Senior Securities. The Company shall maintain the senior status of the Series C Preferred such that it shall rank senior in all respects, including the payment on liquidation and redemption, to all other equity securities of the Company, including the Series A Convertible Preferred Stock.
Appears in 3 contracts
Samples: Stock and Warrant Purchase Agreement (Alyn Corp), Stock and Warrant Purchase Agreement (Alyn Corp), Stock and Warrant Purchase Agreement (Alyn Corp)
Senior Securities. The Company shall maintain the senior status of the Series C B Preferred such that it shall rank senior in all respects, including the payment on liquidation and redemption, to all other equity securities of the Company, including the Series A Convertible Preferred Stock.
Appears in 1 contract
Samples: Preferred Stock Purchase Agreement (Caliber Learning Network Inc)