Common use of Solvency of Account Debtors Clause in Contracts

Solvency of Account Debtors. To the best of the Customer’s information and knowledge, each Account Debtor’s business is solvent at the time of this Agreement and at the time each Account of such Account Debtor and the Related Rights with respect thereto are presented to WFBC for purchase.

Appears in 6 contracts

Samples: Account Purchase Agreement (Corporate Resource Services, Inc.), Account Purchase Agreement (Corporate Resource Services, Inc.), Account Purchase Agreement (Corporate Resource Services, Inc.)

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Solvency of Account Debtors. To the best of the Customer’s information and knowledge, each Account Debtor’s business is solvent at the time of this Agreement and at the time each Account of such Account Debtor and the Related Rights with respect thereto are presented to WFBC for purchase.

Appears in 1 contract

Samples: Account Purchase Agreement (Broadwind Energy, Inc.)

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Solvency of Account Debtors. To the best of the Customer’s information and knowledge, each Account Debtor’s business is solvent at the time of this Agreement and at the time each Account of owed by such Account Debtor and the Related Rights with respect thereto are presented to WFBC WFB for purchasepurchase and are sold, transferred and assigned by the Customer to WFB.

Appears in 1 contract

Samples: Account Purchase Agreement (Cypress Energy Partners, L.P.)

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