Required Funds. Novartis has, and will provide to Merger Sub at the expiration of the Offer and at the Closing, funds on hand necessary to consummate the transactions contemplated by this Agreement and to pay all related fees and expenses.
Required Funds. At this time, the Drone Shop requires $100,000 of debt funds. Below is a breakdown of how these funds will be used: Projected Startup Costs Initial Lease Payments and Deposits $10,000 Working Capital $35,000 FF&E $23,000 Leasehold Improvements $5,000 Security Deposits $5,000 Insurance $2,500 Inventories $17,000 Marketing Budget $7,500 Miscellaneous and Unforeseen Costs $5,000 Total Startup Costs $110,000 Use of Funds 7% 5% 9% 15% 2% 31% 5% 5% 21% Initial Lease Payments and Deposits Working Capital FF&E Leasehold Improvements Security Deposits Insurance Inventories Marketing Budget Miscellaneous and Unforeseen Costs
Required Funds. Acquirer has, or will have by 3:00 p.m. Eastern time on the second Business Day immediately following the date hereof, and will provide to Merger Sub at the Closing, funds on hand necessary to consummate the transactions contemplated by this Agreement and to pay all related fees and expenses.
Required Funds. Parent has, and will provide to Sub at the expiration of the Offer and at the Closing, funds on hand necessary to consummate the Contemplated Transactions and to pay all related fees and expenses.
Required Funds. Cardinal Health will have sufficient funds available to acquire all of the then-outstanding shares of ALARIS Common Stock at the Appointment Time and at the Effective Time.
Required Funds. The aggregate amount of Cash and Cash Equivalents held by Parent and the Group Companies, collectively, immediately after the Closing, after giving effect to the transactions contemplated by Section 1.5, will equal or exceed $50,000,000.
Required Funds. Parent has and will have at all times through and including the Effective Time, and shall provide or cause to be provided to Subcorp and the Surviving Corporation, sufficient funds to acquire all of the then-outstanding shares of Company Common Stock and the Options at the Appointment Time and at the Effective Time, as applicable, for the Per Share Amount or the Merger Consideration and the Option Consideration, as the case may be.
Required Funds. The funds contained in the Trust Account, together with the Co-Investor Amount and the CDM Rollover Amount, shall equal or exceed the Buyer’s Required Funds.
Required Funds. At this time, the Computer Repair Service requires $100,000 of debt funds. Below is a breakdown of how these funds will be used: Projected Expansion Costs Initial Lease Payments and Deposits $10,000 Working Capital $35,000 FF&E $23,000 Leasehold Improvements $5,000 Security Deposits $5,000 Insurance $2,500 Computer Equipment Inventory $17,000 Marketing Budget $7,500 Miscellaneous and Unforeseen Costs $5,000 Total Costs $110,000 Initial Lease Payments and Deposits Working Capital FF&E Leasehold Improvements Security Deposits Insurance Computer Equipment Inventory Marketing Budget Miscellaneous and Unforeseen Costs 21% 2% 5% 4% Usage of Funds 7% 5% 9% 15% 32%
Required Funds. At this time, the Company requires $3,200,000 of equity funds. Below is a breakdown of how these funds will be used: Phase 1: • Project Budget #1 Processing Operations PermitPermitting costs and fees $10,000.00 • Project Coordination $15,000.00 • Office Setup $15,000.00 • Rent, Lease Fee's $50,000.00 • Miscellaneous $10,000.00 Due 6/1/11 $100,000.00 Phase 2: ORE Processing, Operations and Setup • Heavy Equipment • Ore Processing Equipment • Production Trailer • Onsite Utilities • Wages • Taxes, Insurance, State and Federal fees • Project Coordination • Miscellaneous Due 6/1/11 $500,000.00 Due 8/15/11 $100,000.00 $600,000.00 Phase 3: Months 3 through 10 Wages and Taxes Equipment Maintenance Fuel Miscellaneous Month 3 $37,500.00 Month 4 $37,500.00 Month 6 $37,500.00 Month 7 $37,500.00 Month 8 $37,500.00 Month 9 $37,500.00 Month 10 $37,500.00 Due 8/1/11 $300,000.00 TOTAL $1,000,000.00 Phase 1: Payment is due 6/1/11; $100,000.00 Phase 2: Payment is due 6/1/11 for Equipment and setup $500,000.00. Balance of $100,000.00 due on 8/15/11. Phase 3: Payment due first of month ‐ month 3‐10. ($37,500.00 per month) The $300,000.00 to be deposited into the JV by 8/1/11 Project Budget #2 Mineral Exploration The Golden Arrow Purpose: Mineral Exploration for Valuation, Project Expansion, and Efficiency Mineral Exploration Program: Geochemical, Geophysical, and Drilling Anomalous Mineralization Zones Increase productivity and profitability by identifying highly mineralized zones within the property. Focus our production program to most efficiently target and utilize resources’ for the highest profit returns.
