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 (American Water Star 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 (Accentia Biopharmaceuticals Inc), Subsidiary Guaranty (360 Global Wine Co), 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: Guaranty (Biovest International Inc), Subsidiary Guaranty (Electric City Corp), Subsidiary Guaranty (Accentia Biopharmaceuticals 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 Laurusthe Creditor Parties.

Appears in 6 contracts

Samples: Guaranty (Rapid Link Inc), Guaranty (PetroAlgae Inc.), Subsidiary Guaranty (Pervasip 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 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 (World Racing Group, Inc.), Subsidiary Guaranty (Dirt Motor Sports, 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 (Texhoma Energy Inc), Guaranty (New Century Energy Corp.), 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 loan made under the Documents or other Obligation incurred by the Debtor Company to Laurusthe Creditor Parties.

Appears in 3 contracts

Samples: Limited Guaranty (Biovest International Inc), Guaranty (Biovest International Inc), Guaranty (Accentia Biopharmaceuticals 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: Guaranty (Creative Vistas Inc), Guaranty (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 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 Bridge Loan Documents or other Obligation incurred by the Debtor Company to Laurusthe Purchasers.

Appears in 2 contracts

Samples: Subsidiary Guaranty (Axeda Systems Inc), Subsidiary Guaranty (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 to LaurusLender.

Appears in 2 contracts

Samples: Subsidiary Guaranty (Sequiam Corp), Subsidiary Guaranty (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 Documents or other Obligation incurred by the Debtor Company to LaurusLender.

Appears in 2 contracts

Samples: Subsidiary Guaranty (Digital Angel Corp), Subsidiary 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 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 Debtors to Laurus.

Appears in 1 contract

Samples: Guaranty (Elandia 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 incurred by the Debtor to Laurusthe Purchasers.

Appears in 1 contract

Samples: Guaranty (Patients & Physicians, 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 LaurusMidsummer.

Appears in 1 contract

Samples: Subsidiary Guaranty (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 Lenders.

Appears in 1 contract

Samples: Subsidiary Guaranty (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 LaurusPurchaser Group.

Appears in 1 contract

Samples: Subsidiary Guaranty (Bio Key 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 Guaranteed Obligation incurred by the Debtor to LaurusMulti-Channel.

Appears in 1 contract

Samples: Subsidiary Guaranty (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 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 Companies to Laurusthe Purchasers.

Appears in 1 contract

Samples: Guaranty (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 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 Obligation incurred by the Debtor Companies to LaurusLender.

Appears in 1 contract

Samples: Guaranty (Applied Digital Solutions Inc)

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