Common use of Guarantor Solvent Clause in Contracts

Guarantor Solvent. Guarantor is now Solvent, and no bankruptcy or insolvency proceedings are pending or contemplated by or – to the best of Guarantor's knowledge – against Guarantor. Guarantor's liabilities and obligations under this Guaranty do not and will not render Guarantor not Solvent, cause Guarantor's liabilities to exceed Guarantor's assets or leave Guarantor with too little capital to properly conduct all of its business as now conducted or contemplated to be conducted.

Appears in 2 contracts

Samples: Guaranty Agreement (Lufkin Industries Inc), Guaranty Agreement (Lufkin Industries Inc)

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Guarantor Solvent. Guarantor is now Solvent, and no bankruptcy or insolvency proceedings are pending or contemplated by or – to the best of Guarantor's ’s knowledge – against Guarantor. Guarantor's ’s liabilities and obligations under this Guaranty do not and will not render Guarantor not Solvent, cause Guarantor's ’s liabilities to exceed Guarantor's ’s assets or leave Guarantor with too little capital to properly conduct all of its business as now conducted or contemplated to be conducted.

Appears in 2 contracts

Samples: Guaranty Agreement (Lufkin Industries Inc), Guaranty Agreement (Lufkin Industries Inc)

Guarantor Solvent. Guarantor is now Solvent, and no bankruptcy or insolvency proceedings are pending or contemplated by or to the best of Guarantor's ’s knowledge against Guarantor. Guarantor's ’s liabilities and obligations under this Guaranty do not and will not render Guarantor not Solvent, cause Guarantor's ’s liabilities to exceed Guarantor's ’s assets or leave Guarantor with too little capital to properly conduct all of its business as now conducted or contemplated to be conducted.

Appears in 1 contract

Samples: Credit Agreement (Stewart & Stevenson Services Inc)

Guarantor Solvent. Guarantor is now Solventsolvent, and no bankruptcy or insolvency proceedings are pending or contemplated by or – or--to the best of Guarantor's knowledge – ’s knowledge--against Guarantor. Guarantor's ’s liabilities and obligations under this Guaranty do not and will not render Guarantor not Solventinsolvent, cause Guarantor's ’s liabilities to exceed Guarantor's ’s assets or leave Guarantor with too little capital to properly conduct all of its business as now conducted or contemplated to be conducted.

Appears in 1 contract

Samples: Guaranty (American Realty Capital Trust III, Inc.)

Guarantor Solvent. Guarantor is now Solvent, and no bankruptcy or insolvency proceedings are pending or contemplated by or – or—to the best of Guarantor's knowledge – ’s knowledge—against Guarantor. Guarantor's ’s liabilities and obligations under this Guaranty do not and will not render Guarantor not Solvent, cause Guarantor's ’s liabilities to exceed Guarantor's ’s assets or leave Guarantor with too little capital to properly conduct all of its business as now conducted or contemplated to be conducted.

Appears in 1 contract

Samples: Credit Agreement (Stewart & Stevenson Services Inc)

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Guarantor Solvent. Guarantor is now Solventsolvent, and no bankruptcy or insolvency proceedings are pending or contemplated by or – or—to the best of Guarantor's knowledge – ’s knowledge—against Guarantor. Guarantor's ’s liabilities and obligations under this Guaranty do not and will not render Guarantor not Solventinsolvent, cause Guarantor's ’s liabilities to exceed Guarantor's ’s assets or leave Guarantor with too little capital to properly conduct all of its business as now conducted or contemplated to be conducted.

Appears in 1 contract

Samples: Guaranty (Cellteck Inc.)

Guarantor Solvent. Guarantor is now Solventsolvent, and no bankruptcy or insolvency proceedings are pending or contemplated by or – or—to the best of Guarantor's knowledge – ’s knowledge—against Guarantor. Guarantor's ’s liabilities and obligations under this Guaranty do not and will not currently render Guarantor not Solvent, insolvent or cause Guarantor's ’s liabilities to exceed Guarantor's assets or leave Guarantor with too little capital to properly conduct all of its business as now conducted or contemplated to be conducted’s assets.

Appears in 1 contract

Samples: Settlement Agreement (Penson Worldwide Inc)

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