Examples of Equity Commitment Letters in a sentence
For the avoidance of doubt, if Xxxxxxx brings proceedings against the Bidder seeking specific performance of this Agreement it may, at the same time, require the Bidder to seek specific performance of the Equity Commitment Letters, subject to the terms thereof.
In no event shall this letter agreement or the Equity Commitment to be funded hereunder be enforced by any person unless (i) such person is also seeking enforcement of the Other Sponsor Equity Commitment Letters and/or (ii) the Other Sponsors have satisfied or are prepared to satisfy their respective obligations under the Other Sponsor Equity Commitment Letters.
This Agreement: (a) together with the Equity Commitment Letters and the Confidentiality Agreement and any other subsequent written agreement that addresses confidentiality between the Parties, constitutes the entire agreement and supersedes all other prior agreements and understandings, both written and oral, between the Parties with respect to the subject matter hereof; and (b) shall be binding upon and enure to the benefit of the Parties and their respective successors and permitted assigns.
In connection with the equity financing of LMP Bidco, the Xxxxxx Xxxxxxx Funds and Pantheon have each entered into Equity Commitment Letters.
No event has occurred which, with or without notice, lapse of time or both, would constitute a default or breach on the part of Buyer under any term or condition of the Equity Commitment Letters or the Debt Commitment Letter, and Buyer has no reason to believe that it will be unable to satisfy on a timely basis any term or condition of closing to be satisfied by it pursuant to the Equity Commitments Letters or the Debt Commitment Letter.