{"component": "clause", "props": {"groups": [{"samples": [{"hash": "jjLkZU4zaQC", "uri": "/contracts/jjLkZU4zaQC#financing-commitment", "label": "Omnibus Agreement (Atlas Pipeline Partners Lp)", "score": 18.0, "published": true}, {"hash": "iFI3M0bWjxs", "uri": "/contracts/iFI3M0bWjxs#financing-commitment", "label": "Omnibus Agreement (Atlas America Public #15-2005 Program)", "score": 18.0, "published": true}, {"hash": "hVtOFRxaYyL", "uri": "/contracts/hVtOFRxaYyL#financing-commitment", "label": "Omnibus Agreement (Atlas Pipeline Holdings, L.P.)", "score": 18.0, "published": true}], "snippet_links": [{"key": "the-period", "type": "clause", "offset": [4, 14]}, {"key": "commencing-on-the", "type": "clause", "offset": [15, 32]}, {"key": "date-hereof", "type": "clause", "offset": [33, 44]}, {"key": "fifth-anniversary", "type": "definition", "offset": [63, 80]}, {"key": "atlas-america", "type": "definition", "offset": [89, 102]}, {"key": "resource-energy", "type": "definition", "offset": [107, 122]}, {"key": "provide-to", "type": "clause", "offset": [132, 142]}, {"key": "per-annum", "type": "definition", "offset": [239, 248]}, {"key": "cost-of", "type": "clause", "offset": [264, 271]}, {"key": "gathering-system", "type": "clause", "offset": [286, 302]}, {"key": "jointly-and-severally", "type": "clause", "offset": [393, 414]}, {"key": "written-request", "type": "definition", "offset": [463, 478]}, {"key": "common-units", "type": "definition", "offset": [503, 515]}, {"key": "equal-to", "type": "definition", "offset": [527, 535]}, {"key": "closing-prices", "type": "definition", "offset": [566, 580]}, {"key": "american-stock-exchange", "type": "definition", "offset": [608, 631]}, {"key": "principal-trading-market", "type": "definition", "offset": [679, 703]}, {"key": "such-security", "type": "definition", "offset": [708, 721]}, {"key": "trading-days", "type": "clause", "offset": [801, 813]}, {"key": "the-purchase", "type": "clause", "offset": [849, 861]}, {"key": "fair-market-value-of-the", "type": "clause", "offset": [874, 898]}, {"key": "the-foregoing", "type": "definition", "offset": [959, 972]}, {"key": "average-fair-market-value", "type": "definition", "offset": [984, 1009]}, {"key": "in-good-faith", "type": "definition", "offset": [1054, 1067]}, {"key": "board-of", "type": "definition", "offset": [1099, 1107]}, {"key": "the-general-partner", "type": "clause", "offset": [1108, 1127]}], "snippet": "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 MLP's 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.", "size": 12, "hash": "ae241b2f04ad0d4df173484dc42ec163", "id": 1}, {"samples": [{"hash": "aMNjaOz1tXN", "uri": "/contracts/aMNjaOz1tXN#financing-commitment", "label": "Funding Agreement (Argentum 47, Inc.)", "score": 26.4407939911, "published": true}], "snippet_links": [{"key": "borrower-a", "type": "definition", "offset": [32, 42]}, {"key": "date-of-this-agreement", "type": "definition", "offset": [129, 151]}, {"key": "each-loan", "type": "clause", "offset": [223, 232]}, {"key": "rate-of", "type": "clause", "offset": [343, 350]}, {"key": "per-annum", "type": "definition", "offset": [354, 363]}, {"key": "due-and-payable", "type": "definition", "offset": [421, 436]}, {"key": "calendar-day", "type": "clause", "offset": [450, 462]}, {"key": "by-the-borrower", "type": "clause", "offset": [481, 496]}, {"key": "each-tranche", "type": "definition", "offset": [500, 512]}, {"key": "maturity-date", "type": "definition", "offset": [515, 528]}, {"key": "outstanding-convertible-notes", "type": "clause", "offset": [559, 588]}, {"key": "shares-of", "type": "clause", "offset": [627, 636]}, {"key": "common-stock", "type": "clause", "offset": [648, 660]}, {"key": "conversion-price", "type": "definition", "offset": [666, 682]}, {"key": "equal-to", "type": "definition", "offset": [683, 691]}, {"key": "average-closing-price", "type": "clause", "offset": [722, 743]}, {"key": "stock-on", "type": "definition", "offset": [765, 773]}, {"key": "bulletin-board", "type": "clause", "offset": [795, 809]}, {"key": "trading-days", "type": "clause", "offset": [827, 839]}, {"key": "attached-hereto-as-exhibit", "type": "definition", "offset": [841, 867]}, {"key": "incorporated-herein-by-reference", "type": "clause", "offset": [876, 908]}, {"key": "a-copy-of-the", "type": "clause", "offset": [912, 925]}, {"key": "form-of", "type": "definition", "offset": [926, 933]}, {"key": "in-the-event-of", "type": "definition", "offset": [984, 