Common use of Meeting Liabilities Clause in Contracts

Meeting Liabilities. Immediately after giving effect to the transactions consummated at the Closing (as defined in the Prior Agreement), neither the Company nor any Subsidiary: (i) was engaged in any business or transaction, or about to engage in any business or transaction, for which its assets would constitute unreasonably small capital (within the meaning of the Uniform Fraudulent Transfer Act, the Uniform Fraudulent Conveyance Act and section 548 of the Bankruptcy Code as enacted by the United States of America or any state thereof, as the case may be); or (ii) was unable to pay its debts as such debts mature in the ordinary course.

Meeting Liabilities. Immediately after giving effect to the transactions consummated at contemplated by the Closing (as defined in the Prior Agreement)Transaction Documents, neither the Company nor any Subsidiary: (i) was will be engaged in any business or transaction, or about to engage in any business or transaction, for which its assets would constitute unreasonably small capital (within the meaning of the Uniform Fraudulent Transfer Act, the Uniform Fraudulent Conveyance Act and section 548 of the Bankruptcy Code as enacted by the United States of America or any state thereof, as the case may be); or (ii) was will be unable to pay its debts as such debts mature in the ordinary course.

Meeting Liabilities. Immediately after giving effect to the transactions consummated at the Closing (as defined in the Prior Agreement)Closing, neither the Company nor any Subsidiary: (i) was will be engaged in any business or transaction, or about to engage in any business or transaction, for which its assets would constitute unreasonably small capital (within the meaning of the Uniform Fraudulent Transfer Act, the Uniform Fraudulent Conveyance Act and section 548 of the Bankruptcy Code as enacted by the United States of America or any state thereof, as the case may be); or (ii) was will be unable to pay its debts as such debts mature in the ordinary course.