Common use of Solvency Assurances Clause in Contracts

Solvency Assurances. On the Closing Date, the Administrative Agent and the Lenders shall have received an Officer's Certificate from the chief financial officer of Holdings dated the Closing Date, substantially in the form of Exhibit I annexed hereto and with appropriate attachments, in each case demonstrating that, after giving effect to the consummation of the transactions contemplated by the Loan Documents, Holdings and each of its Subsidiaries will be Solvent on a consolidated basis.

Appears in 1 contract

Samples: Credit Agreement (Ak Steel Holding Corp)

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Solvency Assurances. On the Closing Date, the Administrative Agent and the Lenders shall have received an Officer's Certificate from the chief financial officer of Holdings Company dated the Closing Date, substantially in the form of Exhibit I XI annexed hereto and with appropriate attachments, in each case demonstrating that, after giving effect to the consummation of the transactions contemplated by the Loan Documents, Holdings Borrower and each of its Subsidiaries will be Solvent the Guarantors on a consolidated basisbasis will be Solvent.

Appears in 1 contract

Samples: Credit Agreement (Ethyl Corp)

Solvency Assurances. On the Closing Date, the Administrative Agent and the Lenders shall have received an Officer's Certificate from the chief financial officer of Holdings Company dated the Closing Date, substantially in the form of Exhibit I XI annexed hereto and with appropriate attachments, in each case demonstrating that, after giving effect to the consummation of the transactions contemplated by the Loan Documents, Holdings Company and each of its Subsidiaries Subsidiary Guarantor will be Solvent on a consolidated basisSolvent.

Appears in 1 contract

Samples: Credit Agreement (Itron Inc /Wa/)

Solvency Assurances. On the Closing Date, the Administrative Agent and the Lenders shall have received an Officer's ’s Certificate from the chief financial officer of Holdings Company and its Subsidiaries, certified by a Financial Officer of Company, dated the Closing Date, substantially in the form of Exhibit I VI annexed hereto and with appropriate attachmentshereto, in each case demonstrating certifying that, after giving effect to the consummation of the transactions contemplated by the Loan Documents and First Lien Credit Documents, Holdings Company and each of its Subsidiaries will be Solvent on a consolidated basisbasis will be Solvent.

Appears in 1 contract

Samples: Second Lien Credit Agreement (Panolam Industries International Inc)

Solvency Assurances. On the Closing Date, the Administrative Agent and the Lenders shall have received an Officer's ’s Certificate from of the chief financial officer of Holdings Company dated the Closing Date, substantially in the form of Exhibit I X annexed hereto and with appropriate attachments, in each case demonstrating that, after giving effect to the consummation of the transactions contemplated by the Loan Documents, Holdings the Borrowers and each of its Subsidiaries will be Solvent guaranteeing Subsidiary on a consolidated basisbasis will be Solvent.

Appears in 1 contract

Samples: Credit Agreement (Sybron Dental Specialties Inc)

Solvency Assurances. On the Closing Date, the Administrative Agent and the Lenders shall have received an Officer's Certificate from of the chief financial officer of Holdings dated the Closing Date, substantially in the form of Exhibit I XI annexed hereto and with appropriate attachments, in each case demonstrating that, after giving effect to the consummation of the transactions contemplated by the Loan Documents, Holdings Holdings, the Borrowers and each of its Subsidiaries will be Solvent guaranteeing Subsidiary on a consolidated basisbasis will be Solvent.

Appears in 1 contract

Samples: Credit Agreement (Sybron Dental Specialties Inc)

Solvency Assurances. On the Closing Date, the Administrative Agent and the Lenders shall have received an Officer's ’s Certificate from the chief financial officer of Holdings Company dated the Closing Date, substantially in the form of Exhibit I X annexed hereto and with appropriate attachments, in each case demonstrating that, after giving effect to the consummation of the Recapitalization and the transactions contemplated by the Loan DocumentsDocuments and the Second Lien Term Loan Agreement, (i) Holdings and each of its Subsidiaries will be Solvent on a consolidated basis and (ii) Company and its Subsidiaries on a consolidated basis, will be Solvent.

Appears in 1 contract

Samples: Credit Agreement (Bare Escentuals Inc)

Solvency Assurances. On the Closing Date, the Administrative Agent and the Lenders shall have received an Officer's ’s Certificate from the chief financial officer of Holdings Company dated the Closing Date, substantially in the form of Exhibit I X annexed hereto and with appropriate attachments, in each case demonstrating that, after giving effect to the consummation of the Recapitalization and the transactions contemplated by the Loan DocumentsDocuments and the First Lien Credit Agreement, (i) Holdings and each of its Subsidiaries will be Solvent on a consolidated basisbasis and (ii) Company and its Subsidiaries on a consolidated basis will be Solvent.

Appears in 1 contract

Samples: Term Loan Agreement (Bare Escentuals Inc)

Solvency Assurances. On the Closing Date, the Administrative Agent and the Lenders shall have received an Officer's ’s Certificate from the chief financial officer of Holdings Company dated the Closing Date, substantially in the form of Exhibit I X annexed hereto and with appropriate attachments, in each case demonstrating that, after giving effect to the consummation of the transactions contemplated by the Loan Documents, Holdings Company and each of its Subsidiaries guaranteeing Subsidiary Guarantor taken as a whole will be Solvent on a consolidated basisSolvent.

