Financial Qualification Sample Clauses
The Financial Qualification clause establishes the criteria that a party must meet to demonstrate sufficient financial stability or capability to enter into or perform under an agreement. Typically, this involves providing evidence such as audited financial statements, credit ratings, or proof of available funds, and may require periodic updates or third-party verification. Its core practical function is to ensure that only financially reliable parties are involved, thereby reducing the risk of default or non-performance.
Financial Qualification. Buyer is, and as of the Closing Date will be, financially qualified to enter into and undertake the performance of the obligations set forth in this Agreement.
Financial Qualification. Buyers and Regent have funds available to them subject to terms of an existing Credit Agreement and Stock Purchase Agreement which are sufficient to enable them to acquire the Stations Assets and to consummate the transactions contemplated by this Agreement.
Financial Qualification. Buyer is and shall be at the Closing financially qualified to meet all terms, conditions and undertakings contemplated by this Agreement.
Financial Qualification. Purchaser is financially qualified to perform its obligations under this Agreement.
Financial Qualification. Buyer is financially qualified to meet all terms, conditions and undertakings contemplated by this Agreement.
Financial Qualification. The Investor acknowledges that the offering and sale of the Shares are intended to be exempt from registration under the Securities Act and state securities laws by virtue of Section 4(2) of the Securities Act and the provisions of Regulation D thereunder. In furtherance thereof, the Investor represents and warrants that the Investor qualifies as an institutional Appendix B: U.S. Investor Awareness and Financial Qualifications “Accredited Investor” as such term is defined in Rule 501 (a)(1), (2), (3) or (7) of Regulation D promulgated under the Securities Act, which definition is summarized in Appendix A hereto. Appendix C: Shares Subscribed Highfields Capital II L.P. 19,312 €19,312,000 Appendix D: Investor Notice Information Name of Investor: Highfields Capital II L.P. Address: c/o Highfields Capital Management, ▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Telephone number: +▇ ▇▇▇ ▇▇▇ ▇▇▇▇ Facsimile number: +▇ ▇▇▇ ▇▇▇ ▇▇▇▇ Appendix E: Form of Shareholders Agreement Appendix F: Supplemental Tax Questionnaire For purposes of this section, the term “U.S. Person” shall have the meaning ascribed to it in Section 6(f) of the Subscription Agreement. The questions which follow do not cover every possible circumstance in which ownership could be attributed to or from an Investor. Investors should consult their tax advisors as to the application of the constructive ownership rules of the Code to them in their particular situations and as to their ability to deliver the maximum investor’s holdings representation contained in Section 6(f) of the Subscription Agreement.
1. Are you related to a U.S. citizen or resident who, following the Offering, will directly or indirectly own any Shares? (For purposes of this question, you need only report Shares that will be owned directly or indirectly by a parent, spouse, child and/or grandchild who is a □ Yes □ No
2. Are you a beneficiary of a domestic or foreign estate or trust (other than a domestic tax- exempt trust that is part of a stock bonus, pension or profit-sharing plan) that, following the Offering, will directly or indirectly own any Shares? If “Yes,” please state how many Shares the estate or trust will own directly or indirectly and your percentage ownership of the estate or trust: If “Yes,” please identify the partnership, state how many Shares the partnership will own directly or indirectly and your percentage ownership of the partnership:
3. Are you a partner in a domestic or foreign partnership that, following the Of...