Senior Obligation. The Company shall cause this Agreement to be senior in right of payment to all other Indebtedness of the Company for the Collateral.
Appears in 3 contracts
Samples: Purchase Order Financing Agreement (Logistical Support, Inc), Factoring and Security Agreement (Siena Technologies, Inc.), Siena Technologies, Inc.
Senior Obligation. The Company shall cause this Agreement to be senior in right of payment to all other Indebtedness of the Company for the Collateral.. ______ ______ JMK DHL
Appears in 1 contract
Samples: Factoring and Security Agreement (Siena Technologies, Inc.)