No Financing Sample Clauses
The "No Financing" clause establishes that the obligations or transactions outlined in the agreement are not contingent upon the party securing external financing. In practice, this means that the party cannot use the lack of a loan, credit facility, or other funding as a reason to delay or avoid performance under the contract. This clause ensures that the risk of obtaining necessary funds rests solely with the obligated party, thereby providing certainty to the other party and preventing delays or cancellations due to financing issues.
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No Financing arrange, or in any way participate in or encourage, directly or indirectly, alone or in concert with any other Person, any financing for the purchase, exchange, acquisition or transfer of any assets of Search or any Search Affiliate or any of the Search Securities.
No Financing. This Contract is NOT contingent upon Buyer obtaining financing to purchase the Property.
No Financing. CenterState has and will have as of the Effective Time, without having to resort to external sources, sufficient capital to effect the transactions contemplated by this Agreement.
No Financing. Mid Penn has, or will have available to it prior to the Closing, all funds necessary to satisfy all of its obligations hereunder.
No Financing. The Buyer Parties have adequate funds at their -- --------- disposal to finance the Purchase Price on the Closing Date. The consummation of the purchase described in this Agreement is not subject to the Buyer Parties' ability to obtain financing.
No Financing. CBAN has and will have as of the Effective Time, without having to resort to external sources, sufficient capital to effect the transactions contemplated by this Agreement.
No Financing. BFC has and will have as of the Effective Time, without having to resort to external sources, sufficient capital to effect the transactions contemplated by this Agreement.
No Financing. BFST has, and will have as of the Effective Time, sufficient cash on hand available to pay the Aggregate Cash Consideration. BFST does not need to obtain any financing in order to fund the payment of the Aggregate Cash Consideration.
No Financing. Buyer has and will have as of the Effective Time, without having to resort to external sources, sufficient capital to effect the transactions contemplated by this Agreement.
No Financing. FBMS has and will have as of the Effective Time, without having to resort to external sources, sufficient capital to effect the transactions contemplated by this Agreement.