Common use of Financial Ability to Close Clause in Contracts

Financial Ability to Close. Purchaser specifically represents and warrants to Sellers that Purchaser at Closing will have the financial ability to perform its obligations under this Agreement. Furthermore, Purchaser specifically agrees with Sellers that the obligation of Purchaser to consummate the transactions contemplated hereby is not subject to any financing contingency.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Acc Acquisition LLC), Asset Purchase Agreement (American Cellular Corp /De/), Asset Purchase Agreement (Dobson Communications Corp)

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Financial Ability to Close. Purchaser specifically represents and warrants to Sellers Seller that Purchaser at Closing will have the financial ability to perform its obligations under this Agreement. Furthermore, Purchaser specifically agrees with Sellers Seller that the obligation of Purchaser to consummate the transactions contemplated hereby is not subject to any financing contingency.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Dobson Communications Corp), Partnership Interest and Asset Purchase Agreement (Dobson Communications Corp)

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Financial Ability to Close. Purchaser specifically represents Buyer has and warrants will at all times relevant to Sellers that Purchaser at Closing will consummating the transactions contemplated hereunder have the financial ability to perform its obligations under this Agreement. FurthermoreIn particular, Purchaser Buyer specifically agrees with Sellers represents that the obligation of Purchaser Buyer to consummate the transactions contemplated hereby is not subject to any financing contingency.

Appears in 1 contract

Samples: Asset Purchase Agreement (Health Chem Corp)

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