Priority of Repayment. This Note shall be repaid by Maker prior to the repayment of any other debt of Maker other than normal operating expenses.
Appears in 9 contracts
Samples: Promissory Note (Innolog Holdings Corp.), Promissory Note (Innolog Holdings Corp.), Promissory Note (Innolog Holdings Corp.)
Priority of Repayment. This Note shall be repaid by Maker prior to the repayment of any other debt of Maker other than (i) normal operating expenses, (ii) regular current accounts payables and (iii) any secured obligations.
Appears in 5 contracts
Samples: Promissory Note (Innolog Holdings Corp.), Promissory Note (Innolog Holdings Corp.), Promissory Note (Innolog Holdings Corp.)
Priority of Repayment. This Note shall be repaid by Maker prior to the repayment of any other debt of Maker of any kind other than normal operating expensesexpenses and regular current accounts payables.
Appears in 2 contracts
Samples: Secured Promissory Note Agreement (Innolog Holdings Corp.), Secured Promissory Note Agreement (Innolog Holdings Corp.)
