Common use of Parent Financing Clause in Contracts

Parent Financing. (a) Parent and Merger Sub will use their reasonable commercial efforts to obtain the financing required for the consummation of the Merger and to satisfy all conditions to funding, whether pursuant to the Commitment Letter or otherwise. To the extent that any portion of the financing contemplated by the Commitment Letter becomes unavailable or Parent determines to obtain alternative financing for the Merger, Parent and Merger Sub will use their reasonable commercial efforts to arrange for alternative financing for the Merger.

Appears in 6 contracts

Samples: Agreement and Plan of Merger (DRS Technologies Inc), Agreement and Plan of Merger (Integrated Defense Technologies Inc), Agreement and Plan of Merger (DRS Technologies Inc)

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