Solvency and Insurance. Before and after giving effect to the making of the initial Advances (or deemed issuance thereof under Section 2.01(b)), each of the Borrower and its Subsidiaries is Solvent. Additionally, each of the Borrower and its Subsidiaries carry insurance required under Section 5.02 of this Agreement.
Solvency and Insurance. None of the transactions contemplated by this Agreement will be or have been made with an actual intent to hinder, delay, or defraud any present or future creditors of Recipient. The Recipient is solvent and will not be rendered insolvent by the transactions contemplated by this Agreement. The Recipient is able to pay its debts as they become due. The Recipient maintains sufficient insurance coverage considering the scope of this Agreement, including, for example but not necessarily limited to, general liability, automobile liability, workers compensation and employer liability, professional liability.
Solvency and Insurance. Before and after giving effect to the making of the Advances and after giving effect to the Closing Date Acquisition, each of the Borrower and its Subsidiaries is Solvent. Additionally, each of the Borrower and its Subsidiaries carry insurance required under Section 5.02.
Solvency and Insurance. Before and after giving effect to the making of the initial Loans, the Borrower and each of its Restricted Subsidiaries is Solvent. Furthermore, each of the Borrower and its Restricted Subsidiaries carry insurance required under Section 5.02 of this Agreement.
Solvency and Insurance. Before and after giving effect to the making of the initial Loans, the Specified Parties and Loan Parties, on a consolidated basis, Solvent. The Loan Parties carry insurance required under Section 5.02 of this Agreement.
Solvency and Insurance. Before and after giving effect to the making of any Advance and before and after giving effect to the WO Energy Acquisition, each of the Borrower and its Subsidiaries is Solvent. Additionally, each of the Borrower and its Subsidiaries carry insurance required under Section 5.02 of this Agreement.
Solvency and Insurance. 54 Section 4.20 Hedging Agreements...................................................................54 Section 4.21
Solvency and Insurance. As of the Effective Date, each Borrower and each of their respective Subsidiaries is Solvent. Additionally, each Borrower carries insurance required under Section 5.02.
Solvency and Insurance. Before and after giving effect to the making of the initial Advances, each of the Borrower and its Subsidiaries is Solvent. Additionally, each of the Borrower and its Subsidiaries carry insurance required under Section 5.02 of this Agreement. (t) Hedging Agreements. Schedule 4.20 sets forth, as of the date hereof, a true and complete list of all Interest Hedge Agreements, Hydrocarbon Hedge Agreements, and Hedge Contracts of the Borrower and its Subsidiaries, the material terms thereof (including the type, term, effective date, termination date and notional amounts or volumes), the net xxxx to market value thereof, all credit support agreements relating thereto (including any margin required or supplied), and the counterparty to each such agreement.
Solvency and Insurance. None of the transactions contemplated by this Agreement will be or have been made with an actual intent to hinder, delay, or defraud any present or future creditors of Recipient. The Recipient is solvent and will not be rendered insolvent by the transactions contemplated by this Agreement. The Recipient is able to pay its debts as they become due. The Recipient further represents on behalf of the Co-Funding Agencies that the Co-Funding Agencies are solvent, will not be rendered insolvent by the transactions contemplated by this Agreement, and are able to pay their debts as they become due. The Recipient maintains sufficient insurance coverage considering the scope of this Agreement, including, for example but not necessarily limited to, general liability, automobile liability, workers compensation and employer liability, professional liability.
