Sufficient Funding Sample Clauses

Sufficient Funding. The Purchaser has at its disposal sufficient funding to pay the Aggregate Purchase Price and consummate the transactions contemplated hereby.

Sufficient Funding. On or prior to the Closing Date, the Purchaser will have sufficient cash, available lines of credit or other sources of immediately available funds to satisfy its obligations under this Agreement at Closing, including the payment of the Purchase Price on the Closing Date.

Sufficient Funding. Buyer has sufficient funds on hand and will have sufficient funds on hand at Closing, to consummate the transactions contemplated by, and to perform its obligations under, this Agreement.

Sufficient Funding. The Parties understand and agree that because the IDLA is a governmental entity, this Agreement shall in no way bind or obligate IDLA or the State of Idaho beyond the term of any particular appropriation of funds by the State Legislature. IDLA reserves the right to terminate the Agreement, in whole or in part, if the legislature of the State of Idaho does not appropriate sufficient funds as may be required for the IDLA, or if the legislature requires the IDLA to return funds to the legislature. IDLA may also terminate this Agreement if the executive branch of the State of Idaho mandates any cuts in or holdbacks of funding. Should IDLA decide to terminate this Agreement under this provision, such termination shall become effective upon the 30th day following written notice to School.

Sufficient Funding. The Financing Commitments, together with cash on hand of Parent, is sufficient in the aggregate to (i) fund the payment of the aggregate Merger Consideration, (ii) pay all fees, costs, and expenses required to be paid by Parent pursuant to this Agreement in connection with the Merger and other transaction contemplated by this Agreement, and (iii) satisfy all other payment obligations of Parent, Merger Sub and Surviving Corporation under this Agreement, in each case assuming satisfaction or waiver of the conditions set forth in Article VI of this Agreement. Parent does not have any reason to believe that it will be unable to obtain the Financing on the terms and conditions described in the Financing Commitments.

Sufficient Funding. Purchaser has obtained binding written commitment letters and related term sheets from financially responsible institutions, addressed to Parent or its subsidiaries, dated as of the date hereof, true and correct copies of which have been furnished to the Company for the debt financing to be used in connection with the transactions contemplated hereby. The commitment letters are in full force and effect and Parent has performed all of its obligations thereunder required to be performed on or prior to the date hereof. Parent and Purchaser will have all of the funds available that are necessary to consummate the Transactions and to perform their respective obligations under this Agreement on the dates that Purchaser becomes obligated to pay for the Shares and at the Effective Time.

Sufficient Funding. The Purchaser will have at its disposal sufficient funding on the Closing Date to pay the Net Purchase Price and consummate the transactions contemplated hereby.

Sufficient Funding. ATC has made available to ALLTEL copies ------------------------------- of the ATC Parent Indenture pursuant to which ATC will, at the time of each Closing, have funds sufficient to consummate the Transactions to be consummated at such Closing and to pay the related fees and expenses of ATC. ATC will, at the time of each Closing, have sufficient funds available to consummate the Transactions to be consummated at such Closing, including, without limitation, sufficient funds to pay the Rent to ALLTEL in respect of all of the Sublease Interests being leased or subleased at such Closing.

Sufficient Funding. On the date of this Agreement Parent has, and immediately prior to the Effective Time Parent will have, all necessary funds to make all the payments contemplated by this Agreement to be made by Parent on a timely basis.