Common use of Solvency Assurances Clause in Contracts

Solvency Assurances. On the Closing Date, Administrative Agent and Lender shall have received a certificate executed by a Financial Officer of Company dated the Closing Date, in form and substance satisfactory to the Administrative Agent and with appropriate attachments, demonstrating that, after giving effect to the consummation of the transactions contemplated by the Loan Documents on the Closing Date, Company and its Subsidiaries on a consolidated basis will be Solvent.

Appears in 2 contracts

Samples: Credit Agreement (Owens-Illinois Group Inc), Credit Agreement (Owens-Illinois Group Inc)

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Solvency Assurances. On the Closing Date, Administrative Agent and Lender shall have received a certificate executed by a Financial Officer an Officer’s Certificate of Company dated the Closing Date, substantially in the form and substance satisfactory to the Administrative Agent of Exhibit 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 on the Closing DateDocuments, Company and its Subsidiaries on each guaranteeing Subsidiary Guarantor taken as a consolidated basis whole will be Solvent.

Appears in 1 contract

Samples: Credit Agreement (Griffiths Pile Driving Inc)

Solvency Assurances. On the Closing Date, Administrative Agent and Lender shall have received a certificate executed by a Financial Officer an Officers’ Certificate of Company dated the Closing Date, in form and substance satisfactory to the Administrative Agent Agents and with appropriate attachments, demonstrating that, after giving effect to the consummation of the transactions contemplated by the Loan Documents on the Closing Date, Company and its Subsidiaries on a consolidated basis and each Borrower individually will be Solvent.

Appears in 1 contract

Samples: Credit Agreement (Owens Illinois Group Inc)

Solvency Assurances. On the Closing Date, Administrative Agent and Lender Lenders shall have received a certificate executed by a Financial Officer an Officer's Certificate of Company dated the Closing Date, substantially in the form and substance satisfactory to the Administrative Agent 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 on the Closing DateDocuments, Company and its Subsidiaries on a consolidated basis each Subsidiary Guarantor will be Solvent.

Appears in 1 contract

Samples: Credit Agreement (Itron Inc /Wa/)

Solvency Assurances. On the Closing Date, Administrative Agent and Lender shall have received a certificate executed by a Financial Officer an Officers’ Certificate of Company dated the Closing Date, in form and substance satisfactory to the Administrative Agent and with appropriate attachments, demonstrating that, after giving effect to the consummation of the transactions contemplated by 127 the Loan Documents on the Closing Date, Company and its Subsidiaries on a consolidated basis and each Borrower individually will be Solvent.

Appears in 1 contract

Samples: Credit Agreement (Owens-Illinois Group Inc)

Solvency Assurances. On the Closing Date, Administrative Agent and Lender the Lenders shall have received a certificate executed by a Financial Officer of Company dated the Closing Date, in form and substance satisfactory to the Administrative Agent and with appropriate attachments, demonstrating that, after giving effect to the consummation of the transactions contemplated by the Loan Documents on the Closing Date, Company and its Subsidiaries on a consolidated basis will be Solvent.

Appears in 1 contract

Samples: Intercreditor Agreement (Owens-Illinois Group Inc)

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Solvency Assurances. On the Closing Date, Administrative Agent and Lender shall have received a certificate executed by a Financial Officer an Officer’s Certificate of Company Holdings dated the Closing Date, substantially in the form and substance satisfactory to the Administrative Agent and with appropriate attachments, demonstrating of Exhibit IX annexed hereto certifying that, after giving effect to the consummation of the transactions contemplated by the Loan Documents on Documents, the Closing Date, Company and its Subsidiaries Loan Parties on a consolidated basis will be Solvent.

Appears in 1 contract

Samples: Credit Agreement (Grande Communications Holdings, Inc.)

Solvency Assurances. On the Closing Date, Administrative Agent and Lender the Lenders shall have received a certificate executed by a Financial Officer of Company dated the Closing Date, in form and substance reasonably satisfactory to the Administrative Agent and Wxxxx Fargo and with appropriate attachments, demonstrating that, after giving effect to the consummation of the transactions contemplated by the Loan Documents on the Closing Date, Company and its Subsidiaries on a consolidated basis will be Solvent.

Appears in 1 contract

Samples: Credit Agreement and Syndicated Facility Agreement (Owens-Illinois Group Inc)

Solvency Assurances. On the Closing Date, Administrative Agent and Lender the Lenders shall have received a certificate executed by a Financial Officer of Company dated the Closing Date, in form and substance reasonably satisfactory to the Administrative Agent and Xxxxx Fargo and with appropriate attachments, demonstrating that, after giving effect to the consummation of the transactions contemplated by the Loan Documents on the Closing Date, Company and its Subsidiaries on a consolidated basis will be Solvent.

Appears in 1 contract

Samples: Assignment and Assumption Agreement (Owens-Illinois Group Inc)

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