Financing the Offer Clause Samples
The "Financing the Offer" clause outlines how the buyer intends to secure the funds necessary to complete the purchase described in the agreement. Typically, this clause specifies whether the buyer will use personal funds, obtain a loan, or rely on other financial arrangements, and may require the buyer to provide evidence of their ability to finance the transaction. Its core practical function is to assure the seller that the buyer has a credible plan for obtaining the required funds, thereby reducing the risk of the deal failing due to lack of financing.
Financing the Offer. 20 General . . . . . . . . . . . . . . . . . . . . . . . . . 20
Financing the Offer. As at the time the Offer is first commenced within the meaning of the Securities Act (Ontario), Bidco shall have made all necessary arrangements to ensure that the required funds are available to effect payments in full for all of the Common Shares that Bidco shall have offered to acquire under the Offer.
Financing the Offer. As of the date of this Offer, the Partnership has sufficient cash reserves to purchase 8,944 Interests and may borrow additional funds to purchase additional Interests. In case more than 8,944 Interests are tendered and the Partnership does not or is not able to arrange financing, tendered Interests will be prorated. If the Partnership obtains financing to purchase additional Interests, the Partnership will prepare and disseminate supplemental material on the financing terms and may extend the November 22, 1996, expiration date. See "Financing the Offer."
Financing the Offer. If the Partnership obtains financing to purchase additional Interests, the Partnership will prepare and disseminate Supplemental Materials and, if required, will extend the November 22, 1996 expiration date. If a Limited Partner tenders any Interests and owns Fractional Interests, an amount of Interests must be tendered such that a Limited Partner no longer owns any Fractional Interests. If a Limited Partner tenders less than all of their Interests, a minimum of three (3) Interests must be retained. See "The Offer."
Financing the Offer. 2 1.5 Litigation, etc .............................................. 2 Part 2 - Representations and Warranties of the Company .................. 2 2.1 Organization.................................................. 2 2.2 Capitalization................................................ 2 2.3 Authority .................................................... 3 2.4
Financing the Offer. The cash consideration payable to Globalworth Shareholders under the terms of the Offer will be financed from CPI and Aroundtown’s existing cash resources. Barclays and Citi, as joint financial advisers to Zakiono, are satisfied that resources available to Zakiono are sufficient to satisfy in full the cash consideration payable to Globalworth Shareholders under the terms of the Offer.
Financing the Offer. The Cash Consideration will be funded using Huadong's existing cash resources. Huadong has obtained an irrevocable guarantee from Industrial and Commercial Bank of China Limited, London Branch to fund the Cash Consideration, which it can call on as an alternative to using its existing cash resources. ▇▇▇▇▇ ▇▇▇▇▇▇▇, financial adviser to Huadong, is satisfied that sufficient resources are available to Huadong to satisfy in full the Cash Consideration payable under the terms of the Offer.
Financing the Offer. Full acceptance of the Offer by Wireless Shareholders will result in a maximum cash consideration payable by News Corp (UK & Ireland) of approximately £220.3 million. The cash consideration payable under the Offer will be funded using existing cash resources of the News Corp group. ▇▇▇▇, financial adviser to News Corp and News Corp (UK & Ireland), is satisfied that the necessary financial resources are available to News Corp (UK & Ireland) to enable it to satisfy in full the consideration payable by News Corp (UK & Ireland) under the Offer.