtedness and/or On Designated Senior Indebtedness...................... 50 SECTION Debt.....................................................85 Section 11.4 Payment Permitted if No Default.......................................................86 Section 11.5 Acceleration of Notes..................................................................... 51 SECTION 11.5 .................................................................86 Section 11.6 When Distribution Must Be be Paid Over....................................................... 52 SECTION 11.6...................................................86

Liquidation; Dissolution; Bankruptcy. 50 SECTION 11.3 81 Section 11.3. Default on Senior Indebtedness and/or Designated Senior Indebtedness...................... 50 SECTION 11.4 .......................................... 82 Section 11.4. Acceleration of Notes..................................................................... 51 SECTION 11.5 ................................................... 82 Section 11.5. When Distribution Must Be be Paid Over....................................................... 52 SECTION 11.6..................................... 82

Liquidation; Dissolution; Bankruptcy. 50 SECTION 11.3 Default on Senior Indebtedness and/or Designated Senior Indebtedness...................... ......................50 SECTION 11.4 Acceleration of Notes..................................................................... .....................................................................51 SECTION 11.5 When Distribution Must Be Paid Over....................................................... .......................................................52 SECTION 11.6

Liquidation; Dissolution; Bankruptcy. 50 SECTION 11.3 80 Section 10.03 Default on Senior Indebtedness and/or Designated Senior Indebtedness...................... 50 SECTION 11.4 Debt...................................... 81 Section 10.04 Acceleration of Notes..................................................................... 51 SECTION 11.5 .................................................. 82 Section 10.05 When Distribution Must Be Paid Over....................................................... 52 SECTION 11.6.................................... 82 Section 10.06 Notice by Company...................................................... 82 Section 10.07 Subrogation............................................................ 82 Section 10.08

Liquidation; Dissolution; Bankruptcy. 50 77 SECTION 11.3 11.03 Default on Senior Indebtedness and/or Designated Senior Indebtedness...................... 50 .......................................... 77 SECTION 11.4 11.04 Acceleration of Notes..................................................................... 51 .............................................................. 79 SECTION 11.5 11.05 When Distribution Must Be Paid Over....................................................... 52 ................................................ 79 SECTION 11.611.06 Notice by the Company.............................................................. 79 SECTION 11.07 Subrogation........................................................................ 79 SECTION 11.08

Liquidation; Dissolution; Bankruptcy. 50 45 SECTION 11.3 13.03 Default on Senior Indebtedness and/or Designated Senior Indebtedness...................... 50 .................. 45 SECTION 11.4 13.04 Acceleration of Notes..................................................................... 51 Securities................................. 46 SECTION 11.5 13.05 When Distribution Must Be Paid Over....................................................... 52 SECTION 11.6........................ 46

Liquidation; Dissolution; Bankruptcy. 50 SECTION 11.3 68 Section 12.04. Default on Senior Indebtedness and/or Designated Senior Indebtedness...................... 50 SECTION 11.4 ...................................................69 Section 12.05. Acceleration of Notes..................................................................... 51 SECTION 11.5 .......................................................................70 Section 12.06. When Distribution Must Be Paid Over....................................................... 52 SECTION 11.6.........................................................70 Section 12.07. Notice by the Company.......................................................................71 Section 12.08. Subrogation.................................................................................71 Section 12.09.

Liquidation; Dissolution; Bankruptcy. 50 SECTION 11.3 72 Section 10.04 Default on Senior Indebtedness and/or Designated Senior Indebtedness...................... 50 SECTION 11.4 Acceleration Debt..........................72 Section 10.05 Occurrence of Notes..................................................................... 51 SECTION 11.5 an Event of Default..........................73 Section 10.06 When Distribution Must Be Paid Over....................................................... 52 SECTION 11.6........................73 Section 10.07 Notice by Company..........................................74 Section 10.08 Subrogation................................................74 Section 10.09

Liquidation; Dissolution; Bankruptcy. 50 SECTION 11.3 65 Section 10.03. Default on Senior Indebtedness and/or Designated Senior Indebtedness...................... 50 SECTION 11.4 Debt.................... 65 Section 10.04. Acceleration of Notes..................................................................... 51 SECTION 11.5 ................................ 66 Section 10.05. When Distribution Must Be Paid Over....................................................... 52 SECTION 11.6.................. 66 Section 10.06. Notice by the Company................................ 66 Section 10.07. Subrogation.......................................... 67

