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. The Parties understand and agree that because each party is a separate governmental entity, this MOU shall in no way bind or obligate the Parties beyond the term of any particular appropriation of funds by the Idaho State Legislature. Both Parties reserve the right to terminate the MOU, in whole or in part, if the Idaho State Legislature does not appropriate sufficient funds as deemed necessary by either Party. Any termination notice shall follow Section IX.
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 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. 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. 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. 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. Buyer guarantees that it has sufficient funding to perform its payment obligations and to complete the transactions under this Agreement on the Transaction Completion Date.
Sufficient Funding. (a) Parent or Purchaser has or will have sufficient funds on hand to consummate the Transactions and to perform their respective obligations under this Agreement.
(b) Prior to the date hereof, Parent has delivered to the Company true, complete and correct copies of executed commitment letters, as amended to date, including all attachments and annexes (exclusive of the fee letters associated therewith), from certain lenders (the “Financing Commitments”) committing such lenders to provide to Parent, the Company and existing or future Subsidiaries of Parent, as applicable, debt financing necessary to consummate the Offer and the Merger, subject to the terms and conditions set forth therein (the “Financing”). To Parent’s Knowledge, no event has occurred which, with or without notice, lapse of time or both, would constitute a default on the part of Parent under the Financing Commitments. Parent has fully paid any and all commitment fees or other fees required by the Financing Commitments to be paid. The Financing Commitments have not been amended, modified, withdrawn or terminated and are in full force, and there are no conditions to the funding of the full amount of the Financing to be funded at Closing other than as set forth in the Financing Commitments. Neither Parent nor Purchaser has made any drawing under the Financing Commitments, other than in connection with the Closing.
