Solvency Certificates definition

Solvency Certificates means (a) a certificate, dated the Closing Date, of a Financial Officer of Borrower certifying that, as of the Closing Date, Borrower is Solvent and (b) a certificate, dated the Closing Date, of a Financial Officer of Foresight Reserves certifying that, as of the Closing Date, Foresight Reserves is Solvent.”;

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Solvency Certificates has the meaning specified in Section 4.01(i).

Solvency Certificates means those certain Solvency Certificates, in form and substance reasonably acceptable to the Administrative Agent, and executed by a Financial Officer of the applicable Loan Party.

Examples of Solvency Certificates in a sentence

• On the Closing Date, the Administrative Agent shall have received Solvency Certificates from each Credit Party dated as of the Closing Date and addressed to the Administrative Agent, attesting that before and after giving effect to the consummation of the initial Credit Extension, such Credit Party is Solvent.

• On the Closing Date, the Administrative Agent shall have received Solvency Certificates from the Borrower and CPS dated as of the Closing Date and addressed to the Administrative Agent and Lenders, substantially in the form of Exhibit E-2, attesting that before and after giving effect to the consummation of the transactions contemplated by the Credit Documents, each of the Borrower and CPS, as the case may be, is Solvent.

• Each of the certifications contained in the Solvency Certificates is accurate.

• On the Closing Date, the Administrative Agent shall have received Solvency Certificates from the Borrower and CPS dated as of the Closing Date and addressed to the Administrative Agent and Lender, substantially in the form of Exhibit E-2, attesting that before and after giving effect to the consummation of the transactions contemplated by the Credit Documents and the Related Agreements, each of the Borrower and CPS, as the case may be, is Solvent.

• On the Closing Date, the Administrative Agent and the Lenders shall have received Solvency Certificates from each Credit Party dated as of the Closing Date and addressed to the Administrative Agent, attesting that before and after giving effect to the consummation of the initial Credit Extension, such Credit Party is Solvent.

• The Agent shall have received Solvency Certificates in the form of Exhibit "C" to this Amendment executed by the chief financial officers of Irvine Sports Club, Inc.

• The Administrative Agent shall have received Solvency Certificates from Borrower and Commnet Wireless dated as of the First Amendment Effective Date and addressed to the Administrative Agent, attesting that before and after giving effect to this Agreement, such Credit Party is Solvent.

• Form of Solvency Certificates Part I - Form of Auditors' Certificate Part II - Form of Officer's Certificate 9.

• Solvency Certificates, in form and substance satisfactory to Agent, signed by each Borrower's chief financial officer and chief executive officer, and confirmed by each of the Borrowers.

• The Administrative Agent shall have received, with copies for each Lender, Solvency Certificates, dated as of the Amendment Effective Date and executed and delivered by the chief financial or accounting Authorized Officer of each of Budget, BRACC, Ryder, Cruise America, Inc.

More Definitions of Solvency Certificates

Solvency Certificates means those certain Solvency Certificates, in form and substance reasonably acceptable to the Administrative Agent, and executed by a Financial Officer of CatchMark Partnership, as the Manager of Timberlands II, CatchMark Timber as the General Partner of CatchMark Partnership, Timber Manager as Manager of CatchMark TRS Subsidiary, CatchMark Partnership as the Manager of CatchMark HBU, CatchMark Timber and CatchMark TRS, respectively, and an Authorized Officer of the other Loan Parties.

Solvency Certificates means the form of solvency certificate delivered by the Agent, to be executed and delivered by the Company and Finc▇.

Solvency Certificates means the solvency certificate dated as of the date hereof and executed and delivered by the chief financial officer of the Borrower to the Noteholders on behalf of the Borrower Affiliated Group on a Consolidated basis.

Solvency Certificates means, collectively, the separate Solvency Certificates executed and delivered by each member of the Borrower Affiliated Group to the Lender on the Closing Date.