(f) Where the debtor is wound up and dissolved and essentially all of the debtor`s assets are distributed to a successor company, this subordination applies to the preferred creditors (as defined above) of the successor company. In clause 11 of the SFA, all proceeds from divestitures, IPOs, insurance, U.S. taxes and 75% of excess cash flows for each fiscal year had to be paid in a specified payment order. The agreement of the lenders who held 662/3 of the loan was necessary to modify or waive the term of a financial document, and all lenders needed to change the order of priority or subordination according to the CI. c). . .