FORBEARANCE AGREEMENTDefault Notice Forbearance Agreement |
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Search Default Notice Forbearance Agreement by:
FORBEARANCE AGREEMENT
This Forbearance Agreement (this "Agreement") is entered into as of
the 14 day of July, 2005, by and among On The Go Healthcare, Inc. a Delaware
corporation (the "Company"), and Laurus Master Fund, Ltd. (the "Laurus").
Unless otherwise defined herein, capitalized terms used herein shall have the
meaning provided such terms in the Security and Purchase Agreement referred
to below.
BACKGROUND
WHEREAS, it is a condition to Laurus' making an investment in the
Company pursuant to, and in accordance with, (i) that certain Security
and Purchase Agreement dated as of the date hereof by and between
the Company and Laurus (as amended, modified or supplemented from time
to time, the "Purchase Agreement") and (ii) the Ancillary Agreements
referred to in the Purchase Agreement. Capitalized terms used but not
defined herein shall have the meanings given them in the Purchase
Agreement.
WHEREAS, the Company has entered into an equity line of credit with
Dutchess Private Equities Fund, L.P., a Delaware limited partnership
("Dutchess") pursuant to the an Equity Line of Credit Investment






