Common use of Financial Benefit Clause in Contracts

Financial Benefit. Each of the undersigned 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 Debtor to Laurus.

Appears in 4 contracts

Samples: Subsidiary Guaranty (Ventures National Inc), Guaranty (Equifin Inc), Subsidiary Guaranty (Innovative Companies Inc)

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Financial Benefit. Each of the The undersigned 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 Debtor to Laurus.

Appears in 4 contracts

Samples: Guaranty (Data Systems & Software Inc), Guaranty (Netguru Inc), Subsidiary Guaranty (Nestor Inc)

Financial Benefit. Each of the The undersigned has have derived or expects expect 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 Debtor to LaurusNote.

Appears in 2 contracts

Samples: Guaranty (Numerex Corp /Pa/), Guaranty (Numerex Corp /Pa/)

Financial Benefit. Each of the The undersigned has have derived or expects expect 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 Debtor to LaurusDocuments.

Appears in 2 contracts

Samples: Subsidiary Guaranty (Numerex Corp /Pa/), Subsidiary Guaranty (Numerex Corp /Pa/)

Financial Benefit. Each of the The undersigned 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 Loan Agreement or other Obligation incurred by Debtor Borrowers to LaurusLender.

Appears in 1 contract

Samples: Limited Guaranty (Frontline Communications Corp)

Financial Benefit. Each of the undersigned 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 Debtor to Laurus__________.

Appears in 1 contract

Samples: Subsidiary Guaranty (Dyntek Inc)

Financial Benefit. Each of the The undersigned 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 Supplemental Stock Pledge Agreement or other Obligation obligation incurred by Debtor either Credit Party to LaurusLender.

Appears in 1 contract

Samples: Guaranty (Dynamic Health Products Inc)

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Financial Benefit. Each of the The undersigned 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 Debtor the Company to Laurusthe Creditor Parties.

Appears in 1 contract

Samples: Guaranty (Windswept Environmental Group Inc)

Financial Benefit. Each of the The undersigned 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 Credit Agreement or other Obligation incurred by Debtor Borrower to LaurusLender.

Appears in 1 contract

Samples: Guaranty (Lazare Kaplan International Inc)

Financial Benefit. Each of the The undersigned has derived or expects to derive a financial or other advantage from each and every loan, advance or extension of credit made the benefits derived by Borrowers under the Documents Letters of Credit or any other Obligation incurred by Debtor Borrower to LaurusLender.

Appears in 1 contract

Samples: Guaranty (Emerson Radio Corp)

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