Capitalization Arrangement. The Lenders shall be satisfied with the capital structure of the Borrower, that the Borrower is solvent, and that the Borrower has sufficient working capital to pay its debts as they become due.
Appears in 6 contracts
Samples: Credit Agreement (Mercer International Inc.), Credit Agreement (Mercer International Inc.), Credit Agreement (BlueLinx Holdings Inc.)
Capitalization Arrangement. The Lenders shall be satisfied with the capital and corporate structure of the Borrower, that the Borrower is solvent, and that the Borrower has sufficient working capital to pay its debts as they become due.
Appears in 2 contracts
Samples: Intercreditor Agreement (Eldorado Gold Corp /Fi), Intercreditor Agreement (Eldorado Gold Corp /Fi)
Capitalization Arrangement. The Lenders Lender shall be satisfied with the capital structure of the Borrower, that the Borrower is solvent, and that the Borrower has sufficient working capital to pay its debts as they become due.
Appears in 1 contract
Samples: Credit Agreement (Universal Security Instruments Inc)
Capitalization Arrangement. The Lenders shall be satisfied with the capital and corporate structure of the Borrower, ; provided that the Borrower is solvent, Lenders are satisfied with the capital and that corporate structure of the Borrower has sufficient working capital to pay its debts as they become dueset out in Schedule 4.1(15).
Appears in 1 contract
Capitalization Arrangement. The Lenders shall be satisfied with the capital and corporate structure of the Borrower, ; provided that the Borrower is solvent, Lenders are satisfied with the capital and that corporate structure of the Borrower has sufficient working capital to pay its debts as they become dueset out in Schedule 4.1(14).
Appears in 1 contract
Capitalization Arrangement. The Lenders shall be satisfied with the corporate and capital structure of the BorrowerCredit Parties, the financial condition of the Credit Parties, that the Borrower and each Credit Party is solvent, and that the Borrower each Credit Party has sufficient working capital to pay its debts as they become due.
Appears in 1 contract
Capitalization Arrangement. The Lenders shall be satisfied with the capital structure of the Borrower, that the Borrower is solventSolvent, and that the Borrower has sufficient working capital to pay its debts as they become due.
Appears in 1 contract
Samples: Credit Agreement (Dana Corp)
