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.
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Samples: Subordinated Credit Agreement (Abraxas Energy Partners LP), Subordinated Credit Agreement (Abraxas Petroleum Corp)
Solvency and Insurance. Before and after giving effect to the making of the initial 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.
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Solvency and Insurance. Before and after giving effect to the making of the initial Advances and after giving effect to the Closing Date Acquisition, each of the Borrower and its Subsidiaries is Solvent. Additionally, 57 each of the Borrower and its Subsidiaries carry insurance required under Section 5.02.
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