Common use of Solvent Financial Condition Clause in Contracts

Solvent Financial Condition. Borrower and each of its Subsidiaries, is and will be Solvent.

Appears in 4 contracts

Samples: Loan and Security Agreement (Pw Eagle Inc), Loan and Security Agreement (Pw Eagle Inc), Loan and Security Agreement (Pw Eagle Inc)

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Solvent Financial Condition. Borrower Borrower, and each of its Subsidiaries, taken as a whole, is and and, after giving effect to the Loans to be made hereunder, will be be, Solvent.

Appears in 2 contracts

Samples: Loan and Security Agreement (Questron Technology Inc), Loan and Security Agreement (Questron Technology Inc)

Solvent Financial Condition. Each Borrower and each of its Subsidiaries, is and will be Solvent.

Appears in 2 contracts

Samples: Term Loan Agreement (Ep Medsystems Inc), Loan and Security Agreement (Kti Inc)

Solvent Financial Condition. Each of Borrower and its Subsidiaries is now Solvent and, after giving effect to the Loans to be made hereunder and the consummation of the other transactions described in the Loan Documents, Borrower and each of its Subsidiaries, is and Subsidiaries will be Solvent.

Appears in 1 contract

Samples: Loan and Security Agreement (Rhodes Inc)

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Solvent Financial Condition. Borrower and each of its SubsidiariesSubsidiaries is now Solvent and, is after giving effect to the Loans to be made hereunder and the consummation of the other transactions described in the Loan Documents, Borrower and each of its Subsidiaries will be Solvent.

Appears in 1 contract

Samples: Loan and Security Agreement (Tropical Sportswear International Corp)

Solvent Financial Condition. Each of Borrower and each of its SubsidiariesSubsidiaries is, is and at all times will be be, Solvent.

Appears in 1 contract

Samples: Loan and Security Agreement (Simione Central Holdings Inc)

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