Common use of No Change; Solvent Clause in Contracts

No Change; Solvent. (a) Since December 31, 2016, except as and to the extent disclosed on Schedule 5.2, there has been no development or event relating to or affecting any Loan Party which has had or would be reasonably expected to have a Material Adverse Effect, and (b) as of the Effective Date, after giving effect to the incurrence of the Indebtedness pursuant hereto, the Borrower and its Subsidiaries, on a consolidated basis, are Solvent.

Appears in 2 contracts

Samples: Credit Agreement (Graphic Packaging International, LLC), Credit Agreement (International Paper Co /New/)

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No Change; Solvent. (a) Since December 31, 20162011, except as and to the extent disclosed on Schedule 5.2, there has been no development or event relating to or affecting any Loan Party which has had or would be reasonably expected to have a Material Adverse Effect, and (b) as of the Effective Date, after giving effect to the incurrence of the Indebtedness pursuant hereto, the Borrower and its Subsidiaries, on a consolidated basis, are is Solvent.

Appears in 1 contract

Samples: Credit Agreement (Graphic Packaging Holding Co)

No Change; Solvent. (a) Since December 31, 20162023, except as and to the extent disclosed on Schedule 5.2, there has been no development or event relating to or affecting any Loan Party which has had or would be reasonably expected to have a Material Adverse Effect, and (b) as of the Effective Date, after giving effect to the incurrence of the Indebtedness pursuant hereto, the each Borrower and its Subsidiaries, on a consolidated basis, are is Solvent.

Appears in 1 contract

Samples: Credit Agreement (Graphic Packaging Holding Co)

No Change; Solvent. (a) Since December 31, 20162020, except as and to the extent disclosed on Schedule 5.2, there has been no development or event relating to or affecting any Loan Party which has had or would be reasonably expected to have a Material Adverse Effect, and (b) as of the Effective Date, after giving effect to the incurrence of the Indebtedness pursuant hereto, the each Borrower and its Subsidiaries, on a consolidated basis, are is Solvent.

Appears in 1 contract

Samples: Credit Agreement (Graphic Packaging International, LLC)

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No Change; Solvent. (a) Since December March 31, 20161996, except as and to the extent disclosed on Schedule 5.25.2(a) hereto, there has been no development or event relating to or affecting any Loan Party which has had or would be reasonably expected to have a Material Adverse Effect, and Effect (after giving effect to the Transactions). (b) as As of the Effective Date, after giving effect to the incurrence consummation of the Indebtedness pursuant heretoTransactions, the Borrower and its Subsidiaries, on a consolidated basis, are is Solvent.

Appears in 1 contract

Samples: Credit Agreement (Telex Communications Inc)

No Change; Solvent. (a) Since December 31, 2016, except as and to the extent disclosed on Schedule 5.2, there has been no development or event relating to or affecting any Loan Party which has had or would be reasonably expected to have a Material Adverse Effect, and (b) as of the Effective Date, after giving effect to the incurrence of the Indebtedness pursuant hereto, the each Borrower and its Subsidiaries, on a consolidated basis, are is Solvent.

Appears in 1 contract

Samples: Credit Agreement (Graphic Packaging International, LLC)

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