Common use of Subordination of the Guarantees Clause in Contracts

Subordination of the Guarantees. SECTION 12.01. AGREEMENT TO SUBORDINATE SECTION 12.02. LIQUIDATION, DISSOLUTION, BANKRUPTCY SECTION 12.03. DEFAULT ON DESIGNATED SENIOR INDEBTEDNESS OF A GUARANTOR SECTION 12.04. DEMAND FOR PAYMENT SECTION 12.05. WHEN DISTRIBUTION MUST BE PAID OVER SECTION 12.06. SUBROGATION SECTION 12.07. RELATIVE RIGHTS SECTION 12.08. SUBORDINATION MAY NOT BE IMPAIRED BY A GUARANTOR SECTION 12.09. RIGHTS OF TRUSTEE AND PAYING AGENT

Appears in 2 contracts

Sources: Indenture (Broadwing Inc), Indenture (Broadwing Communications Inc)