Subordinated Nature of Debenture. This Debenture and all payments hereon, including principal or interest, shall be subordinate and junior in right of payment to all Company Debt (as defined hereinafter), but only to the extent set forth as follows:
Appears in 5 contracts
Samples: Registration Rights Agreement (Celerity Systems Inc), Line of Credit Agreement (Cyco Net Inc), Line of Credit Agreement (Cyco Net Inc)