Common use of Junior Stock Clause in Contracts

Junior Stock. The term "Junior Stock" shall mean any shares of any class or series of capital stock of the Corporation other than the Preferred Stock, any Senior Stock or the Common Stock.

Appears in 2 contracts

Samples: Debenture and Note Purchase Agreement (Safeguard Health Enterprises Inc), Debenture and Note Purchase Agreement (Anderson Jack R)

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Junior Stock. The term "Junior Stock" shall mean any shares (i) each class of any the Company’s common stock, par value $.0001 per share (“Common Stock”), and (ii) each other class or series of the Company’s capital stock stock, whether common, preferred or otherwise, the terms of which do not provide that shares of such class or series shall rank senior to or on a parity with shares of the Corporation other than Series A Preferred Stock as to distributions of dividends and distributions upon the Preferred Stockliquidation, any Senior Stock or winding-up and dissolution of the Common StockCompany.

Appears in 1 contract

Samples: Securities Purchase Agreement (Terra Energy & Resource Technologies, Inc.)

Junior Stock. The term "Junior Stock" shall mean any Common Stock, all shares hereafter authorized of any other class of common stock, and any other class or series of capital stock of the this Corporation other than the Preferred Stock, any that is not Senior Stock or the Common Parity Stock.

Appears in 1 contract

Samples: Stock Purchase Agreement (Craftclick Com Inc)

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Junior Stock. The term "Junior Stock" shall mean the Common Stock, and any shares other series of Preferred Stock of the Corporation, or any other class or series of the capital stock of the Corporation other than Corporation, authorized or issued after the Preferred Stockdate on which this Certificate is filed, that is junior to and over which the Series F has preference and priority in the payment of dividends and in the payment of amounts in the event of any Senior Stock voluntary or involuntary liquidation, dissolution or winding up of the Common Stockaffairs of the Corporation.

Appears in 1 contract

Samples: Merger Agreement (Primal Solutions Inc)

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