Common use of Financial Solvency Clause in Contracts

Financial Solvency. It is financially solvent, able to pay all debts as they mature and possesses sufficient working capital to complete the Work and perform its obligations hereunder.

Appears in 29 contracts

Sources: Lump Sum Turnkey Agreement, Lump Sum Turnkey Agreement (Sabine Pass Liquefaction, LLC), Fixed Price Separated Turnkey Agreement (Cheniere Corpus Christi Holdings, LLC)