Common use of Solvency of Guarantor and Borrower Clause in Contracts

Solvency of Guarantor and Borrower. Each party named as a Guarantor is solvent and each Guarantor has made an appropriate financial investigation of the Borrower and has determined that the Borrower is solvent at the time of execution of this Guaranty.

Appears in 5 contracts

Samples: Payment and Performance (Mechanical Technology Inc), Bogen Communications International Inc, Wellcare Management Group Inc

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Solvency of Guarantor and Borrower. Each party named as a Guarantor is solvent and each Each Guarantor has made an appropriate financial investigation of the Borrower and has determined that the Borrower is solvent at the time of execution of this Guaranty.

Appears in 1 contract

Samples: Payment and Performance (Essex Hospitality Associates Iv Lp)

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