Common use of Financial Capacity Clause in Contracts

Financial Capacity. The Investor has, or has legally binding commitments from equity investors, lenders or both to provide, and the Investor will have on the Closing Date, all the funds the Investor will require to enable the Investor to pay the purchase price for the Acquired Common Stock it will be purchasing as described in Section 1.1 when and as contemplated by this Agreement.

Appears in 7 contracts

Samples: Investment Agreement (Oaktree Capital Group Holdings GP, LLC), Investment Agreement (First Bancorp /Pr/), Investment Agreement (First Bancorp /Pr/)

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Financial Capacity. The Investor has, or has legally binding commitments from equity investors, lenders or both to provide, and the Investor will have on the Closing Date, all the funds the Investor will require to enable the Investor to pay the purchase price for the Acquired Common Stock it will be purchasing as described in Section 1.1 1.1, when and as contemplated by this Agreement.

Appears in 2 contracts

Samples: Investment Agreement (First Bancorp /Pr/), Investment Agreement (First Bancorp /Pr/)

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Financial Capacity. The Investor has, or has legally binding commitments from equity investors, lenders or both to provide, and on the Closing Date the Investor will have on the Closing Datehave, all the funds the Investor will require to enable the Investor to pay the purchase price Aggregate Purchase Price for the Acquired Common Stock it will be purchasing as described in Section 1.1 indicated on the signature page of the Investor’s Subscription Agreement when and as contemplated by this the Investor’s Subscription Agreement, including these Terms and Conditions.

Appears in 1 contract

Samples: Subscription Agreement (First Bancorp /Pr/)

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