Common use of Adequate Assets Clause in Contracts

Adequate Assets. Each Borrower possesses adequate assets for the conduct of its business.

Appears in 6 contracts

Samples: Loan and Security Agreement (Trend Lines Inc), Loan and Security Agreement (Trend Lines Inc), Loan and Security Agreement (Outlook Group Corp)

AutoNDA by SimpleDocs

Adequate Assets. Each The Borrower possesses adequate assets for the conduct of its business.

Appears in 6 contracts

Samples: Loan and Security Agreement (Globespan Semiconductor Inc), Loan and Security Agreement (Guilford Pharmaceuticals Inc), Loan and Security Agreement (Great Train Store Co)

Adequate Assets. Each The Borrower possesses and its subsidiaries possess adequate assets for the conduct of its businesstheir respective businesses.

Appears in 2 contracts

Samples: Note Agreement (Aquila Gas Pipeline Corp), Loan Agreement (Aquila Gas Pipeline Corp)

Adequate Assets. Each Borrower possesses adequate assets for --------------- the conduct of its business.

Appears in 1 contract

Samples: Loan and Security Agreement (Trend Lines Inc)

AutoNDA by SimpleDocs

Adequate Assets. Each Borrower possesses adequate assets for the conduct of its business.

Appears in 1 contract

Samples: Loan and Security Agreement (Woodworkers Warehouse Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!