Pari Passu Notes. Holder acknowledges and agrees that the payment of all or any portion of the outstanding Principal Balance of this Note and all Interest hereon shall be pari passu in right of payment and in all other respects to the other unsecured subordinated promissory notes issued and all other trade debt and other obligations of the Company ranking similar to the Note.
Appears in 7 contracts
Samples: Unsecured Subordinated Promissory Note (La Rosa Holdings Corp.), Unsecured Subordinated Promissory Note (La Rosa Holdings Corp.), Unsecured Subordinated Promissory Note (La Rosa Holdings Corp.)
Pari Passu Notes. The Holder acknowledges and agrees that the payment of all or any portion of the outstanding Principal Balance principal amount of and all interest on this Note and all Interest hereon shall be pari passu in right of payment and in all other respects to the other unsecured subordinated promissory notes Notes issued and all other trade debt and other obligations of the Company ranking similar pursuant to the NotePurchase Agreement.
Appears in 3 contracts
Samples: Bridge Note Purchase Agreement, Bridge Note Purchase Agreement (Inspire Medical Systems, Inc.), Bridge Note Purchase Agreement (Inspire Medical Systems, Inc.)
Pari Passu Notes. Holder acknowledges and agrees that the payment of all or any portion of the outstanding Principal Balance of this Note and all Interest interest hereon shall be pari passu in right of payment and in all other respects to the other unsecured subordinated convertible promissory notes note(s) issued and all other trade debt and other obligations of the Company ranking similar pursuant to the NotePurchase Agreement or pursuant to the terms of such notes. Maker shall make any payments under this Note and such other notes pro rata among the Holders of such notes based on the respective principal balances (together with any accrued and unpaid interest thereon) outstanding under them at the time of payment.
Appears in 2 contracts
Samples: Secured Convertible Promissory Note (H-Cyte, Inc.), Secured Convertible Promissory Note (H-Cyte, Inc.)
Pari Passu Notes. Holder acknowledges and agrees that the payment of all or any portion of the outstanding Principal Balance principal amount of this Note and all Interest interest hereon shall be pari passu in right of payment and in all other respects to the other unsecured subordinated promissory notes issued and (i) all other trade debt and other obligations of Company Notes (as defined in the Company ranking similar Note Purchase Agreement) issued pursuant to the NoteNote Purchase Agreement and (ii) that promissory note issued by Company to Holder dated February 11, 2003 in the principal amount of $2,500,000.
Appears in 2 contracts
Samples: Note Purchase and Line of Credit Agreement (Sunpower Corp), Note Purchase and Line of Credit Agreement (Sunpower Corp)
Pari Passu Notes. Holder Lender acknowledges and agrees that the payment of all or any portion of the outstanding Principal Balance principal amount of this Note and all Interest interest hereon shall be pari passu in right of payment and in all other respects to the other unsecured subordinated promissory notes Notes issued and all other trade debt and other obligations of the Company ranking similar pursuant to the NotePurchase Agreement.
Appears in 2 contracts
Samples: Note Purchase Agreement (Netshoes (Cayman) Ltd.), Note Purchase Agreement (Netshoes (Cayman) Ltd.)
Pari Passu Notes. Holder acknowledges and agrees that the payment of all or any portion of the outstanding Principal Balance principal amount of this Note and all Interest interest hereon shall be pari passu in right of payment and in all other respects to the other unsecured subordinated promissory notes Notes issued and all other trade debt and other obligations of the Company ranking similar pursuant to the NoteNote Purchase Agreement or pursuant to the terms of such Notes.
Appears in 1 contract
Samples: Note Purchase and Line of Credit Agreement (Sunpower Corp)
Pari Passu Notes. Holder acknowledges and agrees that the payment of all or any portion of the outstanding Principal Balance principal amount of this Note and all Interest interest hereon shall be pari passu in right of payment and in all other respects to the other unsecured subordinated promissory notes Subordinated Contingent Notes issued pursuant to the Stock Purchase Agreement or pursuant to the terms of such Subordinated Contingent Notes as more fully set forth in the Intercreditor Agreement dated as of August , 2008 by and among the Company, ACC and all other trade debt and other obligations holders of the Company ranking similar to the NoteSubordinated Contingent Notes.
Appears in 1 contract
Samples: Subordinated Contingent Secured Promissory Note (Emrise CORP)
Pari Passu Notes. Holder The Lender acknowledges and agrees that the payment of all or any portion of the outstanding Principal Balance principal amount of this Note and all Interest interest hereon shall be pari passu in right of payment and in all other respects to the other unsecured subordinated promissory notes issued pursuant to that certain Note and all other trade debt Warrant Purchase Agreement, by and other obligations among the Company and each of the Company ranking similar to lenders as set forth on the NoteSchedule of Lenders attached thereto, dated as of March 26, 2018.
Appears in 1 contract
Pari Passu Notes. Holder acknowledges and agrees that the payment of all or any portion of the outstanding Principal Balance principal amount of this Convertible Note and all Interest interest hereon shall be pari passu in right of payment and in all other respects to the other unsecured subordinated promissory notes Convertible Notes issued and all other trade debt and other obligations of the Company ranking similar pursuant to the NoteLoan Agreement or pursuant to the terms of such Convertible Notes or other outstanding convertible promissory notes.
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