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.
Appears in 2 contracts
Samples: Borrowing Base Agreement (TXO Partners, L.P.), Credit Agreement (TXO Partners, L.P.)
Solvency and Insurance. Before and after giving effect to the making of the initial Advances, each of the Loan Parties Party is Solvent. AdditionallyFurthermore, each of the Loan Parties carries Party and its Subsidiaries carry insurance required under Section 5.025.02 of this Agreement.
Appears in 1 contract
Solvency and Insurance. Before and after giving effect to the making of the initial AdvancesLoans, each of the Specified Parties and Loan Parties, on a consolidated basis, Solvent. The Loan Parties is Solvent. Additionally, each of the Loan Parties carries carry insurance required under Section 5.025.02 of this Agreement.
Appears in 1 contract
Samples: Credit Agreement (Trans Energy Inc)
