This document outlines the terms for a bridge debt financing facility for Environmental Solutions Worldwide, Inc. The facility involves an unsecured loan of $3,000,000, subordinated to an existing credit facility with CIBC. The interest rate is 10% per annum, payable in kind monthly, with a maturity of 4 months. The document also details conditions for equity exchange rights and use of proceeds for working capital and other corporate purposes.
documents/EFTA01089367.pdf
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