EQUAL RANK. The Notes rank equally and ratably without priority over one another. No payment, including any prepayment, shall be made hereunder unless payment, including any prepayment, is made with respect to the other Notes in an amount which bears the same ratio to the then unpaid balance on such other Notes as the payment made hereon bears to the then unpaid balance under this Note.
Appears in 5 contracts
Samples: Note and Warrant Purchase Agreement (General Housing Inc), Securities Purchase Agreement (General Housing Inc), Junior Subordinated Note (General Housing Inc)
