Standby Commitment Agreement Sample Contracts

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Burcon Nutrascience – Standby Commitment Agreement (July 27th, 2016)

BURCON NUTRASCIENCE CORPORATION, a Yukon corporation, having an office at 1946 West Broadway, Vancouver, British Columbia, V6J 1Z2

Loto Inc. Standby Commitment Agreement (April 22nd, 2010)

This Novation to the Standby Commitment Agreement (this "Novation") is made as of April 19, 2010, by and between Loto Inc. (the "Company"), Mhalka Capital Investments Ltd. ("Mhalka"), 1476448 Ontario Inc. ("1476448 Ontario") ("1476448 Ontario") and 2238646 Ontario Inc. ("2238646 Ontario" and together with the Company, Mhalka, and 1476448 Ontario, the "Parties").

Cono Italiano, Inc. – Cono Italiano, Inc. Standby Commitment Agreement (November 13th, 2009)
Loto Inc. Standby Commitment Agreement (August 5th, 2009)

Mhalka Capital Investments Ltd. ("Mhalka") and 1476448 Ontario Inc. ("1476448 Ontario" and together with Mhalka, each a "Lender" and collectively, the "Lenders") intending to be legally bound, hereby irrevocably agree, that they shall jointly and severally provide Loto Inc., a Nevada corporation (the "Company"), up to an aggregate of One Million Five Hundred Thousand U.S. Dollars (US$1,500,000) (the "Commitment Amount") pursuant to the terms and conditions set forth herein (this "Agreement"). The Commitment Amount may be drawn by the Company, at its option (as determined by the members of the Board of Directors of the Company) at any time prior to September 30, 2010 in monthly tranches in accordance with the Company's business plan in effect as of the date hereof; provided, however, that the Commitment Amount shall be reduced by the aggregate cash proceeds received by the Company after the date hereof derived from the issuance of any equity securities and gross revenues.

Subscription and Standby Commitment Agreement (September 18th, 2007)

This Subscription and Standby Commitment Agreement (this "Agreement"), dated as of September [__], 2007, is entered into by and among MangoSoft, Inc., a Nevada corporation (the "Company"), and the persons listed on Schedule A hereto (collectively, the "Purchasers," and individually, a "Purchaser").

Subscription and Standby Commitment Agreement (December 8th, 2006)

This Subscription and Standby Commitment Agreement (this "Agreement"), dated as of December 7, 2006, is entered into by and among WestPoint International, Inc. (the "Company") and American Real Estate Holding Limited Partnership (the "Purchaser").