Indebtedness (as defined in "Description of Debentures—Subordination") and will he pad passu with IndebtednessRanking on a Parity with
-
a 1:1 the Debentures (as defined in "Description ... existing and future Senior
Indebtedness and will be pad passu with IndebtednessRanking on a
Parity with the Debentures. The debentures will also be structurally
subordinated to all liabilities ... approximately $1,828 million in outstanding Senior Indebtedness and $460
million of IndebtednessRanking on a Parity with the Debentures. The indenture pursuant to which the debentures
will be issued