Senior Securities. The Company shall maintain the senior status of the Series 2 Convertible Preferred Stock such that it shall rank senior in all respects, including the payment on limitation and redemption, to all other equity securities of the Company, except that the Series 1 Preferred shall rank pari passu with the Series 2 Convertible Preferred Stock.
Appears in 5 contracts
Samples: Stock Purchase Agreement (Fleming Robert Inc / Da), Stock Purchase Agreement (Fleming Robert Inc / Da), Stock Purchase Agreement (Impax Laboratories Inc)
Senior Securities. The Company shall maintain the senior status of the Series 2 A Convertible Preferred Stock such that it shall rank senior in all respects, including the payment on limitation liquidation and redemption, to all other equity securities of the Company, except that the Series 1 Preferred shall rank pari passu with the Series 2 Convertible Preferred Stock.
Appears in 2 contracts
Samples: Stock Purchase Agreement (Hudson Technologies Inc /Ny), Stock Purchase Agreement (Hudson Technologies Inc /Ny)
Senior Securities. The Company shall maintain the senior status of the Series 2 D Convertible Preferred Stock such that it shall rank senior in all respects, including the payment on limitation and redemption, to all other equity securities of the Company, including the Series A Convertible Preferred Stock and the Series B Convertible Preferred Stock, except that the Series 1 C Convertible Preferred Stock shall rank pari passu with senior to the Series 2 D Convertible Preferred Stock.
Appears in 2 contracts
Samples: Stock and Warrant Purchase Agreement (Fleming Robert Inc / Da), Stock and Warrant Purchase Agreement (Global Pharmaceutical Corp \De\)
Senior Securities. The Company shall maintain the senior status of the Series 2 Convertible A Preferred Stock such that it shall rank senior in all respects, including the payment on limitation liquidation and redemption, to all other equity securities of the Company, except that the Series 1 Preferred shall rank pari passu with the Series 2 Convertible Preferred Stock.
Appears in 1 contract
