Common use of Equal Ranking Clause in Contracts

Equal Ranking. The Common Stock and CDIs issued pursuant to an exercise of the Warrant will rank, from the date of issue, equally with the existing shares of Common Stock and CDIs of the Company in all respects.

Appears in 8 contracts

Sources: Warrant Agreement (Gi Dynamics, Inc.), Warrant Agreement (Gi Dynamics, Inc.), Warrant Agreement (Gi Dynamics, Inc.)

Equal Ranking. The Common Stock and CDIs issued pursuant to an exercise a conversion of the Warrant this Note will rank, from the date of issue, equally with the existing shares of Common Stock and CDIs of the Company Payor in all respects.

Appears in 2 contracts

Sources: Binding Letter of Intent (Gi Dynamics, Inc.), Letter of Intent