Common use of Senior Status Clause in Contracts

Senior Status. The indebtedness evidenced by this Senior Convertible Note is senior in right of payment to all other indebtedness of the Payor and Payor agrees not to incur any indebtedness, which by its terms is senior in right of payment to this Senior Convertible Note.

Appears in 7 contracts

Samples: Note and Warrant Purchase Agreement (Bluefly Inc), Note and Warrant Purchase Agreement (Bluefly Inc), Note and Warrant Purchase Agreement (Soros Fund Management LLC)

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Senior Status. The indebtedness evidenced by this Senior Convertible Note is senior in right of payment to all other indebtedness of the Payor and Payor Xxxxx agrees not to incur any indebtedness, which by its terms is senior in right of payment to this Senior Convertible Note.

Appears in 4 contracts

Samples: Senior Convertible Note (Soros George), Senior Convertible Note (Soros Fund Management LLC), Senior Convertible Note (Soros George)

Senior Status. The indebtedness evidenced by this Senior -------------- Convertible Note is senior in right of payment to all other indebtedness of the Payor and Payor agrees not to incur any indebtedness, which by its terms is senior in right of payment to this Senior Convertible Note.

Appears in 2 contracts

Samples: Note and Warrant Purchase Agreement (Soros Fund Management LLC), Note and Warrant Purchase Agreement (Soros Fund Management LLC)

Senior Status. The indebtedness evidenced by this Senior -------------- Convertible Note is senior in right of payment to all other indebtedness of the Payor and Payor Xxxxx agrees not to incur any indebtedness, which by its terms is senior in right of payment to this Senior Convertible Note.

Appears in 1 contract

Samples: Senior Convertible Note (Soros Fund Management LLC)

Senior Status. The indebtedness evidenced by this Senior Convertible Note is senior in right of payment to all other indebtedness of the Payor and Payor agrees not to incur any indebtedness, which by its terms xxxxx is senior in right of payment to this Senior Convertible Note.

Appears in 1 contract

Samples: Senior Convertible Note (Soros Fund Management LLC)

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Senior Status. The indebtedness evidenced by this -------------- Senior Convertible Note is senior in right of payment to all other indebtedness of the Payor and Payor agrees not to incur any indebtedness, which by its terms is senior in right of payment to this Senior Convertible Note.

Appears in 1 contract

Samples: Senior Convertible Note (Soros Fund Management LLC)

Senior Status. The indebtedness evidenced by this Senior -------------- Convertible Note is senior in right of payment to all other indebtedness of the Payor and Payor agrees not to incur any indebtedness, which by its terms xxxxs is senior in right of payment to this Senior Convertible Note.

Appears in 1 contract

Samples: Senior Convertible Note (Soros Fund Management LLC)

Senior Status. The indebtedness evidenced by this Senior -------------- Convertible Note is senior in right of payment to all other indebtedness of the Payor and Payor agrees not to incur any indebtedness, which by its terms xxxxx is senior in right of payment to this Senior Convertible Note.

Appears in 1 contract

Samples: Senior Convertible Note (Soros Fund Management LLC)

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