Ranking of Obligations. The Company’s obligations with respect to payment of dividends and distribution of assets upon dissolution, liquidation or winding up of the affairs of the Company in respect of the MRP Shares will, upon issuance thereof, rank senior to all Common Stock of the Company and pari passu with all other Preferred Stock of the Company.
Appears in 19 contracts
Samples: Securities Purchase Agreement (Kayne Anderson Energy Infrastructure Fund, Inc.), Securities Purchase Agreement, Securities Purchase Agreement
Ranking of Obligations. The Company’s obligations with respect to payment of dividends and distribution of assets upon dissolution, liquidation or winding up of the affairs of the Company in respect of the MRP Shares willwill be, upon issuance thereof, rank senior to all Common Stock of the Company and pari passu with all other Preferred Stock of the Company and senior to all Common Shares of the Company.
Appears in 2 contracts
Samples: Tortoise Pipeline & Energy Fund, Inc., Securities Purchase Agreement (Tortoise MLP Fund, Inc.)
Ranking of Obligations. The Company’s obligations with respect to payment of dividends and distribution of assets upon dissolution, liquidation or winding up of the affairs of the Company in respect of the MRP Shares will, upon issuance thereof, rank senior to all Common Stock of the Company and pari passu with all other Preferred Stock of the Company.. Xxxxx Xxxxxxxx Energy Infrastructure Fund, Inc. Securities Exchange Agreement
Appears in 1 contract
Samples: Securities Exchange Agreement (Kayne Anderson Energy Infrastructure Fund, Inc.)
