Common use of Financial Ability Clause in Contracts

Financial Ability. Purchaser has, and on the Closing Date will have, cash available that is sufficient to enable Purchaser to consummate the transactions contemplated by this Agreement.

Appears in 4 contracts

Samples: Asset Purchase Agreement (Hispanic Broadcasting Corp), Asset Purchase Agreement (Big City Radio Inc), Asset Purchase Agreement (Big City Radio Inc)

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Financial Ability. Purchaser currently has, and will have on the Closing Date will haveDate, the financial resources to satisfy the payment in cash available that is sufficient to enable Purchaser to consummate of the transactions contemplated by this AgreementTotal Transaction Consideration.

Appears in 2 contracts

Samples: Purchase and Assumption Agreement (Mutualfirst Financial Inc), Purchase and Assumption Agreement (First Financial Bancorp /Oh/)

Financial Ability. At the Closing, Purchaser has, and on the Closing Date will have, have cash available or will have borrowing facilities that is together will be sufficient to enable Purchaser it to consummate the transactions contemplated by this Agreement.

Appears in 2 contracts

Samples: Acquisition Agreement, Acquisition Agreement (Amdocs LTD)

Financial Ability. The Purchaser has, and has (or on the Closing Date will have, ) sufficient cash available that is sufficient to enable Purchaser it to consummate deliver the transactions contemplated by this Agreementfull amounts due hereunder on the Closing Date.

Appears in 2 contracts

Samples: Stock and Asset Purchase Agreement (Houghton Mifflin Harcourt Co), Stock and Asset Purchase Agreement (Scholastic Corp)

Financial Ability. Purchaser has, and on the Closing Date will have, cash available that is sufficient to enable Purchaser or a Purchaser Affiliate to consummate the transactions contemplated by this Agreement.

Appears in 1 contract

Samples: Asset Purchase Agreement (Spanish Broadcasting System Inc)

Financial Ability. Purchaser PURCHASER has, and on the Closing Date will have, cash available that is sufficient to enable Purchaser PURCHASER to consummate the transactions contemplated by this Agreement.

Appears in 1 contract

Samples: Asset Purchase Agreement (Spanish Broadcasting System Inc)

Financial Ability. The Purchaser has, and on at the Closing Date will have, cash available that is sufficient to enable Purchaser it to consummate the transactions contemplated by this AgreementAcquisition, including payment of the Transaction Consideration.

Appears in 1 contract

Samples: Share Purchase Agreement (Codex DNA, Inc.)

Financial Ability. Purchaser has, Upon execution of this Agreement and on ------------------ continuing to and as of the Closing Date will haveDate, Buyer has sufficient cash available that is sufficient to enable Purchaser to consummate the transactions transaction contemplated by this Agreement.

Appears in 1 contract

Samples: Purchase and Sale Agreement (American Wireless Systems Inc)

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Financial Ability. Purchaser has, and on at the Closing Date will have, cash available that is sufficient to enable Purchaser on hand necessary to consummate the transactions contemplated by this AgreementAgreement on the Closing Date or in connection with the Closing.

Appears in 1 contract

Samples: Share Purchase Agreement (Newater Technology, Inc.)

Financial Ability. Purchaser has, and on the Closing Date will have, has cash available or has existing borrowing facilities that is are sufficient to enable Purchaser it to consummate the transactions contemplated by this AgreementAgreement on the Closing Date.

Appears in 1 contract

Samples: Asset Purchase Agreement (Primedia Inc)

Financial Ability. As of the Closing Date, the Purchaser haswill have cash on hand in an amount sufficient to enable it, and on the Closing Date will haveDate, cash available that is sufficient to enable Purchaser to consummate pay the Purchase Price including any adjustments, and all other costs and expenses in connection with the consummation of the transactions contemplated by this Agreement.

Appears in 1 contract

Samples: Purchase Agreement (Tredegar Corp)

Financial Ability. Purchaser has, and on the will have at Closing Date will have, cash available that is sufficient to enable Purchaser it to consummate the transactions contemplated by this Agreement.

Appears in 1 contract

Samples: Stock and Asset Purchase Agreement (Sequenom Inc)

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