Liquidation; Dissolution; Bankruptcy. 50 SECTION 11.3 61 Section 15.4 Default on Senior Indebtedness and/or Designated Senior Indebtedness...................... 50 SECTION 11.4 Acceleration of Notes..................................................................... 51 SECTION 11.5 .............................................................62 Section 15.5 When Distribution Must Be Paid Over....................................................... 52 SECTION 11.6........................................................62 Section 15.6

Liquidation; Dissolution; Bankruptcy. 50 SECTION 11.3 61 Section 12.04. Default on Senior Indebtedness and/or Designated Senior Indebtedness...................... 50 SECTION 11.4 Debt.......... 61 Section 12.05. Acceleration of Notes..................................................................... 51 SECTION 11.5 ...................... 62 Section 12.06. When Distribution Must Be Paid Over....................................................... 52 SECTION 11.6........ 62 Section 12.07.

Liquidation; Dissolution; Bankruptcy. 50 SECTION 11.3 41 Section 14.4 Default on Senior Indebtedness and/or Designated Senior Indebtedness...................... 50 SECTION 11.4 Acceleration of Notes..................................................................... 51 SECTION 11.5 ................................ 42 Section 14.5 When Distribution Must Be Paid Over....................................................... 52 SECTION 11.6........................... 42 Section 14.6 Notice by Company............................................. 43 Section 14.7 Subrogation................................................... 43 Section 14.8

Liquidation; Dissolution; Bankruptcy. 50 SECTION 11.3 54 Section 12.04. Default on Senior Indebtedness and/or Designated Senior Indebtedness...................... 50 SECTION 11.4 Debt.................... 55 Section 12.05. Acceleration of Notes..................................................................... 51 SECTION 11.5 ................................ 55 Section 12.06. When Distribution Must Be Paid Over....................................................... 52 SECTION 11.6.................. 55 Section 12.07.

Liquidation; Dissolution; Bankruptcy. 50 SECTION 11.3 94 Section 10.04 Default on Senior Indebtedness and/or Designated Senior Indebtedness...................... 50 SECTION 11.4 Debt...............................95 Section 10.05 Acceleration of Notes..................................................................... 51 SECTION 11.5 ...........................................95 Section 10.06 When Distribution Must Be Paid Over....................................................... 52 SECTION 11.6.............................96 Section 10.07 Notice by Company...............................................96 Section 10.08 Subrogation.....................................................96 Section 10.09

Liquidation; Dissolution; Bankruptcy. 50 SECTION 11.3 80 Section 10.03 Default on Senior Indebtedness and/or Designated Senior Indebtedness...................... 50 SECTION 11.4 Debt........................................................80 Section 10.04 Acceleration of Notes..................................................................... 51 SECTION 11.5 ....................................................................81 Section 10.05 When Distribution Must Be Paid Over....................................................... 52 SECTION 11.6......................................................81 Section 10.06 Notice by the Company....................................................................81 Section 10.07 Subrogation..............................................................................82

Liquidation; Dissolution; Bankruptcy. 50 SECTION 11.3 80 Section 10.03 Default on Senior Indebtedness and/or Designated Senior Indebtedness...................... 50 SECTION 11.4 Debt..............................80 Section 10.04. Acceleration of Notes..................................................................... 51 SECTION 11.5 ..........................................81 Section 10.05. When Distribution Must Be Paid Over....................................................... 52 SECTION 11.6............................81 Section 10.06. Notice by the Company..........................................82 Section 10.07. Subrogation....................................................82 143

Liquidation; Dissolution; Bankruptcy. 50 SECTION 11.3 84 Section 10.03 Default on Senior Indebtedness and/or Designated Senior Indebtedness...................... 50 SECTION 11.4 Debt..................................................... 84 Section 10.04 Acceleration of Notes..................................................................... 51 SECTION 11.5 ................................................................. 85 Section 10.05 When Distribution Must Be Paid Over....................................................... 52 SECTION 11.6................................................... 85 Section 10.06 Notice by Company..................................................................... 86 Section 10.07 Subrogation........................................................................... 86 Section 10.08

