Common use of Adequate Capitalization Clause in Contracts

Adequate Capitalization. The Contributor shall at all times remain adequately capitalized for the normal obligations reasonably foreseeable in the conduct of its business, and shall not make any dividend or other distribution to its shareholders unless the net worth of the Contributor following such distribution is adequate for the normal obligations reasonably foreseeable in the conduct of its business.

Appears in 4 contracts

Sources: Contribution and Servicing Agreement (Conseco Finance Lease 2000-1 LLC), Contribution and Servicing Agreement (Green Tree Lease Finance 1998-1 LLC), Contribution and Servicing Agreement (Green Tree Lease Finance 1998-1 LLC)