Common use of Adequate Financial Means Clause in Contracts

Adequate Financial Means. (a) TECO is not, and will not as a result of ------------------------ the execution and delivery of this Undertaking, be rendered insolvent, (b) TECO does not intend to incur, or believe it is incurring, obligations beyond its ability to pay, (c) TECO is not executing this Undertaking with any intention to hinder, delay or defraud any present or future creditor or creditors of TECO and (d) TECO's property remaining after the delivery and performance of this Undertaking will not constitute unreasonably small capital.

Adequate Financial Means. (a) TECO is not, and will not as a result of ------------------------ the execution and delivery of this Undertaking, be rendered insolvent, (b) TECO does not intend to incur, or believe it is incurring, obligations beyond its ability to pay, (c) TECO is not executing this Undertaking with any intention to hinder, delay or defraud any present or future creditor or creditors of TECO and (d) TECO's property remaining after the delivery and performance of this Undertaking will not constitute unreasonably small capital.