Common use of Bankruptcy; Solvency Clause in Contracts

Bankruptcy; Solvency. There are no bankruptcy, reorganization or receivership proceedings pending, or, to the Representing Party’s actual knowledge, threatened against the Representing Party or an Affiliate of the Representing Party. The Representing Party is not insolvent and will not be rendered insolvent by any of the transactions contemplated by this Agreement.

Appears in 4 contracts

Samples: Produced Water Facilities and Access Agreement (LandBridge Co LLC), Fresh Water Facilities and Access Agreement (LandBridge Co LLC), Produced Water Facilities and Access Agreement (LandBridge Co LLC)

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Bankruptcy; Solvency. There are no bankruptcy, reorganization or receivership proceedings pending, or, to the Representing Party’s actual knowledge, threatened against the Representing Party or an Affiliate of the Representing Party. The Representing Party is not now insolvent and will not be rendered insolvent by any of the transactions contemplated by this Agreement.

Appears in 2 contracts

Samples: Water Facility and Access Agreement (LandBridge Co LLC), Water Facility and Access Agreement (LandBridge Co LLC)

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