Common use of Sufficient Funds; Adequate Assurances Clause in Contracts

Sufficient Funds; Adequate Assurances. Purchaser has, and as of the Closing will have, immediately available funds sufficient for the satisfaction of all of Purchaser’s obligations under this Agreement, including the payment of the Purchase Price when due and all fees, expenses of, and other amounts required to be paid by, Purchaser in connection with the transactions contemplated hereby. Purchaser is and shall be capable of satisfying the conditions contained in sections 365(b)(1)(C) and 365(f) of the Bankruptcy Code with respect to the Service Contracts.

Appears in 5 contracts

Samples: Asset Purchase Agreement, Asset Purchase Agreement, Asset Purchase Agreement

AutoNDA by SimpleDocs

Sufficient Funds; Adequate Assurances. Purchaser has, and as of the Closing The Buyer will have, have immediately available funds sufficient for the satisfaction of all of Purchaserthe Buyer’s obligations under this Agreement, including the payment of the Purchase Price when due and all fees, expenses of, and other amounts required to be paid by, Purchaser the Buyer in connection with the transactions contemplated hereby. Purchaser The Buyer is and shall be capable of satisfying the conditions contained in sections 365(b)(1)(C) and 365(f) of the Bankruptcy Code with respect to the Service Assumed Contracts.

Appears in 5 contracts

Samples: Asset Purchase Agreement, Asset Purchase Agreement, Asset Purchase Agreement

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.