Common use of Availability of Funds; Solvency Clause in Contracts

Availability of Funds; Solvency. At the Closing, Buyer will have sufficient immediately available funds, in cash, to pay the Purchase Price, to provide the Company with sufficient working capital and to pay any other amounts payable pursuant to this Agreement and to effect the transactions contemplated hereby.

Appears in 2 contracts

Samples: Stock Purchase Agreement, Stock Purchase Agreement (Selas Corp of America)

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Availability of Funds; Solvency. At the Closing, (a) Buyer will have at the Closing sufficient cash in immediately available fundsfunds (without giving effect to any unfunded financing, in cash, regardless of whether any such financing is committed) to pay the Purchase PriceCash Consideration, and all other costs, fees and expenses required to provide the Company with sufficient working capital and to pay any other amounts payable pursuant to be paid by it under this Agreement and to effect the transactions contemplated herebyother Transaction Documents.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Valeant Pharmaceuticals International, Inc.), Asset Purchase Agreement (Medicis Pharmaceutical Corp)

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Availability of Funds; Solvency. At the Closing, Buyer has and will have at the Closing sufficient cash in immediately available funds, in cash, funds to pay the Purchase Price, to provide the Company with sufficient working capital Price and to pay any other amounts payable pursuant costs, fees and expenses required to be paid by it under this Agreement and to effect the other Transaction Documents. As of the Closing and immediately after consummating the transactions contemplated hereby.by this Agreement and the other transactions contemplated by the Transaction Documents, Buyer will not

Appears in 1 contract

Samples: Intellectual Property Asset Purchase Agreement

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