Common use of Financial Ability Clause in Contracts

Financial Ability. At the Closing, HESM OpCo will have, through a combination of cash on hand and funds available under existing credit facilities, funds sufficient to satisfy its obligations under this Agreement and to consummate the transactions contemplated hereby.

Appears in 13 contracts

Sources: Unit Repurchase Agreement (Hess Midstream LP), Unit Repurchase Agreement (Hess Midstream LP), Unit Repurchase Agreement (Hess Midstream LP)

Financial Ability. At the Closing, HESM OpCo will have, through a combination of cash on hand and hand, funds available under existing credit facilitiesfacilities and the proceeds of any Financing (as defined in Section 5.2 below), funds sufficient to satisfy its obligations under this Agreement and to consummate the transactions contemplated hereby.

Appears in 1 contract

Sources: Unit Repurchase Agreement (Hess Midstream LP)