Adequate Capital. Neither Calpine nor any of the Calpine Transaction Parties is insolvent or will be insolvent after giving effect to the transactions contemplated by this Agreement and the other Transaction Documents, as the term insolvent is used in applicable state and federal fraudulent conveyance or transfer laws.
Appears in 2 contracts
Sources: Master Transaction Agreement (Calpine Corp), Master Transaction Agreement (Calpine Corp)