Common use of Solvency Assurances Clause in Contracts

Solvency Assurances. On the Closing Date, Administrative Agent and Lenders shall have received an Officer's Certificate of Company dated the Closing Date, substantially in the form of Exhibit XI annexed hereto and with appropriate attachments, in each case demonstrating that, after giving effect to the consummation of the transactions contemplated by the Loan Documents, Borrower and the Guarantors on a consolidated basis will be Solvent.

Appears in 1 contract

Samples: Credit Agreement (Ethyl Corp)

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Solvency Assurances. On the Closing Date, Administrative Agent and Lenders shall have received an Officer's ’s Certificate of Company dated the Closing Date, substantially in the form of Exhibit XI X annexed hereto and with appropriate attachments, in each case demonstrating that, after giving effect to the consummation of the transactions contemplated by the Loan Documents, Borrower Documents and the Guarantors Related Agreements, Company and Company and its Subsidiaries on a consolidated basis will be Solvent.

Appears in 1 contract

Samples: Credit Agreement (Propex International Holdings II Inc.)

Solvency Assurances. On the Closing Date, Administrative Agent and Lenders shall have received an Officer's Certificate of Company the chief financial officer of Holdings dated the Closing Date, substantially in the form of Exhibit XI annexed hereto and with appropriate attachments, in each case demonstrating that, after giving effect to the consummation of the transactions contemplated by the Loan Documents, Borrower Holdings, the Borrowers and the Guarantors each guaranteeing Subsidiary on a consolidated basis will be Solvent.

Appears in 1 contract

Samples: Credit Agreement (Sybron Dental Specialties Inc)

Solvency Assurances. On the Closing Date, Administrative Agent and Lenders shall have received an Officer's ’s Certificate of the chief financial officer of Company dated the Closing Date, substantially in the form of Exhibit XI X annexed hereto and with appropriate attachments, in each case demonstrating that, after giving effect to the consummation of the transactions contemplated by the Loan Documents, Borrower the Borrowers and the Guarantors each guaranteeing Subsidiary on a consolidated basis will be Solvent.

Appears in 1 contract

Samples: Credit Agreement (Sybron Dental Specialties Inc)

Solvency Assurances. On the Closing Date, Administrative Agent and Lenders shall have received an Officer's ’s Certificate of Company dated the Closing Date, substantially in the form of Exhibit XI X annexed hereto and with appropriate attachments, in each case demonstrating that, after giving effect to the consummation of the Recapitalization and the transactions contemplated by the Loan Documents, Borrower Documents and the Guarantors First Lien Credit Agreement, (i) Holdings and its Subsidiaries on a consolidated basis and (ii) Company and its Subsidiaries on a consolidated basis will be Solvent.

Appears in 1 contract

Samples: Term Loan Agreement (Bare Escentuals Inc)

Solvency Assurances. On the Closing Date, Administrative Agent and Lenders shall have received an Officer's ’s Certificate of Company Company, signed by Company’s chief financial officer, dated the Closing Date, substantially in the form of Exhibit XI annexed hereto and with appropriate attachments, in each case demonstrating that, after giving effect to the consummation of the transactions contemplated by the Loan Documents, Borrower Company and the Guarantors each Subsidiary Guarantor on a consolidated basis will be Solvent.

Appears in 1 contract

Samples: Credit Agreement (Ruths Hospitality Group, Inc.)

Solvency Assurances. On the Closing Date, Administrative Agent and Lenders shall have received an Officer's ’s Certificate of Company dated the Closing Date, substantially in the form of Exhibit XI annexed hereto and with appropriate attachments, in each case demonstrating that, after giving effect to the consummation of the transactions contemplated by the Loan Documents, Borrower Company and the Guarantors each Subsidiary Guarantor on a consolidated basis will be Solvent.

Appears in 1 contract

Samples: Credit Agreement (Hexcel Corp /De/)

Solvency Assurances. On the Closing Date, Administrative Agent and Lenders shall have received an Officer's ’s Certificate of Company and its Subsidiaries, certified by a Financial Officer of Company, dated the Closing Date, substantially in the form of Exhibit XI X annexed hereto and with appropriate attachmentshereto, in each case demonstrating certifying that, after giving effect to the consummation of the transactions contemplated by the Loan DocumentsDocuments and Related Agreements, Borrower Company and the Guarantors its Subsidiaries on a consolidated basis will be Solvent.

Appears in 1 contract

Samples: Credit Agreement (Panolam Industries International Inc)

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Solvency Assurances. On the Closing Date, Administrative Agent and Lenders shall have received an Officer's ’s Certificate of Company dated the Closing Date, substantially in the form of Exhibit XI X annexed hereto and with appropriate attachments, in each case demonstrating that, after giving effect to the consummation of the Recapitalization and the transactions contemplated by the Loan Documents, Borrower Documents and the Guarantors Second Lien Term Loan Agreement, (i) Holdings and its Subsidiaries on a consolidated basis and (ii) Company and its Subsidiaries on a consolidated basis, will be Solvent.

Appears in 1 contract

Samples: Credit Agreement (Bare Escentuals Inc)

Solvency Assurances. On the Closing Date, Administrative Agent and Lenders shall have received an Officer's Certificate of Company dated the Closing Date, substantially in the form of Exhibit XI annexed hereto and with appropriate attachments, in each case demonstrating that, after giving effect to the consummation of the Reorganization, the Company Merger and the transactions contemplated by the Loan Documents, Borrower Holdings and the Guarantors on a consolidated basis each of its Subsidiary will be Solvent.

Appears in 1 contract

Samples: Credit Agreement (Arris Group Inc)

Solvency Assurances. On the Closing Date, Administrative Agent and Lenders shall have received an Officer's ’s Certificate of Company dated the Closing Date, substantially in the form of Exhibit XI X annexed hereto and with appropriate attachments, in each case demonstrating that, after giving effect to the consummation of the transactions contemplated by the Loan Documents, Borrower Documents and the Guarantors Related Agreements, Company and its Subsidiaries on a consolidated basis will be Solvent.

Appears in 1 contract

Samples: Credit Agreement (Propex Fabrics Inc.)

Solvency Assurances. On the Closing Date, the Administrative Agent and the Lenders shall have received an Officer's Certificate from the chief financial officer of Company Holdings dated the Closing Date, substantially in the form of Exhibit XI I annexed hereto and with appropriate attachments, in each case demonstrating that, after giving effect to the consummation of the transactions contemplated by the Loan Documents, Borrower Holdings and the Guarantors each of its Subsidiaries will be Solvent on a consolidated basis will be Solventbasis.

Appears in 1 contract

Samples: Credit Agreement (Ak Steel Holding Corp)

Solvency Assurances. On the Closing Date, Administrative Agent and Lenders shall have received an Officer's ’s Certificate of Company and its Subsidiaries, certified by a Financial Officer of Company, dated the Closing Date, substantially in the form of Exhibit XI VI annexed hereto and with appropriate attachmentshereto, in each case demonstrating certifying that, after giving effect to the consummation of the transactions contemplated by the Loan Documents and First Lien Credit Documents, Borrower Company and the Guarantors its Subsidiaries on a consolidated basis will be Solvent.

Appears in 1 contract

Samples: Credit Agreement (Panolam Industries International Inc)

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