Financing Resources Sample Clauses
The Financing Resources clause defines the obligations and requirements related to securing and providing the necessary funds for a project or transaction. Typically, it outlines the sources of financing, such as loans, equity, or grants, and may specify timelines, conditions precedent, or documentation needed to demonstrate financial capability. This clause ensures that all parties are clear on how the project will be funded, reducing the risk of delays or failures due to insufficient financial resources.
Financing Resources. Parent has sufficient funds available to satisfy the obligation to pay the Aggregate Merger Consideration and all expenses incurred by Parent in connection with the transactions contemplated by this Agreement.
Financing Resources. Assuming that the financing contemplated by the commitment letter attached as Exhibit 5.5 hereto (the “ Commitment Letter”) is consummated in accordance with the terms thereof (the “Financing”), the funds to be borrowed thereunder, together with the proceeds of the Holdings Contribution, will provide sufficient funds for the payment of the aggregate Cash Purchase Price, together with any positive adjustments thereto, and the Closing Debt Payment Amount pursuant to Article II hereof. Each of Purchaser and Holdings agrees to use its commercially reasonable efforts to have the Financing available substantially in accordance with the terms of the Commitment Letter at the time of the Closing. Upon the consummation of the transactions contemplated hereby, the Company will not (a) be insolvent or left with unreasonably small capital, (b) have incurred debts beyond its ability to pay such debts as they mature, or (c) have its capital impaired.
Financing Resources. Buyer has sufficient funds available to satisfy the obligation to pay the Purchase Price and all expenses incurred by Buyer in connection with the transactions contemplated by this Agreement.
Financing Resources. Buyer or Buyer Parent or a Subsidiary of Buyer Parent has and at the Closing shall have sufficient funds available to satisfy the obligation to pay the Closing Date Purchase Price.
Financing Resources. 26 5.7 Brokers...................................................................................... 26
Financing Resources. Attached hereto as Exhibit E are true and correct copies of letters (the "Financing Letters") from the Buyer's lenders, pursuant to which the Buyer's lenders have agreed to finance (the "Financing") a portion of the aggregate purchase price pursuant to Article II hereof as described and subject to the conditions and limitations set forth in such letters. Such letters are in full force and effect. Such letters do not contain any obligations to be performed by the Buyer prior to the date hereof which the Buyer has not performed.
Financing Resources. Parent Americas has sufficient funds available to satisfy the obligation to pay the Aggregate Merger Consideration and all expenses incurred by Parent, Parent Americas or Merger Sub in connection with the transactions contemplated by this Agreement.