Common use of Subordination to Senior Indebtedness Clause in Contracts

Subordination to Senior Indebtedness. The payment of the ------------------------------------ principal of and interest on this Debenture is hereby expressly made subordinate and junior in right of payment to the prior payment in full of all principal of and interest on all Senior Indebtedness (as defined below) whether now outstanding or hereafter incurred, created or assumed.

Subordination to Senior Indebtedness. The payment of the ------------------------------------ principal of and interest on this Debenture is hereby expressly made subordinate and junior in right of payment to the prior payment in full of all principal of and interest on all Senior Indebtedness (as defined below) whether now outstanding or hereafter incurred, created or assumed.

Subordination to Senior Indebtedness. The indebtedness evidenced by this Note, and the payment of the ------------------------------------ principal of hereof, and any interest on this Debenture hereon, is hereby expressly made subordinate wholly subordinated, junior and junior subject in right of payment payment, to the extent and in the manner hereinafter provided, to the prior payment in full of all principal of and interest on all Senior Indebtedness (as defined below) whether of the Company now outstanding or hereafter hereinafter incurred, created or assumed.