Common use of Relative Rights Clause in Contracts

Relative Rights. 69 Section 12.08. Subordination May Not Be Impaired by Company...............69 Section 12.09. Rights of Trustee and Paying Agent.........................69 Section 12.10. Distribution or Notice to Representative...................69 Section 12.11. Article XII Not to Prevent Defaults or Limit Right to Accelerate.................................................69 Section 12.12. Trust Moneys Not Subordinated..............................70 Section 12.13. Trustee Entitled to Rely...................................70 Section 12.14.

Relative Rights. 69 47 Section 12.0810.10. Subordination May Not Be Impaired by By Company...............69 .....................................48 Section 12.0910.11. Distribution or Notice to Representative.........................................48 Section 10.12. Rights of Trustee and Paying Agent.........................69 ...............................................48 Section 12.1010.13. Distribution or Notice Authorization to Representative...................69 Section 12.11. Article XII Not to Prevent Defaults or Limit Right to Accelerate.................................................69 Section 12.12. Trust Moneys Not Subordinated..............................70 Section 12.13. Trustee Entitled to Rely...................................70 Section 12.14.Effect Subordination............................................48

Relative Rights. 69 Section 12.08. 65 10.8 Subordination May Not Be Impaired by Company...............69 Section 12.09. ...........................66 10.9 Rights of Trustee and Paying Agent.........................69 Section 12.10. .....................................66 10.10 Distribution or Notice to Representative...................69 Section 12.11. Article XII Not to Prevent Defaults or Limit Right to Accelerate.................................................69 Section 12.12. ...............................66 10.11 Trust Moneys Not Subordinated..............................70 Section 12.13. ..........................................66 10.12 Trustee Entitled to Rely...................................70 Section 12.14................................................66

Relative Rights. 69 Section 12.08. 52 SECTION 10.08 Subordination May Not Be Impaired by Company...............69 Section 12.09. Partnership...................................... 52 SECTION 10.09 Rights of Trustee and Paying Agent.........................69 Section 12.10. .................................................... 52 SECTION 10.10 Distribution or Notice to Representative...................69 Section 12.11. .............................................. 52 SECTION 10.11 Article XII X Not to Prevent Defaults or Limit Right to Accelerate.................................................69 Section 12.12. ........................ 52 SECTION 10.12 Trust Moneys Not Subordinated..............................70 Section 12.13. ......................................................... 53 SECTION 10.13 Trustee Entitled to Rely...................................70 Section 12.14............................................................... 53 SECTION 10.14

Relative Rights. 69 64 Section 12.0810.10. Subordination May Not Be Impaired by By Company...............69 ......................................... 64 Section 12.0910.11. Distribution Or Notice To Representative............................................. 65 Section 10.12. Rights of Of Trustee and And Paying Agent.........................69 ................................................... 65 Section 12.1010.13. Distribution or Notice to Representative...................69 Authorization To Effect Subordination................................................ 65 Section 12.1110.14. Article XII Not to Prevent Defaults or Limit Right to Accelerate.................................................69 Section 12.12. Trust Moneys Not Subordinated..............................70 Section 12.13. Trustee Entitled to Rely...................................70 Section 12.14.Amendments........................................................................... 66

Relative Rights. 69 Section 12.08. 52 SECTION 10.08 Subordination May Not Be Impaired by Company...............69 Section 12.09. Partnership...................................... 52 SECTION 10.09 Rights of Trustee and Paying Agent.........................69 Section 12.10. .................................................... 52 SECTION 10.10 Distribution or Notice to Representative...................69 Section 12.11. .............................................. 52 SECTION 10.11 Article XII X Not to Prevent Defaults or Limit Right to Accelerate.................................................69 Section 12.12. ........................ 53 SECTION 10.12 Trust Moneys Not Subordinated..............................70 Section 12.13. ......................................................... 53 SECTION 10.13 Trustee Entitled to Rely...................................70 Section 12.14............................................................... 53 SECTION 10.14

Relative Rights. 69 84 Section 12.08. 10.09 Subordination May Not Be Impaired by the Company...............69 .........................84 Section 12.09. 10.10 Distribution or Notice to Representative.................................84 Section 10.11 Rights of Trustee and Paying Agent.........................69 .......................................84 Section 12.10. Distribution or Notice 10.12 Authorization to Representative...................69 Section 12.11. Article XII Not to Prevent Defaults or Limit Right to Accelerate.................................................69 Section 12.12. Trust Moneys Not Subordinated..............................70 Section 12.13. Trustee Entitled to Rely...................................70 Section 12.14.Effect Subordination....................................85

Relative Rights. 69 47 Section 12.0810.10. Subordination May Not Be Impaired by By Company...............69 .....................................48 Section 12.0910.11. Distribution or Notice to Representative.........................................48 Section 10.12. Rights of Trustee and Paying Agent.........................69 ...............................................48 Section 12.1010.13. Distribution or Notice Authorization to Representative...................69 Section 12.11. Article XII Not to Prevent Defaults or Limit Right to Accelerate.................................................69 Section 12.12. Trust Moneys Not Subordinated..............................70 Section 12.13. Trustee Entitled to Rely...................................70 Section 12.14.Effect Subordination............................................49

Relative Rights. 69 Section 12.08. 53 SECTION 11.9 Subordination May Not Be Impaired by Company...............69 Section 12.09. .............................................. 53 SECTION 11.10 Distribution or Notice to Representative................................................. 53 SECTION 11.11 Rights of Trustee and Paying Agent.........................69 Section 12.10. Distribution or Notice to Representative...................69 Section 12.11. Article XII Not to Prevent Defaults or Limit Right to Accelerate.................................................69 Section 12.12. Trust Moneys Not Subordinated..............................70 Section 12.13. Trustee Entitled to Rely...................................70 Section 12.14........................................................ 54 SECTION 11.12

Relative Rights. 69 58 Section 12.08. Subordination 10.08 The Company and Holders May Not Be Impaired by Company...............69 Impair Subordination.............................................. 59 Section 12.09. 10.09 Distribution or Notice to Representative.......................................................... 59 Section 10.10 Rights of Trustee and Paying Agent.........................69 ................................................................ 59 Section 12.10. Distribution or Notice 10.11 Authorization to Representative...................69 Effect Subordination............................................................. 60 Section 12.11. Article XII Not to Prevent Defaults or Limit Right to Accelerate.................................................69 Section 12.12. Trust Moneys Not Subordinated..............................70 Section 12.13. Trustee Entitled to Rely...................................70 Section 12.14.10.12 Payment........................................................................................... 60 ARTICLE XI

Relative Rights. 69 Section 12.08. .. 54 SECTION 10.08 Subordination May Not Be Impaired by Company...............69 Section 12.09. Partnership................................. 54 SECTION 10.09 Rights of Trustee and Paying Agent.........................69 Section 12.10. ............................................... 54 SECTION 10.10 Distribution or Notice to Representative...................69 Section 12.11. ......................................... 55 SECTION 10.11 Article XII X Not to Prevent Defaults or Limit Right to Accelerate.................................................69 Section 12.12. ................... 55 SECTION 10.12 Trust Moneys Not Subordinated..............................70 Section 12.13. .................................................... 55 SECTION 10.13 Trustee Entitled to Rely...................................70 Section 12.14.......................................................... 55 SECTION 10.14

Relative Rights. 69 71 Section 12.08. 10.09 Subordination May Not Be Impaired by Company...............69 ...................72 Section 12.09. 10.10 Distribution or Notice to Representative.......................72 Section 10.11 Rights of Trustee and Paying Agent.........................69 .............................72 Section 12.10. Distribution or Notice 10.12 Authorization to Representative...................69 Effect Subordination..........................72 Section 12.11. Article XII Not to Prevent Defaults or Limit Right to Accelerate.................................................69 10.13 Amendments.....................................................72 Section 12.12. Trust Moneys Not Subordinated..............................70 10.14 Reinstatement..................................................73 Section 12.13. Trustee Entitled to Rely...................................70 Section 12.14.10.15 No Waiver of Subordination Provisions..........................73

Relative Rights. 69 Section 12.0888 SECTION 10.10. Subordination May Not Be Impaired by Company...............69 Section 12.09............88 SECTION 10.11. Distribution or Notice to Representative................88 SECTION 10.12. Rights of Trustee and Paying Agent.........................69 Section 12.10......................88 SECTION 10.13. Distribution or Notice Authorization to RepresentativeEffect Subordination...................69 Section 12.1189 SECTION 10.14. Article XII Not to Prevent Defaults or Limit Right to Accelerate.................................................69 Section 12.12. Trust Moneys Not Subordinated..............................70 Section 12.13. Trustee Entitled to Rely...................................70 Section 12.14.Amendments..............................................89 ARTICLE 11

