Common use of Solvency of Customers Clause in Contracts

Solvency of Customers. Each Customer, to the best of each Loan Party’s knowledge, as of the date each Receivable is created, is solvent and able to pay all Receivables on which the Customer is obligated in full when due or, with respect to such Customers of any Loan Party who are known to such Loan Party not to be solvent on the date each Receivable is created, such Loan Party has set up on its books and in its financial records bad debt reserves adequate to cover such Receivables.

Solvency of Customers. Each Customer, to the best of each Loan Party’s Parties knowledge, as of the date each Receivable is created, is and will be solvent and able to pay all Receivables on which the Customer is obligated in full when due or, or with respect to such Customers of any Loan Party who are known to such Loan Party not to be solvent on the date each Receivable is created, such Loan Party has set up on its books and in its financial records bad debt reserves adequate to cover such Receivablesthe uncollectible portion.

Solvency of Customers. Each Customer, to the best of each Loan Party’s Parties' knowledge, as of the date each Receivable is created, is and will be solvent and able to pay all Receivables on which the Customer is obligated in full when due or, or with respect to such Customers of any Loan Party Parties who are known to such not solvent, Loan Party not to be solvent on the date each Receivable is createdParties, such Loan Party has as applicable, have set up on its their books and in its their financial records bad debt reserves adequate to cover such Receivables.

Solvency of Customers. Each Customer, to the best of each Loan Party’s 's knowledge, as of the date each Receivable is created, is solvent and able to pay all Receivables on which the Customer is obligated in full when due or, or with respect to such Customers of any Loan Party who are known to such Loan Party not to be solvent on the date each Receivable is created, such Loan Party has set up on its books and in its financial records bad debt reserves reasonably adequate to cover such ReceivablesReceivables on a basis consistent with GAAP.

Solvency of Customers. Each Customer, to the best of each Loan Party’s 's actual knowledge, as of the date each Receivable is created, is and will be solvent and able to pay all Receivables on which the Customer is obligated in full when due or, or with respect to such Customers of any Loan Party who are known to such Loan Party not to be solvent on the date each Receivable is created, such Loan Party has set up on its books and in its financial records bad debt reserves adequate to cover such Receivablesthe uncollectible portion.

Solvency of Customers. Each Customercustomer, to the best of each Loan Party’s 's actual knowledge, as of the date each Receivable Account is created, is and will be solvent and able to pay all Receivables Accounts on which the Customer customer is obligated in full when due or, or with respect to such Customers customers of any such Loan Party who are known to such Loan Party not to be solvent on the date each Receivable is created, such Loan Party has set up on its books and in its financial records bad debt reserves adequate to cover such ReceivablesAccounts.

Solvency of Customers. Each Customer, to the best of each Loan Party’s knowledge, as of the date each Receivable Account is created, is and will be solvent and able to pay all Receivables Accounts on which the Customer is obligated in full when due or, or with respect to such Customers of any each Loan Party who are known to such Loan Party not to be solvent on the date solvent, each Receivable is created, such Loan Party has set up on its books and in its financial records bad debt reserves adequate to cover such ReceivablesAccounts.

Solvency of Customers. Each Customer, to the best of each Loan Party’s actual knowledge, as of the date each Receivable is created, is and will be solvent and able to pay all Receivables on which the Customer is obligated in full when due or, or with respect to such Customers of any Loan Party who are known to such Loan Party not to be solvent on the date each Receivable is created, such Loan Party has set up on its books and in its financial records bad debt reserves adequate to cover such Receivablesthe uncollectible portion.

Solvency of Customers. Each Customer, to the best of each Loan Party’s 's knowledge, as of the date each Receivable Account is created, is and will be solvent and able to pay all Receivables Accounts on which the Customer is obligated in full when due or, or with respect to such Customers of any Loan Party who are known to such Loan Party not to be solvent on the date each Receivable is created, such Loan Party has set up on its books and in its financial records bad debt reserves adequate to cover such ReceivablesAccounts.

Solvency of Customers. Each Customer, to the best of each applicable Loan Party’s knowledge, as of the date each Receivable is created, is and will be solvent and able to pay all Receivables on which the Customer is obligated in full when due or, or with respect to such Customers of any Loan Party who are known to such Loan Party not to be solvent on the date each Receivable is created, such Loan Party has set up on its books and in its financial records bad debt reserves adequate to cover such Receivablesthe uncollectible portion.

Solvency of Customers. Each Customer, to the best of each Loan Party’s knowledge, as of the date each Receivable Account is created, is solvent and will be Solvent and able to pay all Receivables Accounts on which the Customer is obligated in full when due or, or with respect to such Customers of any Loan Party who are known to such Loan Party not to be solvent on the date each Receivable is created, Solvent such Loan Party has set up on its books and in its financial records bad debt reserves adequate to cover such ReceivablesAccounts.

Solvency of Customers. Each Customer, to the best of each Loan Party’s knowledge, as of the date each Receivable is created, is solvent and will be able to pay all Receivables on which the Customer is obligated in full when due or, or with respect to such Customers of any Loan Party who are known to such Loan Party not to be solvent on the date each Receivable is created, such Loan Party has set up on its books and in its financial records bad debt reserves adequate to cover such Receivables.

Solvency of Customers. Each Customer, to the best of each Loan Party’s Parties’ knowledge, as of the date each Receivable is created, is and will be solvent and able to pay all Receivables on which the Customer is obligated in full when due or, or with respect to such Customers of any Loan Party who are known to such Loan Party not to be solvent on the date each Receivable is created, such Loan Party has set up on its books and in its financial records bad debt reserves adequate to cover such Receivablesthe uncollectible portion.