Examples of Committed Financing in a sentence
As of the date hereof, there are no side letters or other agreements, contracts or arrangements related to the funding of the Committed Financing.
As of the Execution Date, Parent and Holdco have no reason to believe that any of the conditions to the Committed Financing contemplated in the Commitment Letter will not be satisfied or that the Committed Financing will not be made available to Parent and Holdco on the Closing Date.
There are no conditions precedent related to the funding of the full amount of the Committed Financing pursuant to the Commitment Letter, other than as expressly set forth in the Commitment Letter.
The Commitment Letter contains all of the conditions precedent to the obligations of the lenders thereunder to fund the Committed Financing.
Draws from the CSRF (including payment of Claims) will be limited to the extent of the Committed Financing previously approved by Council through the annual budget approval process and as discussed in sectiona) above.