Relative Rights. 69 76 Section 12.08. 10.10 Subordination May Not Be Impaired by Company...............69 ...............................................77 Section 12.09. 10.11 Distribution or Notice to or by Representative.............................................77 Section 10.12 Rights of Trustee and Paying Agent.........................69 .........................................................77 Section 12.10. Distribution or Notice 10.13 Authorization to Representative...................69 Effect Subordination......................................................77 Section 12.11. Article XII 10.14 Amendments.................................................................................77 Section 10.15 Trustee Not to Prevent Defaults or Limit Right to Accelerate.................................................69 Section 12.12. Trust Moneys Not Subordinated..............................70 Section 12.13. Trustee Entitled to Rely...................................70 Section 12.14.Fiduciary for Holders of Senior Debt...........................................78

Relative Rights. 69 81 Section 12.0810.10. Subordination May Not Be Impaired by Company...............69 .............. 81 Section 12.09. Rights of Trustee and Paying Agent.........................69 Section 12.1010.11. Distribution or Notice to Representative...................69 .................. 82 Section 12.1110.12. Article XII Not Rights of Senior Subordinated Note Trustee and Paying Agent..................................................... 82 Section 10.13. Authorization to Prevent Defaults or Limit Right to Accelerate.................................................69 Effect Subordination..................... 82 Section 12.1210.14. Trust Moneys Not Subordinated..............................70 Section 12.13. Trustee Entitled to Rely...................................70 Section 12.14.Amendments................................................ 82

Relative Rights. 69 71 Section 12.08. 10.10 Subordination May Not Be Impaired by Company...............69 ......................71 Section 12.09. 10.11 Distribution or Notice to Representative..........................71 Section 10.12 Rights of Trustee and Paying Agent.........................69 ................................72 Section 12.10. Distribution or Notice 10.13 Authorization to Representative...................69 Section 12.11. Article XII Not to Prevent Defaults or Limit Right to Accelerate.................................................69 Section 12.12. Trust Moneys Not Subordinated..............................70 Section 12.13. Trustee Entitled to Rely...................................70 Section 12.14.Effect Subordination.............................72

Relative Rights. 69 37 Section 12.08. 7.08 Subordination May Not Be Impaired by Company...............69 .............37 Section 12.09. 7.09 Rights of Trustee and Paying Agent.........................69 .......................37 Section 12.10. 7.10 Distribution or Notice to Representative...................69 Section 12.11. Article XII Not to Prevent Defaults or Limit Right to Accelerate.................................................69 Section 12.12. Trust Moneys Not Subordinated..............................70 Section 12.13. Trustee Entitled to Rely...................................70 Section 12.14..................37

Relative Rights. 69 77 Section 12.0810.8. Subordination May Not Be Impaired by Company...............69 ...................................................... 77 Section 12.0910.9. Rights of Trustee and Paying Agent.........................69 ................................................................ 77 Section 12.1010.10. Distribution or Notice to Representative...................69 Section 12.11. Article XII Not to Prevent Defaults or Limit Right to Accelerate.................................................69 Section 12.12. Trust Moneys Not Subordinated..............................70 Section 12.13. Trustee Entitled to Rely...................................70 Section 12.14........................................................... 78

Relative Rights. 69 76 Section 12.0810.10. Subordination May Not Be be Impaired by Company...............69 .................................................. 76 Section 12.0910.11. Distribution or Notice to Representative...................................................... 76 Section 10.12. Rights of Trustee and Paying Agent.........................69 ............................................................ 77 Section 12.1010.13. Distribution or Notice Authorization to Representative...................69 Effect Subordination......................................................... 77 Section 12.1110.14. Article XII Not to Prevent Defaults or Limit Right to Accelerate.................................................69 Section 12.12. Trust Moneys Not Subordinated..............................70 Section 12.13. Trustee Entitled to Rely...................................70 Section 12.14.Amendments.................................................................................... 77

Relative Rights. 69 Section 12.08. .. 23 SECTION 10.10 Subordination May Not Be Impaired by Company...............69 Section 12.09. .............................. 23 SECTION 10.11 Distribution or Notice to Representative.................................. 23 SECTION 10.12 Rights of Trustee and Paying Agent.........................69 Section 12.10. Distribution or Notice to Representative...................69 Section 12.11. Article XII Not to Prevent Defaults or Limit Right to Accelerate.................................................69 Section 12.12. Trust Moneys Not Subordinated..............................70 Section 12.13. Trustee Entitled to Rely...................................70 Section 12.14......................................... 23 ARTICLE ELEVEN MISCELLANEOUS

Relative Rights. 69 82 Section 12.08. 10.09 Subordination May Not Be Impaired by Company...............69 ........................................... 82 Section 12.09. 10.10 Distribution or Notice to Representative............................................... 83 Section 10.11 Rights of Trustee and Paying Agent.........................69 ..................................................... 83 Section 12.10. Distribution or Notice 10.12 Authorization to Representative...................69 Effect Subordination.................................................. 83 Section 12.11. Article XII Not to Prevent Defaults or Limit Right to Accelerate.................................................69 Section 12.12. Trust Moneys Not Subordinated..............................70 Section 12.13. Trustee Entitled to Rely...................................70 Section 12.14.10.13 Amendments............................................................................. 83

Relative Rights. 69 73 Section 12.08. 12.9 Subordination May Not Be Impaired by Company...............69 ............... 73 Section 12.09. 12.10 Distribution............................................... 73 Section 12.11 Rights of Trustee and Paying Agent.........................69 ......................... 73 Section 12.10. Distribution 12.12 Authorization to Effect Subordination...................... 74 Section 12.13 Certain Conversions or Notice Exchanges Deemed Payment............ 74 SUBORDINATED INDENTURE, dated as of [_______________ ___, _____________] from ACTERNA CORPORATION, a Delaware corporation (the "Company"), to Representative...................69 Section 12.11. Article XII Not to Prevent Defaults or Limit Right to Accelerate.................................................69 Section 12.12. Trust Moneys Not Subordinated..............................70 Section 12.13. Trustee Entitled to Rely...................................70 Section 12.14____________, a _________________, as trustee (the "Trustee").

Relative Rights. 69 55 Section 12.08. 11.09 Subordination May Not Be Impaired by Company...............69 ............... 56 Section 12.09. 11.10 Distribution or Notice to Representative................... 56 Section 11.11 Rights of Trustee and Paying Agent.........................69 ......................... 56 Section 12.10. Distribution or Notice 11.12 Authorization to Representative...................69 Effect Subordination...................... 56 Section 12.11. 11.13 Article XII Not Applicable to Prevent Defaults or Limit Right to Accelerate.................................................69 Paying Agents........................ 57 Section 12.12. Trust Moneys Not Subordinated..............................70 Section 12.13. Trustee 11.14 Senior Debt Entitled to Rely...................................70 ............................... 57 Section 12.14.11.15

Relative Rights. 69 Section 85 SECTION 12.08. Subordination May Not Be Impaired by Company...............69 Section ..........................................85 SECTION 12.09. Rights of Trustee and Paying Agent.........................69 Section ....................................................85 SECTION 12.10. Distribution or Notice to Representative...................69 Section 12.11. Article XII Not to Prevent Defaults or Limit Right to Accelerate.................................................69 Section 12.12. Trust Moneys Not Subordinated..............................70 Section 12.13. Trustee Entitled to Rely...................................70 Section 12.14...............................................

