Examples of Equity Financing Sources in a sentence
The Equity Financing Sources have committed to capitalize Parent at the Closing with an aggregate equity contribution equal to approximately $6.32 billion, subject to the terms and conditions set forth in the Equity Commitment Letters (we refer to such financing as the “Equity Financing”).
Zendesk, Parent and the Equity Financing Sources have entered into certain Fee Funding Agreements, pursuant to which, and subject to the terms and conditions contained therein, each Equity Financing Source has agreed to pay a portion of the payment of the Parent Termination Fee and certain fees and expenses payable by Parent or Merger Sub pursuant to the Merger Agreement.
As of the date of this Agreement, the Equity Commitment Letter is in full force and effect and has not been withdrawn, rescinded or terminated or otherwise amended, supplemented or modified in any respect (including by any reduction of the commitments of the Equity Financing Sources thereunder).
The Limited Guarantee, dated as of the date hereof, among the Company and the Equity Financing Sources (the “Limited Guarantee”) is in full force and effect and is a legal, valid and binding obligation of the Guarantor, enforceable against the Guarantor in accordance with its terms, and as of the date hereof no event has occurred which, with or without notice, lapse of time or both, could constitute a default on the part of the Guarantor under the Limited Guarantee.
Purchaser acknowledges that the information and access provided to it pursuant to Section 6.02(a) shall be subject to the terms and conditions of the Confidentiality Agreement; provided, that “Representatives” as defined in the Confidentiality Agreement shall be deemed to include the Equity Financing Sources.