Common use of Securities Subordinated to Senior Indebtedness Clause in Contracts

Securities Subordinated to Senior Indebtedness. The Company covenants and agrees, and the Trustee and each Holder of the Securities by his acceptance thereof likewise covenant and agree, that all Securities shall be issued subject to the provisions of this Article Eleven; and each person holding any Security, whether upon original issue or upon transfer, assignment or exchange thereof, accepts and agrees that all payments of the principal of and interest on the Securities by the Company shall, to the extent and in the manner set forth in this Article Eleven, be subordinated and junior in right of payment to the prior payment in full in cash of all amounts payable under Senior Indebtedness.

Securities Subordinated to Senior Indebtedness. The Company covenants and agrees, and the Trustee and each Holder of the Securities a Security, by his acceptance thereof likewise covenant and agree, that all Securities shall be issued subject to the provisions of this Article Eleven; and each person holding any Security, whether upon original issue or upon transfer, assignment or exchange thereof, accepts likewise covenants and agrees that all payments of the principal of and interest on the Securities by the Company shallagrees, that, to the extent and in the manner hereinafter set forth in this Article, the indebtedness represented by the Securities and the payment of the principal of and premium, if any, and interest on each and all of the Securities, and the amount, if any, of the Repurchase Price payable in respect of Securities pursuant to Article ElevenFourteen, be subordinated are hereby expressly made subordinate and junior subject in right of payment to the prior payment in full in cash of all amounts payable under Senior Indebtedness.

Securities Subordinated to Senior Indebtedness. The Company covenants and agrees, and the Trustee and each Holder of the Securities by his acceptance thereof likewise covenant and agree, that all Securities shall be issued subject to the provisions of this Article Eleven; and each person holding any a Security, whether upon original issue or upon transfer, assignment or exchange by its acceptance thereof, accepts likewise covenants and agrees that all payments of the principal of and interest on the Securities by the Company shallagrees, that, to the extent and in the manner hereinafter set forth in this Article, the indebtedness represented by the Securities and the payment of the principal of and premium, if any, and interest on each and all of the Securities, and the amount, if any, of the Repurchase Price payable in respect of Securities pursuant to Article ElevenFourteen, be subordinated are hereby expressly made subordinate and junior subject in right of payment to the prior payment in full in cash of all amounts payable under Senior Indebtedness.

Securities Subordinated to Senior Indebtedness. The Company covenants and agrees, and the Trustee and each Holder of the Securities by his acceptance thereof likewise covenant and agree, that all Securities shall be issued subject to the provisions of this Article ElevenEight; and each person holding any Security, whether upon original issue or upon transfer, assignment or exchange thereof, accepts and agrees that all payments of the principal of and interest on the Securities by the Company (other than any payment made from Collateral held in the Escrow Account) shall, to the extent and in the manner set forth in this Article ElevenEight, be subordinated and junior in right of payment to the prior payment in full in cash of all amounts payable under Senior Indebtedness.

Securities Subordinated to Senior Indebtedness. The Company covenants and agrees, and the Trustee and each Holder of the Securities by his acceptance thereof likewise covenant and agree, that all Securities shall be issued subject to the provisions of this Article ElevenTwelve; and each person holding any Security, whether upon original issue or upon transfer, assignment or exchange thereof, accepts and agrees that the payment of principal of, interest on and all payments other amounts owing in respect of the principal of and interest on the Securities by the Company shall, to the extent and in the manner set forth in this Article Eleven, will be subordinated and junior in right of payment to the prior payment in full in cash of principal of, interest on and all other amounts payable under owing in respect of all of the Company's Senior IndebtednessIndebtedness to the extent set forth in this Article Twelve.

Securities Subordinated to Senior Indebtedness. The Company covenants and agrees, and the Trustee and each Holder of the Securities by his acceptance thereof likewise covenant and agree, that all Securities shall be issued subject to the provisions of this Article ElevenEight; and each person holding any Security, whether upon original issue or upon transfer, assignment or exchange thereof, accepts and agrees that all payments of the principal of of, premium, if any, and interest on the Securities by the Company shall, to the extent and in the manner set forth in this Article ElevenEight, be subordinated and junior in right of payment to the prior payment in full in cash of all amounts payable under Senior Indebtedness.