Appears in 1 contract

Samples: Credit Agreement (Griffiths Pile Driving Inc)

Solvency Assurances. On the Closing Date, the Administrative Agent and the Lenders shall have received an Officer's Certificate from the chief financial officer of Holdings Company dated the Closing Date, substantially in the form of Exhibit I X annexed hereto and with appropriate attachments, in each case demonstrating that, after giving effect to the consummation of the transactions contemplated by the Loan Documents, Holdings Company and each of its Subsidiaries guaranteeing Subsidiary Guarantor taken as a whole will be Solvent on a consolidated basisSolvent.

Appears in 1 contract

Samples: Credit Agreement (Nacg Finance LLC)

Solvency Assurances. On the Closing Date, the Administrative Agent and the Lenders shall have received an Officer's Certificate of Company from the its chief financial officer of Holdings dated the Closing Date, substantially in the form of Exhibit I XII annexed hereto and with appropriate attachments, in each case demonstrating that, after giving effect to the consummation of the transactions contemplated by the Loan Documents, Holdings Company and each of its Subsidiaries guaranteeing Subsidiary will be Solvent on a consolidated basisSolvent.

Appears in 1 contract

Samples: Credit Agreement (PRA International)

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Solvency Assurances. On the Closing Date, the Administrative Agent and the Lenders shall have received an Officer's ’s Certificate from the chief financial officer of Holdings Company dated the Closing Date, substantially in the form of Exhibit I X annexed hereto and with appropriate attachments, in each case demonstrating that, after giving effect to the consummation of the transactions contemplated by the Loan DocumentsDocuments and the Related Agreements, Holdings Company and each of Company and its Subsidiaries will be Solvent on a consolidated basisbasis will be Solvent.

Appears in 1 contract

Samples: Credit Agreement (Propex International Holdings II Inc.)

Solvency Assurances. On the Closing Date, the Administrative Agent and the Lenders shall have received an Officer's ’s Certificate from the of Company, signed by Company’s chief financial officer of Holdings officer, dated the Closing Date, substantially in the form of Exhibit I XI annexed hereto and with appropriate attachments, in each case demonstrating that, after giving effect to the consummation of the transactions contemplated by the Loan Documents, Holdings Company and each of its Subsidiaries will be Solvent Subsidiary Guarantor on a consolidated basisbasis will be Solvent.

Appears in 1 contract

Samples: Credit Agreement (Ruths Hospitality Group, Inc.)

Solvency Assurances. On the Closing Date, the Administrative Agent and the Lenders shall have received an Officer's ’s Certificate from the chief financial officer of Holdings Company dated the Closing Date, substantially in the form of Exhibit I XI annexed hereto and with appropriate attachments, in each case demonstrating that, after giving effect to the consummation of the transactions contemplated by the Loan Documents, Holdings Company and each of its Subsidiaries will be Solvent Subsidiary Guarantor on a consolidated basisbasis will be Solvent.

Appears in 1 contract

Samples: Credit Agreement (Hexcel Corp /De/)

Solvency Assurances. On the Closing Date, the Administrative Agent and the Lenders shall have received an Officer's ’s Certificate from the chief financial officer of Holdings Company dated the Closing Date, substantially in the form of Exhibit I X annexed hereto and with appropriate attachments, in each case demonstrating that, after giving effect to the consummation of the transactions contemplated by the Loan DocumentsDocuments and the Related Agreements, Holdings Company and each of its Subsidiaries will be Solvent on a consolidated basisbasis will be Solvent.

Appears in 1 contract

Samples: Credit Agreement (Propex Fabrics Inc.)

Solvency Assurances. On the Closing Date, the Administrative Agent and the Lenders shall have received an Officer's Certificate from the chief financial officer of Holdings Company dated the Closing Date, substantially in the form of Exhibit I XI annexed hereto and with appropriate attachments, in each case demonstrating that, after giving effect to the consummation of the Reorganization, the Company Merger and the transactions contemplated by the Loan Documents, Holdings and each of its Subsidiaries Subsidiary will be Solvent on a consolidated basisSolvent.

Appears in 1 contract

Samples: Credit Agreement (Arris Group Inc)

Solvency Assurances. On the Closing Date, the Administrative Agent and the Lenders shall have received an Officer's ’s Certificate from the chief financial officer of Holdings Company and its Subsidiaries, certified by a Financial Officer of Company, dated the Closing Date, substantially in the form of Exhibit I X annexed hereto and with appropriate attachmentshereto, in each case demonstrating certifying that, after giving effect to the consummation of the transactions contemplated by the Loan DocumentsDocuments and Related Agreements, Holdings Company and each of its Subsidiaries will be Solvent on a consolidated basisbasis will be Solvent.

Appears in 1 contract

Samples: Credit Agreement (Panolam Industries International Inc)

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