Common use of Solvent Clause in Contracts

Solvent. The Guarantor is now solvent, and no bankruptcy or insolvency proceedings are pending or to the best of the Guarantor's knowledge contemplated by or against the Guarantor.

Appears in 7 contracts

Samples: Warehousing Credit and Security Agreement (Finet Holdings Corp), Warehousing Credit and Security Agreement (Finet Com Inc), Term Loan and Security Agreement (Novastar Financial Inc)

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Solvent. The Guarantor is now solvent, and no bankruptcy or insolvency proceedings are pending or to the best of the Guarantor's Guarantors knowledge contemplated by or against the Guarantor.

Appears in 1 contract

Samples: Credit and Security Agreement (Finet Holdings Corp)

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Solvent. The Such Guarantor is now solvent, and no bankruptcy or insolvency proceedings are pending or or, to the best of the such Guarantor's knowledge ’s knowledge, contemplated by or against the such Guarantor.

Appears in 1 contract

Samples: Completion Guaranty (William Lyon Homes)

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