999]}, {"key": "the-convertible-notes", "type": "clause", "offset": [1096, 1117]}], "snippet": "The Lender agrees to provide to Borrower a minimum of \u00a31,700,000 (GBP) in loans (equivalent to approximately US$1,940,000 at the date of this agreement), in one or more tranches commencing within the month of June of 2018. Each loan (\u201cTranche\u201d) shall be evidenced by a \u201cConvertible Note\u201d in the amount of such Tranche, bearing interest at the rate of 6% per annum, payable semi-annually. Each \u201cConvertible Note\u201d shall be due and payable on the 366th calendar day following receipt by the Borrower of each Tranche (\u201cMaturity Date\u201d). On each Maturity Date, the outstanding Convertible Notes shall be automatically converted into shares of Borrower\u2019s common stock at a conversion price equal to the greater of US$0.02 or the average closing price of Borrower\u2019s common stock on the Over-the-Counter Bulletin Board for the prior 60 trading days. Attached hereto as Exhibit \u201cA\u201d and incorporated herein by reference is a copy of the form of \u201cConvertible Note\u201d that will be issued hereunder. In the event of any discrepancy between this Agreement and the \u201cConvertible Notes\u201d, the terms and conditions of the Convertible Notes shall control.", "size": 4, "hash": "122957615b02198a36b0c469f31cfbdc", "id": 5}, {"samples": [{"hash": "dtG34xLbYxl", "uri": "/contracts/dtG34xLbYxl#financing-commitment", "label": "Operating Agreement (Public Service Co of North Carolina Inc)", "score": 18.0, "published": true}, {"hash": "7OTyLF0BTax", "uri": "/contracts/7OTyLF0BTax#financing-commitment", "label": "Operating Agreement (Public Service Co of North Carolina Inc)", "score": 18.0, "published": true}, {"hash": "3HkozClArFW", "uri": "/contracts/3HkozClArFW#financing-commitment", "label": "Operating Agreement (Public Service Co of North Carolina Inc)", "score": 16.0, "published": true}], "snippet_links": [{"key": "definitive-agreements", "type": "definition", "offset": [0, 21]}, {"key": "financial-institutions", "type": "definition", "offset": [42, 64]}, {"key": "other-persons", "type": "clause", "offset": [68, 81]}, {"key": "and-the-company", "type": "clause", "offset": [82, 97]}, {"key": "financing-corporation", "type": "definition", "offset": [105, 126]}, {"key": "pursuant-to", "type": "definition", "offset": [127, 138]}, {"key": "the-conditions", "type": "clause", "offset": [208, 222]}, {"key": "purchase-securities", "type": "definition", "offset": [263, 282]}, {"key": "a-portion", "type": "definition", "offset": [383, 392]}, {"key": "the-facilities", "type": "clause", "offset": [396, 410]}], "snippet": "Definitive agreements between one or more financial institutions or other Persons and the Company or the Financing Corporation pursuant to which such financial institutions or other Persons agree, subject to the conditions set forth therein, to lend money to, or purchase securities of, the Company or the Financing Corporation, the proceeds of which shall be used to finance all or a portion of the Facilities.", "size": 4, "hash": "589403dbfe6a9b17e0352006cfac8e4e", "id": 4}, {"samples": [{"hash": "hFyDLR0QFVG", "uri": "/contracts/hFyDLR0QFVG#financing-commitment", "label": "Coinbase Prime Broker Agreement (iShares Bitcoin Premium Income ETF)", "score": 35.2464065552, "published": true}, {"hash": "3UeYUnsIe9x", "uri": "/contracts/3UeYUnsIe9x#financing-commitment", "label": "Coinbase Prime Broker Agreement (iShares Bitcoin Premium Income ETF)", "score": 35.2464065552, "published": true}, {"hash": "hTQdA9zSNaD", "uri": "/contracts/hTQdA9zSNaD#financing-commitment", "label": "Coinbase Prime Broker Agreement (iShares Staked Ethereum Trust ETF)", "score": 35.1286773682, "published": true}], "snippet_links": [{"key": "commitment-period", "type": "definition", "offset": [28, 45]}, {"key": "terms-of", "type": "definition", "offset": [65, 73]}, {"key": "purchase-and-sale-of", "type": "clause", "offset": [151, 171]}, {"key": "digital-assets", "type": "clause", "offset": [176, 190]}, {"key": "by-the-client", "type": "clause", "offset": [201, 214]}, {"key": "the-trading-platform", "type": "clause", "offset": [218, 238]}, {"key": "any-order", "type": "definition", "offset": [360, 369]}, {"key": "digital-asset-unavailability-event", "type": "definition", "offset": [375, 409]}, {"key": "and-lender", "type": "clause", "offset": [451, 461]}, {"key": "at-the-time", "type": "definition", "offset": [476, 