Common use of Continuing Operations Clause in Contracts

Continuing Operations. Based on the financial condition of the Company and each Subsidiary as of the Closing Date (and assuming that the Closing shall have occurred), the Company and each Subsidiary shall have sufficient capital to carry on its business through the Maturity Date (as defined in the Note) as now conducted and as proposed to be conducted including its capital needs taking into account the particular capital requirements of the business conducted by the Company and each Subsidiary, and projected capital requirements and capital availability thereof.

Appears in 2 contracts

Sources: Note Purchase Agreement (Organic to Go Food CORP), Note Purchase Agreement (Organic to Go Food CORP)