Sufficient Capital. Each Borrower now has capital sufficient to carry on its business, all business and transactions in which it is about to engage, and is now solvent and able to pay its debts as they mature. Each Borrower now owns property having a value, both at fair valuation and at present fair saleable value, greater than the amount required to pay such Borrower's debts.
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Samples: Credit Agreement (Northland Holdings Management Inc)
Sufficient Capital. Each Borrower now has At all times prior to, during and after any disbursement of the Loan, have capital sufficient to carry on its business, business and transactions as now conducted and all business businesses and transactions in which it is about to engage, engage and is now will be solvent and able to pay its debts as they mature. Each , and Borrower now owns will own property having a value, both at fair valuation and at present fair saleable value, greater than the amount required to pay such Borrower's its debts.
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Sufficient Capital. Each At all times prior to, during and after ------------------ any disbursement of the Loans, Borrower now has shall have capital sufficient to carry on its business, business and transactions as now conducted and all business businesses and transactions in which it is about to engage, engage and is now will be solvent and able to pay its debts as they mature. Each , and Borrower now owns will own property having a value, both at fair valuation and at present fair saleable value, greater than the amount required to pay such Borrower's its debts.
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Samples: Loan Agreement (Sei Corp)
Sufficient Capital. Each Borrower now has capital sufficient to carry on its business, all business and transactions in which it Borrower is about to engage, and is now solvent and able to pay its debts as they mature. Each Borrower now owns property having a value, both at fair valuation and at present fair saleable value, greater than the amount required to pay such Borrower's its debts.
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Samples: Loan Agreement (Multi Color Corp)
Sufficient Capital. Each Borrower Following the draw down of the Total Facility, borrower now has capital sufficient to carry on its business, all business and transactions in which it Borrower is about to engage, and is now solvent and able to pay its debts as they mature. Each Borrower now owns property having a value, both at fair valuation and at present fair saleable value, greater than the amount required to pay such Borrower's debts.
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