Common use of Securities Subordinated to Prior Payment of All Senior Clause in Contracts

Securities Subordinated to Prior Payment of All Senior. Indebtedness on Dissolution, Liquidation or Reorganization. ----------------------------------------------------------- Upon any distribution of assets of the Company upon any dissolution, winding up, total or partial liquidation or reorganization of the Company, whether voluntary or involuntary, in bankruptcy, insolvency, receivership or a similar proceeding or upon assignment for the benefit of creditors or any marshaling of assets or liabilities:

Securities Subordinated to Prior Payment of All Senior. Indebtedness on Dissolution, Liquidation or ReorganizationReorganization of the Maker. ----------------------------------------------------------- Upon ----------------------------------------------------------------------- any distribution of assets of the Company upon any dissolutionMaker (whether cash, winding up, total securities or partial other property) to creditors of the Maker in a liquidation or reorganization dissolution of the CompanyMaker or in a bankruptcy, whether voluntary or involuntary, in bankruptcyreorganization, insolvency, receivership or a similar proceeding relating to the Maker or upon assignment for the benefit of creditors or any marshaling of assets or liabilitiesits property:

Securities Subordinated to Prior Payment of All Senior. Indebtedness Debt on Dissolution, Liquidation or Reorganization. ----------------------------------------------------------- -------------------------------------------------- Upon any distribution of assets of the Company or any Guarantor or upon any dissolution, winding up, total or partial liquidation or reorganization of the CompanyCompany or a Guarantor, whether voluntary or involuntary, in bankruptcy, insolvency, receivership or a similar proceeding or upon assignment for the benefit of creditors or any marshaling marshalling of assets or liabilities:

Securities Subordinated to Prior Payment of All Senior. Indebtedness on Dissolution, Liquidation or Reorganization. ----------------------------------------------------------- ---------------------------------------------------------- Upon any distribution of assets of the Company upon any dissolution, winding up, total or partial liquidation or reorganization of the Company, whether voluntary or involuntary, in bankruptcy, insolvency, receivership or a similar proceeding or upon assignment for the benefit of creditors or any marshaling marshalling of assets or liabilities:

Securities Subordinated to Prior Payment of All Senior. Indebtedness Debt on Dissolution, Liquidation or Reorganization. ----------------------------------------------------------- -------------------------------------------------- Upon any distribution of assets of the Company either Issuer or any Guarantor upon any dissolution, winding up, total or partial liquidation or reorganization of the Company, either Issuer or any Guarantor whether voluntary or involuntary, in bankruptcy, insolvency, receivership or a similar proceeding or upon assignment for the benefit of creditors or any marshaling marshalling of assets or liabilities:

Securities Subordinated to Prior Payment of All Senior. Indebtedness on Dissolution, Winding-Up, Liquidation or ReorganizationReorganization of the ----------------------------------------------------------------------------- Company. ----------------------------------------------------------- ------- Upon any payment by or distribution of the assets of the Company to creditors upon any dissolution, winding up, total or partial liquidation or reorganization of the CompanyCompany (whether in a bankruptcy or reorganization case, whether insolvency or receivership proceedings, voluntary or involuntary, in bankruptcy, insolvency, receivership or a similar proceeding liquidation or upon any assignment for the benefit of creditors or any marshaling of assets or liabilities:otherwise):