Advances in Reliance. The Holder of this Debenture, by its acceptance hereof, agrees that each holder of Senior Debt has advanced funds or may in the future advance funds in reliance upon the terms and conditions hereof.
Appears in 5 contracts
Samples: Purchase Agreement (Logimetrics Inc), Purchase Agreement (Logimetrics Inc), Convertible Debenture Agreement (Logimetrics Inc)
Advances in Reliance. The Holder of this Debenturethe Subordinated Debt, by its acceptance hereofthereof, agrees that each holder of Senior Debt has advanced funds or may in the future advance funds in reliance upon the terms and conditions hereof.
Appears in 2 contracts
Samples: Unit Purchase Agreement (Logimetrics Inc), Convertible Debenture (Logimetrics Inc)
