Common use of Bridge Loan Transaction Clause in Contracts

Bridge Loan Transaction. The Company represents and warrants to the Purchaser as follows: 2.1.1 The Purchaser is entering into this Agreement to provide bridge financing for the Company while the Company seeks to secure a greater amount and more permanent funds through one or more additional financing transactions;

Appears in 2 contracts

Samples: Securities Purchase Agreement (Location Based Technologies, Inc.), Securities Purchase Agreement (Location Based Technologies, Inc.)

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Bridge Loan Transaction. The Company represents and warrants to the Purchaser as follows: 2.1.1 The Purchaser Company is entering into this Agreement to provide bridge financing for the Company through September 21, 2012 while it formalizes a lending arrangement between the parties; 2.1.2 If the Purchaser is a party to any such additional financing transaction, the Company seeks and the Purchaser may mutually agree to secure a greater amount and more permanent funds through one or more restructure the Note as part of such additional financing transactions;transaction.

Appears in 1 contract

Samples: Securities Purchase Agreement (T3 Motion, Inc.)

Bridge Loan Transaction. The Company represents and warrants to the Purchaser as follows: 2.1.1 The Purchaser Company is entering into this Agreement to provide bridge financing for the Company through November 2, 2012 while it formalizes a lending arrangement between the parties; 2.1.2 If the Purchaser is a party to any such additional financing transaction, the Company seeks and the Purchaser may mutually agree to secure a greater amount and more permanent funds through one or more restructure the Note as part of such additional financing transactions;transaction.

Appears in 1 contract

Samples: Securities Purchase Agreement (T3 Motion, Inc.)

Bridge Loan Transaction. The Company represents and warrants to the Purchaser as follows: 2.1.1 The Purchaser Company is entering into this Agreement to provide bridge financing for the Company through October 27, 2012 while the Company it seeks to secure a greater amount and more permanent funds through one or more additional financing transactions;

Appears in 1 contract

Samples: Securities Purchase Agreement (Seven Arts Entertainment Inc.)

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Bridge Loan Transaction. The Company represents Companyrepresents and warrants to the Purchaser as follows: 2.1.1 The Purchaser Company is entering into this Agreement to provide bridge financing for the Company through July 31, 2012 while the Company it seeks to secure a greater amount and more permanent funds through one or more additional financing transactions; 2.1.2 If the Purchaser is a party to any such additional financing transaction, the Company and the Purchaser may mutually agree to restructure the Note as part of such additional financing transaction.

Appears in 1 contract

Samples: Securities Purchase Agreement (T3 Motion, Inc.)

Bridge Loan Transaction. The Company represents and warrants to the Purchaser as follows: 2.1.1 The Purchaser Company is entering into this Agreement to provide bridge financing for the Company through September 16, 2012 (or any other date set forth in the funding schedule to the Note) while the Company it seeks to secure a greater amount and more permanent funds through one or more additional financing transactions;

Appears in 1 contract

Samples: Securities Purchase Agreement (Location Based Technologies, Inc.)

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