Examples of Other Note in a sentence
This Note has been executed and delivered pursuant to, and is issued pursuant to, the Securities Purchase Agreement entered into by and among the Company, the Holder and the holder of the Other Note (the “Purchase Agreement”), and is subject to, and incorporates, the provisions of the Purchase Agreement.
All payments due under this Note shall rank senior to all other Indebtedness of the Company and its Subsidiaries, except for the Other Note and the Prior Notes, with which payments under this Note shall rank pari passu.
Notwithstanding anything herein to the contrary, any amendment to or waiver of any provision of this Note that would adversely affect the rights of holder of the Other Note or a Prior Note must be agreed to in writing by such other holder.
The obligations of the Maker under this Note shall rank senior to all other existing Indebtedness and equity of the Company to the extent of the first lien security interest in the collateral pursuant to the Security Agreement, other than the Other Note issued pursuant to the Purchase Agreement and the Prior Notes, with which the obligations under this Note shall rank pari passu pursuant to the terms of the Security Agreement.