Ability to Pay and Ability to Continue Business Sample Clauses

Ability to Pay and Ability to Continue Business. The Settling Respondents own approximately 546 acres of land in unincorporated Napa County. The complete assets of the Settling Respondents are unknown; however, at a minimum, it is known that the Settling Respondents produce about 6,000 cases of cabernet wines and 1,000 cases of white wines each year, which sell from $32 to $150 a bottle in restaurants, stores and by mail order.
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Ability to Pay and Ability to Continue Business. ‌‌‌‌ Given its assets, it is presumed that the Discharger has the ability to pay. The Prosecution Team has not received any substantiation from the Discharger of its inability to pay.
Ability to Pay and Ability to Continue Business. The Water Code and Enforcement Policy requires the Water Boards to consider a discharger’s ability to pay and continue in business when imposing administrative civil liabilities. In this matter, the Discharger is an ongoing public entity with the ability to raise revenue to satisfy the proposed liability through the imposition of fees and taxes. In addition, a review of the Los Angeles County Sanitation Districts’ 2022 Annual Comprehensive Financial Report shows that the Discharger has a net position of over $1.9 billion; as of April 30, 2023, the Discharger has $466 million in total cash and investments. Based on publicly available information, the Discharger has the ability to pay and continue in business.‌‌‌‌

Related to Ability to Pay and Ability to Continue Business

  • Ability to Perform The Servicer does not believe, nor does it have any reason or cause to believe, that it cannot perform each and every covenant contained in this Agreement;

  • Warranty of Ability to Perform The Contractor warrants that, to the best of its knowledge, there is no pending or threatened action, proceeding, or investigation, or any other legal or financial condition, that would in any way prohibit, restrain, or diminish the Contractor’s ability to satisfy its Contract obligations. The Contractor warrants that neither it nor any affiliate is currently on the convicted vendor list maintained pursuant to section 287.133 of the Florida Statutes, or on any similar list maintained by any other state or the federal government. The Contractor shall immediately notify the Customer in writing if its ability to perform is compromised in any manner during the term of the Contract.

  • Inability to Perform This Lease and the obligations of the Tenant hereunder shall not be affected or impaired because the Landlord is unable to fulfill any of its obligations hereunder or is delayed in doing so, if such inability or delay is caused by reason of strike, labor troubles, acts of God, or any other cause beyond the reasonable control of the Landlord.

  • Agreement to Continue in Force Both Parties shall adhere fully to the terms of this Agreement during the period of bona fide collective bargaining.

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