Financing Obligations. Subject to the satisfaction or waiver of the Contracting Parties Conditions, Project Co agrees to complete the Financing in accordance with and subject to the provisions of the Lending Agreements and in furtherance of such agreement to enter into, and, in the case of the Lender’s Direct Agreement and the Insurance Trust Agreement, cause Contractor to enter into, the following agreements and otherwise complete the following on Financial Close:
Financing Obligations. Incur, create, assume or permit to exist any Financing Obligations, or make or permit any amounts to be invested or held in financing transactions, except:
Financing Obligations. 8.1 In the event that the Company needs additional resources to fund operations or capital projects and at such time, the number of authorized but unissued Shares shall not be sufficient to allow the issuance of additional Shares in connection with a Shareholder’s equity contribution, the Company and the Shareholders may instead provide funding in the form of shareholder loans until such time as new applications or an increase in registered capital are approved.
Financing Obligations. Permit the aggregate amount of Financing Obligations (other than the Rave Lease Obligations) of the Borrower and its Subsidiaries incurred or created after the date hereof to exceed, at any one time the greater of (a) the aggregate amount of Financing Obligations permitted under the Senior Secured Notes Indenture and (b) $25,000,000.
Financing Obligations. If, prior to completion of a Feasibility Study, costs are incurred under Section 4.6.2 at the request of BHP in order to comply with BHP's safety requirements, and such costs are in excess of Golden Star's historical costs for such matters, and provided Golden Star's safety procedures are in compliance with industry standards and the standards imposed by Law, then the cost differential shall be at BHP's sole expense.
Financing Obligations. Permit the aggregate amount of Financing Obligations of the Borrower and its Subsidiaries incurred or created after the date hereof to exceed, at any one time outstanding, $10,000,000.
Financing Obligations. At or prior to the Closing, Parent and Sellers shall cause all material Financing Obligations (other than the Existing Capitalized Leases) of the Companies and their Subsidiaries to be redeemed, defeased or repaid or otherwise terminated.
Financing Obligations. Forthwith following the Purchasing Partners becoming obligated to acquire the Vendor’s Partnership Interest, each of the Purchasing Partners shall use such Purchasing Partner’s best efforts to borrow from a chartered bank or other lender the entire Purchase Price payable by such Purchasing Partner. Each of the Purchasing Partners and the Partnership covenants to use their best efforts to assist each of the Purchasing Partners to borrow such funds and covenants to execute and deliver all necessary security (including, without limiting the generality of the foregoing, with respect to the Partnership, all life insurance policies governed by this Agreement) and any documents and to do all other acts and things, as may be required by such bank or other lender. Notwithstanding the foregoing, a Purchasing Partner shall not be obligated to personally guarantee or provide security for the borrowing of another Purchasing Partner.
Financing Obligations. Between the Effective Date and the Closing Date, Buyer will use its best reasonable commercial efforts to obtain an additional $5,000,000 in cash in order to increase the aggregate amount of the Cash Payment under Section 3.1. In the event that Buyer obtains any additional amounts of cash during such period, the Cash Payment due under Section 3.1 shall be increased by such amount and the principal amount due under the Note (and monthly installments) shall be decreased accordingly, so that the total Purchase Price shall remain $50,000,000. 8.
Financing Obligations. The second paragraph in Paragraph 6 of the LOI is hereby deleted in its entirety, and Paragraph 6 of the LOI is hereby amended and restated in its entirety to read as follows:
