Common use of Holding Company Transactions Clause in Contracts

Holding Company Transactions. Any consummation of a Holding Company Transaction, unless as a result of the Holding Company Transaction each Senior Security shall be converted into or exchanged for securities having equal face amount, rank and preferences of the Company or the Acquiror (a “Holding Company Senior Security”). Any such Holding Company Senior Security shall entitle holders thereof to interest from the date of issuance of such Holding Company Senior Security on terms that are equivalent to the terms set forth herein, and shall have such other rights, preferences, privileges and voting powers, and limitations and restrictions thereof that are the same as the rights, preferences, privileges and voting powers, and limitations and restrictions thereof, of Senior Securities immediately prior to such conversion or exchange, taken as a whole;

Holding Company Transactions. Any consummation of a Holding Company Transaction, unless as a result of the Holding Company Transaction each Senior Security shall be converted into or exchanged for securities having equal face amount, rank and preferences of the Company or the Acquiror (a “Holding Company Senior Security”). Any such Holding Company Senior Security shall entitle holders thereof to interest from the date of issuance of such Holding Company Senior Security on terms that are equivalent to the terms set forth herein, and shall have such other rights, preferences, privileges and voting powers, and limitations and restrictions thereof that are the same as the rights, preferences, privileges and voting powers, and limitations and restrictions thereof, of Senior Securities immediately prior to such conversion or exchange, taken as a whole;; and