Common use of Financial Benefit Clause in Contracts

Financial Benefit. It has derived or expects to derive a financial or other advantage from each and every loan, advance or extension of credit made under the Documents or other Obligation incurred by the Debtor to Laurus.

Appears in 31 contracts

Samples: Securities Purchase Agreement (Modtech Holdings Inc), Securities Purchase Agreement (Modtech Holdings Inc), Subsidiary Guaranty (Dynamic Health Products Inc)

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Financial Benefit. It has derived or expects to derive a financial or other advantage from each and every loan, advance or extension of credit made under the Documents or other Obligation incurred by the Debtor Companies to Laurus.

Appears in 16 contracts

Samples: Subsidiary Guaranty (TRUEYOU.COM), Loan Agreement (Cci Group Inc), Subsidiary Guaranty (Implant Sciences Corp)

Financial Benefit. It has derived or expects to derive a financial or other advantage from each and every loan, advance or extension of credit made under the Documents or other Obligation incurred by the Debtor Company to Laurus.

Appears in 7 contracts

Samples: Subsidiary Guaranty (Accentia Biopharmaceuticals Inc), Subsidiary Guaranty (Biovest International Inc), Electric City Corp

Financial Benefit. It has derived or expects to derive a financial or other advantage from each and every loan, advance or extension of credit made under the Documents or other Obligation incurred by the Debtor Company to Laurusthe Creditor Parties.

Appears in 6 contracts

Samples: Guaranty (New Century Energy Corp.), Subsidiary Guaranty (Elec Communications Corp), Rapid Link Inc

Financial Benefit. It has derived or expects to derive a financial or other advantage from each and every loan, advance or extension of credit made under the Transaction Documents or other Obligation incurred by the Debtor Company to Laurusthe Lenders.

Appears in 3 contracts

Samples: Note Purchase Agreement (World Racing Group, Inc.), Subsidiary Guaranty (Dirt Motor Sports, Inc.), Subsidiary Guaranty (World Racing Group, Inc.)

Financial Benefit. It has derived or expects to derive a financial or other advantage from each and every loan, advance or extension of credit loan made under the Documents or other Obligation incurred by the Debtor Company to Laurusthe Creditor Parties.

Appears in 3 contracts

Samples: Guaranty (Accentia Biopharmaceuticals Inc), Biovest International Inc, Biovest International Inc

Financial Benefit. It has derived or expects to derive a financial ----------------- or other advantage from each and every loan, advance or extension of credit made under the Documents or other Obligation Obligations incurred by the Debtor to Laurus.

Appears in 3 contracts

Samples: Guaranty (New Century Energy Corp.), Guaranty (Texhoma Energy Inc), Guaranty (New Century Energy Corp.)

Financial Benefit. It has derived or expects to derive a financial or other advantage from each and every loan, advance or extension of credit made under the Bridge Loan Documents or other Obligation incurred by the Debtor Company to Laurusthe Purchasers.

Appears in 2 contracts

Samples: Axeda Systems Inc, Axeda Systems Inc

Financial Benefit. It has derived or expects to derive a financial or other advantage from each and every loan, advance or extension of credit made under the Documents or other Obligation incurred by the Debtor Company and/or the Issuer to Laurus.

Appears in 2 contracts

Samples: Guaranty (Vertical Health Solutions Inc), Guaranty (Secured Digital Applications Inc)

Financial Benefit. It has derived or expects to derive a financial or other advantage from each and every loan, advance or extension of credit made under the Documents or other Obligation incurred by the Debtor to LaurusLender.

Appears in 2 contracts

Samples: Subsidiary Guaranty (Sequiam Corp), Trimedia Entertainment Group Inc

Financial Benefit. It has derived or expects to derive a financial or other advantage from each and every loan, advance or extension of credit made under the 2005 Documents and 2006 Documents or other Obligation incurred by the Debtor Debtors to Laurus.

