Common use of Ability to Bear Risk Clause in Contracts

Ability to Bear Risk. The financial situation of Buyer is such that it can afford to (i) bear the economic risk of holding the Joint Venture Interests for an indefinite period and (ii) suffer the complete loss of its investment in the Joint Ventures.

Appears in 6 contracts

Samples: Asset Purchase Agreement, Asset Purchase Agreement (Rouge Industries Inc), Asset Purchase Agreement (Bethlehem Steel Corp /De/)

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Ability to Bear Risk. The financial situation of each Buyer who is acquiring Shares or Venture Interests is such that (a) it can afford to (i) bear the economic risk of holding the Joint such Shares or Venture Interests for an indefinite period and (iib) it can afford to suffer the complete loss of its investment in the Joint Venturessuch Shares or Venture Interests.

Appears in 2 contracts

Samples: Stock and Asset Purchase Agreement (Ingersoll Rand Co LTD), Stock and Asset Purchase Agreement (Timken Co)

Ability to Bear Risk. The financial situation condition of Buyer is such that it can afford to (ia) bear the economic risk of holding the Joint Venture LLC Interests for an indefinite period and (iib) suffer the complete loss of its investment in the Joint VenturesLLC Interests.

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (Leucadia National Corp)

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Ability to Bear Risk. The financial situation condition of Buyer is such that it can afford to (ia) bear the economic risk of holding the Joint Venture Interests Shares for an indefinite period and (iib) suffer the complete loss of its investment in the Joint VenturesShares.

Appears in 1 contract

Samples: Stock Purchase Agreement (Isle of Capri Casinos Inc)

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