487]}, {"key": "an-order", "type": "definition", "offset": [503, 511]}, {"key": "delayed-settlement", "type": "clause", "offset": [526, 544]}, {"key": "otc-order", "type": "definition", "offset": [545, 554]}, {"key": "sufficient-cash", "type": "clause", "offset": [601, 616]}, {"key": "purchase-or-sale", "type": "definition", "offset": [667, 683]}, {"key": "form-of", "type": "definition", "offset": [737, 744]}, {"key": "trade-credits", "type": "definition", "offset": [750, 763]}, {"key": "and-provided-that", "type": "clause", "offset": [910, 927]}, {"key": "to-extend", "type": "clause", "offset": [961, 970]}, {"key": "notional-value", "type": "definition", "offset": [1011, 1025]}, {"key": "the-relevant", "type": "clause", "offset": [1038, 1050]}, {"key": "available-balance", "type": "definition", "offset": [1084, 1101]}, {"key": "sale-order", "type": "definition", "offset": [1129, 1139]}, {"key": "in-addition", "type": "clause", "offset": [1196, 1207]}, {"key": "financing-arrangement", "type": "definition", "offset": [1284, 1305]}, {"key": "execution-of-orders", "type": "definition", "offset": [1342, 1361]}, {"key": "borrower-authorized-amount", "type": "definition", "offset": [1396, 1422]}, {"key": "of-lender", "type": "clause", "offset": [1433, 1442]}, {"key": "prior-to-the", "type": "clause", "offset": [1467, 1479]}, {"key": "calendar-days", "type": "definition", "offset": [1586, 1599]}, {"key": "notice-to-borrower", "type": "definition", "offset": [1609, 1627]}, {"key": "subject-to-section", "type": "clause", "offset": [1633, 1651]}, {"key": "interest-charges-and-fees", "type": "clause", "offset": [1671, 1696]}, {"key": "the-applicable-charges", "type": "definition", "offset": [1703, 1725]}, {"key": "in-writing", "type": "clause", "offset": [1742, 1752]}, {"key": "lender-and-borrower", "type": "clause", "offset": [1771, 1790]}, {"key": "from-time-to-time", "type": "clause", "offset": [1791, 1808]}, {"key": "related-to", "type": "definition", "offset": [1866, 1876]}, {"key": "fees-or-charges", "type": "clause", "offset": [1921, 1936]}, {"key": "interest-charged", "type": "clause", "offset": [2014, 2030]}, {"key": "with-respect-to-an", "type": "clause", "offset": [2268, 2286]}, {"key": "sale-of-the", "type": "clause", "offset": [2301, 2312]}, {"key": "type-of", "type": "definition", "offset": [2318, 2325]}, {"key": "is-not-required-to", "type": "clause", "offset": [2430, 2448]}, {"key": "purchase-of", "type": "clause", "offset": [2669, 2680]}, {"key": "require-the", "type": "clause", "offset": [2871, 2882]}, {"key": "minimum-amount", "type": "definition", "offset": [2896, 2910]}, {"key": "margin-or-collateral", "type": "definition", "offset": [2914, 2934]}, {"key": "other-requirement", "type": "clause", "offset": [3093, 3110]}, {"key": "in-respect-of", "type": "definition", "offset": [3111, 3124]}, {"key": "extension-of-credit", "type": "clause", "offset": [3167, 3186]}, {"key": "agreement-or", "type": "definition", "offset": [3222, 3234]}, {"key": "applicable-law", "type": "clause", "offset": [3238, 3252]}, {"key": "determination-of-the", "type": "clause", "offset": [3300, 3320]}, {"key": "lender-may", "type": "definition", "offset": [3353, 3363]}, {"key": "the-actions", "type": "clause", "offset": [3381, 3392]}, {"key": "in-this-clause", "type": "clause", "offset": [3403, 3417]}, {"key": "references-to", "type": "definition", "offset": [3525, 3538]}, {"key": "provisions-of-the", "type": "clause", "offset": [3548, 3565]}, {"key": "a-day", "type": "definition", "offset": [3641, 3646]}, {"key": "days-prior", "type": "definition", "offset": [3684, 3694]}, {"key": "change-in-law", "type": "clause", "offset": [3772, 3785]}, {"key": "the-financing", "type": "clause", "offset": [3802, 3815]}, {"key": "section-2", "type": "clause", "offset": [3861, 3870]}, {"key": "prime-broker-agreement", "type": "definition", "offset": [3882, 3904]}, {"key": "requested-amount", "type": "definition", "offset": [3997, 4013]}, {"key": "notwithstanding-the-foregoing", "type": "clause", "offset": [4216, 4245]}, {"key": "if-borrower", "type": "clause", "offset": [4247, 4258]}, {"key": "notice-to-lender", "type": "clause", "offset": [4302, 4318]}, {"key": "business-day", "type": "definition", "offset": [4341, 4353]}, {"key": "prior-to-an", "type": "clause", "offset": [4354, 4365]}, {"key": "responded-to", "type": "definition", "offset": [4391, 4403]}, {"key": "a-number", "type": "definition", "offset": [4510, 