Common use of Ability To Make Prompt Payment Clause in Contracts

Ability To Make Prompt Payment. Neither Buyer nor any of its Subsidiaries shall enter into any agreement that would restrict Buyer’s right to be able to promptly make payments to the Holders under this Agreement or otherwise restrict Buyer’s ability to fund such payments.

Appears in 4 contracts

Samples: Contingent Value Rights Agreement (Ligand Pharmaceuticals Inc), Contingent Value Rights Agreement (Ligand Pharmaceuticals Inc), Contingent Value Rights Agreement (Viropharma Inc)

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Ability To Make Prompt Payment. Neither the Buyer nor any of its Subsidiaries subsidiaries shall enter into any agreement that would restrict the Buyer’s right to be able to promptly make payments to the Holders under this Agreement or otherwise restrict the Buyer’s ability to fund such payments.

Appears in 1 contract

Samples: Contingent Value Rights Agreement (Echo Pharma Acquisition LTD)

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