Common use of Sufficiency of Funds Clause in Contracts

Sufficiency of Funds. The Buyer has, and at the Closing will have, sufficient cash on hand or other sources of financing in order to consummate the transactions contemplated by the Agreement and to fulfill its obligations hereunder, including without limitation payment to the Parent of the Closing Payment at the Closing.

Appears in 2 contracts

Samples: Asset Purchase and Sale Agreement (Par Technology Corp), Asset Purchase and Sale Agreement (ORBCOMM Inc.)

AutoNDA by SimpleDocs

Sufficiency of Funds. The Buyer has, and will have at the Closing will haveClosing, sufficient cash on hand or other sources of financing in order funds to consummate the transactions contemplated by the Agreement and to fulfill its obligations hereunder, including without limitation payment to the Parent of the Closing Payment at the Closinghereby.

Appears in 2 contracts

Samples: Preferred Share Purchase Agreement (Fidelity National Financial, Inc.), Series a Preferred Share Purchase Agreement (Blackstone Holdings III L.P.)

Sufficiency of Funds. The At Closing, the Buyer has, and at the Closing will have, have sufficient cash on hand or other sources of financing in order immediately available funds to enable it to make payment of the Cash Payment and consummate the transactions contemplated by the Agreement and to fulfill its obligations hereunder, including without limitation payment to the Parent of the Closing Payment at the Closingthis Agreement.

Appears in 2 contracts

Samples: Asset Purchase Agreement (VOXX International Corp), Asset Purchase Agreement (VOXX International Corp)

Sufficiency of Funds. The At Closing, the Buyer has, will have sufficient funds available to permit the Buyer to pay the Purchase Price and at the Closing will have, sufficient cash on hand or consummate all other sources of financing in order to consummate the transactions contemplated by the this Agreement and to fulfill its obligations hereunder, including without limitation payment to will have sufficient funds available for the Parent of the Closing Payment at the ClosingOffers.

Appears in 2 contracts

Samples: Stock Purchase Agreement (America Movil Sa De Cv/), Stock Purchase Agreement (Verizon Communications Inc)

Sufficiency of Funds. The Buyer has, and at the Closing will have, sufficient cash on hand or other sources of financing in order immediately available funds to enable it to make payment of the Purchase Price and consummate the transactions contemplated by the Agreement and to fulfill its obligations hereunder, including without limitation payment to the Parent of the Closing Payment at the Closingthis Agreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (Nuverra Environmental Solutions, Inc.)

Sufficiency of Funds. The Buyer has, and at the Closing will have, sufficient cash on hand or other sources of financing in order to consummate the transactions contemplated by the this Agreement and to fulfill its obligations hereunder, including without limitation payment to the Parent Seller of the Closing Payment Cash Consideration at the Closing.

Appears in 1 contract

Samples: Asset Purchase Agreement (Smith Micro Software, Inc)

Sufficiency of Funds. The Buyer has, and will have at the Closing will have, sufficient cash on hand or other sources of financing in order immediately available funds to enable it to make payment of the cash portion of the Closing Payment and consummate the transactions contemplated by the Agreement and to fulfill its obligations hereunder, including without limitation payment to the Parent of the Closing Payment at the Closingthis Agreement.

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (Leidos, Inc.)

Sufficiency of Funds. The At the Closing, the Buyer haswill have sufficient funds to pay the Purchase Price, and at the Closing will have, sufficient cash on hand or other sources of financing in order to consummate the transactions contemplated by the Transactions and perform its obligations under this Agreement and to fulfill its obligations hereunder, including without limitation payment to the Parent of the Closing Payment at the Closingother Transaction Documents.

Appears in 1 contract

Samples: Asset Purchase Agreement (Diamond Resorts International, Inc.)

Sufficiency of Funds. The At the Closing, Buyer has, and at the Closing will have, sufficient have cash on hand or other sources of financing in order immediately available funds to enable it to make payment of the Aggregate Closing Consideration and any other payments required by this Agreement and to consummate the transactions contemplated by the this Agreement and to fulfill its obligations hereunder, including without limitation payment to the Parent of the Closing Payment at the Closingother Transaction Documents.

Appears in 1 contract

Samples: Option and Equity Purchase Agreement (Bioventus Inc.)

