Back to AI Fields

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