Common use of Subordination and Priority Clause in Contracts

Subordination and Priority. 3 Section 3.1 Subordination of Claims and Obligations.................................................3 Section 3.2 Priorities Regarding Lease Collateral...................................................3 ARTICLE 4. PAYMENTS..................................................................................4 Section 4.1 AOI as Trustee..........................................................................4 Section 4.2 Permissible Payments of Subordinated Claims.............................................4 Section 4.3

Subordination and Priority. 3 6 Section 3.1 Subordination of Claims and Obligations.................................................3 ...............................6 Section 3.2 Priorities Regarding Lease Collateral...................................................3 ARTICLE 4. PAYMENTS..................................................................................4 .................................6 Section 4.1 AOI as Trustee..........................................................................4 Section 4.2 Permissible Payments of Subordinated Claims.............................................4 Section 4.33.3

Subordination and Priority. 3 5 Section 3.1 Subordination of Claims and Obligations.................................................3 .........................................................5 Section 3.2 Priorities Regarding Lease Collateral...................................................3 ARTICLE 4. PAYMENTS..................................................................................4 Section 4.1 AOI as Trustee..........................................................................4 Section 4.2 Permissible Payments of Subordinated Claims.............................................4 Section 4.3...........................................................5

Subordination and Priority. 3 4 Section 3.1 Subordination of Claims and Obligations.................................................3 4 Section 3.2 Priorities Regarding Lease Collateral...................................................3 4 ARTICLE 4. PAYMENTS..................................................................................4 5 Section 4.1 AOI LeBonheur as Trustee..........................................................................4 ....................................................................5 Section 4.2 Permissible Payments of Subordinated Claims.............................................4 Section 4.35