4518]}, {"key": "equal-to", "type": "definition", "offset": [4519, 4527]}, {"key": "required-amount", "type": "clause", "offset": [4532, 4547]}, {"key": "market-conditions", "type": "clause", "offset": [4566, 4583]}, {"key": "borrower-shall", "type": "clause", "offset": [4601, 4615]}, {"key": "information-provided", "type": "clause", "offset": [4733, 4753]}, {"key": "in-connection-with", "type": "clause", "offset": [4754, 4772]}, {"key": "members-of", "type": "clause", "offset": [4837, 4847]}, {"key": "solely-for-purposes-of-determining", "type": "clause", "offset": [4870, 4904]}, {"key": "availability-of", "type": "clause", "offset": [4909, 4924]}, {"key": "general-terms", "type": "definition", "offset": [5017, 5030]}, {"key": "such-information", "type": "definition", "offset": [5046, 5062]}, {"key": "order-to-sell", "type": "definition", "offset": [5088, 5101]}, {"key": "an-event", "type": "clause", "offset": [5121, 5129]}, {"key": "in-clause", "type": "clause", "offset": [5140, 5149]}, {"key": "the-definition-of", "type": "clause", "offset": [5159, 5176]}, {"key": "acting-in-good-faith", "type": "clause", "offset": [5440, 5460]}, {"key": "the-fees", "type": "clause", "offset": [5520, 5528]}, {"key": "applicable-to", "type": "clause", "offset": [5529, 5542]}, {"key": "increased-cost", "type": "clause", "offset": [5591, 5605]}, {"key": "increase-in-fees", "type": "clause", "offset": [5635, 5651]}, {"key": "reasonable-discretion", "type": "definition", "offset": [5697, 5718]}, {"key": "based-on", "type": "clause", "offset": [5719, 5727]}, {"key": "market-rate", "type": "clause", "offset": [5732, 5743]}, {"key": "fee-increase", "type": "clause", "offset": [5961, 5973]}, {"key": "receipt-of", "type": "clause", "offset": [5995, 6005]}], "snippet": "(a) For the duration of the Commitment Period and subject to the terms of this CTF Agreement, Lender shall finance on a committed basis Orders for the purchase and sale of any Digital Assets submitted by the Client on the Trading Platform up to the Authorized Amount; provided, however, that Lender shall not be required to lend Digital Assets with respect to any Order if a Digital Asset Unavailability Event has occurred and is continuing. Coinbase and Lender agree that if at the time Client submits an Order (other than a Delayed Settlement OTC Order) on the Trading Platform Client does not have sufficient Cash or Digital Assets in its Trading Balance for such purchase or sale, respectively, Lender shall provide financing in the form of Cash Trade Credits or Digital Asset Trade Credits, respectively, in an amount sufficient to execute and settle such Order subject to the terms of this CTF Agreement and provided that (i) Lender shall not be required to extend to Borrower any Trade Credit with a USD notional value at the time the relevant Order is placed in excess of the Available Balance and (ii) with respect to a sale Order, a Digital Asset Unavailability Event has not occurred. In addition, Coinbase and \u2587\u2587\u2587\u2587\u2587\u2587 agree that this CTF Agreement meets any pre-funding or financing arrangement condition Coinbase may have for the execution of Orders on the Trading Platform up to the Borrower Authorized Amount.\n(b) Each of Lender and Coinbase agree that prior to the end of the Commitment Period neither entity shall take any of the following actions without providing 180 calendar days\u2019 written notice to Borrower:\n(i) subject to Section 3(e), increase any interest charges and fees above the applicable charges and fees agreed in writing between Coinbase, Lender and Borrower from time to time for the execution, settlement or financing of any Orders related to the Digital Assets or impose any additional fees or charges with respect thereto; or\n(ii) change, modify or adjust any index relevant to interest charged or paid with respect to the execution, settlement or financing of any Orders related to the Digital Assets; or terminate, accelerate or recall any Trade Credits; or\n(iii) discontinue extending Digital Assets as Trade Credits to Borrower with respect to an Order for the sale of the same type of Digital Asset; provided that, (A) a Digital Asset Unavailability Event has not occurred, and (B) Lender is not required to extend to Borrower any Trade Credit with a USD notional value at the time of extension in excess of the Available Balance; or\n(iv) discontinue extending cash as Trade Credits to Borrower with respect to an Order for the purchase of