Pari Passu Notes. Payor and Xxxxx each acknowledges and agrees that the payment of all or any portion of the outstanding principal amount of this Note and all interest thereon shall be pari passu in right of payment and in all other respects to the other Buyer PIK Notes issued to Sellers pursuant to the Stock Purchase Agreement.
Appears in 1 contract
Pari Passu Notes. Payor and Xxxxx each Xxxxxx acknowledges and agrees that the payment of all or any portion of the outstanding principal amount of this Note and all interest thereon hereon shall be pari passu in right of payment and in all other respects to the any other Buyer PIK Notes issued to Sellers as part of this series of Notes pursuant to the Stock Note Purchase Agreement.
Appears in 1 contract
Samples: Security Agreement (Universal Security Instruments Inc)
Pari Passu Notes. Payor and Xxxxx each Lxxxxx acknowledges and agrees that the payment of all or any portion of the outstanding principal amount of this Note and all interest thereon hereon shall be pari passu in right of payment and in all other respects to the other Buyer PIK Notes issued to Sellers pursuant to the Stock Purchase AgreementNotes.
Appears in 1 contract
Samples: ACE Convergence Acquisition Corp.
