Common use of Use of Funds Clause in Contracts

Use of Funds. The Company agrees that it will use the proceeds of the sale of the Note and the Warrant for general working capital purposes only.

Appears in 12 contracts

Samples: Securities Purchase Agreement (Bio Key International Inc), Securities Purchase Agreement (Bio Key International Inc), Securities Purchase Agreement (Pacific Biometrics Inc)

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Use of Funds. The Company agrees that it will shall use the proceeds of the sale of the Note and the Warrant for general working capital purposes only.

Appears in 9 contracts

Samples: Securities Purchase Agreement (Iwt Tesoro Corp), Securities Purchase Agreement (Apogee Technology Inc), Securities Purchase Agreement (Biodelivery Sciences International Inc)

Use of Funds. The Company agrees that it will use the proceeds of the sale of the Note and the Warrant for general working capital corporate purposes only.

Appears in 8 contracts

Samples: Securities Purchase Agreement (Axesstel Inc), Securities Purchase Agreement (Electric City Corp), Securities Purchase Agreement (Digital Fusion Inc/Nj/)

Use of Funds. The Company agrees that it will use the proceeds of the sale of the Note Notes and the Warrant Warrants for general working capital purposes only.

Appears in 5 contracts

Samples: Security Agreement (Digital Lifestyles Group Inc), Security Agreement (Digital Lifestyles Group Inc), Security Agreement (Catalyst Lighting Group Inc)

Use of Funds. The Company agrees that it will use the proceeds of the sale of the Note and the Warrant for general working capital purposes purposes, and/or mergers and acquisitions only.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Bos Better Online Solutions LTD), Securities Purchase Agreement (Bos Better Online Solutions LTD), Securities Purchase Agreement (Bos Better Online Solutions LTD)

Use of Funds. The Company agrees that it will shall use the proceeds of the sale of the Note and the Warrant for general working capital purposes only.

Appears in 2 contracts

Samples: Note Purchase Agreement (Biovest International Inc), Note Purchase Agreement (Biovest International Inc)

Use of Funds. The Company agrees that it will use the proceeds of the sale of the Note and the Warrant only for marketing, general working capital purposes onlyand general business purposes.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Elec Communications Corp), Securities Purchase Agreement (Elec Communications Corp)

Use of Funds. The Company agrees that it will use the proceeds of the sale of the Note and the Warrant for general working capital purposes only.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Netguru Inc), Securities Purchase Agreement (Mitek Systems Inc)

Use of Funds. The Company agrees that it will use the proceeds of the sale of the Note Shares and the Warrant for general working capital purposes only.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Bio Key International Inc), Securities Purchase Agreement (Bio Key International Inc)

Use of Funds. The Company agrees that it will shall use the proceeds of the sale of the Note and the Warrant for general working capital purposes only.

Appears in 1 contract

Samples: Senior Secured Note Purchase Agreement (Proelite, Inc.)

Use of Funds. The Company agrees that it will use the proceeds of the sale of the Note and the Warrant for general debt reduction and working capital purposes only.

Appears in 1 contract

Samples: Securities Purchase Agreement (Pipeline Data Inc)

Use of Funds. The Company agrees that it will use the proceeds of the sale of the Note and the Warrant for its general working capital purposes or its Subsidiaries general working capital purposes only.

Appears in 1 contract

Samples: Securities Purchase Agreement (Acceris Communications Inc)

Use of Funds. The Company agrees that it will use the proceeds of the sale of the Note and the Warrant for general working capital and general corporate purposes only.

Appears in 1 contract

Samples: Securities Purchase Agreement (Axeda Systems Inc)

Use of Funds. The Company agrees that it will use the proceeds of the sale of the Note and the Warrant for general working capital purposes only.

Appears in 1 contract

Samples: Securities Purchase Agreement (Micro Component Technology Inc)

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Use of Funds. The Company agrees that it will use the proceeds of the sale of the Note and the Warrant Shares for acquisitions approved by the Purchaser and/or general working capital purposes only.

Appears in 1 contract

Samples: Securities Purchase Agreement (National Investment Managers Inc.)

Use of Funds. The Company agrees that it will use the proceeds of the sale of the Note and the Warrant for general working capital and general corporate purposes onlyonly .

Appears in 1 contract

Samples: Securities Purchase Agreement (Bam Entertainment Inc)

Use of Funds. The Company agrees that it will Companies shall use the proceeds of the sale of the Note and the Warrant for general working capital purposes only.

Appears in 1 contract

Samples: Securities Purchase Agreement (Digital Recorders Inc)

Use of Funds. The Company agrees that it will use the proceeds of the sale of the Note and the Warrant only for general working capital purposes onlyand to finance the acquisition of certain assets as more fully set forth in the [Acquisition Agreement] dated as of the date hereof among the Company, and [REDACTED].

Appears in 1 contract

Samples: Securities Purchase Agreement (Petrol Oil & Gas Inc)

Use of Funds. The Company agrees that it will use the proceeds of the sale of the Note and the Warrant for general working capital purposes only, including for the operations of its subsidiaries.

Appears in 1 contract

Samples: Securities Purchase Agreement (Dyntek Inc)

Use of Funds. The Company agrees that it will shall use the proceeds of the sale of the Note and the Warrant Notes for general working capital purposes only.

Appears in 1 contract

Samples: Securities Purchase Agreement (Pervasip Corp)

Use of Funds. The Company agrees that it will use the proceeds of the sale of the Note and the Warrant for general corporate and working capital purposes only.

Appears in 1 contract

Samples: Securities Purchase Agreement (Conolog Corp)

Use of Funds. The Company agrees that it will use the proceeds of the sale of the Note Notes and the Warrant Warrants for general working capital purposes and/or for acquisitions only.

Appears in 1 contract

Samples: Security Agreement (DSL Net Inc)

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