Common use of Insolvent Clause in Contracts

Insolvent. The Borrower and its Subsidiaries cease to be Solvent on a consolidated basis;

Appears in 10 contracts

Sources: Credit Agreement (New Jersey Resources Corp), Credit Agreement (New Jersey Resources Corp), Credit Agreement (New Jersey Resources Corp)

Insolvent. The Borrower and its Subsidiaries cease to be Solvent on a consolidated basis;.

Appears in 1 contract

Sources: Revolving Credit Facility (New Jersey Resources Corp)