Relative Rights. 69 Section 12.08. 85 SECTION 13.08 Subordination May Not Be Impaired by the Company...............69 Section 12.09. ..........85 SECTION 13.09 Rights of Trustee and Paying Agent.........................69 Section 12.10. ........................85 SECTION 13.10 Distribution or Notice to Representative...................69 Section 12.11. ..................86 SECTION 13.11 Article XII XIII Not to Prevent Defaults Under the Guaranty or Limit Right to Accelerate.................................................69 Section 12.12. Trust Moneys Not Subordinated..............................70 Section 12.13. Demand Payment .......................86 SECTION 13.12 Trustee Entitled to Rely...................................70 Section 12.14...................................86 SECTION 13.13

Relative Rights. 69 96 Section 12.08. 10.09 Subordination May Not Be Impaired by Company...............69 ................96 Section 12.09. 10.10 Distribution or Notice to Representative....................96 Section 10.11 Rights of Trustee and Paying Agent.........................69 ..........................97 Section 12.10. Distribution or Notice 10.12 Authorization to Representative...................69 Effect Subordination.......................97 Section 12.11. Article XII Not to Prevent Defaults or Limit Right to Accelerate.................................................69 10.13 Amendments..................................................97 Section 12.12. Trust Moneys Not Subordinated..............................70 Section 12.13. Trustee Entitled to Rely...................................70 Section 12.14.10.14 Effectiveness of Subordination of Note Guarantees...........97

Relative Rights. 69 88 Section 12.08. 10.10 Subordination May Not Be Impaired by Company...............69 ..................................... 88 Section 12.09. 10.11 Distribution or Notice to Representative....... 89 Section 10.12 Rights of Trustee and Paying Agent.........................69 ............. 89 Section 12.10. Distribution or Notice 10.13 Authorization to Representative...................69 Effect Subordination.......... 90 Section 12.11. Article XII Not to Prevent Defaults or Limit Right to Accelerate.................................................69 Section 12.12. Trust Moneys Not Subordinated..............................70 Section 12.13. Trustee Entitled to Rely...................................70 Section 12.14.10.14 Amendments..................................... 90 -iv- 8 ARTICLE 11 SENIOR SUBORDINATED GUARANTEES

Relative Rights. 69 Section 12.08. 66 SECTION 11.08 Subordination May Not Be Impaired by the Company...............69 Section 12.09. .......................................66 SECTION 11.09 Distribution or Notice to Representative...............................................67 SECTION 11.10 Rights of Trustee and Paying Agent.........................69 Section 12.10. Distribution or Notice to Representative...................69 Section 12.11. Article XII Not to Prevent Defaults or Limit Right to Accelerate.................................................69 Section 12.12. Trust Moneys Not Subordinated..............................70 Section 12.13. Trustee Entitled to Rely...................................70 Section 12.14......................................................67

Relative Rights. 69 75 Section 12.08. 10.10 Subordination May Not Be Impaired by Company...............69 ...............................................76 Section 12.09. 10.11 Distribution or Notice to or by Representative.............................................76 Section 10.12 Rights of Trustee and Paying Agent.........................69 .........................................................76 Section 12.10. Distribution or Notice 10.13 Authorization to Representative...................69 Effect Subordination......................................................76 Section 12.11. Article XII 10.14 Amendments.................................................................................77 Section 10.15 Trustee Not to Prevent Defaults or Limit Right to Accelerate.................................................69 Section 12.12. Trust Moneys Not Subordinated..............................70 Section 12.13. Trustee Entitled to Rely...................................70 Section 12.14.Fiduciary for Holders of Senior Debt...........................................77

Relative Rights. 69 Section 12.08. 47 SECTION 13.09 Subordination May Not Be Impaired by the Company...............69 Section 12.09. Rights of Trustee and Paying Agent.........................69 Section 12.10. ........... 48 SECTION 13.10 Distribution or Notice to Representative...................69 Section 12.11. Article XII Not ................... 48 SECTION 13.11 Rights of Trustee and Any Paying Agent..................... 48 SECTION 13.12 Authorization to Prevent Defaults or Limit Right to Accelerate.................................................69 Section 12.12. Trust Moneys Not Subordinated..............................70 Section 12.13. Trustee Entitled to Rely...................................70 Section 12.14.Effect Subordination...................... 48 ARTICLE XIV

Relative Rights. 69 41 Section 12.08. 11.08 Subordination May Not Be be Impaired by Company...............69 . ......... 42 Section 12.09. 11.09 Rights of Trustee and Paying Agent.........................69 . ................... 42 Section 12.10. 11.10 Distribution or Notice to Representative...................69 . ............. 42 Section 12.11. 11.11 Article XII 11 Not to Prevent Defaults Events of Default or Limit Right to Accelerate.................................................69 . ......................... 42 Section 12.12. 11.12 Trust Moneys Not Subordinated..............................70 . ........................ 42 Section 12.13. 11.13 Trustee Entitled to Rely...................................70 . ............................. 42 Section 12.14.11.14

Relative Rights. 69 97 Section 12.08. 11.09 Subordination May Not Be Impaired by Company...............69 ....... 97 Section 12.09. 11.10 Distribution or Notice to Representative........... 98 Section 11.11 Rights of Trustee and Paying Agent.........................69 ................. 98 Section 12.10. Distribution or Notice 11.12 Authorization to Representative...................69 Effect Subordination.............. 98 Section 12.11. Article XII Not to Prevent Defaults or Limit Right to Accelerate.................................................69 Section 12.12. Trust Moneys Not Subordinated..............................70 Section 12.13. Trustee Entitled to Rely...................................70 Section 12.14.11.14 Amendments......................................... 99

Relative Rights. 69 .. 46 Section 12.08. 6.9 Subordination May Not Be Impaired by Company...............69 Company ....................... 47 Section 12.09. 6.10 Distribution or Notice to Representative ........................... 47 Section 6.11 Rights of Trustee and Paying Agent.........................69 Agent ................................. 47 Section 12.10. Distribution or Notice 6.12 Authorization to Representative...................69 Effect Subordination .............................. 48 Section 12.11. 6.13 Article XII Not Applicable to Prevent Defaults or Limit Right to Accelerate.................................................69 Paving Agents ................................ 48 Section 12.12. Trust Moneys Not Subordinated..............................70 Section 12.13. Trustee 6.14 Senior Indebtedness Entitled to Rely...................................70 Rely ............................... 48 Section 12.14.6.15 Certain Conversions Not Deemed Payment ............................. 48

Relative Rights. 69 82 Section 12.08. 10.09 Subordination May Not Be Impaired by the Company...............69 .........................................82 Section 12.09. 10.10 Distribution or Notice to Representative.................................................82 Section 10.11 Rights of Trustee and Paying Agent.........................69 .......................................................83 Section 12.10. Distribution or Notice 10.12 Authorization to Representative...................69 Section 12.11. Article XII Not to Prevent Defaults or Limit Right to Accelerate.................................................69 Section 12.12. Trust Moneys Not Subordinated..............................70 Section 12.13. Trustee Entitled to Rely...................................70 Section 12.14.Effect Subordination....................................................83

Relative Rights. 69 Section 12.08. 55 SECTION 11.09 Subordination May Not Be Impaired by the Company...............69 Section 12.09. .................................55 SECTION 11.10 Distribution or Notice to Representative.........................................56 SECTION 11.11 Rights of Trustee and Paying Agent.........................69 Section 12.10. Distribution or Notice to Representative...................69 Section 12.11. Article XII Not to Prevent Defaults or Limit Right to Accelerate.................................................69 Section 12.12. Trust Moneys Not Subordinated..............................70 Section 12.13. Trustee Entitled to Rely...................................70 Section 12.14................................................56

Relative Rights. 69 Section 12.08. 72 SECTION 11.09 Subordination May Not Be Impaired by the Company...............69 Section 12.09. ............................72 SECTION 11.10 Distribution or Notice to Representative....................................73 SECTION 11.11 Rights of Trustee and Paying Agent.........................69 Section 12.10. Distribution or Notice to Representative...................69 Section 12.11. Article XII Not to Prevent Defaults or Limit Right to Accelerate.................................................69 Section 12.12. Trust Moneys Not Subordinated..............................70 Section 12.13. Trustee Entitled to Rely...................................70 Section 12.14...........................................73 ARTICLE 12 MISCELLANEOUS

Relative Rights. 69 42 Section 12.0811.8. Subordination May Not Be Impaired by Company...............69 ................................ 42 Section 12.0911.9. Rights of Trustee and Paying Agent.........................69 .......................................... 42 Section 12.1011.10. Distribution or Notice to Representative...................69 ................................... 43 Section 12.1111.11. Article XII XI Not to Prevent Defaults Events of Default or Limit Right to Accelerate.................................................69 ... 43 Section 12.1211.12. Trust Moneys Not Subordinated..............................70 .............................................. 43 Section 12.1311.13. Trustee Entitled to Rely...................................70 ................................................... 43 Section 12.1411.14.

Relative Rights. 69 97 Section 12.08. Subordination May Not Be be Impaired by Company...............69 Guarantors................................97 Section 12.09. Rights of Trustee and Paying Agent.........................69 .............................................98 Section 12.10. Distribution or Notice to Representative...................69 .......................................98 Section 12.11. Article XII 12 Not to Prevent Defaults Events of Default or Limit Right to Accelerate.................................................69 .......98 Section 12.12. Trust Moneys Monies Not Subordinated..............................70 ..................................................98 Section 12.13. Trustee Entitled to Rely...................................70 .......................................................98 Section 12.14.