Securities Subordinated to Senior Indebtedness. The Company covenants and agrees, and the Trustee and each Holder of the Securities by his acceptance thereof likewise covenant and agree, that all Securities shall be issued subject to the provisions of this Article ElevenEight; and each person holding any Security, whether upon original issue or upon transfer, assignment or exchange thereof, accepts and agrees that all payments of the principal of of, premium of, if any, and interest on and other Obligations relating to the Securities by or on behalf of the Company shall, to the extent and in the manner set forth in this Article ElevenEight, be subordinated and junior in right of payment to the prior payment in full in cash of all amounts payable under Senior Indebtedness.

Securities Subordinated to Senior Indebtedness. The Company covenants and agrees, and the Trustee and each Holder of the Securities by his acceptance thereof likewise covenant and agree, that all Securities (except as otherwise specified as contemplated by Section 2.01) shall be issued subject to the provisions of this Article ElevenTwelve; and each person holding any Security, whether upon original issue or upon transfer, assignment or exchange thereof, accepts and agrees that the payment of principal of, interest on and all payments other amounts owing in respect of the principal of and interest on the Securities by the Company shall, to the extent and in the manner set forth in this Article Eleven, will be subordinated and junior in right of payment to the prior payment in full in cash of principal of, interest on and all other amounts payable under owing in respect of all of the Company's Senior IndebtednessIndebtedness to the extent set forth in this Article Twelve.

Securities Subordinated to Senior Indebtedness. The Company covenants and agrees, and the Trustee and each Holder of the Securities by his acceptance thereof likewise covenant and agree, that all Securities shall be issued subject to the provisions of this Article Eleven10; and each person holding any Security, whether upon original issue or upon transfer, assignment or exchange thereof, accepts and agrees that all payments of the principal of and interest on the Securities by the Company shall, to the extent and in the manner set forth in this Article Eleven10, be subordinated and junior in right of payment to the prior payment in full in cash of all amounts payable under Senior Indebtedness, whether outstanding on the date of this Indenture or thereafter incurred.

Securities Subordinated to Senior Indebtedness. The Company covenants and agrees, and the Trustee and each Holder of the Securities by his acceptance thereof likewise covenant and agree, that all Securities shall be issued subject to the provisions of this Article ElevenTwelve; and each person holding any Security, whether upon original issue or upon transfer, assignment or exchange thereof, accepts and agrees that all payments of the principal of and interest on the Securities by the Company shall, to the extent and in the manner set forth in this Article ElevenTwelve, be subordinated and junior in right of payment to the prior payment in full in cash of all amounts payable under Senior Indebtedness, whether outstanding on the date of this Indenture or thereafter incurred.

Securities Subordinated to Senior Indebtedness. The Company Each of the Issuers covenants and agrees, and the Trustee and each Holder of the Securities by his its acceptance thereof likewise covenant and agree, that all Securities shall be issued subject to the provisions of this Article ElevenEight; and each person holding any Security, whether upon original issue or upon transfer, assignment or exchange thereof, accepts and agrees that all payments of the principal of of, premium, if any, and interest on the Securities by either of the Company Issuers shall, to the extent and in the manner set forth in this Article ElevenEight, be subordinated and junior in right of payment to the prior payment in full in cash of all amounts payable under Senior Indebtedness.

Securities Subordinated to Senior Indebtedness. The Company covenants and agrees, and the Trustee and each Holder of the Securities by his acceptance thereof likewise covenant and agree, that all Securities shall be issued subject to the provisions of this Article ElevenEight; and each person holding any Security, whether upon original issue or upon transfer, assignment or exchange thereof, accepts and agrees that all payments of the principal of and interest on the Securities by the Company shall, to the extent and in the manner set forth in this Article ElevenEight, be subordinated and junior in right of payment to the prior payment in full in cash of all amounts payable under Senior Indebtedness.

Securities Subordinated to Senior Indebtedness. The Company covenants and agrees, and the Trustee and each Holder of the Securities by his acceptance thereof likewise covenant and agree, that all Securities shall be issued subject to the provisions of this Article ElevenEight; and each person holding any Security, whether upon original issue or upon transfer, assignment or exchange thereof, accepts and agrees that all payments of the principal of and interest on the Securities by the Company shall, to the extent and in the manner set forth in this Article ElevenEight, be subordinated and junior in right of payment to the prior payment in full in cash of all amounts payable under Senior Indebtedness.