any Digital Asset; provided that, Lender is not required to extend to Borrower any Trade Credit with a USD notional value at the time of extension in excess of the Available Balance; or\n(v) require the posting of a minimum amount of margin or collateral; or\n(vi) modify any pre-funding or financing arrangement condition Coinbase may have for the execution of Orders on the Trading Platform; or\n(vii) impose any other requirement in respect of Borrower or condition with respect to the extension of credit that is not required under the CTF Agreement or by applicable law; or\n(viii) modify the Authorized Amount or the determination of the Available Balance. Coinbase and Lender may only take any of the actions set forth in this clause (b) by (i) delivering a written notice to Borrower that describes in reasonable detail (including specific references to relevant provisions of the CTF Agreement) the actions such entity intends to take and is delivered on a day that is no earlier than 180 calendar days prior to the date on which such entity takes such action or (ii) in the event of a Change in Law with respect to the financing under this CTF Agreement, as permitted under Section 25(a) of the Prime Broker Agreement.\n(c) Lender shall not be required to extend Digital Asset Trade Credits with respect to any Requested Amount if at the time an Order for the sale of Digital Assets is submitted that would require the extension of Digital Assets Trade Credits a Digital Asset Unavailability Event has occurred and is continuing. Notwithstanding the foregoing, if Borrower has delivered a Digital Asset Availability Notice to Lender by 6:00 PM EST on the Business Day prior to an Order and Lender has not responded to such notice within 1 hour of its receipt, Lender is committed to extending Digital Asset Trade Credits in a number equal to the Required Amount regardless of the market conditions at the time.\n(d) Borrower shall deliver any Digital Asset Availability Notice to [***]. Coinbase and Lender represent, warrant and covenant that any information provided in connection with a Digital Asset Availability Notice shall be shared solely with members of their financing team, solely for purposes of determining the availability of a Required Amount and Coinbase and Lender and Coinbase\u2019s obligations under Section 2 of the General Terms shall apply to such information.\n(e) With respect to any Order to sell Digital Assets, if an event described in clause (iii) of the definition of \u201cDigital Asset Unavailability Event\u201d has occurred and is continuing which results in Lender\u2019s cost to borrow the relevant Digital Assets materially increasing because of such event, if Lender can still borrow the relevant Digital Asset, Lender shall be entitled, acting in good faith and in its commercially reasonably discretion, to increase the fees applicable to loans of Digital Assets to take account of such increased cost; provided that, (i) any such increase in fees shall be determined in Lender\u2019s commercially reasonable discretion based on the market rate for the relevant Digital Asset and (ii) (A) if Borrower has submitted a Digital Asset Availability Notice prior 6:00 PM EST on the immediately preceding Business Day, Lender has informed Borrower of the amount of any fee increase within 1 hour of its receipt of such Digital Asset Availability Notice or (B) if Borrower has not submitted a Digital Asset Availability Notice, Lender has notified Borrower of such fee increase by 6:00 PM EST on the immediately preceding Business Day.", "size": 12, "hash": "47da82468cfd4add2d4cf58b47531a08", "id": 2}, {"samples": [{"hash": "4kLprk35T6g", "uri": "/contracts/4kLprk35T6g#financing-commitment", "label": "Facility Agreement", "score": 29.3408622742, "published": true}, {"hash": "30rfzjoTrCF", "uri": "/contracts/30rfzjoTrCF#financing-commitment", "label": "Facility Agreement (Aleris Ohio Management, Inc.)", "score": 20.3771381378, "published": true}, {"hash": "cGx6p0FNbie", "uri": "/contracts/cGx6p0FNbie#financing-commitment", "label": "Facility Agreement (Aleris Ohio Management, Inc.)", "score": 20.2402458191, "published": true}], "snippet_links": [{"key": "the-lender", "type": "clause", "offset": [0, 10]}, {"key": "original-commitment", "type": "definition", "offset": [92, 111]}, {"key": "with-respect-to", "type": "clause", "offset": [112, 127]}, {"key": "the-facilities", "type": "clause", "offset": [128, 