Solvency and Insurance. Before and after giving effect to the making of the initial Advances (or deemed issuance thereof under Section 2.01(b)), each of the Borrower and its Subsidiaries is Solvent. Additionally, each of the Borrower and its Subsidiaries carry insurance required under Section 5.02 of this Agreement.
Solvency and Insurance. None of the transactions contemplated by this Agreement will be or have been made with an actual intent to hinder, delay, or defraud any present or future creditors of Recipient. The Recipient is solvent and will not be rendered insolvent by the transactions contemplated by this Agreement. The Recipient is able to pay its debts as they become due. The Recipient maintains sufficient insurance coverage considering the scope of this Agreement, including, for example but not necessarily limited to, general liability, automobile liability, workers compensation and employer liability, professional liability.
Solvency and Insurance. Before and after giving effect to the making of the Advances and after giving effect to the Closing Date Acquisition, each of the Borrower and its Subsidiaries is Solvent. Additionally, each of the Borrower and its Subsidiaries carry insurance required under Section 5.02.
Solvency and Insurance. Before and after giving effect to the making of the initial Advances, each of the Loan Parties is Solvent. Additionally, each of the Loan Parties carries insurance required under Section 5.02.
Solvency and Insurance. Before and after giving effect to the making of the initial Loans, the Borrower and each of its Restricted Subsidiaries is Solvent. Furthermore, each of the Borrower and its Restricted Subsidiaries carry insurance required under Section 5.02 of this Agreement.
Solvency and Insurance. 54 Section 4.20 Hedging Agreements...................................................................54 Section 4.21
Solvency and Insurance. Before and after giving effect to the making of any Advance and before and after giving effect to the WO Energy Acquisition, each of the Borrower and its Subsidiaries is Solvent. Additionally, each of the Borrower and its Subsidiaries carry insurance required under Section 5.02 of this Agreement.
Solvency and Insurance. 57 Section 4.20 Hydrocarbon Hedge Agreements.........................................................57 Section 4.21 Material Agreements..................................................................58
Solvency and Insurance. As of the Closing Date, Borrowers, and their respective Subsidiaries and each Guarantor is Solvent.
Solvency and Insurance. As of the Closing Date, after giving effect to the Restructuring Transactions and the reduction of indebtedness effectuated by this Agreement, Borrowers, and their respective Subsidiaries and each Guarantor, is Solvent.