Relative Rights. 69 81 Section 12.0810.10. Subordination May Not Be Impaired by Company...............69 ..............82 Section 12.0910.11. Distribution or Notice to Representative..................82 Section 10.12. Rights of Trustee and Paying Agent.........................69 ........................82 Section 12.1010.13. Distribution or Notice Authorization to Representative...................69 Effect Subordination.....................83 Section 12.1110.14. Article XII Not to Prevent Defaults or Limit Right to Accelerate.................................................69 Section 12.12. Trust Moneys Not Subordinated..............................70 Section 12.13. Trustee Entitled to Rely...................................70 Section 12.14.Amendments................................................83

Relative Rights. 69 71 Section 12.0810.10. Subordination May Not Be Impaired by Company...............69 .............. 72 Section 12.0910.11. Distribution or Notice to Representative.................. 72 Section 10.12. Rights of Trustee and Paying Agent.........................69 ........................ 73 Section 12.1010.13. Distribution or Notice Authorization to Representative...................69 Effect Subordination..................... 73 Section 12.1110.14. Article XII Not to Prevent Defaults or Limit Right to Accelerate.................................................69 Section 12.12. Trust Moneys Not Subordinated..............................70 Section 12.13. Trustee Entitled to Rely...................................70 Section 12.14.Amendments................................................ 73

Relative Rights. 69 64 Section 12.08. 10.09 Subordination May Not Be Impaired by Company...............69 Company ................. 65 Section 12.09. 10.10 Distribution or Notice to Representative ..................... 65 Section 10.11 Rights of Trustee and Paying Agent.........................69 Agent ........................... 65 Section 12.10. Distribution or Notice 10.12 Authorization to Representative...................69 Effect Subordination ........................ 66 Section 12.11. Article XII Not 10.13 Amendments ................................................... 66 Section 10.14 Inapplicability to Prevent Defaults or Limit Right to Accelerate.................................................69 Section 12.12. Trust Moneys Not Subordinated..............................70 Section 12.13. Trustee Entitled to Rely...................................70 Section 12.14.Debenture Guarantee ....................... 66

Relative Rights. 69 82 Section 12.08. 10.09 Subordination May Not Be Impaired by Company...........83 Section 10.10 Distribution or Notice to Representative...............69 83 Section 12.09. 10.11 Rights of Trustee and Paying Agent.........................69 .....................83 Section 12.10. Distribution or Notice 10.12 Authorization to Representative...................69 Effect Subordination..................83 Section 12.11. Article XII 10.13 No Waiver of Subordination Provisions..................84 Section 10.14 Amendments.............................................84 Section 10.15 Trustee's Compensation Not to Prevent Defaults or Limit Right to Accelerate.................................................69 Section 12.12. Trust Moneys Not Subordinated..............................70 Section 12.13. Trustee Entitled to Rely...................................70 Section 12.14.Prejudiced..................84

Relative Rights. 69 75 Section 12.0812.09. Subordination May Not Be Impaired by the Company...............69 Section 12.09. Rights of Trustee and Paying Agent.........................69 ...................76 Section 12.10. Distribution or Notice to Representative...................69 ...........................76 Section 12.11. Article XII Not to Prevent Defaults or Limit Right to Accelerate.................................................69 Rights of Trustee and Paying Agent.................................76 Section 12.12. Authorization to Effect Subordination..............................76 Section 12.13. Trust Moneys Not Subordinated..............................70 Section 12.13. Trustee Entitled to Rely...................................70 Section 12.14.......................................77

Relative Rights. 69 62 Section 12.08. 10.08 Subordination May Not Be Impaired by Company...............69 ...................... 63 Section 12.09. 10.09 Distribution or Notice to Representatives......................... 63 Section 10.10 Rights of Trustee and Paying Agent.........................69 ................................ 63 Section 12.10. Distribution or Notice to Representative...................69 Section 12.11. Article XII Not to Prevent Defaults or Limit Right to Accelerate.................................................69 Section 12.12. Trust Moneys Not Subordinated..............................70 Section 12.13. 10.11 Trustee Entitled to Rely...................................70 Assume Payments Not Prohibited in Absence of Notice............................................................ 63 Section 12.14.10.12 Application by Trustee of Monies Deposited With It................ 63 Section 10.13 Trustee's Compensation Not Prejudiced............................. 64 Section 10.14 Officers' Certificate............................................. 64 Section 10.15

Relative Rights. 69 Section 12.08. Subordination May Not Be Impaired by Company..................................................................69 Section 12.09. Rights of Trustee and Paying Agent......................................................................................69 Section 12.10. Distribution or Notice to Representative..........................................................................69 Section 12.11. Article XII Not to Prevent Defaults or Limit Right to Accelerate................................................................................69 Section 12.12. Trust Moneys Not Subordinated................................................................................................70 Section 12.13. Trustee Entitled to Rely..........................................................................................................70 Section 12.14.

Relative Rights. 69 110 Section 12.0813.08. Subordination May Not Be Impaired by Company...............69 the Company ... 111 Section 12.0913.09. Rights of Trustee and Paying Agent.........................69 Agent ................. 111 Section 12.1013.10. Distribution or Notice to Representative...................69 Representative ........... 111 Section 12.1113.11. Article XII XIII Not to To Prevent Defaults Under the Guaranty or Limit Right to Accelerate.................................................69 To Demand Payment .... 111 Section 12.12. Trust Moneys Not Subordinated..............................70 Section 12.1313.12. Trustee Entitled to Rely...................................70 To Rely ........................... 112 Section 12.1413.13.

Relative Rights. 69 Section 12.08. 79 SECTION 11.09 Subordination May Not Be Impaired by the Company...............69 Section 12.09. ................................... 80 SECTION 11.10 Distribution or Notice to Representative........................................... 80 SECTION 11.11 Rights of Trustee and Paying Agent.........................69 Section 12.10. Distribution or Notice to Representative...................69 Section 12.11. Article XII Not to Prevent Defaults or Limit Right to Accelerate.................................................69 Section 12.12. Trust Moneys Not Subordinated..............................70 Section 12.13. Trustee Entitled to Rely...................................70 Section 12.14.................................................. 80 ARTICLE 12 SECURITY SECTION 12.01 Security........................................................................... 81

Relative Rights. 69 61 Section 12.08. 10.10 Subordination May Not Be Impaired by Company...............69 ............62 Section 12.09. 10.11 Distribution or Notice to Representative................63 Section 10.12 Rights of Trustee and Paying Agent.........................69 ......................63 Section 12.10. Distribution or Notice 10.13 Authorization to RepresentativeEffect Subordination...................69 63 Section 12.11. 10.14 Payment.................................................64 Section 10.15 Defeasance of this Article XII 10...........................64 Section 10.16 No Claims Against Subsidiaries..........................64 Section 10.17 Amendments..............................................65 Section 10.18 Trustee Not to Prevent Defaults or Limit Right to Accelerate.................................................69 Section 12.12. Trust Moneys Not Subordinated..............................70 Section 12.13. Trustee Entitled to Rely...................................70 Section 12.14.Fiduciary for Holders of Senior Debt........65

Relative Rights. 69 .. 67 Section 12.0810.09. Subordination May Not Be Impaired by the Company...............69 ...... 67 Section 12.0910.10. Distribution or Notice to Representative.............. 68 Section 10.11. Rights of Trustee and Paying Agent............................................. 68 Section 10.12. Authorization to Effect Subordination................. 69 Section 12.1010.13. Distribution or Notice to Representative...................69 Section 12.11. Article XII Not to Prevent Defaults or Limit Right to Accelerate.................................................69 Section 12.12. Trust Moneys Not Subordinated..............................70 Section 12.13. Trustee Entitled to Rely...................................70 Section 12.14.Amendments............................................ 69

Relative Rights. 69 87 Section 12.0811.08. Subordination May Not Be be Impaired by Company...............69 ................................................... 87 Section 12.0911.09. Rights of Trustee and Paying Agent.........................69 ............................................................. 88 Section 12.1011.10. Distribution or Notice to Representative...................69 ....................................................... 88 Section 12.1111.11. Article XII 11 Not to Prevent Defaults Events of Default or Limit Right to Accelerate.................................................69 ....................... 88 Section 12.1211.12. Trust Moneys Not Subordinated..............................70 .................................................................. 88 Section 12.1311.13. Trustee Entitled to Rely...................................70 ....................................................................... 88 Section 12.1411.14.

