Financing Commitment. Parent has delivered to the Company true, correct and complete copies of the commitment letter, dated March 14, 2014, by and among Parent, RBS Citizens, N.A., and Citizens Bank of Pennsylvania, in effect as of the date of this Agreement (the "Commitment Letter"). The Commitment Letter has not been amended, restated or otherwise modified or rescinded in any respect prior to the date of this Agreement. As of the date of this Agreement, the Commitment Letter is in full force and effect and constitute the legal, valid and binding obligation of each of Parent and, to the knowledge of Parent, the other parties thereto, (except to (i) such enforcement may be subject to applicable bankruptcy, insolvency, reorganization, moratorium or other similar Laws, now or hereafter in effect, relating to creditors' rights generally and (ii) equitable remedies of specific performance and injunctive and other forms of equitable relief may be subject to equitable defenses and to the discretion of the court before which any proceeding therefor may be brought). As of the date of this Agreement, there are no conditions precedent or contingencies relating to the funding of the financing the subject of the Commitment Letter other than as expressly set forth in the Commitment Letter. As and when needed, Parent will have sufficient funds to consummate the transactions contemplated by this Agreement. Parent agrees to provide the financial statements and financial projections required by Item 6 (Financial Information) of the Conditions Precedent to Closing section of the term sheet attached to the Commitment Letter as soon as reasonably practicable after the date of this Agreement.
Financing Commitment. A true and correct copy of the executed Financing Commitment has been delivered to the Sellers and such Financing Commitment is in effect as of the date hereof. The aggregate proceeds covered by the Financing Commitment, together with other cash available to the Buyer, are sufficient to pay $130,000,000 of the Cash Consideration and the anticipated expenses of the Buyer in connection with the consummation of the transactions contemplated by this Agreement.
Financing Commitment. The Lender shall not sell down, assign or otherwise transfer more than 60% of its aggregate original Commitment with respect to the Facilities at any time without the Borrowers prior written consent.
Financing Commitment. As of the date hereof, Parent has delivered to the Company true and complete copies of an executed commitment letter and fee letter redacted for fees from the Financing Sources identified therein (collectively, the Financing Commitment, which includes any offering of debt or equity securities contemplated by the Financing Commitment) to provide, subject to the terms and conditions therein, financing in the amounts set forth therein (being collectively referred to as the Financing). As of the date hereof, the Financing Commitment has not been amended or modified, no such amendment or modification is contemplated, and none of the obligations and commitments contained in such letters have been withdrawn, terminated or rescinded in any respect. Parent or Merger Sub has fully paid any and all commitment fees or other fees in connection with the Financing Commitment that are payable on or prior to the date of this Agreement.
Financing Commitment. Sallie Mae agrees, subject to and upon the terms of this Agreement, to make Advances to the Borrower from time to time as requested on the Borrowing Dates, but not later than the Borrowing Period, in an aggregate amount at any one time outstanding of up to ONE HUNDRED MILLION AND 00/100 DOLLARS ($100,000,000). The total of all such Advances shall not exceed an aggregate principal amount at any one time outstanding equal to the amount for which Security has been pledged pursuant to and in accordance with the minimum collateral levels of Section 8.A hereof. Additionally, following the expiration of the Commitment Period set forth in the ExportSS Agreement, each Advance on any particular Borrowing Date shall be limited to an amount equal to the aggregate amounts that are to be disbursed on such Borrowing Date as subsequent disbursements on Eligible Loans that already had first disbursements made prior to the end of such Commitment Period. The following provisions shall apply to Advances under this Section 3:
Financing Commitment. C&C shall have obtained a firm commitment, subject to customary conditions, from one or more financial institutions for a credit facility having a term of at least three years and a principal amount of at least $30,000,000.
Financing Commitment. C&C shall use its commercially reasonable efforts to take, or cause to be taken, all actions and to do, or cause to be done, all things necessary, proper or advisable to consummate and obtain the financing commitment referred to in Section 6.3(g).
Financing Commitment. For the period commencing on the date hereof and ending on the fifth anniversary hereof, Atlas America and Resource Energy agree to provide to the MLP funding of up to an aggregate of One Million Five Hundred Thousand Dollars ($1,500,000) per annum to finance the cost of expanding the Gathering System or constructing new additions to the Gathering System. Atlas America and Resource Energy, jointly and severally, commit to provide such funding, upon the MLPs written request therefor, by purchasing Common Units at a price equal to the arithmetic average of the closing prices of the Common Units on the American Stock Exchange, or, if the American Stock Exchange is not the principal trading market for such security, on the principal trading market for such security, for the twenty consecutive trading days ending on the trading day prior to the purchase, or, if the fair market value of the Common Units cannot be calculated for such period on any of the foregoing bases, the average fair market value during such period as reasonably determined in good faith by the members of the managing board of the General Partner.
Financing Commitment. The Company shall have received a commitment providing for the financing of the acquisition of each of the Excluded Properties on terms and conditions satisfactory to the Purchasers, and such commitment shall have been accepted in writing by the Company.