Common use of Solvency Certificate Clause in Contracts

Solvency Certificate. On the Original Closing Date, the Administrative Agent shall have received a certificate from an Authorized Officer of the Borrower to the effect that after giving effect to the consummation of the Transactions, the Borrower on a consolidated basis with its Subsidiaries is Solvent.

Appears in 25 contracts

Samples: Credit Agreement (First Data Corp), Credit Agreement (First Data Corp), Credit Agreement (First Data Corp)

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Solvency Certificate. On the Original Closing Date, the Administrative Agent shall have received a certificate from an Authorized Officer of the Borrower to the effect that after giving effect to the consummation of the Transactions, the Borrower on a consolidated basis with its Subsidiaries is Solvent.

Appears in 11 contracts

Samples: Loan Agreement (First Data Corp), Credit Agreement (Energy Future Holdings Corp /TX/), Interim Loan Agreement (First Data Corp)

Solvency Certificate. On the Original Closing Date, the Administrative Agent shall have received a certificate from an Authorized the Chief Financial Officer of the Borrower (or other officer of the Borrower with similar responsibilities) to the effect that after giving effect to the consummation of the Transactions, the Borrower Borrower, together with the Restricted Subsidiaries on a consolidated basis with its Subsidiaries basis, is Solvent.

Appears in 10 contracts

Samples: Credit Agreement (Canada Goose Holdings Inc.), Intercreditor Agreement (Aveanna Healthcare Holdings, Inc.), Intercreditor Agreement (Aveanna Healthcare Holdings, Inc.)

Solvency Certificate. On the Original Closing Date, the The Administrative Agent shall have received a certificate from an Authorized Officer Solvency Certificate confirming that as of the Closing Date the Borrower to the effect that and its Subsidiaries, taken as a whole and on a consolidated basis, immediately after giving effect to the consummation of the Transactions, the Borrower on a consolidated basis with its Subsidiaries is Transactions are Solvent.

Appears in 5 contracts

Samples: Credit Agreement (Tiga Acquisition Corp.), Credit Agreement (Grindr Inc.), Credit Agreement (Tiga Acquisition Corp.)

Solvency Certificate. On the Original Closing Date, the Administrative Agent shall have received a certificate Solvency Certificate from an Authorized Officer of the Borrower to the effect that after giving effect to the consummation of the Transactions, the Borrower on a consolidated basis with its Subsidiaries is SolventBorrower.

Appears in 5 contracts

Samples: Term Loan and Guaranty Agreement (TerraForm Power, Inc.), Credit and Guaranty Agreement (Hamilton Lane INC), Credit and Guaranty Agreement (TerraForm Power, Inc.)

Solvency Certificate. On the Original Closing Date, the Administrative Agent shall have received a certificate from an Authorized Officer of the Borrower to the effect that after giving effect to the consummation of the Transactions, the Borrower Borrower, on a consolidated basis with its Subsidiaries and on a Pro Forma Basis (and the Transactions shall be deemed to be a “Specified Transaction” for such purpose), is Solvent.

Appears in 4 contracts

Samples: Collateral Agreement (Laureate Education, Inc.), Credit Agreement (Laureate Education, Inc.), Credit Agreement (Laureate Education, Inc.)

Solvency Certificate. On the Original Closing Date, the Administrative Agent shall have received a certificate from an Authorized Officer of the Parent Borrower to the effect that after giving effect to the consummation of the Transactions, the Parent Borrower on a consolidated basis with its Subsidiaries is Solvent.

Appears in 4 contracts

Samples: Credit Agreement (Hca Inc/Tn), Credit Agreement (Hca Inc/Tn), Abl Credit Agreement (Dollar General Corp)

Solvency Certificate. On the Original Closing Date, the Administrative Agent shall have received a certificate from an Authorized a Senior Officer of the Borrower to the effect certifying that after giving effect to the consummation of the Transactions, the Parent and the Borrower on a consolidated basis with its Subsidiaries is Solvent.

Appears in 4 contracts

Samples: Refinancing Amendment and Incremental Joinder Agreement (MRC Global Inc.), Security Agreement (MRC Global Inc.), Term Loan Credit Agreement (MRC Global Inc.)

Solvency Certificate. On the Original Closing Date, the Administrative Agent shall have received a certificate Solvency Certificate from an Authorized Officer the chief financial officer, treasurer or similar officer of the Borrower to the effect Borrower, demonstrating that after giving effect to the consummation of the TransactionsRelated Transactions the Credit Parties are and will be, the Borrower on a consolidated basis with its Subsidiaries is basis, Solvent.