Relative Rights. 69 45 Section 12.08. 11.9 Subordination May Not Be Impaired by By Company...............69 ................................ 45 Section 12.09. 11.10 Distribution or Notice to Representative.................................... 45 Section 11.11 Rights of Trustee and Paying Agent.........................69 .......................................... 46 Section 12.10. Distribution or Notice 11.12 Authorization to Representative...................69 Effect Subordination....................................... 46 Section 12.11. 11.13 Article XII Not Applicable to Prevent Defaults or Limit Right to Accelerate.................................................69 Paying Agents......................................... 46 Section 12.12. Trust Moneys Not Subordinated..............................70 Section 12.13. Trustee 11.14 Senior Debt Entitled to Rely...................................70 Section 12.14................................................. 46

Relative Rights. 69 86 Section 12.08. 10.09 Subordination May Not Be Impaired by Company...............69 ............................................... 86 Section 12.09. 10.10 Distribution or Notice to Representative................................................... 86 Section 10.11 Rights of Trustee and Paying Agent.........................69 ......................................................... 87 Section 12.10. Distribution or Notice 10.12 Authorization to Representative...................69 Effect Subordination...................................................... 87 Section 12.11. Article XII Not to Prevent Defaults or Limit Right to Accelerate.................................................69 Section 12.12. Trust Moneys Not Subordinated..............................70 Section 12.13. Trustee Entitled to Rely...................................70 Section 12.14.10.13 Amendments................................................................................. 87

Relative Rights. 69 85 Section 12.08. 11.09 Subordination May Not Be Impaired by Company...............69 .................86 Section 12.09. 11.10 Distribution or Notice to Representative.....................86 Section 11.11 Rights of Trustee and Paying Agent.........................69 ...........................86 Section 12.10. Distribution or Notice 11.12 Authorization to Representative...................69 Effect Subordination........................87 Section 12.11. Article XII Not to Prevent Defaults or Limit Right to Accelerate.................................................69 Section 12.12. Trust Moneys Not Subordinated..............................70 Section 12.13. Trustee Entitled to Rely...................................70 Section 12.14.11.13 Amendments...................................................87

Relative Rights. 69 120 Section 12.08. 11.10 Subordination May Not Be Impaired by Company...............69 By The Guarantors.......................... 121 Section 12.09. 11.11 Distribution Or Notice To Representative..................................... 122 Section 11.12 Rights of Of Trustee and And Paying Agent.........................69 ........................................... 122 Section 12.10. Distribution or Notice to Representative...................69 Section 12.11. 11.13 Article XII XI Not to To Prevent Defaults Events of Default Under A Note Guarantee or Limit Right to Accelerate.................................................69 Demand Payment................................................ 123 Section 12.12. Trust Moneys Not Subordinated..............................70 11.14 Authorization To Effect Subordination........................................ 123 Section 12.13. Trustee Entitled 11.15 Article Applicable to Rely...................................70 Section 12.14.Paying Agents.......................................... 123

Relative Rights. 69 47 Section 12.0810.10. Subordination May Not Be Impaired by By Company...............69 . ........... 48 Section 12.0910.11. Distribution or Notice to Representative. ............... 48 Section 10.12. Rights of Trustee and Paying Agent.........................69 . ..................... 48 Section 12.1010.13. Distribution or Notice Authorization to Representative...................69 Section 12.11Effect Subordination. Article XII Not to Prevent Defaults or Limit Right to Accelerate.................................................69 Section 12.12. Trust Moneys Not Subordinated..............................70 Section 12.13. Trustee Entitled to Rely...................................70 Section 12.14................... 49

Relative Rights. 69 Section 12.08. 52 SECTION 10.08 Subordination May Not Be Impaired by Company...............69 Section 12.09. Partnership...................................... 52 SECTION 10.09 Rights of Trustee and Paying Agent.........................69 Section 12.10. .................................................... 52 SECTION 10.10 Distribution or Notice to Representative...................69 Section 12.11. .............................................. 53 SECTION 10.11 Article XII X Not to Prevent Defaults or Limit Right to Accelerate.................................................69 Section 12.12. ........................ 53 SECTION 10.12 Trust Moneys Not Subordinated..............................70 Section 12.13. ......................................................... 53 SECTION 10.13 Trustee Entitled to Rely...................................70 Section 12.14............................................................... 53 SECTION 10.14

Relative Rights. 69 82 Section 12.0811.08. Subordination May Not Be Impaired by Company...............69 ..................83 Section 12.0911.09. Distribution or Notice to Representative......................83 Section 11.10. Rights of Trustee and Paying Agent............................84 Section 11.11. Authorization to Effect Subordination.........................69 84 Section 12.1011.12. Distribution or Notice to Representative...................69 Section 12.11. Article XII Not to Prevent Defaults or Limit Right to Accelerate.................................................69 Section 12.12. Trust Moneys Not Subordinated..............................70 Section 12.13. Trustee Entitled to Rely...................................70 Section 12.14.Amendments....................................................84 ARTICLE XII

Relative Rights. 69 68 Section 12.0810.10. Subordination May Not Be Impaired by Company................................ 69 Section 12.0910.11. Distribution or Notice to Representative..................... 69 Section 10.12. Rights of Trustee and Paying Agent.................................................... 69 Section 12.1010.13. Distribution or Notice Authorization to Representative...................Effect Subordination........................ 69 Section 12.1110.14. Article XII Not to Prevent Defaults or Limit Right to Accelerate.................................................69 Section 12.12. Trust Moneys Not Subordinated..............................Amendments................................................... 70 Section 12.13. Trustee Entitled to Rely...................................70 Section 12.14.ARTICLE 11 MISCELLANEOUS

Relative Rights. 69 67 Section 12.0810.10. Subordination May Not Be Impaired by Company...............69 68 Section 12.0910.11. Distribution or Notice to Representative...................68 Section 10.12. Rights of Trustee and Paying Agent.........................68 Section 10.13. Authorization to Effect Subordination......................69 Section 12.1010.14. Distribution or Notice to Representative...................No Waiver of Subordination Provisions......................69 Section 12.1110.15. Article XII Not to Prevent Defaults or Limit Right to AccelerateAmendments.................................................69 Section 12.12ARTICLE 11. Trust Moneys Not Subordinated..............................70 Section 12.13. Trustee Entitled to Rely...................................70 Section 12.14.MISCELLANEOUS...................................................69

Relative Rights. 69 88 Section 12.08. 12.08 Subordination May Not not Be Impaired by Company...............69 Note Guarantors.........................88 Section 12.09. 12.09 Rights of Trustee and Paying Agent.........................69 ...........................................88 Section 12.10. 12.10 Distribution or Notice to Representative...................69 .....................................89 Section 12.11. 12.11 Article XII Not 12 not to Prevent Defaults Under the Note Guarantees or Limit Right to Accelerate.................................................69 Demand Payment.............................................89 Section 12.12. Trust Moneys Not Subordinated..............................70 Section 12.13. 12.12 Trustee Entitled to Rely...................................70 Rely Upon Any Payment or Distribution....................89 Section 12.14.12.13

Relative Rights. 69 71 Section 12.0812.10. Subordination May Not Be Impaired by the Company...............69 ............................................72 Section 12.0912.11. Distribution or Notice to Representative....................................................72 Section 12.12. Rights of Trustee and Paying Agent.........................69 Section 12.10. Distribution or Notice to Representative...................69 Section 12.11. Article XII Not to Prevent Defaults or Limit Right to Accelerate.................................................69 Section 12.12. Trust Moneys Not Subordinated..............................70 ..........................................................72 Section 12.13. Trustee Entitled Authorization to Rely...................................70 Effect Subordination.......................................................72 Section 12.14.. Amendments..................................................................................72 ARTICLE THIRTEEN

Relative Rights. 69 .. 43 Section 12.08. 14.9 Subordination May Not Be Impaired by Company...............69 .................. 43 Section 12.09. 14.10 Distribution or Notice to Representative..................... 44 Section 14.11 Rights of Trustee and Paying Agent.........................69 ........................... 44 Section 12.10. Distribution or Notice 14.12 Authorization to Representative...................69 Effect Subordination........................ 45 Section 12.11. Article XII Not to Prevent Defaults or Limit Right to Accelerate.................................................69 Section 12.12. Trust Moneys Not Subordinated..............................70 Section 12.13. Trustee Entitled to Rely...................................70 Section 12.14.14.13 Amendments................................................... 45

Relative Rights. 69 57 Section 12.08. 11.09 Subordination May Not Be Impaired by Company...............69 ..................58 Section 12.09. 11.10 Distribution or Notice to Representative......................58 Section 11.11 Rights of Trustee and Paying Agent............................58 Section 11.12 Authorization to Effect Subordination.........................69 58 Section 12.10. Distribution or Notice 11.13 Article Applicable to Representative...................69 Paying Agents...........................59 Section 12.11. Article XII Not to Prevent Defaults or Limit Right to Accelerate.................................................69 Section 12.12. Trust Moneys Not Subordinated..............................70 Section 12.13. Trustee 11.14 Senior Debt Entitled to Rely...................................70 ..................................59 Section 12.14.11.15

Relative Rights. 69 Section 12.0876 --------------- SECTION 10.8. Subordination May Not Be Impaired by Company...............69 Section 12.09........................................... 76 -------------------------------------------- SECTION 10.9. Rights of Trustee and Paying Agent.........................69 Section 12.10..................................................... 76 ---------------------------------- SECTION 10.10. Distribution or Notice to Representative...................69 Section 12.11............................................... 77 ---------------------------------------- SECTION 10.11. Article XII X Not to To Prevent Defaults Events of Default or Limit Right to To Accelerate.................................................69 Section 12.12................ 77 ----------------------------------------------------------------------- SECTION 10.12. Trust Moneys Not Subordinated..............................70 Section 12.13.......................................................... 77 ----------------------------- SECTION 10.13. Trustee Entitled to To Rely...................................70 Section 12.14............................................................... 77 ------------------------ SECTION 10.14.

