Solvency and Performance Sample Clauses
Solvency and Performance. The Manager shall not be responsible for the solvency of or the due and proper performance of the obligations of any third party bank, clearing organization, broker, dealer, intermediary, nominee or agent appointed or employed by the Manager. The Manager shall make available to the Client such rights (if any) as the Manager may have against such person or entity in the event of the insolvency of any of the above or the failure of such person or entity properly to perform such obligations and shall give such assistance as the Client may reasonably require for the Client to exercise such rights.
Solvency and Performance. Nektar is financially solvent, able to pay its debts as they mature, and possesses sufficient working capital to complete its obligations hereunder and is aware of no circumstance that would be reasonably likely to prevent it from or interfere with it performing under this Supply Agreement.