Common use of Subrogation to Rights of Holders of Senior Indebtedness Clause in Contracts

Subrogation to Rights of Holders of Senior Indebtedness. Subject to the payment in full of all principal and interest on all Senior Indebtedness, the Holder of this Debenture shall be subrogated to the rights of the holders of such Senior Indebtedness to receive payments or distributions of assets or securities of the Company applicable to the Senior Indebtedness.

Subrogation to Rights of Holders of Senior Indebtedness. Subject ------------------------------------------------------- to the payment in full of all principal and interest on all Senior Indebtedness, the Holder of this Debenture shall be subrogated to the rights of the holders of such Senior Indebtedness to receive payments or distributions of assets or securities of the Company applicable to the Senior Indebtedness.

Subrogation to Rights of Holders of Senior Indebtedness. Subject to the payment in full of all principal and interest on all Senior IndebtednessIndebtedness of the Company as provided herein, the Holder Holders of this Debenture the Securities shall be subrogated (to the rights extent of the payments or distributions made to the holders of such Senior Indebtedness to receive payments or distributions of assets or securities of the Company applicable pursuant to the Senior Indebtedness.provisions of this

Subrogation to Rights of Holders of Senior Indebtedness. Subject to the payment in full of all principal and interest amounts due or to become due on all Senior Indebtedness, or the Holder provision for such payment in cash or cash equivalents or otherwise in a manner satisfactory to the holders of this Debenture Senior Indebtedness, the Holders of the Securities shall be subrogated to the rights extent of the payments or distributions made to the holders of such Senior Indebtedness to receive payments or distributions of assets or securities of the Company applicable to the Senior Indebtedness.Senior

Subrogation to Rights of Holders of Senior Indebtedness. Subject distributions to the payment in full of all principal and interest on all Senior Indebtedness, Trustee or the Holder of this Debenture shall be subrogated to the rights Holders of the holders of such Senior Indebtedness to receive payments or distributions Obligations of assets or securities which are applied to the satisfaction of Senior Indebtedness of the Company applicable Obligor by virtue of the subordination herein provided for shall, as between the Obligor, its creditors other than the holders of Senior Indebtedness of the Obligor, and the Holders of Obligations, to be deemed to be a payment by Obligor to or on account of the Senior IndebtednessObligations.

Subrogation to Rights of Holders of Senior Indebtedness. Subject to ------------------------------------------------------- the payment in full of all principal and interest on all Senior Indebtedness, the Holder of this Debenture shall be subrogated to the rights of the holders of such Senior Indebtedness to receive payments or distributions of assets or securities of the Company applicable to the Senior Indebtedness.

Subrogation to Rights of Holders of Senior Indebtedness. Subject to the payment in full of all principal and interest on all Senior Indebtedness, the Holder of this Debenture Holders shall be subrogated to the rights of the holders of such Senior Indebtedness to receive payments or distributions of assets cash, property or securities of the Company applicable to the Senior Indebtedness.Indebtedness until all amounts owing on the Debentures shall be paid in full; and, for the purposes of such subrogation:

Subrogation to Rights of Holders of Senior Indebtedness. Subject to the payment in full of all principal and interest amounts due on all or in respect of Senior Indebtedness, the Holder Holders of this Debenture the Securities shall be subrogated to the rights extent of the payments or distributions made to the holders of such Senior Indebtedness to receive payments or distributions of assets or securities of the Company applicable pursuant to the Senior Indebtedness.provisions of this Article (equally

Subrogation to Rights of Holders of Senior Indebtedness. Subject ------------------------------------------------------- to the payment in full full, in cash or cash equivalents, of all principal and interest on all Senior Indebtedness, the Holder of this Debenture Subsidiary shall be subrogated to the rights of the holders of such Senior Indebtedness to receive payments or and distributions of assets or cash, property and securities of the Company applicable to the Senior IndebtednessIndebtedness until the principal of (and premium, if any) and interest on the New Subsidiary Loans shall be paid in full.

Subrogation to Rights of Holders of Senior Indebtedness. Subject to the payment in full of all principal and interest on all Senior Indebtedness, the Holder Holders of this Debenture the Securities shall be subrogated to the rights extent of the payments or distributions made to the holders of such Senior Indebtedness pursuant to receive payments or distributions the provisions of assets or securities this Article (equally and ratably with all indebtedness of the Company applicable which by its express terms is subordinated to indebtedness of the Senior Indebtedness.Company to substantially the same extent as the Securities are subordinated and is