Sufficiency of Funds. The At the Closing, Buyer has, and at the Closing will have, shall have sufficient cash on hand or other sources of financing in order immediately available funds to enable it to make payment of the Purchase Price and all Transaction Expenses unpaid as of the Closing and consummate the transactions contemplated by the Agreement and to fulfill its obligations hereunder, including without limitation payment to the Parent of the Closing Payment at the Closingthis Agreement.

Appears in 1 contract

Samples: Agreement and Plan of Merger (TearLab Corp)

Sufficiency of Funds. The Buyer Purchaser has, and at the Closing will have, sufficient cash on hand or other sources of financing in order to consummate the transactions contemplated by the this Agreement and to fulfill its obligations hereunder, including without limitation payment to the Parent Company of the Closing Payment Cash Amount at the Closing.

Appears in 1 contract

Samples: Asset Purchase Agreement (ORBCOMM Inc.)

Sufficiency of Funds. The Buyer has, and will have at the Closing will haveClosing, sufficient cash on hand or other sources of financing in order sufficient to pay the Purchase Price and to timely consummate Buyer’s obligations and the transactions contemplated by the Agreement and to fulfill its obligations hereunder, including without limitation payment to the Parent of the Closing Payment at the Closinghereby.

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (BRE Select Hotels Corp)

AutoNDA by SimpleDocs

Sufficiency of Funds. The At the Closing, Buyer has, and at the Closing will have, have sufficient cash on hand or other sources of financing in order to consummate the transactions contemplated by the Agreement and to fulfill its obligations hereunder, hereunder including without limitation payment to the Parent Seller of the Closing Cash Payment at the Closing. There are no circumstances that could reasonably be expected to have the effect of preventing or delaying Buyer’s ability to make any payments when due pursuant to this Agreement.

Appears in 1 contract

Samples: Asset Purchase Agreement (EXP World Holdings, Inc.)

Sufficiency of Funds. The Buyer has, and at the Closing will have, sufficient cash on hand or other sources of financing in order funds available to consummate pay the transactions contemplated by Cash Purchase Price and the Agreement and to fulfill its obligations hereunder, including without limitation payment to the Parent of the Closing Payment Additional Cash Amount at the Closing.

Appears in 1 contract

Samples: Purchase Agreement (Level 3 Communications Inc)

Sufficiency of Funds. The As of the Closing, Buyer has, and at the Closing will have, have sufficient cash on hand or other sources of financing in order immediately available funds to enable it to pay the Purchase Price and consummate the transactions contemplated by the Agreement and to fulfill its obligations hereunder, including without limitation payment to the Parent of the Closing Payment at the Closingthis Agreement.

Appears in 1 contract

Samples: Asset Purchase Agreement (Astronics Corp)

Sufficiency of Funds. The At the Closing, Buyer has, and at the Closing will have, have sufficient cash on hand or other sources of financing in order immediately available funds to pay the Purchase Price and consummate the transactions contemplated by the Agreement and to fulfill its obligations hereunder, including without limitation payment to the Parent of the Closing Payment at the Closingthis Agreement.

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (Laureate Education, Inc.)

Sufficiency of Funds. The Buyer Purchaser has, and at the Closing will have, sufficient cash on hand or other sources of financing in order to consummate the transactions contemplated by the this Agreement and to fulfill its obligations hereunder, including without limitation payment to the Parent Seller of the Closing Payment Cash Amount at the Closing.

Appears in 1 contract

Samples: Asset Purchase Agreement (ORBCOMM Inc.)

Sufficiency of Funds. The Buyer has, and at the Closing will have, has sufficient cash on hand or other sources of financing in order funding to enable it to make payment of the Initial Payment at the Initial Closing, the Final Payment at the Final Closing, and consummate the transactions contemplated by the Agreement and to fulfill its obligations hereunder, including without limitation payment to the Parent of the Closing Payment at the Closingthis Agreement.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Viking Energy Group, Inc.)

Sufficiency of Funds. The Buyer has, and at the Closing will have, has sufficient cash on hand or other sources of financing in order immediately available funds to enable it to make payment of the Closing Consideration at the Closing and to consummate the transactions contemplated by the Agreement and pursuant to fulfill its obligations hereunder, including without limitation payment this Agreement. The Buyer’s obligation to the Parent of pay the Closing Payment at the ClosingConsideration in cash is not contingent upon procuring any financing.

Appears in 1 contract

Samples: Stock Purchase Agreement (PLBY Group, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.