Liquidation; Dissolution; Bankruptcy. 50 60 SECTION 11.3 9.03. Default on Senior Indebtedness and/or Designated Senior Indebtedness...................... 50 of the Company..................61 SECTION 11.4 9.04. Acceleration of Payment of Notes..................................................................... 51 ...............................62 SECTION 11.5 9.05. When Distribution Must Be Paid Over....................................................... 52 ............................62 SECTION 11.69.06. Subrogation ...................................................62 SECTION 9.07. Relative Rights................................................62

Liquidation; Dissolution; Bankruptcy. 50 SECTION 11.3 33 Section 10.03. Default on Senior Indebtedness and/or Designated Senior Indebtedness...................... 50 SECTION 11.4 ......................................... 34 Section 10.04. Acceleration of Notes..................................................................... 51 SECTION 11.5 ............................................................. 35 Section 10.05. When Distribution Must Be Paid Over....................................................... 52 SECTION 11.6............................................... 35 Section 10.06. Notice by Company................................................................. 35 Section 10.07. Subrogation....................................................................... 35 Section 10.08. Relative Rights.................................................................

Liquidation; Dissolution; Bankruptcy. 50 SECTION 11.3 84 Section 10.03 Default on Senior Indebtedness and/or Designated Senior Indebtedness...................... 50 SECTION 11.4 .................................................. 84 Section 10.04 Acceleration of Notes..................................................................... 51 SECTION 11.5 ...................................................................... 85 Section 10.05 When Distribution Must Be Paid Over....................................................... 52 SECTION 11.6........................................................ 85 Section 10.06 Notice by Company.......................................................................... 86 Section 10.07 Subrogation................................................................................ 86 Section 10.08

Liquidation; Dissolution; Bankruptcy. 50 SECTION 11.3 84 Section 11.3. Default on Senior Indebtedness and/or Designated Senior Indebtedness...................... 50 SECTION 11.4 ..........................................85 Section 11.4. Acceleration of Notes..................................................................... 51 SECTION 11.5 ...................................................86 Section 11.5. When Distribution Must Be be Paid Over....................................................... 52 SECTION 11.6.....................................86

Liquidation; Dissolution; Bankruptcy. 50 SECTION 11.3 59 Section 10.04 Default on Senior Indebtedness and/or Designated Senior Indebtedness...................... 50 SECTION 11.4 Debt..................................60 Section 10.05 Acceleration of Senior Subordinated Notes..................................................................... 51 SECTION 11.5 ...............60 Section 10.06 When Distribution Must Be Paid Over....................................................... 52 SECTION 11.6.....................61 Section 10.07 Notice..................................................61 Section 10.08 Subrogation.............................................61 Section 10.09

Liquidation; Dissolution; Bankruptcy. 50 SECTION 11.3 62 Section 15.4 Default on Senior Indebtedness and/or Designated Senior Indebtedness...................... 50 SECTION 11.4 Acceleration of Notes..................................................................... 51 SECTION 11.5 ............................63 Section 15.5 When Distribution Must Be Paid Over....................................................... 52 SECTION 11.6.......................63 Section 15.6 Notice by Company.........................................64

Liquidation; Dissolution; Bankruptcy. 50 SECTION 11.3 85 Section 10.03 Default on Senior Indebtedness and/or Designated Senior Indebtedness...................... 50 SECTION 11.4 Debt........................................85 Section 10.04 Acceleration of Notes..................................................................... 51 SECTION 11.5 ....................................................86 Section 10.05 When Distribution Must Be Paid Over....................................................... 52 SECTION 11.6......................................86 Section 10.06 Notice by the Company....................................................87 Section 10.07 Subrogation..............................................................87

Liquidation; Dissolution; Bankruptcy. 50 103 SECTION 11.3 14.03. Default on Designated Senior Indebtedness and/or Designated Senior Indebtedness...................... 50 .................. 104 SECTION 11.4 14.04. Acceleration of Notes..................................................................... 51 the Notes .................................. 106 SECTION 11.5 14.05. When Distribution Must Be Paid Over....................................................... 52 Over ........................ 106 SECTION 11.614.06. Notice by the Company and Subsidiary Guarantors ............ 107 SECTION 14.07. Subrogation ................................................ 107 SECTION 14.08. Relative Rights ............................................

