Examples of Equity Financing Letter in a sentence
The Purchaser has no reason to believe that it will not be able to complete the Financing on the terms and conditions outlined in the Highly Confident Letter and the Equity Financing Letter, subject to the terms and conditions expressed therein and the satisfaction of the conditions precedent to the Purchaser’s obligation to consummate the transactions contemplated hereby as specified in Sections 7.1 and 7.2 hereof.
Parent shall promptly notify the Company of (A) the expiration or termination (or attempted or purported termination, whether or not valid) of the Equity Financing Letter, or (B) any refusal by any Equity Financing Source to provide or any stated intent by any Equity Financing Source to refuse to provide the full financing contemplated by the Equity Financing Letter.
This means, the environment or the circumstances under which learning occur should be supportive and conducive enough for effective learning and achievement.
Prior to or on the date hereof, Purchaser has delivered to Seller true and complete copies of (i) an equity financing commitment letter or letters from TPG III and TPG IV to provide the Equity Funds (the "Equity Financing Letter") and (ii) one or more "highly confident" letters from Credit Suisse First Boston LLC with respect to debt financing in form and substance as attached hereto as Exhibit C, in an aggregate amount not less than $1,150,000,000.
Each Equity Financing shall have been consummated in accordance with the applicable Equity Financing Letter.
Notwithstanding anything to the contrary set forth in this Agreement, nothing contained in this Section 5.6 shall require, and in no event shall reasonable best efforts of Parent or Merger Sub be deemed to require, Parent or Merger Sub to seek equity financing from any source other than the Equity Financing Sources, in any amount in excess of, or on other terms and conditions from, the Equity Financing Letter.
Guarantor acknowledges and agrees that the Company is an express third party beneficiary of the Equity Financing Letter as and to the extent expressly set forth therein.
None of Parent, Merger Sub or any of their respective officers or directors will knowingly attempt, directly or indirectly, to induce or encourage Citigroup or OEP or any other applicable entity not to fund any of the financing provided for in the Debt Financing Letter or the Equity Financing Letter, as applicable.
There are no side letters, Contracts or other arrangements or understandings related to any Equity Financing or any Equity Financing Letter.
Neither Parent nor Merger Sub, nor any of their affiliates or associates, has been advised by any of the issuers of the Financing Letters or by Gryphon of any reason why such committed financing will not be consummated in accordance with the terms of the Financing Letters or the Equity Financing Letter.