Common use of No Change; Solvent Clause in Contracts

No Change; Solvent. Since May 2, 2021, there has been no development or event relating to or affecting any Loan Party which has had or would be reasonably expected to have a Material Adverse Effect (after giving effect to (i) the consummation of the Transactions and the Third Amendment Effective Date Transactions, (ii) the making of the Extensions of Credit to be made on the Closing Date and the Third Amendment Effective Date and the application of the proceeds thereof as contemplated hereby, and (iii) the payment of actual or estimated fees, expenses, financing costs and tax payments related to the Transactions and the Third Amendment Effective Date Transactions contemplated hereby). As of the Closing Date, after giving effect to the consummation of the Transactions to be consummated on the Closing Date, the Parent Borrower, together with its Subsidiaries on a consolidated basis, is Solvent.

No Change; Solvent. Since May the Closing DateMay 2, 2021, there has been no development or event relating to or affecting any Loan Party which has had or would be reasonably expected to have a Material Adverse Effect (after giving effect to (i) the consummation of the Transactions and the Third Amendment Effective Date Transactions, (ii) the making of the Extensions of Credit to be made on the Closing Date and the Third Amendment Effective Date and the application of the proceeds thereof as contemplated hereby, and (iii) the payment of actual or estimated fees, expenses, financing costs and tax payments related to the Transactions and the Third Amendment Effective Date Transactions contemplated hereby). As of the Closing Date, after giving effect to the consummation of the Transactions to be consummated on the Closing Date, the Parent Borrower, together with its Subsidiaries on a consolidated basis, is Solvent.

No Change; Solvent. Since May 2the Third Amendment Effective Date, 2021except as and to the extent disclosed on Schedule 5.2, there has been no development or event relating to or affecting any Loan Party which has had or would be reasonably expected to have a Material Adverse Effect (after giving effect to (i) the consummation of the Transactions and the Third Amendment Effective Date Transactions, (ii) the making of the Extensions of Credit to be made on the Closing Date and the Third Amendment Effective Date and the application of the proceeds thereof as contemplated hereby, and (iii) the payment of actual or estimated fees, expenses, financing costs and tax payments related to the Transactions and the Third Amendment Effective Date Transactions contemplated hereby). As of the Closing Third Amendment Effective Date, after giving effect to the consummation of the Transactions to be consummated on transactions described in preceding clauses (i) through (iii) of the Closing Datepreceding sentence, the Parent Borrower, together with its Subsidiaries on a consolidated basis, is Solvent.