Example ContractsClausesFinancing
Financing
Financing contract clause examples

Financing. Each of the MPT Parties affirms that it is not a condition to the Closing or to any of its other obligations under this Agreement or the other Transaction Documents that the MPT Parties or their Affiliates obtain financing for or related to any of the Transactions or the transactions contemplated under this Agreement.

Financing. The Committee may, in its absolute discretion and without any obligation to do so, # authorize the extension of a full-recourse interest-bearing loan to such Optionee from the Company, # permit Optionee to pay the option price for the purchased Common Stock in installments over a period of years or # authorizing a guarantee by the Company of a third-party loan to Optionee. The terms of any loan, installment method of payment or guarantee (including the interest rate and terms of repayment) shall be established by the Committee in its sole discretion, after taking into account the tax and accounting consequences. The maximum credit available to Optionee shall not exceed the sum of # the aggregate option price of the purchased shares (less the par value) plus # any Federal and state income and employment tax liability incurred by Optionee in connection with the exercise of the option.

Financing. Purchaser has, or will have, sufficient cash available to pay the Purchase Price at Closing.

Financing. Prior to Closing, Purchaser shall have sufficient cash, or other sources of immediately available funds to pay in cash, an amount equal to the Purchase Price in accordance with the terms of Article 2 and any other amounts contemplated by this Agreement to be paid at Closing. Purchaser’s ability to consummate the transactions contemplated hereby is not contingent on its ability to secure financing or to complete any public or private placement of securities prior to or upon Closing.

Financing. Buyer has sufficient funds to consummate the transactions contemplated by this Agreement.

Financing. Bain or its Affiliates has the contractual right to call, from amounts contractually committed by its investors, sufficient cash to satisfy its funding obligations as such obligations become due in accordance with this Agreement. Bain acknowledges that its obligations under this Agreement are not contingent on obtaining financing.

Financing. Buyer shall have received within the Inspection Period the Financing as provided in Section 4 of this Agreement under terms acceptable to Buyer to facilitate the development of the Property as intended by the Buyer.

Financing. Purchaser has, or will have, sufficient cash available to pay the Purchase Price at Closing.

Financing. The Buyer has sufficient cash on hand to pay the entire Initial Purchase Price and any Additional Purchase Price Payments. Neither the execution and delivery by the Buyer of this Agreement, nor the consummation by the Buyer of any of the transactions contemplated hereby will render the Buyer insolvent or unable to pay its debts as they become due.

Financing. Cash and benefit payments under this Agreement shall constitute general obligations of the Company. Executive shall have only an unsecured right to payment thereof out of the general assets of the Company. Notwithstanding the foregoing, the Company may, by agreement with one or more trustees to be selected by the Company, create a trust on such terms, as the Company shall determine, to make payments to Executive in accordance with the terms of this Agreement.

Next results

Draft better contracts
faster with AllDrafts

AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.

And AllDrafts generates clean Word and PDF files from any draft.