Common use of Liabilities and Identified Contingent Liabilities as Clause in Contracts

Liabilities and Identified Contingent Liabilities as. they mature” shall mean the Borrower and its Subsidiaries taken as a whole after giving effect to the Subject Transactions have sufficient assets and cash flow to pay their respective Stated Liabilities and Identified Contingent Liabilities as those liabilities mature or (in the case of contingent liabilities) otherwise become payable.

Appears in 2 contracts

Samples: Credit Agreement (Quorum Health Corp), Abl Intercreditor Agreement (Quorum Health Corp)

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Liabilities and Identified Contingent Liabilities as. they mature” shall mean the Borrower Holdings and its Subsidiaries taken as a whole after giving effect to the Subject Transactions have sufficient assets and cash flow to pay their respective Stated Liabilities and Identified Contingent Liabilities as those liabilities mature or (in the case of contingent liabilities) otherwise become payable.

Appears in 2 contracts

Samples: Credit Agreement (Quorum Health Corp), Credit and Guaranty Agreement (Quorum Health Corp)

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