Liquidation; Dissolution; Bankruptcy. 50 SECTION 11.3 38 Section 10.3 Default on of Senior Indebtedness and/or Designated Senior Indebtedness...................... 50 SECTION 11.4 Acceleration of Notes..................................................................... 51 SECTION 11.5 Debt....................................... 39 Section 10.4 When Distribution Must Be Paid Over....................................................... 52 SECTION 11.6.......................... 39 Section 10.5 Notice by Company............................................ 40 Section 10.6 Subrogation.................................................. 40 Section 10.7 Relative Rights...........................................

Liquidation; Dissolution; Bankruptcy. 50 SECTION 11.3 73 Section 10.04 Default on Senior Indebtedness and/or Designated Senior Indebtedness...................... 50 SECTION 11.4 Acceleration Debt..........................................................74 Section 10.05 Occurrence of Notes..................................................................... 51 SECTION 11.5 an Event of Default..........................................................75 Section 10.06 When Distribution Must Be Paid Over....................................................... 52 SECTION 11.6........................................................75 Section 10.07

Liquidation; Dissolution; Bankruptcy. 50 SECTION 11.3 87 Section 12.03 Default on Senior Indebtedness and/or Designated Senior Indebtedness...................... 50 SECTION 11.4 Acceleration of Notes..................................................................... 51 SECTION 11.5 Note Guarantors............................88 Section 12.04 Demand for Payment...........................................................89 Section 12.05 When Distribution Must Be Paid Over....................................................... 52 SECTION 11.6..........................................89

Liquidation; Dissolution; Bankruptcy. 50 SECTION 11.3 57 Section 10.04. Default on Senior Indebtedness and/or Designated Senior Indebtedness...................... 50 SECTION 11.4 Debt................................................ 57 Section 10.05. Acceleration of Senior Subordinated Notes..................................................................... 51 SECTION 11.5 ............................. 58 Section 10.06. When Distribution Must Be Paid Over....................................................... 52 SECTION 11.6................................... 58 Section 10.07. Notice................................................................ 59 Section 10.08. Subrogation........................................................... 59 Section 10.09.

Liquidation; Dissolution; Bankruptcy. 50 67 SECTION 11.3 10.04 Default on Senior Indebtedness and/or Designated Senior Indebtedness...................... 50 68 SECTION 11.4 Acceleration 10.05 No Suspension of Notes..................................................................... 51 Remedies........................... 69 SECTION 11.5 10.06 When Distribution Must Be Paid Over....................................................... 52 ................. 69 SECTION 11.610.07 Notice by the Company............................... 70 SECTION 10.08 Subrogation......................................... 70

Liquidation; Dissolution; Bankruptcy. 50 36 SECTION 11.3 11.03. Default on Senior Indebtedness and/or Designated Senior Indebtedness...................... 50 Debt.................... 36 SECTION 11.4 11.04. Acceleration of Notes..................................................................... 51 ................................ 37 SECTION 11.5 11.05. When Distribution Must Be Paid Over....................................................... 52 SECTION 11.6.................. 37 TABLE OF CONTENTS (CONTINUED)

Liquidation; Dissolution; Bankruptcy. 50 SECTION 11.3 73 Section 12.03. Default on Senior Indebtedness and/or Designated Senior Indebtedness...................... 50 SECTION 11.4 Debt ................................. 74 Section 12.04. Acceleration of Notes..................................................................... 51 SECTION 11.5 Notes ............................................. 75 Section 12.05. When Distribution Must Be Paid OverOver ............................... 75 Section 12.06. Notice by the Company ............................................. 75 Section 12.07. Subrogation ....................................................... 52 SECTION 11.675

Liquidation; Dissolution; Bankruptcy. 50 SECTION 11.3 81 Section 10.03 Default on Senior Indebtedness and/or Designated Senior Indebtedness...................... 50 SECTION 11.4 Debt ............................................... 81 Section 10.04 Acceleration of Notes..................................................................... 51 SECTION 11.5 Notes ........................................................... 82 Section 10.05 When Distribution Must Be Paid Over....................................................... 52 SECTION 11.6Over ............................................. 82 Section 10.06 Notice by Company ............................................................... 82 Section 10.07 Subrogation ..................................................................... 82 Section 10.08