142]}, {"key": "at-any-time", "type": "clause", "offset": [143, 154]}, {"key": "the-borrower", "type": "definition", "offset": [163, 175]}, {"key": "prior-written-consent", "type": "clause", "offset": [178, 199]}], "snippet": "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 Borrower\u2019s prior written consent.", "size": 3, "hash": "95e6d2e3ab28ad29c0fe8f9b25348929", "id": 6}, {"samples": [{"hash": "gzUuWt8aOC", "uri": "/contracts/gzUuWt8aOC#financing-commitment", "label": "Merger Agreement (American Studios Inc)", "score": 16.0, "published": true}, {"hash": "7r2B2f8Y3oT", "uri": "/contracts/7r2B2f8Y3oT#financing-commitment", "label": "Merger Agreement (Pca International Inc)", "score": 16.0, "published": true}, {"hash": "4WpHBugKImW", "uri": "/contracts/4WpHBugKImW#financing-commitment", "label": "Merger Agreement (American Studios Inc)", "score": 16.0, "published": true}], "snippet_links": [{"key": "section-47", "type": "clause", "offset": [3, 14]}], "snippet": "22 Section 4.7", "size": 4, "hash": "603d597086e3636a042ecae5b0ef970e", "id": 3}, {"samples": [{"hash": "gBXilR55Irj", "uri": "/contracts/gBXilR55Irj#financing-commitment", "label": "Asset Purchase Agreement (Northland Cable Properties Five LTD Partnership)", "score": 18.0, "published": true}, {"hash": "82ET5RfGei3", "uri": "/contracts/82ET5RfGei3#financing-commitment", "label": "Asset Purchase Agreement (Northland Cable Properties Six LTD Partnership)", "score": 18.0, "published": true}, {"hash": "4jkNm862RyE", "uri": "/contracts/4jkNm862RyE#financing-commitment", "label": "Asset Purchase Agreement (Northland Cable Properties Five LTD Partnership)", "score": 18.0, "published": true}], "snippet_links": [{"key": "days-after", "type": "definition", "offset": [23, 33]}, {"key": "date-of-this-agreement", "type": "definition", "offset": [38, 60]}, {"key": "buyer-shall", "type": "clause", "offset": [62, 73]}, {"key": "form-and-substance", "type": "clause", "offset": [137, 155]}, {"key": "to-buyer", "type": "definition", "offset": [169, 177]}, {"key": "sole-and-absolute-discretion", "type": "definition", "offset": [185, 213]}], "snippet": "Within forty-five (45) days after the date of this Agreement, Buyer shall have received a financing commitment from Buyer's lenders in a form and substance satisfactory to Buyer in its sole and absolute discretion.", "size": 3, "hash": "7dfa59bda78b2925a896563b5f08d60b", "id": 7}, {"samples": [{"hash": "g0vPvQC0OK", "uri": "/contracts/g0vPvQC0OK#financing-commitment", "label": "Asset Purchase Agreement (American Cable Tv Investors 5 LTD)", "score": 18.0, "published": true}, {"hash": "c0TBrax9stc", "uri": "/contracts/c0TBrax9stc#financing-commitment", "label": "Asset Purchase Agreement (Mediacom LLC)", "score": 18.0, "published": true}, {"hash": "6SY9YE5sikt", "uri": "/contracts/6SY9YE5sikt#financing-commitment", "label": "Asset Purchase Agreement (Mediacom LLC)", "score": 18.0, "published": true}], "snippet_links": [{"key": "buyer-shall", "type": "clause", "offset": [29, 40]}, {"key": "seller-a", "type": "definition", "offset": [73, 81]}, {"key": "true-and-correct-copy", "type": "clause", "offset": [82, 103]}, {"key": "a-commitment", "type": "definition", "offset": [108, 120]}, {"key": "form-and-substance", "type": "clause", "offset": [125, 143]}, {"key": "financial-institution", "type": "definition", "offset": [210, 231]}, {"key": "to-buyer", "type": "definition", "offset": [243, 251]}, {"key": "funds-necessary", "type": "clause", "offset": [256, 271]}, {"key": "at-any-time", "type": "clause", "offset": [273, 284]}, {"key": "existing-resources", "type": "definition", "offset": [354, 372]}, {"key": "obligations-under-this-agreement", "type": "clause", "offset": [409, 441]}, {"key": "with-respect-to", "type": "clause", "offset": [446, 461]}, {"key": "the-transactions-contemplated-by-this-agreement", "type": "clause", "offset": [462, 509]}, {"key": "obligation-to-purchase", "type": "clause", "offset": [525, 547]}, {"key": "the-assets", "type": "clause", "offset": [548, 558]}, {"key": "to-pay", "type": "clause", "offset": [563, 569]}, {"key": "the-purchase-price", "type": "clause", "offset": [570, 588]}, {"key": "subject-only", "type": "definition", "offset": [603, 615]}, {"key": "conditions-to-closing", "type": "definition", "offset": [647, 668]}, {"key": "article-viii", "type": "clause", "offset": [682, 694]}, {"key": "change-in", "type": "definition", "offset": [742, 751]}, {"key": "financial-markets", "type": "definition", "offset": [756, 