Common use of Ranking of Notes Clause in Contracts

Ranking of Notes. Other than Permitted Indebtedness (as defined in the Notes) secured by Permitted Liens (as defined in the Notes), if any, no Indebtedness of the Company, at the Closing, will be senior to, or pari passu with, the Notes in right of payment, whether with respect to payment or redemptions, interest, damages, upon liquidation or dissolution or otherwise.

Appears in 15 contracts

Samples: Securities Purchase Agreement (Alpha Cognition Inc.), Securities Purchase Agreement (Alpha Cognition Inc.), Securities Purchase Agreement (Adagio Medical Holdings, Inc.)

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Ranking of Notes. Other than Permitted Indebtedness (as defined in At the Notes) secured by Permitted Liens (as defined in the Notes), if anyClosing, no Indebtedness of the Company, at the Closing, will be senior to, or pari passu with, the Notes in right of payment, whether with respect to payment or redemptions, interest, damages, upon liquidation or dissolution or otherwiseotherwise (other than Permitted Indebtedness (as defined in the Notes) secured by Permitted Liens (as defined in the Notes)).

Appears in 7 contracts

Samples: Securities Purchase Agreement (Global Technologies LTD), Securities Purchase Agreement (Cryptyde, Inc.), Securities Purchase Agreement (Cryptyde, Inc.)

Ranking of Notes. Other than Permitted Indebtedness (as defined in the Notes) secured by Permitted Liens (as defined in the Notes), if any, no Indebtedness of the Company, at the applicable Closing, will be senior to, or pari passu with, the Notes in right of payment, whether with respect to payment or redemptions, interest, damages, upon liquidation or dissolution or otherwise.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Visionary Holdings Inc.), Securities Purchase Agreement (ASPAC I Acquisition Corp.)

Ranking of Notes. Other than Permitted Indebtedness (as defined in the Notes) secured by Permitted Liens (as defined in the Notes), if any, no Indebtedness of the Company, at the Closing, will be senior to, or pari passu with, the Notes in right of payment, whether with respect to payment or redemptions, interest, damages, upon liquidation or dissolution or otherwise.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Eastside Distilling, Inc.), Securities Purchase Agreement (Reebonz Holding LTD)

Ranking of Notes. Other than Permitted Indebtedness (as defined in the Notes) secured by Permitted Liens (as defined in the Notes), if any, no Indebtedness of the Company, at the each Closing, will be senior to, or pari passu with, the Notes in right of payment, whether with respect to payment or redemptions, interest, damages, upon liquidation or dissolution or otherwise.

Appears in 2 contracts

Samples: Securities Purchase Agreement (BIT ORIGIN LTD), Securities Purchase Agreement (Clean Vision Corp)

Ranking of Notes. Other than Permitted Indebtedness (as defined in the Notes) secured by Permitted Liens (as defined in the Notes), if any, no Indebtedness of the Company, at the such Closing, will be senior to, or pari passu with, the Notes in right of payment, whether with respect to payment or redemptions, interest, damages, upon liquidation or dissolution or otherwise.

Appears in 2 contracts

Samples: Securities Purchase Agreement (American Superconductor Corp /De/), Securities Purchase Agreement (Odyssey Marine Exploration Inc)

Ranking of Notes. Other than Permitted Indebtedness (as defined in the Notes) secured by Permitted Liens (as defined in the Notes), if any, no Indebtedness of the Company, at the Closing, will be senior to, or pari passu with, the Notes in right of payment, whether with respect to payment or redemptions, interest, damages, upon liquidation or dissolution or otherwise.

Appears in 2 contracts

Samples: Securities Purchase Agreement (PharmaCyte Biotech, Inc.), Securities Purchase Agreement (Femasys Inc)

Ranking of Notes. Other than Permitted Indebtedness (as defined in the Notes) secured by Permitted Liens (as defined in the Notes), if any, no Indebtedness of the Company, at the Closing, will be senior to, or pari passu with, the Notes in right of payment, whether with respect to payment or redemptions, interest, damages, upon liquidation or dissolution or otherwise.. (ww)

Appears in 1 contract

Samples: Securities Purchase Agreement (Visionary Education Technology Holdings Group Inc.)

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Ranking of Notes. Other Except as disclosed on Schedule 3(p) or the SEC Documents, no Indebtedness (other than Permitted Indebtedness (as defined in the Notes) Note), including Indebtedness secured by Permitted Liens (as defined in the Notes), if any, no Indebtedness Liens) of the Company, at the Closing, will be Company is senior to, to or ranks pari passu with, with the Notes in right of payment, whether with respect to of payment or of redemptions, interest, damages, damages or upon liquidation or dissolution or otherwise.

Appears in 1 contract

Samples: Securities Purchase Agreement (Antigenics Inc /De/)

Ranking of Notes. Other than Permitted Indebtedness (as defined in the Notes) secured by Permitted Liens (as defined in the Notes)Liens, if any, no Indebtedness of the Company, at the each Closing, will be senior to, or pari passu with, the Notes in right of payment, whether with respect to payment or redemptions, interest, damages, upon liquidation or dissolution or otherwise.

Appears in 1 contract

Samples: Securities Purchase Agreement (Arcimoto Inc)

Ranking of Notes. Other than Permitted Indebtedness (as defined in the Notes) secured by Permitted Liens (as defined in the Notes), if any, no No Indebtedness of the Company, at the Closing, will be senior to, or pari passu with, the Notes in right of payment, whether with respect to payment or redemptions, interest, damages, upon liquidation or dissolution or otherwiseotherwise (other than Permitted Senior Indebtedness (as defined in the Notes) and, solely to the extent of the actual value of any Permitted Lien (as defined in the Notes), any Permitted Indebtedness (as defined in the Notes) secured by a Permitted Lien).

Appears in 1 contract

Samples: Securities Purchase Agreement (KushCo Holdings, Inc.)

Ranking of Notes. Other than Permitted Indebtedness (as defined in the Notes) secured by Permitted Liens (as defined in the Notes), if any, no Indebtedness of the Company, at the Closing, will be senior to, or pari passu with, the Notes in right of payment, whether with respect to payment or redemptions, interest, damages, upon liquidation or dissolution or otherwise.

Appears in 1 contract

Samples: Securities Purchase Agreement (Satcon Technology Corp)

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