Junior Securities

Junior Securities. Shall mean any of the Corporation's Common Stock and all other equity securities of the Corporation other than (x) the Series B Preferred, (y) the Series C Preferred and (z) any other shares of the Corporation's preferred stock which (a) by their terms state that they are not Junior Securities or provide the holders thereof with rights pari passu with or senior to those of the holders of Series C Preferred and (b) are approved for issuance in accordance with Section 3 hereof.

Junior Securities. Means any of the Corporation's equity securities (whether or not currently authorized or outstanding) which by its terms is junior to the Series A Preferred Stock (including, without limitation, the Common).

Junior Securities. Means all equity securities of the Corporation issued and outstanding at any time.

Junior Securities. Any class or series of Common Stock and any other class or series of Capital Stock ranking junior to the Series A Preferred Stock as to the payment of dividends or as to rights in liquidation, dissolution or winding up of the affairs of the Company and shall not include Senior Securities.

Junior Securities. Means any securities (including common stock, warrants or other equity securities) other than those Securities issued to the Senior Lender.

Junior Securities. Means the Common Stock, all other Common Stock equivalents of the Company and each other class of capital stock or series of Preferred Stock of the Company established hereafter by the Board of Directors of the Company, the terms of which do not expressly provide that it ranks on a parity with or senior to the Series A Preferred Stock as to rights on dividends, liquidation, winding-up and dissolution.

Junior Securities. Means the Common Stock and any class or series of Preferred Stock of the corporation other than the Series A Preferred Stock.

Junior Securities. Means the Common Stock and all other equity or equity equivalent securities of the Corporation, including, without limitation, any securities convertible into or exercisable for shares of Common Stock.

Junior Securities. The Common Stock and all other capital stock of the Company that does not constitute Pari Passu Securities or Senior Securities.

Junior Securities. Means (a) shares of any and all classes of capital stock of the Company and (b) securities of the Company which are subordinated in right of payment to Senior Indebtedness at the time of issuance or delivery of such securities to substantially the same extent as, or to a greater extent than, the Notes are so subordinated as provided in Article 9.