Common use of Subordination and Priority Clause in Contracts

Subordination and Priority. 6 Section 3.1 Subordination of Claims and Obligations...............................6 Section 3.2 Priorities Regarding Lease Collateral.................................6 Section 3.3

Subordination and Priority. 6 4 Section 3.1 Subordination of Claims and Obligations...............................6 .................................................4 Section 3.2 Priorities Regarding Lease Collateral.................................6 ...................................................4 ARTICLE 4. PAYMENTS..................................................................................5 Section 3.34.1 LeBonheur as Trustee....................................................................5 Section 4.2 Permissible Payments of Subordinated Claims.............................................5

Subordination and Priority. 6 5 Section 3.1 Subordination of Claims and Obligations...............................6 .........................................................5 Section 3.2 Priorities Regarding Lease Collateral.................................6 Section 3.3...........................................................5

Subordination and Priority. 6 3 Section 3.1 Subordination of Claims and Obligations...............................6 .................................................3 Section 3.2 Priorities Regarding Lease Collateral.................................6 ...................................................3 ARTICLE 4. PAYMENTS..................................................................................4 Section 3.34.1 AOI as Trustee..........................................................................4 Section 4.2 Permissible Payments of Subordinated Claims.............................................4 Section 4.3