Securities Subordinated to Senior Indebtedness. The Company covenants and agrees, and the Trustee and each Holder of the Securities Se- curities by his acceptance thereof likewise covenant and agree, that all Securities Secu- rities shall be issued subject to the provisions of this Article ElevenArticle; and each person holding any Security, whether upon original issue or upon transfer, assignment as- signment or exchange thereof, accepts and agrees that all payments of the principal of and interest and Additional Interest on the Securities by the Company shall, to the extent and in the manner set forth in this Article ElevenArticle, be subordinated and junior in right of payment to the prior payment in full in cash of all amounts payable under Senior Indebtedness. Section 8.02.

Securities Subordinated to Senior Indebtedness. The Company covenants and agrees, and the Trustee and each Holder of the Securities issued hereunder by his its acceptance thereof likewise covenant covenants and agreeagrees, that all Securities shall be issued subject to the provisions of this Article Eleven12; and each person holding any Security, whether upon original issue or upon transfer, transfer or assignment or exchange thereof, accepts and agrees that to be bound by such provisions. The payment of all payments amounts on account of the principal of and interest on the all Securities by the Company issued hereunder shall, to the extent and in the manner hereinafter set forth in this Article Elevenforth, be subordinated and junior subject in right of payment to the prior payment in full in cash of all amounts payable under Senior Indebtedness, whether outstanding at the date of this Indenture or thereafter created, assumed or guaranteed.

Securities Subordinated to Senior Indebtedness. The Company Each Issuer covenants and agrees, and the Trustee and each Holder of the Securities by his acceptance thereof likewise covenant and agree, that all Securities shall be issued subject to the provisions of this Article ElevenEight; and each person holding any Security, whether upon original issue or upon transfer, assignment or exchange thereof, accepts and agrees that all payments of the principal of and interest on the Securities by the Company Issuers shall, to the extent and in the manner set forth in this Article ElevenEight, be subordinated and junior in right of payment to the prior payment in full in cash or Cash Equivalents of all amounts payable under Senior IndebtednessIndebtedness of the Issuers.

Securities Subordinated to Senior Indebtedness. The Company covenants and agrees, and the Trustee and each Holder of the Securities a Security, by his acceptance thereof likewise covenant and agree, that all Securities shall be issued subject to the provisions of this Article Eleven; and each person holding any Security, whether upon original issue or upon transfer, assignment or exchange thereof, accepts likewise covenants and agrees that all payments of the principal of and interest on the Securities by the Company shallagrees, that, to the extent and in the manner hereinafter set forth in this Article, the indebtedness represented by the Securities and the payment of the principal of and premium, if any, and interest on each and all of the Securities, and the amount, if any, of the Repurchase Price payable in respect of Securities pursuant to Article ElevenXIV, be subordinated are hereby expressly made subordinate and junior subject in right of payment to the prior payment in full in cash of all amounts payable under Senior Indebtedness.

Securities Subordinated to Senior Indebtedness. The Company covenants and agrees, and the Trustee and each Holder of the Securities by his acceptance thereof likewise covenant and agree, that all Securities shall be issued subject to the provisions of this Article Eleven; and each person holding any Security, whether upon original issue or upon transfer, assignment or exchange thereof, accepts and agrees that all payments of the principal of of, premium, if any, and interest on the Securities by the Company shall, to the extent and in the manner set forth in this Article Eleven, be subordinated and junior in right of payment to the prior payment in full in cash of all amounts payable under Senior Indebtedness.

Securities Subordinated to Senior Indebtedness. The Company covenants and agrees, and the Trustee and each Holder of the Securities by his or her acceptance thereof likewise covenant and agree, that all Securities shall be issued subject to the provisions of this Article ElevenArticle; and each person Person holding any Security, whether upon original issue or upon transfer, assignment or exchange thereof, accepts and agrees that all payments of the principal of and interest on the Securities by the Company shall, to the extent and in the manner set forth in this Article ElevenArticle, be subordinated and junior in right of payment to the prior payment in full in cash of all amounts payable under all Senior Indebtedness.