Common use of Status as Senior Debt Clause in Contracts

Status as Senior Debt. With respect to rights upon liquidation, winding up and dissolution, the Notes shall rank senior to any Series A Preferred Stock of the Company issued under the Certificate of Designations of Series A Non-Voting Convertible Preferred Stock.

Appears in 2 contracts

Samples: Indenture (Alliance Data Systems Corp), Indenture (Alliance Data Systems Corp)

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Status as Senior Debt. With respect to rights upon liquidation, winding up and dissolution, the Notes shall rank senior to any Series A Non-Voting Preferred Stock of the Company issued under the Certificate of Designations of Series A Non-Voting Convertible Preferred Stock.

Appears in 1 contract

Samples: Indenture (Bread Financial Holdings, Inc.)

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Status as Senior Debt. With respect to rights upon liquidation, winding up and dissolution, the Notes shall rank senior to any Series A Non-Voting Preferred Stock of the Company issued under the Certificate of Designations of Series A Non-Voting Convertible Preferred Stock.

Appears in 1 contract

Samples: Indenture (Bread Financial Holdings, Inc.)

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