Common use of Financial Wherewithal Clause in Contracts

Financial Wherewithal. Buyer represents that upon Closing, and after giving effect to the consummation of the transactions contemplated hereby and the incurrence of any indebtedness in connection therewith, Buyer will have the financial ability and will have sufficient working capital for its needs and anticipated needs to operate the System as a certificated public utility system regulated by the PaPUC authorized, among things, to provide wastewater utility services to retail residential, commercial, public and industrial customers in the System.

Financial Wherewithal. Buyer represents that upon ‌‌ Upon Closing, and after giving effect to the consummation of the transactions contemplated hereby and the incurrence of any indebtedness in connection therewith, Buyer will shall have the financial ability and will have sufficient working capital for its needs and anticipated needs to operate the System as a certificated public utility system regulated by the PaPUC PaPUC, authorized, among things, to provide wastewater utility services to retail residential, commercial, public commercial and industrial customers in the System.

Financial Wherewithal. Buyer represents that upon Closing, and after giving effect to the consummation of the transactions contemplated hereby and the incurrence of any indebtedness in connection therewith, Buyer will have the financial ability and will have sufficient working capital for its needs and anticipated needs to operate the System [as a certificated public utility system regulated by the PaPUC PaPUC/municipal authority]6, authorized, among things, to provide wastewater utility services to retail residential, commercial, public commercial and industrial customers in the System.

Financial Wherewithal. Buyer represents that upon Closing, and after giving effect to the consummation of the transactions contemplated hereby and the incurrence of any indebtedness in connection therewith, Buyer will have the financial ability and will have sufficient working capital for its needs and reasonably anticipated needs to operate the System as a certificated public utility system regulated by the PaPUC authorized, among things, to provide wastewater utility services to retail residential, commercial, public industrial, and industrial municipal customers in of the System.