Equity Financing Commitments definition
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).
Subject to the satisfaction of the conditions in Annex I, the Equity Financing contemplated by the Equity Financing Commitments shall be satisfied.
As of the date hereof, neither of the Equity Financing Commitments nor the Debt Financing Commitment has been amended or modified, no such amendment or modification is contemplated (other than amendments or modifications permitted by Section 5.09(a)), and none of the respective obligations and commitments contained in such letters have been withdrawn, terminated or rescinded in any respect.
Subject to Parent’s rights pursuant to and subject to the terms and conditions of Section 8.12, none of the Equity Financing Commitments has been amended or modified, and the respective commitments contained in the Equity Financing Commitments have not been withdrawn or rescinded in any respect.
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.