Examples of Solvent in a sentence
On the Eighth Amendment Effective Date (after giving effect to the Transactions) immediately following the making of the Loans and after giving effect to the application of the proceeds of such Loans, Holdings on a consolidated basis with the Restricted Subsidiaries will be Solvent.
On each Closing Date, after giving effect to the Transactions occurring on or prior to such Closing Date, the Borrower and its Subsidiaries, on a consolidated basis, are Solvent.
On the Eighth Amendment Effective Date, the Administrative Agent shall have received a certificate from the Chief Executive Officer, President, the Chief Financial Officer, the Treasurer, the Vice President-Finance, a Director, a Manager, or any other senior financial officer of Holdings or the Borrower to the effect that after giving effect to the consummation of the Transactions, Holdings on a consolidated basis with the Restricted Subsidiaries is Solvent.
Parent is, and immediately after giving effect to the transactions contemplated by this Agreement will continue to be, Solvent.
Issuer is and each Guarantor, when taken as a whole, upon consummation of the transactions contemplated by the Restructuring Support Agreement will be Solvent.