Examples of Debt Financing Commitment Letter in a sentence
Buyer shall not consent to any amendment, modification or early termination of any Equity Financing Commitment Letter or the Debt Financing Commitment Letter that is reasonably likely to impair materially the Equity Financing or the Debt Financing.
As of the date hereof, the Debt Financing Commitment Letter and the Equity Financing Commitment Letter are in full force and effect.
Parent has fully paid any and all commitment fees or other fees on the dates and to the extent required by the Equity Financing Commitment Letter and the Debt Financing Commitment Letter.
In the event any portion of the Debt Financing becomes unavailable on terms and conditions comparable in all material respects to the terms and conditions contemplated in the Debt Financing Commitment Letter, Parent and Purchaser shall use their commercially reasonable efforts to arrange to obtain any such portion from alternative sources on comparable or more favorable terms to Purchaser.
If all conditions to the Debt Financing Sources’ obligations to fund the Debt Financing under the Debt Financing Commitment Letter have been satisfied or, upon funding will be satisfied, Purchaser shall use its commercially reasonable efforts to cause the Debt Financing Sources providing such Debt Financing to fund on the Closing Date the Debt Financing required to consummate the transactions contemplated hereby and by the Debt Financing Documents to occur on the Closing Date.