Senior or Parity Securities. So long as any Preferred Stock remains outstanding, issue, assume or suffer to exist (a) any security that is senior to or on a parity with the Preferred Stock, or (b) any Indebtedness for Borrowed Money that is an Equity Security or is issued with an Equity Security.
Appears in 3 contracts
Samples: Securities Purchase Agreement (Jd American Workwear Inc), Preferred Stock Purchase Agreement (Value America Inc /Va), Preferred Stock Purchase Agreement (Value America Inc /Va)
Senior or Parity Securities. So long as any Preferred Stock remains outstanding, issue, assume or suffer to exist (a) any security that is senior to or on a parity with the Preferred Stock, or (b) any Indebtedness for Borrowed Money (as hereinafter defined) that is an Equity Security (as hereinafter defined) or is issued with an Equity Security.
Appears in 2 contracts
Samples: Preferred Stock Purchase Agreement (Value America Inc /Va), Preferred Stock Purchase Agreement (Value America Inc /Va)
Senior or Parity Securities. So long as any Preferred Stock remains outstanding, issue, assume assume, create, incur or suffer to exist (a) any security that is senior to or on a parity with the Preferred Stock, or (b) any Indebtedness for Borrowed Money (as hereinafter defined) that is an Equity Security (as hereinafter defined) or is issued with an Equity Security.
Appears in 1 contract
Samples: Preferred Stock and Warrant Purchase Agreement (Value America Inc /Va)