Appears in 3 contracts

Samples: Credit and Guaranty Agreement (TiVo Corp), Credit and Guaranty Agreement (TiVo Corp), Patent Security Agreement (BlueLinx Holdings Inc.)

Solvency Certificate. On the Original Closing Date, the Administrative Agent and the Lenders shall have received a certificate Solvency Certificate from an Authorized Officer the chief financial officer, treasurer or similar officer of Holdings or the Borrower to the effect Borrower, demonstrating that after giving effect to the consummation of the TransactionsRelated Transactions the Credit Parties are and will be, the Borrower on a consolidated basis with its Subsidiaries is basis, Solvent.

Appears in 3 contracts

Samples: Credit and Guaranty Agreement (PLBY Group, Inc.), Credit and Guaranty Agreement (PLBY Group, Inc.), Credit and Guaranty Agreement (PLBY Group, Inc.)

Solvency Certificate. On the Original Closing Date, the The Administrative Agent shall have received a certificate from an Authorized Officer in the form of Exhibit I, dated as of the Closing Date, by the chief financial officer of the Borrower, stating that the Borrower to the effect that and its Subsidiaries, on a consolidated basis after giving effect to the consummation of the Transactions, the Borrower on a consolidated basis with its Subsidiaries is are Solvent.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Akumin Inc.), Revolving Credit Agreement (Akumin Inc.)

Solvency Certificate. On the Original Closing Date, the Administrative The Agent shall have received a certificate from an Authorized of a Responsible Officer of the Borrower Borrower, to the effect that the Borrower and its Subsidiaries are Solvent, on a consolidated basis, after giving effect to the consummation of transactions contemplated by this Agreement to occur on the Transactions, the Borrower on a consolidated basis with its Subsidiaries is SolventClosing Date.

Appears in 2 contracts

Samples: Loan and Security Agreement (Freshpet, Inc.), Loan and Security Agreement (Freshpet, Inc.)

Solvency Certificate. On the Original Closing Date, the Administrative Agent shall have received a certificate from an Authorized Officer of the Borrower to the effect with appropriate attachments and demonstrating that after giving effect to the consummation of the Transactions, the Borrower on a consolidated basis with its Subsidiaries is Solvent.

Appears in 2 contracts

Samples: Pledge Agreement (Kinder Morgan Inc), Credit Agreement (Kinder Morgan Holdco LLC)

Solvency Certificate. On the Original Closing Date, the Administrative Agent shall have received a certificate from an Authorized Officer the chief financial officer of the Borrower in form, scope and substance satisfactory to the effect Administrative Agent, with appropriate attachments and demonstrating that after giving effect to the consummation of the TransactionsRecapitalization, the Borrower on taken as a consolidated basis whole with its Subsidiaries is are Solvent.

Appears in 2 contracts

Samples: Credit Agreement (Sealy Corp), Senior Unsecured Credit Agreement (Sealy Corp)

Solvency Certificate. On the Original Closing Date, the Administrative Agent shall have received a certificate from an Authorized the Chief Financial Officer of the Borrower Representative (or other officer of the Borrower Representative with similar responsibilities) to the effect that after giving effect to the consummation of the Transactions, the Borrower Representative, together with the Restricted Subsidiaries on a consolidated basis with its Subsidiaries basis, is Solvent.

Appears in 2 contracts

Samples: Second Lien Credit Agreement (Aveanna Healthcare Holdings, Inc.), Second Lien Credit Agreement (Aveanna Healthcare Holdings, Inc.)

Solvency Certificate. On the Original Closing Date, the Administrative Agent shall have received a certificate from an Authorized Officer of the Borrower Company in a form reasonably satisfactory to the effect that after giving effect to the consummation Administrative Agent demonstrating that, as of the TransactionsClosing Date, the Borrower Company on a consolidated basis with its Subsidiaries is Solventsolvent.

Appears in 2 contracts

Samples: Secured Revolving Credit Agreement (NXP Semiconductors N.V.), Credit Agreement (NXP Semiconductors N.V.)

Solvency Certificate. On the Original Closing Date, the Administrative Agent shall have received a certificate from an Authorized Officer the chief financial officer of the Borrower in form, scope and substance satisfactory to the effect Administrative Agent, with appropriate attachments and demonstrating that after giving effect to the consummation of the Transactions, the Borrower on taken as a consolidated basis whole with its Subsidiaries is are Solvent.

