Common use of Financial Condition/Solvency Certificate Clause in Contracts

Financial Condition/Solvency Certificate. The Borrower shall have delivered to the Administrative Agent a certificate, in form and substance satisfactory to the Administrative Agent, and certified as accurate by the chief financial officer of the Borrower, that (A) after giving effect to the Transactions, each Credit Party and each Subsidiary thereof is each Solvent and (B) the financial projections previously delivered to the Administrative Agent represent the good faith estimates (utilizing reasonable assumptions) of the financial condition and operations of the Borrower and its Subsidiaries.

Appears in 3 contracts

Samples: Credit Agreement (Kronos Worldwide Inc), Credit Agreement (Federal Signal Corp /De/), Credit Agreement (Kronos Worldwide Inc)

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Financial Condition/Solvency Certificate. The Borrower shall have delivered to the Administrative Agent a certificate, in form and substance satisfactory to the Administrative Agent, and certified as accurate by the chief financial officer of the BorrowerHoldings, that (A) after giving effect to the Transactions, each the Credit Party Parties and each Subsidiary thereof is each Solvent their Subsidiaries, taken as a whole, are Solvent, and (B) the financial projections previously delivered to the Administrative Agent represent the good faith estimates (utilizing reasonable assumptions) of the financial condition and operations of the Borrower Holdings and its Subsidiaries.

Appears in 2 contracts

Samples: Credit Agreement (Blucora, Inc.), Credit Agreement (Blucora, Inc.)

Financial Condition/Solvency Certificate. The Borrower shall have delivered to the Administrative Agent a certificate, in form and substance satisfactory to the Administrative Agent, and certified as accurate by the chief financial officer of the Borrower, that (A) after giving effect to the Transactions, each the Borrower is Solvent and the Credit Party and each Subsidiary thereof is each Parties (on a consolidated basis) are Solvent and (B) the financial projections previously delivered to the Administrative Agent pursuant to Section 4.1(d)(ii) represent the good faith estimates (utilizing reasonable assumptions) of the financial condition and operations of the Borrower and its Subsidiaries.

Appears in 1 contract

Samples: Patent Security Agreement (Turning Point Brands, Inc.)

Financial Condition/Solvency Certificate. The Borrower shall have delivered to the Administrative Agent a certificate, in form and substance reasonably satisfactory to the Administrative Agent, and certified as accurate by the chief financial officer or principal accounting officer of the Borrower, that (A) after giving effect to the Transactions, each the Credit Party Parties and each Subsidiary thereof is each Solvent their Subsidiaries, on a Consolidated basis, are Solvent, and (B) the financial projections previously delivered to the Administrative Agent represent the good faith estimates (utilizing reasonable assumptions) of the financial condition and operations of the Borrower and its Subsidiaries.

Appears in 1 contract

Samples: Credit Agreement (Kforce Inc)

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Financial Condition/Solvency Certificate. The Borrower shall have delivered to the Administrative Agent a certificate, in form and substance reasonably satisfactory to the Administrative Agent, and certified as accurate by the chief financial officer of the Borrower, that (A) after giving effect to the Transactions, each the Borrower is, and the Credit Party and each Subsidiary thereof is each Parties, taken as a whole, are Solvent and (B) the financial projections previously delivered to the Administrative Agent represent the good faith estimates (utilizing reasonable assumptions) of the financial condition and operations of the Borrower and its Subsidiaries.

Appears in 1 contract

Samples: Credit Agreement (Zoe's Kitchen, Inc.)

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