Adequate Funds. Parent has commitment letters in customary form from nationally-recognized lending institutions for and will have at the Effective Time sufficient funds for the payment of the Merger Consideration and to perform its obligations with respect to the Merger transactions contemplated by this Agreement and the TULIP Merger Agreement.
Appears in 3 contracts
Sources: Merger Agreement (Flowers Industries Inc /Ga), Merger Agreement (Keebler Foods Co), Merger Agreement (Kellogg Co)
Adequate Funds. Parent has sufficient funds or firm -------------- commitment letters in customary form from nationally-nationally recognized lending institutions for for, and will have at the Effective Time sufficient funds funds, for the payment of the aggregate Merger Consideration and to perform its obligations with respect to the Merger transactions contemplated by this Agreement Agreement. Parent has provided the Company with accurate and complete copies of the TULIP Merger commitment letters which it has obtained to provide funds for the transactions contemplated by this Agreement.
Appears in 1 contract
Sources: Agreement and Plan of Merger (Northrop Grumman Corp)