Solvency Opinion definition

Solvency Opinion shall have the meaning provided in Section 2.5.7(c).

Solvency Opinion has the meaning set forth in Section 8.1(l).

Solvency Opinion shall have the meaning set out in Section 4.4(k).

Examples of Solvency Opinion in a sentence

• The Report or any results of Duff & Phelps’ Services shall not constitute a Solvency Opinion or a Fairness Opinion and may not be relied upon by you or any other party as such.

• BX shall provide the Founder with a copy of the report prepared by the nationally recognized solvency valuation firm engaged to provide such Solvency Opinion.

• Delta shall use its reasonable best efforts (a) to obtain each Solvency Opinion contemplated by Section 4.4(k) prior to the Termination Date, and (b) to promptly take or cause to be taken all actions, and shall promptly use its reasonable best efforts to do or cause to be done and assist and cooperate with the other Party in doing all things necessary, proper or advisable to obtain each such Solvency Opinion prior to the Termination Date.

• Dynegy shall have delivered the Solvency Opinion to Purchaser that is reasonably satisfactory to Purchaser.

• Faced with the reality that the traditional methodology used to prepare a solvency opinion would show that the LBO would render the Company balance sheet insolvent, inadequately capitalized, and unable to pay its debts as they came due, and lured by the lucrative financial benefits that consummation of the LBO would bestow upon them, the Officers, including Bigelow and Hianik, prevailed upon VRC to use a series of improper methodologies to prepare its Step One Solvency Opinion.

More Definitions of Solvency Opinion

Solvency Opinion has the meaning set forth in Section 4.7 hereof.

Solvency Opinion means an opinion from an accounting, appraisal or investment banking firm of nationally recognized standing that the Corporation is, and after effecting the applicable redemption pursuant to Section 6 will be, solvent.

Solvency Opinion shall have the meaning set forth in Section 3.3(d).

Solvency Opinion means the opinion from an independent advisor confirming that, upon the consummation of the transactions contemplated hereby, the Surviving Corporation (on a consolidated basis) (i) will not be insolvent, (ii) will not be left with unreasonably small capital, (iii) will not have incurred debts beyond its ability to pay such debts as they mature, and (iv) will have a fair value and present fair salable value of its assets in excess of its stated liabilities and identified contingent liabilities by at least the total par value of its capital stock.

Solvency Opinion shall have the meaning set forth in Section 8.18.

Solvency Opinion means an opinion delivered by Duff & Xxxxxx to the Board of Directors of the Borrower opining to the solvency of the Borrower and its Subsidiaries on a consolidated basis after giving effect to the Transactions.

Solvency Opinion means the certification from Valuation Research Corporation as to the financial condition, available surplus and solvency of Holdco and the Borrower Entities after giving effect to the transactions contemplated hereby and the incurrence of indebtedness related hereto.