Source of Funds. Each Purchaser severally represents that at least one of the following statements is an accurate representation as to each source of funds (a “Source”) to be used by such Purchaser to pay the purchase price of the Notes to be purchased by such Purchaser hereunder:
Source of Funds. The Source of Funds have been specified in the Partnership Agreement as the Construction Loan, the Mortgage, the Capital Contribution of the General Partner, the Capital Contribution of the Limited Partner and the Capital Contribution of the Special Limited Partner. Unless expressly permitted in the Partnership Agreement, Consent of the Special Limited Partner is required for any change to the Source of Funds.
Source of Funds. (a) Funds will be available through the Utility Money Pool from the following sources for use by the Parties from time to time: (1) surplus funds in the treasuries of Parties other than KeySpan, (2) surplus funds in the treasury of KeySpan, and (3) proceeds from bank borrowings by Parties or the sale of commercial paper by KeySpan and each other Party ("External Funds"), in each case to the extent permitted by applicable laws and regulatory orders. Funds will be made available from such sources in such other order as KCS, as administrator of the Utility Money Pool, may determine will result in a lower cost of borrowing to companies borrowing from the Utility Money Pool, consistent with the individual borrowing needs and financial standing of the Parties providing funds to the Utility Money Pool.
Source of Funds. 2.1 The Government of India has received a loan from the International Bank for Reconstruction and Development (hereinafter interchangeably called “the Bank”) towards the cost of Madhya Pradesh Water Sector Restructuring Project and intends to apply a part of the funds to cover eligible payments under the contract for the Works. Payments by the Bank will be made only at the request of the borrower and upon approval of the Bank in accordance with the Loan Agreement, and will be subject in all respects to the terms and conditions of the Agreement. Except as the Bank may specifically otherwise agree, no party other than the borrower shall derive any rights from the Loan Agreement or have any rights to the Loan proceeds.
Source of Funds. Notwithstanding the use by the Lenders of the Base Rate and the Eurodollar Rate as reference rates for the determination of interest on the Loans, the Lenders shall be under no obligation to obtain funds from any particular source in order to charge interest to the Borrowers at interest rates tied to such reference rates.
Source of Funds. The Purchasers expect that approximately $18,700,000 would be required to purchase 170 Units, if tendered, and an additional $20,000 may be required to pay related fees and expenses. The Purchasers anticipate funding all of the purchase price and related expenses through their existing capital and assets. The cash and liquid securities necessary to complete the entire purchase are readily available and are committed to that purpose. Accordingly, there are no financing arrangements to fall through and no alternative financing plans.