Senior Securities. The Company shall maintain the senior status of the Series C Preferred such that it shall rank senior in all respects, including the payment on liquidation and redemption, to all other equity securities of the Company, including the Series A Convertible Preferred Stock.
Appears in 3 contracts
Samples: Stock and Warrant Purchase Agreement (Alyn Corp), Stock and Warrant Purchase Agreement (Alyn Corp), Stock and Warrant Purchase Agreement (Alyn Corp)
Senior Securities. -36- The Company shall maintain the senior status of the Series C B Preferred such that it shall rank senior in all respects, including the payment on liquidation and redemption, to all other equity securities of the Company, including the Series A Convertible Preferred Stock.
Appears in 1 contract
Samples: Preferred Stock Purchase Agreement (Caliber Learning Network Inc)
