Solvent. It (both before and after giving effect to the Loans contemplated hereby) is solvent, has assets having a fair value in excess of the amount required to pay its probable liabilities on its existing debts as they become absolute and matured, and has, and will have, access to adequate capital for the conduct of its business and the ability to pay its debts from time to time incurred in connection therewith as such debts mature.
Appears in 7 contracts
Samples: Credit Agreement (Renegy Holdings, Inc.), Credit Agreement (Meritage Corp), Credit Agreement (Interact Commerce Corp)
Solvent. It (both before and after giving effect to the Loans Loan contemplated hereby) is solvent, has assets having a fair value in excess of the amount required to pay its probable liabilities on its existing debts as they become absolute and matured, and has, and will have, access to adequate capital for the conduct of its business and the ability to pay its debts from time to time incurred in connection therewith as such debts mature.
Appears in 4 contracts
Samples: Loan Agreement (Continental Circuits Corp), Credit Agreement (Matrixx Initiatives Inc), Security Agreement (Schuff Steel Co)
Solvent. It and each of its Subsidiaries (both before and after giving effect to the Loans obligations contemplated hereby) is solvent, has assets having a fair value in excess of the amount required to pay its probable liabilities on its existing debts as they become absolute and matured, and has, and reasonably believes it will have, access to adequate capital for the conduct of its business and the ability to pay its debts from time to time incurred in connection therewith as such debts mature.
Appears in 1 contract
Samples: Credit Agreement (Hypercom Corp)
Solvent. It (both before and after giving effect to the Loans contemplated hereby) is solvent, has assets having a fair value in excess of the amount required to pay its probable liabilities on its existing debts as they become absolute and matured, and has, and will is expected to have, access to adequate capital for the conduct of its business and the ability to pay its debts from time to time incurred in connection therewith as such debts mature.
Appears in 1 contract
