Examples of Equity Financing Commitments in a sentence
As of the date hereof, the Equity Financing Commitments are in full force and effect and constitute the legal, valid and binding obligation of the Buyer and, to the knowledge of the Buyer, the applicable other parties thereto and the Equity Financing Commitments are enforceable against the Buyer and the applicable other parties thereto in accordance with their respective terms (subject to the Enforceability Exceptions).
No event has occurred which, with or without notice, lapse of time or both, would constitute, or would reasonably be expected to constitute, a default or breach of the Equity Financing Commitments on the part of Parent, Sub, or the Equity Financing Parties.
The Purchaser has not taken any action or omitted to take any action, nor has any event occurred, which, with or without notice, lapse of time or both, would constitute a default or breach on the part of the Purchaser under any term or condition of the Equity Financing Commitments, and the Purchaser has no reason to believe that any of the conditions to the Equity Financing contained in the Equity Financing Commitments will not be satisfied on a timely basis.
The Equity Financing Commitments are in full force and effect and are the legal, valid, binding and enforceable obligations of Parent and Sub, as the case may be, and the Equity Financing Parties.
There are no side letters or contracts, agreements or understandings to which Parent, Sub, or the Equity Financing Parties is a party related to the funding or investing, as applicable, of the Equity Financing other than as expressly set forth in the Equity Financing Commitments.