Capital Available Clause Samples
The 'Capital Available' clause defines the amount of financial resources that an entity has on hand and can use to meet its obligations. In practice, this clause typically outlines how capital is calculated, what assets or funds are included, and any regulatory or contractual requirements for maintaining a minimum level. For example, it may specify that only liquid assets or certain types of investments count toward available capital. The core function of this clause is to ensure that the entity remains financially stable and capable of fulfilling its commitments, thereby protecting counterparties and maintaining trust in the agreement.
Capital Available. Purchaser has sufficient capital to support the acquisition of the Business and to perform Purchaser’s other obligations hereunder and under any of the other documents executed in connection herewith and Purchaser’s ability to purchase the Purchased Assets and to assume the Assumed Liabilities and to perform Purchaser’s other obligations hereunder is not contingent on raising any equity capital, obtaining specific financing thereof, or obtaining the consent of any lender.
Capital Available. Purchaser has sufficient capital to perform its obligations hereunder and under any of the other documents executed in connection herewith.
Capital Available. Purchaser and Parent each has sufficient capital and capital sources to raise sufficient capital to acquire the Business and the Purchased Assets, to assume the Assumed Liabilities and to perform their respective other obligations hereunder and under any of the other instruments or documents executed in connection herewith; it being understood by all parties that Purchaser’s and Parent’s obligations to acquire the Business, to purchase the Purchased Assets, to assume the Assumed Liabilities and to perform their respective other obligations hereunder is not conditioned on raising any equity capital, obtaining specific financing thereof, obtaining the consent of any lender or any other matter.
Capital Available. Purchaser has sufficient capital, under GAAP and for regulatory purposes, to support the acquisition of the Business and to perform Purchaser's other obligations hereunder and under any of the other documents executed in connection herewith and Purchaser's ability to purchase the Purchased Assets and to assume the Assumed Liabilities and to perform Purchaser's other obligations hereunder is not contingent on raising any equity capital, obtaining specific financing thereof, or obtaining the consent of any lender.
Capital Available. BUYER has, or will have on the Closing ------------------ Date, sufficient capital to support the acquisition of the Offices and to perform BUYER's other obligations hereunder and under any of the other documents executed in connection herewith, and BUYER's ability to purchase the Assets and to assume such liabilities as provided herein, including, but not limited to, the Deposit Liabilities and the Overdraft Loans, and to perform BUYER's other obligations hereunder is not contingent on raising any equity capital, obtaining specific financing thereof or obtaining the consent of any lender.
Capital Available. Each of ALAC, FIG and AFCAP has uncalled capital commitments in excess of the amount of its respective aggregate Subscription Price set forth on Schedule 1. IFC has available funds in excess of the amount of its aggregate Subscription Price set forth on Schedule 1.
Capital Available. 29 SECTION 7.8. NO BROKER................................................29
Capital Available. Each of Purchaser and Independent has sufficient capital to support the acquisition of the Cape Cod Business and to perform its other obligations hereunder (and under any of the other documents executed in connection herewith) and under the Fleet/Rockland P&A Agreement (and under any of the other documents executed in connection therewith).