Relative Rights. 69 ..96 Section 12.08. 10.10 Subordination May Not Be Impaired by Company...............69 ....................97 Section 12.09. 10.11 Distribution or Notice to Representative........................97 Section 10.12 Rights of Trustee and Paying Agent.........................69 ..............................97 Section 12.10. Distribution or Notice 10.13 Authorization to Representative...................69 Effect Subordination...........................98 Section 12.11. Article XII Not to Prevent Defaults or Limit Right to Accelerate.................................................69 Section 12.12. Trust Moneys Not Subordinated..............................70 Section 12.13. Trustee Entitled to Rely...................................70 Section 12.14.10.14 Amendments......................................................98

Relative Rights. 69 89 Section 12.0811.10. Subordination May Not Be Impaired by Company...............69 .................90 Section 12.0911.11. Distribution or Notice to Representative.....................90 Section 11.12. Rights of Trustee and Paying Agent.........................69 ...........................90 Section 12.10. Distribution or Notice to Representative...................69 Section 12.11. Article XII Not to Prevent Defaults or Limit Right to Accelerate.................................................69 Section 12.12. Trust Moneys Not Subordinated..............................70 Section 12.1311.13. Trustee Entitled to Rely...................................70 Section 12.14.Not Charged with Knowledge of Prohibition............90

Relative Rights. 69 35 Section 12.085.09. Subordination May Not Be Impaired by Company...............69 ...................................................35 Section 12.095.10. Distribution or Notice to Representative.......................................................35 Section 5.11. Rights of Trustee and Paying Agent.........................69 .............................................................35 Section 12.105.12. Distribution or Notice Authorization to Representative...................69 Effect Subordination..........................................................36 Section 12.115.13. Article XII Not to Prevent Defaults or Limit Right to Accelerate.................................................69 Payments of Notes Permitted....................................................................36 Section 12.12. Trust Moneys Not Subordinated..............................70 Section 12.135.14. Trustee Entitled to Rely...................................70 Section 12.14.Not Fiduciary for Holders of Senior Indebtedness.......................................36 ARTICLE 6. COVENANTS 37

Relative Rights. 69 Section 12.08. 65 SECTION 10.09 Subordination May Not Be Impaired by the Company...............69 Section 12.09. ................... 66 SECTION 10.10 Distribution of Notice to Representative........................... 66 SECTION 10.11 Rights of Trustee and Paying Agent.........................69 Section 12.10. Distribution or Notice to Representative...................69 Section 12.11. Article XII Not to Prevent Defaults or Limit Right to Accelerate.................................................69 Section 12.12. Trust Moneys Not Subordinated..............................70 Section 12.13. Trustee Entitled to Rely...................................70 Section 12.14.................................. 66 SECTION 10.12 Consent of Holders of Specified Senior Indebtedness................ 66 SECTION 10.13

Relative Rights. 69 Section 12.08. 72 SECTION 11.08 Subordination May Not Be Impaired by Company...............69 Section 12.09. Company or Guarantor...................73 SECTION 11.09 Rights of Trustee and Paying Agent.........................69 Section 12.10. ..........................................73 SECTION 11.10 Distribution or Notice to Representative...................69 Section 12.11. ....................................73 SECTION 11.11 Article XII 11 Not to Prevent Defaults Events of Default or Limit Right to Accelerate.................................................69 Section 12.12. ..................................................................73 SECTION 11.12 Trust Moneys Not Subordinated..............................70 Section 12.13. ...............................................73 SECTION 11.13 Trustee Entitled to Rely...................................70 Section 12.14.....................................................74

Relative Rights. 69 68 Section 12.0813.08. Subordination May Not Be Impaired by Company...............Guarantors................................... 69 Section 12.0913.09. Rights of Trustee and Paying Agent.........................; Rights of Holders of Senior Debt.............. 69 Section 12.1013.10. Distribution or Notice to Representative...................69 .......................................... 70 Section 12.1113.11. Article XII 13 Not to Prevent Defaults Events of Default or Limit Right to Accelerate.................................................69 Demand Payment...... 70 Section 12.1213.12. Trust Moneys Not Subordinated................................................................................... 70 Section 12.1313.13. Trustee Entitled to Rely............................................................................................. 70 Section 12.1413.14.

Relative Rights. 69 76 Section 12.08. 11.09 Subordination May Not Be Impaired by By The Company...............69 .......................... 76 Section 12.09. 11.10 Distribution Or Notice To Representative.................................. 76 Section 11.11 Rights of Of Trustee and And Paying Agent.........................69 Section 12.10. Distribution or Notice to Representative...................69 Section 12.11. Article XII Not to Prevent Defaults or Limit Right to Accelerate.................................................69 Section 12.12. Trust Moneys Not Subordinated..............................70 Section 12.13. Trustee Entitled to Rely...................................70 Section 12.14......................................... 77

Relative Rights. 69 .. 43 Section 12.08. 14.9 Subordination May Not Be Impaired by Company...............69 ............... 44 Section 12.09. 14.10 Distribution or Notice to Representative................... 44 Section 14.11 Rights of Trustee and Paying Agent.........................69 ......................... 44 Section 12.10. Distribution or Notice 14.12 Authorization to Representative...................69 Effect Subordination...................... 45 Section 12.11. Article XII Not to Prevent Defaults or Limit Right to Accelerate.................................................69 Section 12.12. Trust Moneys Not Subordinated..............................70 Section 12.13. Trustee Entitled to Rely...................................70 Section 12.14.14.13 Amendments................................................. 45

Relative Rights. 69 Section 12.08. 53 SECTION 11.9 Subordination May Not Be Impaired by Company...............69 Section 12.09. ..............................................53 SECTION 11.10 Distribution or Notice to Representative..................................................53 SECTION 11.11 Rights of Trustee and Paying Agent.........................69 Section 12.10. Distribution or Notice ........................................................53 SECTION 11.12 Authorization to Representative...................69 Section 12.11. Effect Subordination.....................................................54 SECTION 11.13 Article XII Not Applicable to Prevent Defaults or Limit Right to Accelerate.................................................69 Section 12.12. Trust Moneys Not Subordinated..............................70 Section 12.13. Trustee Paying Agents.......................................................54 SECTION 11.14 Senior Indebtedness Entitled to Rely...................................70 Section 12.14.......................................................54 SECTION 11.15

Relative Rights. 69 68 Section 12.0810.08. Subordination May Not Be Impaired by Company..................................69 Section 12.0910.09. Rights of Trustee and Paying Agent......................................................69 Section 12.1010.10. Distribution or Notice to Representative...................69 Section 12.11. Article XII Not to Prevent Defaults or Limit Right to Accelerate.................................................69 Section 12.12. Trust Moneys Not Subordinated..............................70 Section 12.13. Trustee Entitled to Rely...................................70 Section 12.14........................69

Relative Rights. 69 72 Section 12.08. 10.09 Subordination May Not Be Impaired by Company...............69 .................................73 Section 12.09. 10.10 Distribution or Notice to Representative.....................................73 Section 10.11 Rights of Trustee and Paying Agent.........................69 ...........................................73 Section 12.10. Distribution or Notice 10.12 Authorization to Representative...................69 Effect Subordination........................................73 Section 12.11. Article XII Not to Prevent Defaults or Limit Right to Accelerate.................................................69 Section 12.12. Trust Moneys Not Subordinated..............................70 Section 12.13. Trustee Entitled to Rely...................................70 Section 12.14.10.13 Amendments...................................................................74

Relative Rights. 69 94 Section 12.08. 10.10 Subordination May Not Be Impaired by Company...............69 ..............95 Section 12.09. 10.11 Distribution or Notice to Representative..................95 Section 10.12 Rights of Trustee and Paying Agent.........................69 ........................95 Section 12.10. Distribution or Notice 10.13 Authorization to Representative...................69 Effect Subordination.....................96 Section 12.11. Article XII Not to Prevent Defaults or Limit Right to Accelerate.................................................69 Section 12.12. Trust Moneys Not Subordinated..............................70 Section 12.13. Trustee Entitled to Rely...................................70 Section 12.1410.14 Amendments................................................96 ARTICLE 11.