Appears in 2 contracts

Samples: Creative Vistas Inc, Creative Vistas Inc

Financial Benefit. It has derived or expects to derive a financial or other advantage from each and every loan, advance or extension of credit made under the Documents or other Obligation incurred by the Debtor Company to LaurusLender.

Appears in 2 contracts

Samples: Subsidiary Guaranty (Applied Digital Solutions Inc), Subsidiary Guaranty (Digital Angel Corp)

Financial Benefit. It has derived or expects to derive a financial or other advantage from each and every loan, advance or extension of credit made under the Documents or other Obligation incurred by the Debtor Companies to Laurusthe Purchasers.

Appears in 1 contract

Samples: Silicon Mountain Holdings, Inc.

Financial Benefit. It has derived or expects to derive a financial or other advantage from each and every loan, advance or extension of credit made under the Documents or other Obligation incurred by the Debtor Companies to LaurusLender.

Appears in 1 contract

Samples: Guaranty (Applied Digital Solutions Inc)

Financial Benefit. It has derived or expects to derive a financial or other advantage from each and every loan, advance or extension of credit made under the Documents or other Obligation incurred by the Debtor to Laurusthe Purchasers.

Appears in 1 contract

Samples: Guaranty (Patients & Physicians, Inc.)

Financial Benefit. It has derived or expects to derive a financial or other advantage from each and every loan, advance or extension of credit made under the Documents or other Obligation incurred by the Debtor Debtors to Laurus.

Appears in 1 contract

Samples: Elandia International Inc.

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Financial Benefit. It has derived or expects to derive a financial or other advantage from each and every loan, advance or extension of credit made under the Documents or other Obligation incurred by the Debtor and/or the undersigned to Laurus.

Appears in 1 contract

Samples: Subsidiary Guaranty (Xfone Inc)

Financial Benefit. It has derived or expects to derive a financial or other advantage from each and every loan, advance or extension of credit made under the Documents or other Obligation incurred by the Debtor to Laurusthe Purchasers.

Appears in 1 contract

Samples: Subsidiary Guaranty (Friendlyway CORP)

Financial Benefit. It has derived or expects to derive a financial or other advantage from each and every loan, advance or extension of credit made under the Documents or other Guaranteed Obligation incurred by the Debtor to LaurusMulti-Channel.

Appears in 1 contract

Samples: Island Pacific Inc

Financial Benefit. It has derived or expects to derive a financial or other advantage from each and every loan, advance or extension of credit made under the Documents or other Obligation incurred by the Debtor to Laurusthe Lender.

Appears in 1 contract

Samples: Subsidiary Guaranty (Host America Corp)

Financial Benefit. It has derived or expects to derive a financial or other advantage from each and every loan, advance or extension of credit made under the Documents or other Obligation incurred by the Debtor to LaurusMidsummer.

Appears in 1 contract

Samples: Island Pacific Inc

Financial Benefit. It has derived or expects to derive a financial or other advantage from each and every loan, advance or extension of credit made under the Documents or other Obligation incurred by the Debtor to LaurusNoteholders. 159. Acceleration.

Appears in 1 contract

Samples: Epixtar Corp

Financial Benefit. It has derived or expects to derive a financial or other advantage from each and every loan, advance or extension of credit made under the Documents or other Obligation incurred by the Debtor to Laurusthe Lenders.

Appears in 1 contract

Samples: Corgenix Medical Corp/Co

Financial Benefit. It has derived or expects to derive a ------------------ financial or other advantage from each and every loan, advance or extension of credit made under the Documents or other Obligation incurred by the Debtor to Laurus.

Appears in 1 contract

Samples: Subsidiary Guaranty (Sequiam Corp)

Financial Benefit. It has derived or expects to derive a financial or other advantage from each and every loan, advance or extension of credit made under the Documents or other Obligation incurred by the Debtor to LaurusPurchaser Group.

Appears in 1 contract

Samples: Subsidiary Guaranty (Bio Key International Inc)

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