Common use of Status of Note Clause in Contracts

Status of Note. The obligations of the Maker under this Note shall rank senior to all other existing Indebtedness and equity of the Company, other than (i) the amounts owing to the other Purchasers under the other Notes issued concurrently herewith to the other Purchasers pursuant to the Purchase Agreement (the “Other Notes” or “Notes”) and the Additional Note(s) when issued, and (ii) Permitted Indebtedness. The obligations of the Maker under this Note shall rank pari passu with (i) the amounts owing to the other Purchasers under the Other Notes and to the Holder and the other Purchasers under the Additional Notes and (ii)