Common use of SECTION 1501 Clause in Contracts

SECTION 1501. Securities Subordinate to Senior Debt...................................................72 SECTION 1502. Payment Over of Proceeds Upon Dissolution, Etc..........................................73 SECTION 1503. Prior Payment to Senior Debt Upon Acceleration of Securities............................74 SECTION 1504. No Payment in Certain Circumstances.....................................................74 SECTION 1505. Payment Permitted If No Default.........................................................76 SECTION 1506. Subrogation to Rights of Holders of Senior Debt.........................................76

SECTION 1501. Securities Subordinate to Senior Debt...................................................72 ....................................................71 SECTION 1502. Payment Over of Proceeds Upon Dissolution, Etc..........................................73 ...........................................72 SECTION 1503. Prior Payment to Senior Debt Upon Acceleration of Securities............................74 .............................73 SECTION 1504. No Payment in Certain Circumstances...........................................................................................................74 SECTION 1505. Payment Permitted If No Default.........................................................76 ..........................................................75 SECTION 1506. Subrogation to Rights of Holders of Senior Debt.........................................76..........................................75

SECTION 1501. Securities Subordinate to Senior Debt...................................................72 ........................................... 69 SECTION 1502. Payment Over of Proceeds Upon Dissolution, Etc..........................................73 .................................. 69 SECTION 1503. Prior Payment to Senior Debt Upon Acceleration of Securities............................74 .................... 70 SECTION 1504. No Payment in Certain Circumstances.....................................................74 SECTION 1505. Payment Permitted If No Default.........................................................76 SECTION 1506. Subrogation to Rights of Holders of Senior Debt.........................................76............................................. 71

SECTION 1501. Securities Subordinate to Senior Debt....................................................................72 SECTION 1502. Payment Over of Proceeds Upon Dissolution, Etc..................................................73 SECTION 1503. Prior Payment to Senior Debt Upon Acceleration of Securities.......................................................74 SECTION 1504. No Payment in Certain Circumstances........................................................................74 SECTION 1505. Payment Permitted If No Default................................................................................76 SECTION 1506. Subrogation to Rights of Holders of Senior Debt................................................76 SECTION 1507. Provisions Solely to Define Relative Rights...........76