Common use of Financing Available Clause in Contracts

Financing Available. Purchaser has and will have as of the Closing Date available sufficient cash to fund the P&A Transaction. Purchaser’s ability to consummate the transactions contemplated by this Agreement is not contingent on raising any equity capital, obtaining financing therefor, consent of any lender or any other matter relating to funding the P&A Transaction.

Appears in 3 contracts

Samples: Purchase and Assumption Agreement (Emclaire Financial Corp), Purchase and Assumption Agreement (First Place Financial Corp /De/), Purchase and Assumption Agreement (Heritage Commerce Corp)

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Financing Available. Purchaser has and will have as of the Closing Date available sufficient cash or financing pursuant to binding agreements or commitments to fund the P&A Transaction. Except for the funding to be provided by certain affiliates of Purchaser as referenced in Section 6.4, Purchaser’s 's ability to consummate the transactions contemplated by this Agreement is not contingent on raising any equity capital, obtaining financing therefor, consent of any lender or any other matter relating to funding the P&A Transaction.

Appears in 1 contract

Samples: Purchase and Assumption Agreement (Bremer Financial Corporation)

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Financing Available. Not later than the Closing Date, Purchaser has and will have as of the Closing Date available sufficient cash or other liquid assets to fund the P&A Transaction. Purchaser’s ability to consummate the transactions contemplated by this Agreement is not contingent on raising any equity capital, obtaining specific financing therefor, consent of any lender or any other matter relating to funding the P&A Transaction.

Appears in 1 contract

Samples: Purchase and Assumption Agreement (Premierwest Bancorp)

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