Common use of No Financing Condition Clause in Contracts

No Financing Condition. Notwithstanding the foregoing, compliance by Parent and Merger Sub with this Section 6.5 shall not relieve Parent or Merger Sub of their respective obligations to consummate the Transaction whether or not the Financing is available, and Parent and Merger Sub each acknowledge and agree that obtaining the Financing is not a condition to the Closing.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Vitamin Shoppe, Inc.), Agreement and Plan of Merger (Liberty Tax, Inc.)

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No Financing Condition. Notwithstanding the foregoing, compliance by Parent and Merger Sub with this Section 6.5 6.6 shall not relieve Parent or Merger Sub of their respective obligations to consummate the Transaction Transactions whether or not the Financing is available, and Parent and Merger Sub each acknowledge and agree that obtaining the Financing is not a condition to the Closing.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Electronics for Imaging Inc), Agreement and Plan of Merger (Travelport Worldwide LTD)

No Financing Condition. Notwithstanding the foregoing, compliance by Parent and Merger Sub with this Section 6.5 shall not relieve Parent or Merger Sub of their respective obligations to consummate the Transaction Transactions whether or not the Financing is available, and Parent and Merger Sub each acknowledge and agree that obtaining the Financing or any permitted alternative financing is not a condition to the Closing.

Appears in 1 contract

Samples: Agreement and Plan of Merger (PRGX Global, Inc.)

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No Financing Condition. Notwithstanding the foregoing, compliance by Parent and Merger Sub with this Section 6.5 shall not relieve Parent or Merger Sub of their respective obligations to consummate the Transaction Transactions whether or not the Financing is available, and Parent and Merger Sub each acknowledge and agree that none of obtaining the Financing or any permitted alternative financing, the completion of any issuance of securities contemplated by the Financing or the Company or any of its Subsidiaries having or maintaining any available cash balances subject to the applicable conditions set forth in Section 7.1 or Section 7.2 is not a condition to the Closing.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Otelco Inc.)

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