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On the other hand, Williams's bid is all cash, and the company said that it was not contingent on financing.
It can be especially difficult to reach this benchmark, because banks are reluctant to lend before a project is 50 percent sold — so developers have to hope for cash buyers or make deals that are not contingent on financing.
ImClone said it had agreed not to identify the $70-a-share 70-a-share 70-a-share bidderday, when the suntil is to withdraw or go forward with an offer that is not contingent on financing.
He could dispense with the usual back door used by LBO dealsters, that a bid was contingent on financing.
All this is contingent on financing, either through direct grants or government loans of up to $25 million.
"That's contingent on financing and the market," said Joseph J. Seymour, executive director of the Port Authority.
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Any sale of the team is contingent on receiving financing from the city of Glendale, which owns Jobing.com Arena, where the Coyotes play.
Others have said that Hamad pulled out because his funding was contingent on separate financing with the Chinese insurance fund Anbang, which fell through.
The companies said a deal was contingent on $600 million of financing from the European Investment Bank that is to be guaranteed by the Swedish government.
The disbursal of that aid was contingent on putting government finances in order, and the severity of the budget cuts needed to meet that goal has increased as the economy has worsened.
The House began grinding toward the addition of measures that would make further financing of the government contingent on a one-year delay of President Obama's health care law and a repeal of one of the taxes that finances it — with a late night ahead.
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