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 14 contracts

Samples: Loan Agreement (Digital Recorders Inc), Convertible Loan Agreement (Laserscope), Convertible Loan Agreement (Caminosoft Corp)

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

Sufficiency of Capital. (a) 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 2 contracts

Samples: Convertible Loan Agreement (Jakks Pacific Inc), Convertible Loan Agreement (Integrated Security Systems Inc)

Sufficiency of Capital. 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 (Biodynamics International Inc)

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Sufficiency of Capital. (a) Borrower is, and is 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 (Topro Inc)

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