Appears in 2 contracts

Samples: Credit Agreement (Accellent Inc), Credit Agreement (Accellent Corp.)

Solvency Certificate. On the Original Closing Date, the Administrative Agent shall have received a certificate from an Authorized Officer of the Borrower to the effect that after giving effect to the consummation of the Transactions, the Borrower Borrower, on a consolidated basis with its Subsidiaries Restricted Subsidiaries, is Solvent.

Appears in 2 contracts

Samples: Security Agreement (KKR Financial Holdings LLC), Credit Agreement (KKR Financial Holdings LLC)

Solvency Certificate. On the Original Closing Date, the Administrative Agent shall have received a certificate Solvency Certificate from an Authorized Officer of the Borrower to the effect affirming that immediately after giving effect to the consummation of the Transactions, the Borrower on a consolidated basis with and its Subsidiaries is are and will be Solvent.

Appears in 2 contracts

Samples: Credit and Guaranty Agreement (Paramount Acquisition Corp), Credit and Guaranty Agreement (Paramount Acquisition Corp)

Solvency Certificate. On the Original Closing Date, the Administrative Agent shall have received a certificate from an Authorized Officer of the Borrower to the effect Borrower, with appropriate attachments and demonstrating that after giving effect to the consummation of the Transactions, the Borrower on a consolidated basis with its Subsidiaries is Solvent.

Appears in 2 contracts

Samples: Term Loan Credit Agreement (McJunkin Red Man Holding Corp), Revolving Loan Credit Agreement (McJunkin Red Man Holding Corp)

Solvency Certificate. On the Original Closing Date, the Administrative Agent shall have received a certificate from an Authorized Officer of the Borrower to the effect Company, with appropriate attachments and demonstrating that after giving effect to the consummation of the Transactions, the Borrower Company on a consolidated basis with its Subsidiaries is Solvent.

Appears in 2 contracts

Samples: First Lien Credit Agreement (IPC Systems Holdings Corp.), Joinder Agreement (IPC Systems Holdings Corp.)

Solvency Certificate. On the Original Closing Date, the Administrative Agent shall have received a certificate Solvency Certificate from an Authorized Officer of the Borrower in form, scope and substance satisfactory to the effect Administrative Agent, and demonstrating that after giving effect to the consummation of the TransactionsAcquisition and any rights of contribution, the Borrower and its Subsidiaries, on a consolidated basis with its Subsidiaries is basis, are Solvent.

Appears in 2 contracts

Samples: Credit and Guaranty Agreement (Hologic Inc), Credit and Guaranty Agreement (Gen Probe Inc)

Solvency Certificate. On the Original Closing Date, the Administrative Agent Agents shall have received a certificate from an Authorized Officer of the Borrower Company in form, scope and substance satisfactory to the effect Administrative Agents, with appropriate attachments and demonstrating that after giving effect to the consummation of the Transactions, the Borrower Company on a consolidated basis with its Subsidiaries is Solvent.

Appears in 2 contracts

Samples: Credit Agreement (Avago Technologies Manufacturing (Singapore) Pte. Ltd.), Credit Agreement (Avago Technologies LTD)

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Solvency Certificate. On the Original Closing Date, the Administrative Agent shall have received a certificate from an Authorized Officer of the New Borrower to the effect certifying that after giving effect to the consummation of the Transactions, the New Borrower on a consolidated basis with its Subsidiaries is Solvent.

Appears in 2 contracts

Samples: First Lien Credit Agreement (Standard Register Co), Lien Credit Agreement (Standard Register Co)

Solvency Certificate. On the Original Closing Date, the Administrative Agent and Arrangers shall have received a certificate Solvency Certificate from an Authorized Officer of the Borrower to the effect that after giving effect to the consummation of the Transactions, the Borrower on a consolidated basis with its Subsidiaries is SolventBorrower.

Appears in 2 contracts

Samples: Credit and Guaranty Agreement, Credit and Guaranty Agreement (TerraForm Power, Inc.)

Solvency Certificate. On the Original Closing Date, the Administrative Agent shall have received a certificate from an Authorized Officer the chief financial officer of the Borrower in form, scope and substance satisfactory to the effect Administrative Agent, with appropriate attachments and demonstrating that after giving effect to the consummation of the Transactions, the Borrower on a consolidated basis with its Subsidiaries is Solvent.

Appears in 1 contract

Samples: Credit Agreement (Jostens IH Corp.)

