Common use of Funds Available Clause in Contracts

Funds Available. The Purchaser has sufficient funds on hand or binding and enforceable commitments to provide it with sufficient funds to satisfy its obligations, in each case to pay the Purchase Price, and the Purchaser has no reason to believe, and has not been provided with oral or written notice that any of its investors are not required or do not intend, for any reason, to satisfy their obligations under such commitments. The Purchaser acknowledges and agrees that its obligations under this Agreement are not contingent on obtaining financing.

Appears in 4 contracts

Samples: Purchase Agreement (Vertex Pharmaceuticals Inc / Ma), Purchase and Sale Agreement (Alnylam Pharmaceuticals, Inc.), Purchase and Sale Agreement (SWK Holdings Corp)

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Funds Available. The Purchaser has sufficient funds on hand or binding and enforceable commitments to provide it with sufficient funds to satisfy its obligations, in each case to pay the Purchase PriceInvestment Amount, and the Purchaser has no reason to believe, and has not been provided with oral or written notice that any of its investors are not required or do not intend, for any reason, to satisfy their obligations under such commitments. The Purchaser acknowledges and agrees that its obligations under this Purchase and Sale Agreement are not contingent on obtaining financing.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Infinity Pharmaceuticals, Inc.), Purchase and Sale Agreement (MEI Pharma, Inc.)

Funds Available. The Purchaser has sufficient funds on hand or binding and enforceable commitments to provide it with sufficient funds to satisfy its obligations, in each case to pay the Purchase Price, and the Purchaser has no reason to believe, and has not been provided with oral or written notice that any of its investors are not required or do not intend, for any reason, to satisfy their obligations under such commitments. The Purchaser acknowledges and agrees that its obligations under this Purchase and Sale Agreement are not contingent on obtaining financing.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Pozen Inc /Nc), Purchase and Sale Agreement (Aquestive Therapeutics, Inc.)

Funds Available. The Purchaser Buyer has sufficient funds on hand or binding and enforceable commitments to provide it with sufficient funds to satisfy its obligations, in each case case, to pay the Purchase PriceClosing Payment, and the Purchaser Buyer has no reason to knowledge and does not reasonably believe, and has not been provided with oral or written notice notice, that any of its investors are not required or do not intend, for any reason, to satisfy their obligations under such commitments. The Purchaser Buyer acknowledges and agrees that its obligations under this Agreement are not contingent on obtaining financing.

Appears in 1 contract

Samples: Royalty Interest Acquisition Agreement (Supernus Pharmaceuticals Inc)

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Funds Available. The Purchaser has sufficient funds on hand or binding and enforceable commitments to provide it with sufficient funds to satisfy its obligations, in each case to pay the Upfront Purchase Price, and the Purchaser has no reason to believe, and has not been provided with oral or written notice that any of its investors are not required or do not intend, for any reason, to satisfy their obligations under such commitments. The Purchaser acknowledges and agrees that its obligations under this Agreement are not contingent on obtaining financing.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Sutro Biopharma, Inc.)

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