Senior. Means that, in the event of any default in the payment of the obligations represented by this Note or of any liquidation, insolvency, bankruptcy, reorganization or similar proceedings relating to the Company, all amounts payable under this Note shall first be paid in full before any payment is made upon any other Indebtedness incurred following the date hereof (including any Indebtedness guaranteed by the Company) or any subordinated or junior subordinated Indebtedness of the Company... outstanding as of the date hereof, and, in any such event, any payment or distribution of any character which shall be made in respect of any other Indebtedness of the Company shall be paid to the Holder for application to the payment hereof, unless and until the obligations under this Note shall have been paid and satisfied in full.View More
Senior. Means that, in the event of any default in the payment of the obligations represented by this Note or of any liquidation, insolvency, bankruptcy, reorganization or similar proceedings relating to the Company, all amounts payable under this Note shall first be paid in full before any payment is made upon any other Indebtedness incurred following the date hereof Original Note Date (including any Indebtedness guaranteed by the Company) or any subordinated or junior subordinated Indebtedness of the... Company outstanding as of the date hereof, Original Note Date, and, in any such event, any payment or distribution of any character which shall be made in respect of any other Indebtedness of the Company shall be paid to the Holder for application to the payment hereof, unless and until the obligations under this Note shall have been paid and satisfied in full. View More
Senior. Means that, in the event of any default in the payment of the obligations represented by this Note or of any liquidation, insolvency, bankruptcy, reorganization or similar proceedings relating to the Company, all amounts payable under this Note shall first be paid in full before any payment is made upon any other Indebtedness incurred following the date hereof January 31, 2020 (including any Indebtedness guaranteed by the Company) or any subordinated or junior subordinated Indebtedness of the... Company outstanding as of the date hereof, January 31, 2020, and, in any such event, any payment or distribution of any character which shall be made in respect of any other Indebtedness of the Company shall be paid to the Holder for application to the payment hereof, unless and until the obligations under this Note shall have been paid and satisfied in full. View More
