Necessary Funds. UPM has or has access to the funds necessary to redeem the Amalco Special Shares and the Repap Preferred Shares after they have become Amalco Preferred Shares as contemplated in this Agreement.
Necessary Funds. 11 ARTICLE VI
Necessary Funds. Parent will have on hand and shall provide to Purchaser, such funds as are necessary to enable Purchaser to both perform its obligations in respect of the Offer and the Merger and to purchase the Stockholders' Shares upon the exercise of the Options hereunder.
Necessary Funds. 7 2.3. Representations and Warranties of Principal Stockholder............................ 7 2.3.1. Organization............................................................... 7
Necessary Funds. RCGI has received the necessary financing commitments required to finance its obligations in connection with the Closing and, based upon information provided by RCGI to the Principal Stockholder, to provide for currently anticipated working capital needs of the Company as of Closing.
Necessary Funds. The Purchaser has and will have available on the Closing Date all funds necessary to (a) pay the Purchase Price and all other amounts payable hereunder and under any other Transaction Document; (b) pay any fees and NYDOCS02/1012922.1 EXECUTION COPY expenses payable by the Purchaser in connection with the transactions contemplated hereby and by any other Transaction Document; and (c) satisfy any of its other payment obligations hereunder and under any other Transaction Document.
Necessary Funds. 23 3.8. Material Misstatements or Omissions. . . . . . . . . . . . . . 23 3.9. Buyer's Investigation. . . . . . . . . . . . . . . . . . . . . 23
Necessary Funds. Buyer has, or will have at the Closing, the funds necessary to consummate the Contemplated Transactions.
Necessary Funds. As of the Execution Date, the Guarantor has sufficient borrowing capacity, and on the Closing Date, each of the Purchaser and the Guarantor will have sufficient available cash on hand to consummate the transactions contemplated hereby, including sufficient available cash on hand to (i) pay the Purchase Price less the Escrow Amount pursuant to Section 2.5(a), (ii) deliver the Escrow Amount to the Escrow Account pursuant to Section 2.5(b), and (iii) to operate the business of the Sellers (including the Hospital Business) after the Effective Time substantially in the manner it was operated by the Sellers immediately prior to the Effective Time and in accordance with the Management Agreement, the Facility Lease and all applicable Laws.
Necessary Funds. Buyer and Sub have available to them, and will have available to them at the Effective Time, sufficient immediately available funds to pay the Cash Consideration on the Closing Date.