Solvency Certificate. On the Original Closing Date, the Administrative Agent shall have received a certificate from an Authorized Officer of the Borrower Company in a form reasonably satisfactory to the effect Administrative Agent demonstrating that after giving effect to the consummation of the Transactions, the Borrower Company on a consolidated basis with its Subsidiaries is Solventsolvent.

Appears in 1 contract

Samples: Credit Agreement (NXP Manufacturing (Thailand) Co., Ltd.)

Solvency Certificate. On the Original Closing Date, the Administrative Agent shall have received a certificate from an Authorized Officer a senior financial officer of the Lead Borrower to the effect that after giving effect to the consummation of the Transactions, the Lead Borrower on a consolidated basis with its Subsidiaries is Solvent.

Appears in 1 contract

Samples: Credit Agreement (Big Heart Pet Brands)

Solvency Certificate. On the Original Closing Date, the Administrative Agent shall have received a certificate Solvency Certificate from an Authorized Officer the chief financial officer of the Borrower Borrower, dated the Closing Date and addressed to the effect Administrative Agent and the Lenders with appropriate attachments and demonstrating that after giving effect to the consummation of the Transactions, each of the Borrower on and its Restricted Subsidiaries taken as a consolidated basis with its Subsidiaries is whole are and will be Solvent.

Appears in 1 contract

Samples: Intercreditor Agreement (REV Group, Inc.)

Solvency Certificate. On the Original Closing Date, the Administrative Agent shall have received a certificate from an Authorized Officer of the Borrower to the effect that after giving effect to the consummation of the Transactions, the Borrower on a consolidated basis with its Subsidiaries is Solvent.

Appears in 1 contract

Samples: Loan Agreement (First Data Corp)

Solvency Certificate. On the Original Closing Date, the Administrative Agent shall have received a certificate from an Authorized Officer of the each Borrower to the effect that after giving effect to the consummation of the TransactionsTransactions to be consummated on the Closing Date, the such Borrower on a consolidated basis with its Subsidiaries is Solvent.

Appears in 1 contract

Samples: Margin Loan Agreement (Becker Douglas L)

Solvency Certificate. On the Original Closing Date, the Administrative Agent shall have received a certificate from an Authorized Officer of the Borrower to the effect Borrower, with appropriate attachments and demonstrating that after giving effect to the consummation of the Dividend Transactions, the Borrower on a consolidated basis with its Subsidiaries is Solvent.

Appears in 1 contract

Samples: Term Loan Credit Agreement (McJunkin Red Man Holding Corp)

Solvency Certificate. On the Original Closing Date, the Administrative Agent shall have received a certificate from an Authorized Officer of the Borrower in form, scope and substance satisfactory to the effect Administrative Agent, with appropriate attachments and demonstrating that after giving effect to the consummation of the Transactions, the Borrower on a consolidated basis with its Subsidiaries is Solvent.

Appears in 1 contract

Samples: Credit Agreement (Serena Software Inc)

Solvency Certificate. On the Original Closing Date, the Administrative Agent shall have received a certificate from an Authorized Officer of the Borrower to the effect that after giving effect to the consummation of the TransactionsTransaction, the Borrower on a consolidated basis with its Subsidiaries is Solvent.

Appears in 1 contract

Samples: Loan Agreement (First Data Corp)

Solvency Certificate. On the Original Closing Date, the Administrative Agent shall have received a certificate from an Authorized Officer of the Parent Borrower to the effect that after giving effect to the consummation of the TransactionsTransaction, the Parent Borrower on a consolidated basis with its Subsidiaries is Solvent.

Appears in 1 contract

Samples: Credit Agreement (Dollar General Corp)

Solvency Certificate. On the Original Closing Date, the Administrative Agent shall have received a certificate from an Authorized Officer the chief financial officer of the Borrower in form, scope and substance satisfactory to the effect Administrative Agent, with appropriate attachments and demonstrating that after giving effect to the consummation of the Transactions, the Borrower on a consolidated basis with its Subsidiaries is Solvent.

Appears in 1 contract

Samples: Credit Agreement (Panamsat Corp /New/)

Solvency Certificate. On the Original Closing Date, the Administrative Agent shall have received a certificate from an Authorized Officer of the Borrower to the effect that after giving effect to the consummation of the Transactions, the Borrower Borrower, on a consolidated basis with its Subsidiaries and on a Pro Forma Basis (and the Transactions shall be deemed to be a “Specified Transaction” for such purpose), is Solvent.. (i)

Appears in 1 contract

Samples: Second Lien Intercreditor Agreement

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