Common use of Securities Subordinated to Prior Payment of All Senior Indebtedness on Dissolution, Liquidation or Reorganization of Company Clause in Contracts

Securities Subordinated to Prior Payment of All Senior Indebtedness on Dissolution, Liquidation or Reorganization of Company. Upon any distribution of assets of the Company upon any dissolution, winding up, liquidation or reorganization of the Company (whether in bankruptcy, insolvency or receivership proceedings or upon an assignment for the benefit of creditors or otherwise) tending towards liquidation of the business and assets of the Company:

Securities Subordinated to Prior Payment of All Senior Indebtedness on Dissolution, Liquidation or Reorganization of Company. Upon any distribution of assets of the Company upon any dissolution, winding up, total or partial liquidation or reorganization or readjustment of the Company (Company, whether voluntary or involuntary, in bankruptcy, insolvency or receivership proceedings similar proceeding or upon an assignment for the benefit of creditors creditors, or any other marshaling of the assets and liabilities of the Company or otherwise) tending towards liquidation of the business and assets of the Company:

Securities Subordinated to Prior Payment of All Senior Indebtedness on Dissolution, Liquidation or Reorganization of Company. Upon any distribution of assets of the Company Company, to creditors upon any dissolution, winding up, liquidation or reorganization of the Company (reorganization, whether voluntary or involuntary, or in bankruptcy, insolvency insolvency, receivership or receivership other proceedings or upon an assignment for the benefit of creditors or otherwise) tending towards liquidation of the business and assets of the Company:

Securities Subordinated to Prior Payment of All Senior Indebtedness on Dissolution, Liquidation or Reorganization of Company. Upon any distribution of assets of the Company upon any dissolution, winding up, total or partial liquidation or reorganization or readjustment of the Company (Company, whether voluntary or involuntary, in bankruptcy, insolvency or receivership proceedings similar proceeding or upon an assignment for the benefit of creditors creditors, or any other marshaling of the assets and liabilities of the Company or otherwise) tending towards liquidation of , the business and assets of claims under these Securities are subordinated to all claims under the CompanySenior Indebtedness with the effect that:

Securities Subordinated to Prior Payment of All Senior Indebtedness on Dissolution, Liquidation or Reorganization of Company. Upon any distribution of assets of the Company upon any dissolution, winding up, total or partial liquidation or reorganization or readjustment of the Company (Company, whether voluntary or involuntary, in bankruptcy, insolvency insolvency, receivership or receivership proceedings similar proceeding or upon an assignment for the benefit of creditors creditors, or any other marshaling of the assets and liabilities of the Company or otherwise) tending towards liquidation of the business and assets of the Company:

Securities Subordinated to Prior Payment of All Senior Indebtedness on Dissolution, Liquidation or Reorganization of Company. Upon In the event of any distribution of assets insolvency or bankruptcy case or proceeding, or any receivership, liquidation, reorganization or other similar case or proceeding in connection therewith, relative to the Company or its assets, or any liquidation, dissolution or other winding up of the Company upon Company, whether voluntary or involuntary, or any dissolution, winding up, liquidation or reorganization of the Company (whether in bankruptcy, insolvency or receivership proceedings or upon an assignment for the benefit of creditors or otherwise) tending towards liquidation other marshaling of the business and assets or liabilities of the Company:

Securities Subordinated to Prior Payment of All Senior Indebtedness on Dissolution, Liquidation or Reorganization of Company. Upon any distribution of assets of the Company upon any dissolution, winding up, liquidation or reorganization of the Company (whether in bankruptcy, insolvency or receivership proceedings or upon an assignment for the benefit of creditors or otherwise) tending towards liquidation of the business and assets of the Company:):