Common use of Section 1206 Clause in Contracts

Section 1206. TRUSTEE ENTITLED TO ASSUME PAYMENTS NOT PROHIBITED IN ABSENCE OF NOTICE....................................................86 Section 1207. APPLICATION BY TRUSTEE OF MONIES DEPOSITED WITH IT.............86 Section 1208. SUBORDINATION RIGHTS NOT IMPAIRED BY ACTS OR OMISSIONS OF COMPANY OR HOLDERS OF SENIOR INDEBTEDNESS....................87 Section 1209. SECURITYHOLDERS AUTHORIZE TRUSTEE TO EFFECTUATE SUBORDINATION OF SECURITIES................................................87 Section 1210. RIGHT OF TRUSTEE TO HOLD SENIOR INDEBTEDNESS...................87 Section 1211. ARTICLE TWELVE NOT TO PREVENT EVENTS OF DEFAULT................87 [ARTICLE THIRTEEN [GUARANTEE OF SECURITIES] [SECTION 1301. GUARANTEE.....................................................88] [SECTION 1302. SUBORDINATION OF GUARANTEE....................................89] [SECTION 1303. EXECUTION OF NOTATIONS OF GUARANTEE...........................90] [To be modified as appropriate for issuances of securities by White Mountains Insurance Group, Ltd. or issuances of securities by Fund American Companies, Inc. which will be guaranteed by White Mountains Insurance Group, Ltd.] [Form of] SUBORDINATED INDENTURE (this "Indenture") between WHITE MOUNTAINS INSURANCE GROUP, LTD. a company existing under the laws of Bermuda (the ["Company"] ["Guarantor"]) having its principal office at ▇▇ ▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇-▇▇▇▇, [FUND AMERICAN COMPANIES, INC., a Delaware corporation (the "Company") having its principal office at ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇-▇▇▇▇], and BANK ONE, NATIONAL ASSOCIATION, trustee (hereinafter called the "Trustee"), is made and entered into as of this ______ day of ________, 200_.