MIFSA definition
Examples of MIFSA in a sentence
As of the date of this Agreement, no event has occurred that, with or without notice, lapse of time or both, would reasonably be expected to constitute a default or breach or failure to satisfy a condition on the part of MIFSA (or to MIFSA’s knowledge, any other party thereto) under the Debt Commitment Letter.
Purchaser or Purchaser’s ultimate parent has caused MIFSA to fully pay (or cause to be paid) any and all commitment fees or other fees that are required to be paid pursuant to the terms of the Debt Commitment Letter, any related engagement letter and the Debt Fee Letter on or prior to the date of this Agreement.
As of the date of this Agreement, Purchaser has no reason to believe that MIFSA will be unable to satisfy any term or condition to be satisfied by it as a condition to the availability of the Debt Financing contained in the Debt Commitment Letter, nor any reason to believe that any of the conditions precedent to borrowing under any committed credit facilities available to Purchaser or any of its Affiliates will not be satisfied.
As of the date of this Agreement, the Debt Commitment Letter, in the form so delivered, is in full force and effect and is the legal, valid and binding obligation of MIFSA, and, to the knowledge of Purchaser, the other parties thereto, in each case except as such enforceability may be limited by (i) laws of general application relating to bankruptcy, insolvency and the relief of debtors and (ii) rules of law governing specific performance, injunctive relief and other equitable remedies.
As of the date of this Agreement, no event has occurred that, with or without notice, lapse of time or both, would reasonably be expected to constitute a default or breach or failure to satisfy a condition on the part of MIFSA or, to the knowledge of MIFSA, the other parties thereto, under the Debt Commitment Letter.
Parent shall cause MIFSA keep the Company reasonably informed on a reasonably current basis of the status of its efforts to obtain the Financing.
Parent has caused MIFSA to fully pay (or cause to be paid) any and all commitment fees and other amounts that are required to be paid pursuant to the terms of the Debt Commitment Letter and the Debt Fee Letter on or prior to the date of this Agreement.
Parent shall cause MIFSA to give the Company prompt notice of any breach or threatened breach by any party to the Debt Commitment Letter of which MIFSA becomes aware which would affect the availability of the Financing on the Closing Date.
Schedule 5.04 accurately and completely sets forth the capital structure of each Buyer Party by listing thereon all of the ownership interests in each of the Buyer Parties which are authorized and which are issued and outstanding.
As of the date of this Agreement, Purchaser has no reason to believe that MIFSA will be unable to satisfy any term or condition required to be satisfied by it as a condition to the availability of the Financing contained in the Debt Commitment Letter.