Examples of Financing Commitments in a sentence
The obligations to make the Financing available to Buyer pursuant to the terms of the Financing Commitments are not subject to any conditions precedent or other contingencies related to the funding of the full amount of the Financing, other than as expressly set forth herein and in the Financing Commitments.
Each of the Financing Commitments, in the form so delivered, (x) is in full force and effect, (y) is a legal, valid and binding obligation of Buyer and, to the knowledge of Buyer, the other parties thereto and (z) is enforceable in accordance with its terms against Buyer and, to the knowledge of Buyer, the other parties thereto, subject to the Enforceability Limitations.
On the Closing Date, the aggregate proceeds of the Financing contemplated by the Financing Commitments, together with cash on hand of the Buyer, will be sufficient for Buyer (x) to complete the transactions contemplated by this Agreement, (y) pay all amounts required to be paid by or on behalf of Buyer pursuant to Article 2 and (z) pay any other amounts, fees and expenses required to be paid by Buyer in connection with the consummation of the transactions contemplated by this Agreement.
Buyer has fully paid or caused to be paid any and all commitment fees or other fees required by the Financing Commitments to be paid thereunder on or prior to the date of this Agreement.