Common use of Capitalization; Solvency Clause in Contracts

Capitalization; Solvency. (a) Continue to be solvent after giving effect to the Obligations, the security interests of Administrative Agent, on behalf of the Holders of the Obligations, and the other transactions contemplated hereunder. (b) Continue to pay its debts as they mature and continue to have sufficient capital (and not unreasonably small capital) to carry on its business and all businesses in which it is about to engage.

Appears in 2 contracts

Samples: Credit Agreement (Famous Daves of America Inc), Credit Agreement (Famous Daves of America Inc)

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Capitalization; Solvency. (a) Continue to be solvent after giving effect to the Obligations, the security interests of Administrative Agent, on behalf of the Holders of the ObligationsLender, and the other transactions contemplated hereunder. (b) Continue to pay its debts as they mature and continue to have sufficient capital (and not unreasonably small capital) to carry on its business and all businesses in which it is about to engage.

Appears in 1 contract

Samples: Loan Agreement (Noble Romans Inc)

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Capitalization; Solvency. (a) Continue to be solvent after giving effect to the Obligations, the security interests of Administrative Agent, on behalf of the Holders of the ObligationsLenders, and the other transactions contemplated hereunder. (b) Continue to pay its debts as they mature and continue to have sufficient capital (and not unreasonably small capital) to carry on its business and all businesses in which it is about to engage.

Appears in 1 contract

Samples: Credit Agreement (Famous Daves of America Inc)

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