Common use of Sufficiency of Capital Clause in Contracts

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 (Integrated Security Systems Inc), Convertible Loan Agreement (Jakks Pacific 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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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 (Biodynamics International Inc)

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