Solvency Certificates. Agent and Initial Lenders shall have received certificates satisfactory to them from one or more knowledgeable Senior Officers of Borrower that, after giving effect to the financing under this Agreement and the issuance of the Letters of Credit, Borrower is Solvent.
Appears in 4 contracts
Samples: Loan and Security Agreement (Dixie Group Inc), Loan and Security Agreement (Dixie Group Inc), Loan and Security Agreement (Pameco Corp)
Solvency Certificates. Administrative Agent and Initial Lenders shall have received certificates satisfactory to them from one or more knowledgeable Senior Officers of Borrower Borrowers and Parent that, after giving effect to the financing under this Agreement and the issuance of the Letters of Credit, Borrower is Borrowers and Parent are Solvent.
Appears in 3 contracts
Samples: Credit Agreement (J.M. Tull Metals Company, Inc.), Credit Agreement (Ryerson Holding Corp), Credit Agreement (Ryerson Inc.)
Solvency Certificates. Agent and Initial Lenders shall have received certificates satisfactory to them from one or more knowledgeable Senior Officers of Borrower each Obligor that, after giving effect to the financing under this Agreement and the issuance of the Letters of Credit, Borrower each Obligor is Solvent.
Appears in 2 contracts
Samples: Loan and Security Agreement (Mastec Inc), Loan and Security Agreement (Mastec Inc)
Solvency Certificates. Agent and Initial Lenders shall have received certificates satisfactory to them from one or more knowledgeable Senior Officers of Borrower Borrowers that, after giving effect to the financing under this Agreement and Agreement, the issuance of the Letters of Credit, the consummation of the transactions evidenced by the Acquisition Documents, the Bridge Loan Documents and the Merger Documents, each Borrower is Solvent.
Appears in 1 contract
Samples: Loan and Security Agreement (Tropical Sportswear Co Inc)
Solvency Certificates. Agent and Initial Lenders shall have received certificates satisfactory to them from one or more knowledgeable Senior Officers of Borrower that, after giving effect to the financing under this Agreement and the issuance of the Letters of CreditAgreement, Borrower is Solvent.
Appears in 1 contract
Solvency Certificates. Agent and Initial Lenders shall have received certificates satisfactory to them from one or more knowledgeable Senior Officers of Borrower Parent that, after giving effect to the financing under this Agreement and the issuance of the Letters of Credit, Borrower each Credit Party (other than the Restricted Subsidiaries) is Solvent.
Appears in 1 contract
Samples: Loan and Security Agreement (Integrated Electrical Services Inc)
Solvency Certificates. Agent and Initial Lenders shall have received certificates satisfactory to them from one or more knowledgeable Senior Officers of Borrower that, after giving effect to the financing under this Agreement and the issuance of the Letters of Credit, Borrower is Solvent.
Appears in 1 contract
Samples: Loan and Security Agreement (Metromedia International Group Inc)
Solvency Certificates. Agent and Initial Lenders shall have received certificates satisfactory to them from one or more knowledgeable Senior Officers of Borrower each Obligor (other than Xxxxxxx Sealing and Xxxxxxxx) that, after giving effect to the financing under this Agreement and the issuance of the Letters of Credit, Borrower each Obligor is Solvent.
Appears in 1 contract
Samples: Loan and Security Agreement (Enpro Industries, Inc)
Solvency Certificates. Agent and Initial Lenders shall have received certificates satisfactory to them from one or more knowledgeable Senior Officers of Borrower each Obligor (other than Gxxxxxx Sealing and Gxxxxxxx) that, after giving effect to the financing under this Agreement and the issuance of the Letters of Credit, Borrower each Obligor is Solvent.
Appears in 1 contract
Samples: Loan and Security Agreement (Enpro Industries, Inc)
Solvency Certificates. Administrative Agent and Initial Lenders shall have received certificates reasonably satisfactory to them from one or more knowledgeable Senior Officers of each Borrower that, after giving effect to the financing under this Agreement and the issuance of the Letters of Credit, each Borrower is Solvent.
Appears in 1 contract
Solvency Certificates. Agent and Initial Lenders Lender shall have received certificates satisfactory to them from one or more knowledgeable Senior Officers of Borrower Borrowers that, after giving effect to the financing under this Agreement and the issuance of the Letters of Credit, Borrower the Consolidated Group, taken as a whole, is Solvent.
Appears in 1 contract
Solvency Certificates. Agent and Initial Lenders shall have received certificates satisfactory to them from one or more knowledgeable Senior Officers of each Borrower that, after giving effect to the financing under this Agreement and the issuance of the Letters of Credit, each Borrower is Solvent.
Appears in 1 contract
