Common use of Solvency, Payment of Debts Clause in Contracts

Solvency, Payment of Debts. Grantor is solvent and able to pay its debts (including trade debts) as they mature.

Appears in 16 contracts

Sources: Security Agreement (Upland Software, Inc.), Security Agreement (Upland Software, Inc.), Security Agreement (Upland Software, Inc.)

Solvency, Payment of Debts. Grantor is solvent and able to pay its Grantor’s debts (including trade debts) as they mature.

Appears in 1 contract

Sources: Business Financing Agreement (ADESTO TECHNOLOGIES Corp)

Solvency, Payment of Debts. The Grantor is solvent and able to pay its debts (including trade debts) as they mature.

Appears in 1 contract

Sources: Note Security Agreement (Monogram Biosciences, Inc.)

Solvency, Payment of Debts. Grantor is and Borrower are solvent and able to pay its their respective debts (including trade debts) as they mature.

Appears in 1 contract

Sources: Security Agreement (Adept Technology Inc)