Common use of Sufficient Capital Clause in Contracts

Sufficient Capital. Following the draw down of the Total Facility, borrower now has capital sufficient to carry on its business, all business and transactions in which Borrower is about to engage, and is now solvent and able to pay its debts as they mature.

Sufficient Capital. Following the draw down of the Total Facility, borrower Each Borrower now has capital sufficient to carry on its business, all business and transactions in which Borrower it is about to engage, and is now solvent and able to pay its debts as they mature. Each Borrower now owns property having a value, both at fair valuation and at present fair saleable value, greater than the amount required to pay such Borrower's debts.

Sufficient Capital. Following the draw down At all times prior to, during and after any disbursement of the Total FacilityLoan, borrower now has have capital sufficient to carry on its business, business and transactions as now conducted and all business businesses and transactions in which Borrower it is about to engage, engage and is now will be solvent and able to pay its debts as they mature, and Borrower will own property having a value, both at fair valuation and at present fair saleable value, greater than the amount required to pay its debts.

Sufficient Capital. Following the draw down At all times prior to, during and after ------------------ any disbursement of the Total FacilityLoans, borrower now has Borrower shall have capital sufficient to carry on its business, business and transactions as now conducted and all business businesses and transactions in which Borrower it is about to engage, engage and is now will be solvent and able to pay its debts as they mature, and Borrower will own property having a value, both at fair valuation and at present fair saleable value, greater than the amount required to pay its debts.

Sufficient Capital. Following the draw down of the Total Facility, borrower Borrower now has capital sufficient to carry on its business, all business and transactions in which Borrower is about to engage, and is now solvent and able to pay its debts as they mature. Borrower now owns property having a value, both at fair valuation and at present fair saleable value, greater than the amount required to pay its debts.