773]}, {"key": "date-of", "type": "clause", "offset": [784, 791]}, {"key": "financial-condition-of-buyer", "type": "clause", "offset": [872, 900]}, {"key": "without-limiting-the-foregoing", "type": "clause", "offset": [955, 985]}, {"key": "the-commitment", "type": "definition", "offset": [987, 1001]}, {"key": "subject-to", "type": "clause", "offset": [1015, 1025]}, {"key": "equity-funding", "type": "definition", "offset": [1056, 1070]}, {"key": "in-writing", "type": "clause", "offset": [1148, 1158]}, {"key": "prior-to-the", "type": "clause", "offset": [1189, 1201]}, {"key": "initial-termination-date", "type": "definition", "offset": [1202, 1226]}], "snippet": "No later than June 23, 1997, Buyer shall have obtained, and delivered to Seller a true and correct copy of, a commitment (in form and substance satisfactory to Seller in its reasonable judgment) of a reputable financial institution to provide to Buyer the funds necessary (at any time to and including December 19, 1997) which together with Buyer's then existing resources enable it to satisfy all of Buyer's obligations under this Agreement and with respect to the transactions contemplated by this Agreement, including its obligation to purchase the Assets and to pay the Purchase Price, with funding subject only to (a) the satisfaction of the conditions to Closing set forth in Article VIII, (b) there having occurred no Material Adverse Change in the Financial Markets after the date of such commitment and (c) there having occurred no material adverse change in the financial condition of Buyer after the date of such commitment (the \"Commitment\"). Without limiting the foregoing, the Commitment shall not be subject to any condition with respect to equity funding (except a condition, if any, which such financial institution has confirmed, in writing to Seller, has been satisfied prior to the Initial Termination Date).", "size": 3, "hash": "626ae95fcac4267daed811c593a86bfe", "id": 8}, {"samples": [{"hash": "85LH3X4U0sE", "uri": "/contracts/85LH3X4U0sE#financing-commitment", "label": "Purchase and Sale Agreement", "score": 31.3390369415, "published": true}, {"hash": "g2PDdeZXSqt", "uri": "/contracts/g2PDdeZXSqt#financing-commitment", "label": "Purchase and Sale Agreement", "score": 28.5277614594, "published": true}, {"hash": "c49Ch0Thj5p", "uri": "/contracts/c49Ch0Thj5p#financing-commitment", "label": "Purchase and Sale Agreement", "score": 28.5085983276, "published": true}], "snippet_links": [{"key": "prior-to-the", "type": "clause", "offset": [0, 12]}, {"key": "expiration-of-the-due-diligence-period", "type": "definition", "offset": [13, 51]}, {"key": "buyer-shall", "type": "clause", "offset": [53, 64]}, {"key": "by-buyer", "type": "clause", "offset": [156, 164]}, {"key": "equity-investors", "type": "definition", "offset": [182, 198]}, {"key": "institutional-lenders", "type": "definition", "offset": [202, 223]}, {"key": "the-purchase", "type": "clause", "offset": [236, 248]}, {"key": "redevelopment-of-the-property", "type": "clause", "offset": [253, 282]}, {"key": "adjacent-parcels", "type": "clause", "offset": [287, 303]}, {"key": "the-financing", "type": "clause", "offset": [334, 347]}, {"key": "section-4", "type": "definition", "offset": [402, 411]}, {"key": "in-order-to", "type": "clause", "offset": [419, 430]}, {"key": "a-commitment", "type": "definition", "offset": [466, 478]}, {"key": "by-the-issuer", "type": "clause", "offset": [503, 516]}, {"key": "level-of-detail", "type": "clause", "offset": [565, 580]}, {"key": "prospective-lender", "type": "definition", "offset": [605, 623]}, {"key": "similar-transactions", "type": "clause", "offset": [639, 659]}, {"key": "closing-and-conditions-thereof", "type": "clause", "offset": [688, 718]}, {"key": "in-the-case", "type": "clause", "offset": [725, 736]}, {"key": "loan-commitments", "type": "definition", "offset": [740, 756]}, {"key": "the-proposed", "type": "clause", "offset": [772, 784]}, {"key": "principal-amount", "type": "definition", "offset": [785, 801]}, {"key": "interest-rate", "type": "definition", "offset": [803, 816]}, {"key": "guaranty-requirements", "type": "clause", "offset": [852, 873]}, {"key": "maturity-date", "type": "definition", "offset": [875, 888]}, {"key": "improvements-to-be-constructed", "type": "clause", "offset": [890, 920]}, {"key": "date-of", "type": "clause", "offset": [941, 948]}, {"key": "the-commitment", "type": "definition", "offset": [949, 963]}], "snippet": "Prior