Relative Rights. 69 Section 12.08. 59 SECTION 10.08 Subordination May Not Be Impaired by Company...............69 Section 12.09. ...................................59 SECTION 10.09 Rights of Trustee and Paying Agent.........................69 Section 12.10. .............................................60 SECTION 10.10 Distribution or Notice to Representative...................69 Section 12.11. .......................................60 SECTION 10.11 Article XII X Not to Prevent Defaults Events of Default or Limit Right to Accelerate.................................................69 Section 12.12. ........60 SECTION 10.12 Trust Moneys Not Subordinated..............................70 Section 12.13. ..................................................60 SECTION 10.13 Trustee Entitled to Rely...................................70 Section 12.14........................................................60 SECTION 10.14

Relative Rights. 69 .. 43 Section 12.08. 6.9 Subordination May Not Be Impaired by Company...............69 .......... 43 Section 12.09. 6.10 Distribution or Notice to Representative............. 44 Section 6.11 Rights of Trustee and Paying Agent.........................69 ................... 44 Section 12.10. Distribution or Notice 6.12 Authorization to Representative...................69 Effect Subordination................ 44 Section 12.11. 6.13 Article XII Not Applicable to Prevent Defaults or Limit Right to Accelerate.................................................69 Paying Agents.................. 44 Section 12.12. Trust Moneys Not Subordinated..............................70 Section 12.13. Trustee 6.14 Senior Indebtedness Entitled to Rely...................................70 ................. 45 Section 12.14.6.15 Certain Conversions Not Deemed Payment............... 45

Relative Rights. 69 62 Section 12.08. 10.08 Subordination May Not Be Impaired by Company...............69 ........................................ 63 Section 12.09. 10.09 Distribution or Notice to Representatives........................................... 63 Section 10.10 Rights of Trustee and Paying Agent.........................69 .................................................. 63 Section 12.10. Distribution or Notice to Representative...................69 Section 12.11. Article XII Not to Prevent Defaults or Limit Right to Accelerate.................................................69 Section 12.12. Trust Moneys Not Subordinated..............................70 Section 12.13. 10.11 Trustee Entitled to Rely...................................70 Assume Payments Not Prohibited in Absence of Notice.............................................................................. 63 Section 12.14.10.12 Application by Trustee of Monies Deposited With It.................................. 63 Section 10.13 Trustee's Compensation Not Prejudiced............................................... 64 Section 10.14 Officers' Certificate............................................................... 64 Section 10.15

Relative Rights. 69 ..54 Section 12.08. Subordination May Not Be Impaired by Company...............69 Partnership...........................................54 Section 12.09. Rights of Trustee and Paying Agent.........................69 .........................................................54 Section 12.10. Distribution or Notice to Representative...................69 ...................................................55 Section 12.11. Article XII Not to Prevent Defaults or Limit Right to Accelerate.................................................69 ...........................55 Section 12.12. Trust Moneys Not Subordinated..............................70 ..............................................................55 Section 12.13. Trustee Entitled to Rely...................................70 ...................................................................55 Section 12.14.

Relative Rights. 69 87 Section 12.08. 10.09 Subordination May Not Be Impaired by Company...............69 Company .................................... 88 Section 12.09. 10.10 Distribution or Notice to Representative ........................................ 88 Section 10.11 Rights of Trustee and Paying Agent.........................69 Agent .............................................. 88 Section 12.10. Distribution or Notice 10.12 Authorization to Representative...................69 Section 12.11. Article XII Not to Prevent Defaults or Limit Right to Accelerate.................................................69 Section 12.12. Trust Moneys Not Subordinated..............................70 Section 12.13. Trustee Entitled to Rely...................................70 Section 12.14.Effect Subordination ........................................... 88

Relative Rights. 69 68 Section 12.0810.10. Subordination May Not Be Impaired by Company...............69 ...................................................68 Section 12.0910.11. Distribution or Notice to Representative.......................................................68 Section 10.12. Rights of Trustee and Paying Agent.........................69 Section 12.10. Distribution or Notice to Representative...................69 Section 12.11. Article XII Not to Prevent Defaults or Limit Right to Accelerate.................................................69 Section 12.12. Trust Moneys Not Subordinated..............................70 Section 12.13. Trustee Entitled to Rely...................................70 Section 12.14..............................................................69

Relative Rights. 69 55 Section 12.08. 12.08 Subordination May Not Be Impaired by Company...............69 ..................55 Section 12.09. 12.09 Rights of Trustee and Paying Agent.........................69 ............................55 Section 12.10. 12.10 Distribution or Notice to Representative...................69 ......................56 Section 12.11. 12.11 Article XII Not to Prevent Defaults or Limit Right to Accelerate.................................................69 ..................................................56 Section 12.12. 12.12 Trust Moneys Not Subordinated..............................70 .................................56 Section 12.13. 12.13 Trustee Entitled to Rely...................................70 ......................................56 Section 12.14.

Relative Rights. 69 Section 93 SECTION 12.08. Subordination May Not Be Impaired by Company...............69 Section ........................................... 94 SECTION 12.09. Rights of Trustee and Paying Agent.........................69 Section ..................................................... 94 SECTION 12.10. Distribution or Notice to Representative...................69 Section ............................................... 95 SECTION 12.11. Article XII 12 Not to To Prevent Defaults Under a Subsidiary Guaranty or Limit Right to Accelerate.................................................69 Section 12.12. Trust Moneys Not Subordinated..............................70 Section 12.13. Trustee Entitled to Rely...................................70 Section 12.14.To Demand Payment....................................................................... 95

Relative Rights. 69 Section 94 SECTION 12.08. Subordination May Not Be Impaired by Company...............69 Section Company ..............................................94 SECTION 12.09. Rights of Trustee and Paying AgentAgent .........................69 Section 94 SECTION 12.10. Distribution or Notice to Representative...................69 Section Representative ..........................................95 SECTION 12.11. Article XII 12 Not to Prevent Defaults Under a Guaranty or Limit Right to Accelerate.................................................69 Section To Demand Payment .......................................95 SECTION 12.12. Trust Moneys Not Subordinated..............................70 Section 12.13. Trustee Entitled to RelyTo Rely ...................................70 Section 12.1495 SECTION 12.13.

Relative Rights. 69 87 Section 12.08. 10.09 Subordination May Not Be Impaired by the Company...............69 .........................88 Section 12.09. 10.10 Distribution or Notice to Representative.................................88 Section 10.11 Rights of Trustee and Paying Agent.........................69 .......................................88 Section 12.10. Distribution or Notice 10.12 Authorization to Representative...................69 Section 12.11. Article XII Not to Prevent Defaults or Limit Right to Accelerate.................................................69 Section 12.12. Trust Moneys Not Subordinated..............................70 Section 12.13. Trustee Entitled to Rely...................................70 Section 12.14.Effect Subordination....................................88 ARTICLE ELEVEN [INTENTIONALLY LEFT BLANK] ARTICLE TWELVE SATISFACTION AND DISCHARGE

Relative Rights. 69 51 Section 12.0810.10. Subordination May Not Be Impaired by By Company...............69 .....................................51 Section 12.0910.11. Distribution or Notice to Representative.........................................51 Section 10.12. Rights of Trustee and Paying Agent.........................69 ...............................................52 Section 12.1010.13. Distribution or Notice Authorization to Representative...................69 Section 12.11. Article XII Not to Prevent Defaults or Limit Right to Accelerate.................................................69 Section 12.12. Trust Moneys Not Subordinated..............................70 Section 12.13. Trustee Entitled to Rely...................................70 Section 12.14.Effect Subordination............................................52

Relative Rights. 69 Section 12.08. 65 10.8 Subordination May Not Be Impaired by Company...............69 Section 12.09. .................................................. 66 -iii- TABLE OF CONTENTS (continued) PAGE 10.9 Rights of Trustee and Paying Agent.........................69 Section 12.10. ............................................................ 66 10.10 Distribution or Notice to Representative...................69 Section 12.11. Article XII Not to Prevent Defaults or Limit Right to Accelerate.................................................69 Section 12.12. ...................................................... 66 10.11 Trust Moneys Not Subordinated..............................70 Section 12.13. ................................................................. 66 10.12 Trustee Entitled to Rely...................................70 Section 12.14....................................................................... 66

Relative Rights. 69 Section SECTION 12.08. Subordination May Not Be Impaired by Company...............69 Section .......................................... SECTION 12.09. Rights of Trustee and Paying Agent.........................69 Section ................. SECTION 12.10. Distribution or Notice to Representative...................69 Section ................................... SECTION 12.11. Article XII Not to Prevent Defaults or Limit Right to Accelerate.................................................69 Section ..................... SECTION 12.12. Trust Moneys Not Subordinated..............................70 Section ...................... SECTION 12.13. Trustee Entitled to Rely...................................70 Section ........................... SECTION 12.14.

