Financial Solvency. It is financially solvent, able to pay all debts as they mature and possesses sufficient working capital to complete the Work and perform its obligations hereunder. Guarantor, guaranteeing the obligations of Contractor pursuant to Section 21.17 of this Agreement, is financially solvent, able to pay all debts as they mature, and possesses sufficient working capital to perform the Parent Guarantees.
Appears in 2 contracts
Samples: Epc Agreement (NextDecade Corp.), Epc Agreement (NextDecade Corp.)
Financial Solvency. It is financially solvent, able to pay all debts as they mature and possesses sufficient working capital to complete the Work and perform its obligations hereunder. Guarantor, guaranteeing the obligations of Contractor pursuant to Section 21.17 21.13 of this Agreement, is financially solvent, able to pay all debts as they mature, and possesses sufficient working capital to perform the Parent Guaranteesguarantee required by Section 21.13.
Appears in 2 contracts
Samples: Engineering, Procurement and Construction Agreement (Global Clean Energy Holdings, Inc.), Engineering, Procurement and Construction Agreement (Global Clean Energy Holdings, Inc.)
Financial Solvency. It is financially solvent, able to pay all debts as they mature and possesses sufficient working capital to complete the Work and perform its obligations hereunder. The Guarantor, guaranteeing the obligations of Contractor pursuant to Section 21.17 of this Agreement, is financially solvent, able to pay all debts as they mature, and possesses sufficient working capital to perform the Parent GuaranteesGuarantee.
Appears in 1 contract
Samples: Engineering, Procurement and Construction Agreement (Cheniere Energy, Inc.)
