Common use of Adequate Financing Clause in Contracts

Adequate Financing. Buyer currently has, or has received binding commitments pursuant to which one or more lenders or investors have agreed to loan or contribute to Buyer, all funds necessary to satisfy all its obligations under this Agreement and with respect to the transactions contemplated by this Agreement, including its obligations to purchase the Assets and to pay the Purchase Price to Seller.

Appears in 3 contracts

Sources: Asset Purchase Agreement (American Cable Tv Investors 5 LTD), Asset Purchase Agreement (American Cable Tv Investors 5 LTD), Asset Purchase Agreement (American Cable Tv Investors 5 LTD)