Relative Rights. 69 52 Section 12.08. 10.8 Subordination May Not Be Impaired by Company...............69 .................................52 Section 12.09. 10.9 Rights of Trustee and Paying Agent.........................69 ...........................................52 Section 12.10. 10.10 Distribution or Notice to Representative...................69 .....................................52 Section 12.11. 10.11 Article XII 10 Not to Prevent Defaults Events of Default or Limit Right to Accelerate.................................................69 ....................................................53 Section 12.12. 10.12 Trust Moneys Not Subordinated..............................70 ................................................53 Section 12.13. 10.13 Trustee Entitled to Rely...................................70 Rely upon Any Payment or Distribution..............................................................53 Section 12.14.10.14

Relative Rights. 69 71 Section 12.08. 10.09 Subordination May Not Be Impaired by Company...............69 .........................................72 Section 12.09. 10.10 Distribution or Notice to Representative.............................................72 Section 10.11 Rights of Trustee and Paying Agent.........................69 ...................................................72 Section 12.10. Distribution 10.12 Authorization to Effect Subordination................................................73 Section 10.13 Subordination Rights Not Impaired by Acts or Notice to Representative...................69 Omissions of the Company or Holders of Senior Debt.............................................73 Section 12.11. Article XII 10.14 Amendments...........................................................................74 Section 10.15 Trustee's Compensation Not to Prevent Defaults or Limit Right to Accelerate.................................................69 Section 12.12. Trust Moneys Not Subordinated..............................70 Section 12.13. Trustee Entitled to Rely...................................70 Section 12.14.Prejudiced................................................74

Relative Rights. 69 Section 12.08. 88 SECTION 10.10 Subordination May Not Be Impaired by By Company...............69 Section 12.09. ............................................88 SECTION 10.11 Distribution or Notice to Representative................................................89 SECTION 10.12 Rights of Trustee and Paying Agent.........................69 Section 12.10. Distribution or Notice ......................................................89 SECTION 10.13 Authorization to Representative...................69 Section 12.11. Article XII Effect Subordination...................................................89 SECTION 10.14 Trustee's Compensation Not to Prevent Defaults or Limit Right to Accelerate.................................................69 Section 12.12. Trust Moneys Not Subordinated..............................70 Section 12.13. Trustee Entitled to Rely...................................70 Section 12.14.Prejudiced...................................................90

Relative Rights. 69 83 Section 12.08. 10.09 Subordination May Not Be Impaired by Company...............69 Company .................................... 83 Section 12.09. 10.10 Distribution or Notice to Representative ........................................ 83 Section 10.11 Rights of Trustee and Paying Agent.........................69 Agent .............................................. 83 Section 12.10. Distribution or Notice 10.12 Authorization to Representative...................69 Effect Subordination ........................................... 84 Section 12.11. Article XII Not to Prevent Defaults or Limit Right to Accelerate.................................................69 Section 12.12. Trust Moneys Not Subordinated..............................70 Section 12.13. Trustee Entitled to Rely...................................70 Section 12.14.10.13 Amendments ...................................................................... 84

Relative Rights. 69 90 Section 12.08. 12.08 Subordination May Not not Be Impaired by Company...............69 Note Guarantors.........................90 Section 12.09. 12.09 Rights of Trustee and Paying Agent.........................69 ...........................................90 Section 12.10. 12.10 Distribution or Notice to Representative...................69 .....................................91 Section 12.11. 12.11 Article XII Not 12 not to Prevent Defaults Under the Note Guarantees or Limit Right to Accelerate.................................................69 Demand Payment.............................................91 Section 12.12. Trust Moneys Not Subordinated..............................70 Section 12.13. 12.12 Trustee Entitled to Rely...................................70 Rely Upon Any Payment or Distribution....................91 Section 12.14.12.13

Relative Rights. 69 39 Section 12.08. 12.10 Subordination May Not Be be Impaired by Company...............69 ..................39 Section 12.09. 12.11 Distribution or Notice to Representative......................39 Section 12.12 Rights of Trustee and Paying Agent.........................69 ............................39 Section 12.10. Distribution or Notice to Representative...................69 Section 12.11. Article XII 12.13 Trustee Not to Prevent Defaults or Limit Right to Accelerate.................................................69 Section 12.12. Trust Moneys Not Subordinated..............................70 Section 12.13. Trustee Entitled to Rely...................................70 Section 12.14.Fiduciary for Holders of Senior Debt..............40

Relative Rights. 69 .. 93 Section 12.08. 14.10 Subordination May Not Be Impaired by Company...............69 Company ........................... 94 Section 12.09. 14.11 Distribution or Notice to Representative ............................... 94 Section 14.12 Rights of Trustee and Paying Agent.........................69 Agent ..................................... 94 Section 12.10. Distribution or Notice 14.13 Authorization to Representative...................69 Effect Subordination .................................. 95 Section 12.11. Article XII Not to Prevent Defaults or Limit Right to Accelerate.................................................69 14.14 Amendments ............................................................. 95 Section 12.12. Trust Moneys Not Subordinated..............................70 Section 12.13. Trustee Entitled to Rely...................................70 Section 12.14.14.15 No Waiver of Subordination Provisions .................................. 95 ARTICLE XV

Relative Rights. 69 67 Section 12.0810.10. Subordination May Not Be Impaired by Company...............69 ..................................................67 Section 12.0910.11. Distribution or Notice to Representative......................................................67 Section 10.12. Rights of Trustee and Paying Agent.........................69 ............................................................67 Section 12.1010.13. Distribution or Notice Authorization to Representative...................69 Effect Subordination.........................................................68 Section 12.1110.14. Article XII Not to Prevent Defaults or Limit Right to Accelerate.................................................69 Section 12.12. Trust Moneys Not Subordinated..............................70 Section 12.13. Trustee Entitled to Rely...................................70 Section 12.14.Amendments....................................................................................68

Relative Rights. 69 81 Section 12.0810.10. Subordination May Not Be Impaired by Company...............69 ............... 82 Section 12.0910.11. Distribution or Notice to Representative................... 82 Section 10.12. Rights of Trustee and Paying Agent.........................69 ......................... 83 Section 12.1010.13. Distribution or Notice Authorization to Representative...................69 Effect Subordination...................... 83 Section 12.1110.14. Article XII Not to Prevent Defaults or Limit Right to Accelerate.................................................69 Amendments................................................. 83 Section 12.1210.15. Trust Moneys Not Subordinated..............................70 Section 12.13. Trustee Entitled to Rely...................................70 Section 12.14.Changes in Senior Debt..................................... 83

Relative Rights. 69 Section 12.08. ..28 SECTION 6.09 Subordination May Not Be Impaired by the Company...............69 Section 12.09. ......................28 SECTION 6.10 Distribution or Notice to Representative..............................28 SECTION 6.11 Rights of Trustee and Paying Agent.........................69 Section 12.10. Distribution or Notice ....................................29 SECTION 6.12 Authorization to Representative...................69 Section 12.11. Article XII Not to Prevent Defaults or Limit Right to Accelerate.................................................69 Section 12.12. Trust Moneys Not Subordinated..............................70 Section 12.13. Trustee Entitled to Rely...................................70 Section 12.14.Effect Subordination.................................29

Relative Rights. 69 60 Section 12.08. 11.9 Subordination May Not Be Impaired by Company...............69 ..................................... 60 Section 12.09. 11.10 Distribution or Notice to Representative.......................................... 61 Section 11.11 Rights of Trustee and Paying Agent.........................69 ............................................ 61 Section 12.10. Distribution or Notice 11.12 Authorization to Representative...................69 Effect Subordination........................................... 61 Section 12.11. Article XII 11.13 Conversions Not to Prevent Defaults or Limit Right to Accelerate.................................................69 Deemed Payment.......................... 62 Section 12.12. Trust Moneys Not Subordinated..............................70 Section 12.13. Trustee Entitled to Rely...................................70 Section 12.14.11.14 Amendments.............................................. 62 ARTICLE 12 MISCELLANEOUS................................................... 62