Common use of Guarantor Solvency Clause in Contracts

Guarantor Solvency. So long as any Obligations or any Guaranteed Obligations are unpaid or outstanding, any Obligations under the Loan Documents are unperformed or any of the Commitments are in effect, each of the Guarantors at all times shall be Solvent.

Appears in 4 contracts

Samples: Credit Agreement (America Service Group Inc /De), Credit Agreement (America Service Group Inc /De), Credit Agreement (Nn Inc)

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Guarantor Solvency. So long as any Obligations or any Guaranteed Obligations are outstanding, unpaid or outstanding, any Obligations under the Loan Documents are unperformed or any of the Commitments are in effect, each of the Guarantors at all times shall be Solvent.

Appears in 2 contracts

Samples: Credit Agreement (I Trax Inc), Credit Agreement (Symbion Inc/Tn)

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Guarantor Solvency. So long as any Obligations or any Guaranteed Obligations are unpaid or outstanding, any Obligations Obliga tions under the Loan Documents are unperformed or any of the Commitments Com mitments are in effect, each of the Guarantors at all times shall be Solvent.

Appears in 1 contract

Samples: Credit Agreement (America Service Group Inc /De)

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