Retirement of debt securities prior to  revolving funds and trust revolving funds.
Debt securities should be retired before revolving funds.
Revolving funds must be retired before anything else.
A man in a hat is behind the wall.
People who have graduated are in the worst spot.
The DJ is standing under the lights
The boys are tossing a volleyball.
The white dog is asleep.
My opinion of his intelligence was greatly raised.