Liquidation; Dissolution; Bankruptcy. 50 SECTION 11.3 70 Section 10.4 Default on Senior Indebtedness and/or Designated Senior Indebtedness...................... 50 SECTION 11.4 Debt.............................71 Section 10.5 Acceleration of Notes..................................................................... 51 SECTION 11.5 .........................................72 Section 10.6 When Distribution Must Be Paid Over....................................................... 52 SECTION 11.6...........................72 Section 10.7

Liquidation; Dissolution; Bankruptcy. 50 SECTION 11.3 57 Section 11.4 Default on Senior Indebtedness and/or Designated Senior Indebtedness...................... 50 SECTION 11.4 Acceleration of Notes..................................................................... 51 SECTION .......................... 57 Section 11.5 When Distribution Must Be Paid Over....................................................... 52 SECTION ............................................... 59 Section 11.6

Liquidation; Dissolution; Bankruptcy. 50 35 SECTION 11.3 11.04. Default on Senior Indebtedness and/or Designated Senior Indebtedness...................... 50 ................................... 35 SECTION 11.4 11.05. Acceleration of Notes..................................................................... 51 Securities....................................... 36 SECTION 11.5 11.06. When Distribution Distributions Must Be Paid Over....................................................... 52 ............................. 36 SECTION 11.611.07. Notice by the Company............................................ 36 SECTION 11.08. Subrogation...................................................... 36 SECTION 11.09. Relative Rights................................................

Liquidation; Dissolution; Bankruptcy. 50 SECTION 11.3 65 Section 10.04. Default on Senior Indebtedness and/or Designated Senior Indebtedness...................... 50 SECTION 11.4 Debt......................... 66 Section 10.05. Acceleration of Notes..................................................................... 51 SECTION 11.5 ..................................... 66 Section 10.06. When Distribution Must Be Paid Over....................................................... 52 SECTION 11.6....................... 66 Section 10.07. Notice by Company......................................... 67 Section 10.08. Subrogation............................................... 67 Section 10.09. Relative Rights.........................................

Liquidation; Dissolution; Bankruptcy. 50 SECTION 11.3 33 Section 5.03. Default on Senior Indebtedness and/or Designated Senior Indebtedness...................... 50 SECTION 11.4 ...........................................................34 Section 5.04. Acceleration of Notes..................................................................... 51 SECTION 11.5 ....................................................................35 Section 5.05. When Distribution Must Be Paid Over....................................................... 52 SECTION 11.6......................................................35 Section 5.06. Notice by Company........................................................................35 Section 5.07. Subrogation..............................................................................35 Section 5.08. Relative Rights........................................................................

Liquidation; Dissolution; Bankruptcy. 50 69 SECTION 11.3 11.03 Default on Senior Indebtedness and/or Designated Senior Indebtedness...................... 50 ...................................70 SECTION 11.4 11.04 Acceleration of Notes..................................................................... 51 .......................................................71 SECTION 11.5 11.05 When Distribution Must Be Paid Over....................................................... 52 .........................................71 SECTION 11.611.06 Notice by the Company.......................................................72 SECTION 11.07 Subrogation.................................................................72 SECTION 11.08

Liquidation; Dissolution; Bankruptcy. 50 SECTION 11.3 74 Section 11.3. Default on Senior Indebtedness and/or Designated Senior Indebtedness...................... 50 SECTION 11.4 .....................................75 Section 11.4. Acceleration of Notes..................................................................... 51 SECTION 11.5 .........................................................76 Section 11.5. When Distribution Must Be Paid Over....................................................... 52 SECTION ...........................................76 Section 11.6.

Liquidation; Dissolution; Bankruptcy. 50 SECTION 11.3 67 Section 10.03. Default on Senior Indebtedness and/or Designated Senior Indebtedness...................... 50 SECTION 11.4 Debt........................ 67 Section 10.04. Acceleration of Notes..................................................................... 51 SECTION 11.5 .................................... 67 Section 10.05. When Distribution Must Be Paid Over....................................................... 52 SECTION 11.6...................... 68 Section 10.06. Notice by the Company.................................... 68 Section 10.07. Subrogation.............................................. 68 Section 10.08.