Common use of Financial Capacity Clause in Contracts

Financial Capacity. Investor currently has the financial capacity to meet its obligations to the Company hereunder, and the Investor has no present knowledge of any circumstances which could cause it to become unable to meet such obligations in the future.

Appears in 19 contracts

Sources: Equity Line Purchase Agreement (Health Sciences Group Inc), Common Stock Purchase Agreement (Digital Angel Corp), Private Equity Line of Credit Agreement (Pet Quarters Inc)

Financial Capacity. The Investor currently has the financial capacity to meet its obligations to the Company hereunder, and the Investor has no present knowledge of any circumstances which could cause it to become unable to meet such obligations in the future.

Appears in 5 contracts

Sources: Stock Purchase Agreement (Wilon Energy Group Inc), Stock Purchase Agreement (Spongetech Delivery Systems Inc), Equity Line Purchase Agreement (Composite Industries of America Inc)

Financial Capacity. Investor currently has the financial ------------------ capacity to meet its obligations to the Company hereunder, and the Investor has no present knowledge of any circumstances which could cause it to become unable to meet such obligations in the future.

Appears in 5 contracts

Sources: Securities Purchase Agreement (Ashton Technology Group Inc), Private Equity Line of Credit Agreement (Cytrx Corp), Securities Purchase Agreement (Internet Law Library Inc)

Financial Capacity. Investor currently has the financial -------------------- capacity to meet its obligations to the Company hereunder, and the Investor has no present knowledge of any circumstances which could cause it to become unable to meet such obligations in the future.

Appears in 5 contracts

Sources: Private Equity Line of Credit Agreement (Worldwide Wireless Networks Inc), Private Equity Line of Credit Agreement (Worldwide Wireless Networks Inc), Private Equity Line of Credit Agreement (Worldwide Wireless Networks Inc)

Financial Capacity. Each Investor currently has the financial capacity to meet its obligations to the Company hereunder, and the each Investor has no present knowledge of any circumstances which that could cause it to become unable to meet such obligations in the future.

Appears in 1 contract

Sources: Securities Purchase Agreement (Cetalon Corp)