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Common use of Solvency, Payment of Debts Clause in Contracts

Solvency, Payment of Debts. Borrowers, taken as a whole, are generally able to pay their debts (including trade debts) as they mature.

Appears in 3 contracts

Sources: Loan and Security Agreement (Netratings Inc), Loan and Security Agreement (Netratings Inc), Loan and Security Agreement (Netratings Inc)

Related Clauses

  • Payment of Debts
  • Payment of Debts, Taxes, Etc
  • Payment of Debt
  • ASSIGNMENT OF DEBTS
  • Prepayment of Debt

Parent Clauses

  • REPRESENTATIONS AND WARRANTIES
  • REPRESENTATIONS, WARRANTIES AND COVENANTS OF BORROWER
  • Grantor’s Representations and Warranties
  • Definitions and Construction
  • Miscellaneous

Sub-Clauses

  • Events of Default
  • Financial and Other Covenants
  • Notification of Changes
  • Schedules and Documents relating to Accounts
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