Financing Approval. (Check one box only)
(a) This contract is subject to Buyer being approved for the financing described in the attached Third Party Financing Condition Addendum.
(b) This contract is not subject to Buyer being approved for financing and does not involve FHA or VA financing.
Financing Approval. Unless otherwise agreed to by Big O, Franchisee shall obtain a letter of commitment for the provision of financing through a lender approved by Big O and with minimum credit terms, also approved by Big O, no later than one hundred twenty (120) days from the Effective Date of this Agreement.
Financing Approval. This contract is subject to Buyer being approved for the financing Seller Financing: A promissory note from Buyer to Seller of $ , secured by vendors and deed of trust liens. Forgivable Loan(s): $ Grants: $
Financing Approval. The undersigned also approves the proposed financing of the Proposed Acquisition Transaction from Wachovia Securities or an affiliate thereof (the “Initial Proposed Lender”), in accordance with the term sheet attached hereto as Exhibit A. Westcore and Dividend Capital may, jointly, determine to enter into negotiations with, and/or obtain financing from, another lender (an “Alternative Lender”) for the debt financing of the Property Acquisition Transaction (such transaction, the “Alternative Financing Transaction”), the terms of which shall require approval of both Westcore and Dividend Capital, and absent such approval, the parties agree to attempt to proceed with the Initial Proposed Lender. (As used herein, unless otherwise specified, an Initial Proposed Lender or an Alternative Lender, as applicable, shall be referred to as the “Proposed Lender” and the Initial Proposed Financing Transaction or an Alternative Financing Transaction, as applicable, shall be referred to as the “Financing Transaction”.) (The Property Acquisition Transaction and the Financing Transaction and the Property Acquisition Transaction are referred to, collectively, as the “Transactions”.)
Financing Approval. At any time which $1,000,000 or more in the aggregate is outstanding under the Secured Note, the $175,000 Note, the $25,000 Note, the $250,000 Note and the $550,000 Note, the Company may not issue any debt, convertible debt or equity securities to any third party, or enter into any agreement with any third party for any such issuances. without first obtaining the prior written consent of Holder; provided, however, nothing herein shall be deemed to require the approval of Holder to issue the Company securities described in the Merger Agreement.
Financing Approval. Buyer's lender approves the financing for the purchase of the Business and Assets
Financing Approval. SABINE shall have provided to Customer evidence that it can finance the expected cost of development and construction of the Sabine Pass Facility (the “Financing Condition Precedent”). The Financing Condition Precedent shall be deemed to have been satisfied if, but only if, the following conditions are satisfied or waived in writing by Customer:
(i) SABINE has entered into (and provided Customer with a copy of) a definitive loan agreement with creditworthy lenders experienced in making energy project loans under the terms of which the lenders agree to lend to SABINE an amount which when aggregated with the equity contributed to SABINE is sufficient to fund the engineering, procurement and construction of the Sabine Pass Facility, such loan agreement being subject to no conditions precedent other than customary and routine conditions (including FERC Approval) that are reasonably expected to be satisfied; and
(ii) SABINE has entered into (and provided Customer with a copy of) an EPC contract, acceptable to the lenders, with a contractor that is an internationally recognized, reputable, creditworthy and experienced engineering, procurement and construction company, such EPC contract remains in full force and effect, there is no default thereunder, SABINE has issued a written notice to proceed to the EPC contractor under such EPC Contract, and the EPC contractor has accepted in writing SABINE’s notice to proceed.
Financing Approval. 8 4.1.7 Leaseback................................................................8 4.1.8 Seller's Deliveries.....................................................10 4.1.9 Subordination Agreement.................................................10 4.1.10
Financing Approval. The Loan Recipient has received approval from the Authority for the issuance of Program funds; provided that such approval includes the requirement for repayment through an intercept of funds pursuant to Education Code section 17199.4.
Financing Approval. On or before the Due Diligence Date, the Purchaser shall obtain from the Mortgagee, at the Purchaser’s cost and expense, and provide evidence to the Vendor, the following written approvals and releases with respect to the Financing (collectively, the “Mortgagee Approval”):
(i) that the Mortgagee approves, if necessary, the transfer of the Purchased Assets to the Purchaser and the assumption of an undivided 50% interest in the Financing by the Purchaser; and
(ii) that the Mortgagee will release the Vendor and Vendor Nominee from all liability under the Financing effective as of the Closing Date.
