Solvency Representation

Description

This AI field captures a borrower's representations that it is solvent, is able to pay its debts as they become due, and has capital sufficient to carry on its business.

Jurisdiction

  • Australia
  • Canada (Alberta, British Columbia, and Ontario)
  • United Kingdom (England)
  • United States (California, and New York)

Document Types

  • 75% Debt Related Agt
  • 23% Debt Supplemental Agt
  • 2% Other

Tags

  • Bankruptcy/Recession Planning — Credit Agreements
  • Credit/Facility Agreements

Language

  • 100% English