Example ContractsClausesSolvency, Payment of Debts
Solvency, Payment of Debts
Solvency, Payment of Debts contract clause examples

Solvency, Payment of Debts. Borrower is able to pay its debts (including trade debts) as they mature; the fair saleable value of Borrower’s assets (including goodwill minus disposition costs) exceeds the fair value of its liabilities; and Borrower is not left with unreasonably small capital after the transactions contemplated by this Agreement.

Solvency, Payment of Debts. The Loan Parties on a consolidated basis are solvent and able to pay their debts (including trade debts) as they mature.

Solvency, Payment of Debts. Borrower is solvent and able to pay its debts (including trade debts) as they mature.

Solvency. The Administrative Agent shall have received a solvency certificate signed by a Financial Officer dated the Effective Date in form and substance reasonably satisfactory to the Administrative Agent.

Solvency, Payment of Debts. Borrower is solvent and able to pay its debts (including trade debts) as they mature.

Solvency, Payment of Debts. The Borrower is solvent and able to pay its debts (including trade debts) as they mature.

Other Debts. Except for a debt incurred for the purpose of fully repaying the Loan, hereafter create or assume any liability for money borrowed or the equivalent.

Solvency, Payment of Debts. Borrower is able to pay its debts (including trade debts) as they mature; the fair saleable value of Borrower’s assets (including goodwill minus disposition costs) exceeds the fair value of its liabilities; and Borrower is nor left with unreasonably small capital after the transactions contemplated by this Agreement.

Solvency, Payment of Debts. The Borrower is solvent and able to pay its debts (including trade debts) as they mature.

Solvency, Payment of Debts. Precision is able to pay its debts (including trade debts) as they mature; the fair saleable value of Precision’s assets (including goodwill minus disposition costs) exceeds the fair value of its liabilities; and Precision is not left with unreasonably small capital after the transactions contemplated by this Agreement.

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