Common use of Sufficiency of Capital Clause in Contracts

Sufficiency of Capital. Borrower is, and after consummation of this Agreement and giving effect to all Indebtedness incurred and transactions contemplated in connection herewith will be, Solvent.

Appears in 13 contracts

Samples: Convertible Loan Agreement (Simtek Corp), Convertible Loan Agreement (Laserscope), Convertible Loan Agreement (Cover All Technologies Inc)

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Sufficiency of Capital. Borrower is, and after consummation of this Agreement and after giving effect to all Indebtedness incurred and transactions contemplated Liens created by Borrower in connection herewith will be, Solvent.

Appears in 3 contracts

Samples: Revolving Credit and Term Loan Agreement (Falconite Inc), Loan and Security Agreement (King Pharmaceuticals Inc), Revolving Credit Agreement (Nn Ball & Roller Inc)

Sufficiency of Capital. Borrower is, and after consummation of this Agreement and giving effect to all Indebtedness incurred and transactions contemplated in connection herewith will be, Solvent.. Section 4.24

Appears in 1 contract

Samples: Loan Agreement (Digital Recorders Inc)

Sufficiency of Capital. (a) Borrower is, and after consummation of this Loan Agreement and giving effect to all Indebtedness incurred and transactions contemplated in connection herewith will be, Solvent.

Appears in 1 contract

Samples: Convertible Debenture Loan Agreement (Packaging Research Corp)

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Sufficiency of Capital. (a) Borrower is, and after consummation of this Loan Agreement and giving effect to all Indebtedness incurred and transactions contemplated in connection herewith will be, Solvent. Section 4.24.

Appears in 1 contract

Samples: Convertible Debenture Loan Agreement (Contour Medical Inc)

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