Common use of Sufficiency of Funds Clause in Contracts

Sufficiency of Funds. Buyer will have sufficient cash on hand on the Closing Date to enable it to make payment of the Purchase Price and consummate the transactions contemplated by this Agreement in accordance with the terms set forth herein.

Appears in 5 contracts

Samples: Asset Purchase Agreement, Asset Purchase Agreement (American Virtual Cloud Technologies, Inc.), Asset Purchase Agreement (American Virtual Cloud Technologies, Inc.)

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Sufficiency of Funds. At Closing, Buyer will have sufficient cash on hand on the Closing Date or other sources of immediately available funds to enable it to make payment of the Purchase Price and consummate the transactions contemplated by this Agreement in accordance with the terms set forth hereinAgreement.

Appears in 3 contracts

Samples: Membership Interest Purchase Agreement (Fat Brands, Inc), Asset Purchase Agreement (Higher One Holdings, Inc.), Share and Asset Purchase Agreement (Grifols SA)

Sufficiency of Funds. At the Closing Date, Buyer will have sufficient cash on hand on the Closing Date or other sources of immediately available funds to enable it to make payment of the Purchase Price and consummate the transactions contemplated by this Agreement in accordance with the terms set forth hereinAgreement.

Appears in 3 contracts

Samples: Purchase Agreement, Purchase Agreement (CNX Resources Corp), Purchase Agreement (Noble Energy Inc)

Sufficiency of Funds. At the Closing, Buyer will have sufficient cash on hand on the Closing Date or other sources of immediately available funds to enable it to make payment of the Purchase Price Consideration and consummate the transactions contemplated by this Agreement in accordance with the terms set forth hereinAgreement.

Appears in 3 contracts

Samples: Asset and Unit Purchase Agreement (Healthequity, Inc.), Asset Purchase Agreement (Healthequity, Inc.), Asset and Unit Purchase Agreement (Healthequity, Inc.)

Sufficiency of Funds. At Closing, the Buyer will have sufficient cash on hand on the Closing Date or other sources of immediately available funds to enable it to make payment of the Purchase Price Cash Payment and consummate the transactions contemplated by this Agreement in accordance with the terms set forth hereinAgreement.

Appears in 2 contracts

Samples: Asset Purchase Agreement (VOXX International Corp), Asset Purchase Agreement (VOXX International Corp)

Sufficiency of Funds. Buyer has, and will have at the Closing, sufficient cash on hand on the Closing Date or other sources of immediately available funds to enable it to make payment of the Closing Date Purchase Price and consummate the transactions contemplated by this Agreement in accordance with the terms set forth hereinAgreement.

Appears in 1 contract

Samples: Asset Purchase Agreement (Astronics Corp)

Sufficiency of Funds. As of the Closing Date, subject to the closing of the transactions contemplated by the Acquisition Loan Agreement on terms satisfactory to Buyer, in its reasonable discretion, Buyer will have sufficient funds consisting of cash on hand on the Closing Date and other sources of immediately available funds to enable it to make the payment of the Initial Cash Purchase Price and consummate the transactions contemplated by this Agreement in accordance with and the terms set forth hereinAncillary Agreements.

Appears in 1 contract

Samples: Unit Purchase Agreement (Ashford Inc.)

Sufficiency of Funds. Buyer has, and will have on the Closing Date, sufficient cash on hand on the Closing Date or other sources of immediately available funds to enable it to make payment of the Purchase Price Cash Consideration and consummate the transactions contemplated by this Agreement in accordance with the terms set forth hereinAgreement.

Appears in 1 contract

Samples: Asset Purchase Agreement (Home Bancshares Inc)

Sufficiency of Funds. As of the date hereof, Buyer will have has cash available that is sufficient cash on hand on the Closing Date to enable it to make payment of the Purchase Price Cash Consideration at Closing and consummate the transactions contemplated by this Agreement in accordance with the terms set forth hereinContemplated Transactions.

Appears in 1 contract

Samples: Asset Purchase Agreement (Hooker Furniture Corp)

Sufficiency of Funds. Buyer On the Closing Date, Purchaser will have sufficient cash on hand on the Closing Date or other sources of immediately available funds to enable it to make payment of the Purchase Price Closing Date Payment and to consummate the transactions contemplated by this Agreement in accordance with and the terms set forth hereinTransaction Documents.

Appears in 1 contract

Samples: Agreement and Plan of Demerger (Neophotonics Corp)

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Sufficiency of Funds. Buyer The Buyers have, or on the Closing Date will have have, sufficient cash on hand on the Closing Date or other sources of immediately available funds sufficient to enable it them to make payment of the Purchase Price Cash Consideration and consummate the transactions contemplated by this Agreement in accordance with the terms set forth hereinAgreement.

Appears in 1 contract

Samples: Asset Purchase Agreement (Timmins Gold Corp.)

Sufficiency of Funds. Buyer will have on the Closing Date sufficient cash on hand on the Closing Date or other sources of immediately available funds to enable it to make payment of the Purchase Price and consummate the transactions contemplated by this Agreement Agreement; provided there are no redemptions of SPAC Shares as referenced in accordance with the terms set forth herein.Section 6.14.β€Œ

Appears in 1 contract

Samples: Equity Purchase Agreement

Sufficiency of Funds. As of the Closing, Buyer will shall have sufficient cash on hand on the Closing Date or other sources of immediately available funds to enable it to make payment of the Purchase Price and consummate the transactions contemplated by this Agreement in accordance with the terms set forth hereinAgreement.

Appears in 1 contract

Samples: Securities Purchase Agreement

Sufficiency of Funds. Buyer will On the Closing Date, after giving effect to the transactions contemplated by this Agreement, the Buyers shall have sufficient cash on hand on the Closing Date or other sources of immediately available funds to enable it them to make payment of the Purchase Price and consummate the transactions contemplated by this Agreement in accordance with to occur at the terms set forth hereinClosing.

Appears in 1 contract

Samples: Partnership Interest Purchase Agreement (Intl Fcstone Inc.)

Sufficiency of Funds. Buyer has, or at Closing will have have, sufficient cash on hand on the Closing Date to enable it to make payment of the cash portion of the Purchase Price and consummate the transactions contemplated by this Agreement in accordance with the terms set forth hereinTransactions.

Appears in 1 contract

Samples: Asset Purchase Agreement (BitNile Holdings, Inc.)

Sufficiency of Funds. On the Closing Date, Buyer will have sufficient cash on hand on the Closing Date funds to enable it to make payment of pay the Purchase Price and consummate the and effect all other transactions contemplated by this Agreement in accordance with and the terms set forth hereinAncillary Agreements.

Appears in 1 contract

Samples: Stock Purchase Agreement (Unified Grocers, Inc.)

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