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

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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: Bluefly Inc, Soros George, 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 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 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: 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: 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 1 contract

Samples: 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 is senior in right of payment to this Senior Convertible Note.

Appears in 1 contract

Samples: 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: Soros Fund Management LLC

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