to the expiration of the Due Diligence Period, Buyer shall provide Seller with a financing commitment or commitments, which has or have been accepted by Buyer from one or more equity investors or institutional lenders, to finance the purchase and redevelopment of the Property and adjacent parcels (the \u201cFinancing Commitment\u201d). The Financing Commitment shall be consistent with the provisions of Section 4 above. In order to constitute a Financing Commitment, a commitment must be duly authorized by the issuer, and must be in substantially the same form and level of detail typically utilized by a prospective lender or investor in similar transactions, including requirements for Closing and conditions thereof; and, in the case of loan commitments, setting forth the proposed principal amount, interest rate, amortization terms, collateral or guaranty requirements, maturity date, improvements to be constructed, and the expiration date of the commitment.", "size": 3, "hash": "c64cb4f3d104fad2ea3d9187a45bd0b2", "id": 9}, {"samples": [{"hash": "22uT1qtahWJ", "uri": "/contracts/22uT1qtahWJ#financing-commitment", "label": "Asset Purchase Agreement (Star Buffet Inc)", "score": 21.0, "published": true}, {"hash": "1kwteJe6p1R", "uri": "/contracts/1kwteJe6p1R#financing-commitment", "label": "Asset Purchase Agreement (Star Buffet Inc)", "score": 21.0, "published": true}, {"hash": "1aPwWQCg2sk", "uri": "/contracts/1aPwWQCg2sk#financing-commitment", "label": "Asset Purchase Agreement (Star Buffet Inc)", "score": 21.0, "published": true}], "snippet_links": [{"key": "sufficient-funds", "type": "definition", "offset": [10, 26]}, {"key": "to-pay", "type": "clause", "offset": [27, 33]}, {"key": "the-purchase-price", "type": "clause", "offset": [34, 52]}, {"key": "a-third-party", "type": "clause", "offset": [112, 125]}], "snippet": "Buyer has sufficient funds to pay the Purchase Price or, alternatively, has secured a financing commitment from a third party in an amount sufficient to pay the Purchase Price.", "size": 3, "hash": "0a784854d84e955ed8d284cf9ff761aa", "id": 10}], "next_curs": "Cl0SV2oVc35sYXdpbnNpZGVyY29udHJhY3RzcjkLEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2Ih1maW5hbmNpbmctY29tbWl0bWVudCMwMDAwMDAwYQyiAQJlbhgAIAA=", "clause": {"title": "Financing Commitment", "size": 239, "children": [["", ""], ["entire-agreement", "Entire Agreement"], ["notices", "Notices"], ["severability", "Severability"], ["termination", "Termination"]], "parents": [["representations-and-warranties-of-buyer", "REPRESENTATIONS AND WARRANTIES OF BUYER"], ["stand-by-financing-commitment", "Stand by Financing Commitment"], ["covenants", "Covenants"], ["definitions", "Definitions"], ["unclaimed-property", "Unclaimed Property"]], "id": "financing-commitment", "related": [["financing-commitments", "Financing Commitments", "<strong>Financing Commitments</strong>"], ["commitment-letter", "Commitment Letter", "Commitment Letter"], ["debt-financing", "Debt Financing", "Debt Financing"], ["equity-commitment", "Equity Commitment", "Equity Commitment"], ["investment-commitment", "Investment Commitment", "Investment Commitment"]], "related_snippets": [], "updated": "2026-09-04T05:52:11+00:00", "also_ask": ["What are the minimum requirements for a binding financing commitment?", "How can parties negotiate for maximum flexibility or certainty in financing terms?", "What are the most common loopholes or risks that could render a financing commitment unenforceable?", "How do financing commitment clauses differ across jurisdictions or deal types?", "What evidence is typically required in court to prove a party\u2019s breach of a financing commitment?"], "drafting_tip": "Specify funding sources and timelines to ensure reliability; require evidence of financial capacity to mitigate risk of non-performance; define remedies for breach to enhance enforceability.", "explanation": "A Financing Commitment clause sets out the obligation of a party, typically a lender or investor, to provide funding under specified terms and conditions. This clause details the amount of financing, the timeline for disbursement, and any prerequisites such as due diligence or regulatory approvals that must be satisfied before funds are released. Its core practical function is to ensure that the recipient can rely on the availability of funds for a transaction or project, thereby reducing uncertainty and facilitating planning and execution."}, "json": true, "cursor": ""}}