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.

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.

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.

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.

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.

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.

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.

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.