Common use of Solvency Assurances Clause in Contracts

Solvency Assurances. On the Effective Date, Administrative Agent and Lenders shall have received an Officer’s Certificate of Borrower dated the Effective Date, substantially in the form of Exhibit XI annexed hereto, demonstrating that, after giving effect to the consummation of the transactions contemplated by the Loan Documents, each Loan Party and Borrower and its Subsidiaries, on a consolidated basis, will be Solvent.

Solvency Assurances. On the Effective Date, Administrative Agent and Lenders shall have received an Officer’s Certificate of Borrower dated the Effective Date, substantially in the form of Exhibit XI annexed heretohereto and with appropriate attachments, demonstrating that, after giving effect to the consummation of the Transactions and the transactions contemplated by the Loan Documents, each Loan Party Borrower, in its individual capacity, and Borrower and its Subsidiaries, on a consolidated basis, will be Solvent.

Solvency Assurances. On the Effective Date, Administrative Agent and Lenders shall have received an Officer’s Certificate of Borrower dated the Effective Date, substantially in the form of Exhibit XI annexed heretohereto and with appropriate attachments, demonstrating that, after giving effect to the consummation of the Transactions and the transactions contemplated by the Loan Documents, each Loan Party and Borrower and its Subsidiaries, on a consolidated basis, will be Solvent.

Solvency Assurances. On the Effective Date, Administrative Agent and Lenders shall have received an Officer’s Certificate of Borrower dated the Effective Date, substantially in the form of Exhibit XI X annexed heretohereto and with appropriate attachments, in each case demonstrating that, after giving effect to the consummation of the transactions contemplated by the Loan Documents, each Loan Party and Borrower and its Subsidiaries, the Guarantors on a consolidated basis, basis will be Solvent.

Solvency Assurances. On the Effective Date, Administrative Agent and Lenders shall have received an Officer’s 's Certificate of Borrower dated the Effective Date, substantially in the form of Exhibit XI annexed hereto, ---------- demonstrating that, after giving effect to the consummation of the transactions contemplated by the Loan Documents, each Loan Party and Borrower and its Subsidiaries, on a consolidated basis, will be Solvent.

Solvency Assurances. On the Effective Date, Administrative Agent and Lenders shall have received an Officer’s 's Certificate of Borrower dated the Effective Date, substantially in the form of Exhibit XI XIII annexed heretohereto and with appropriate attachments, in each case demonstrating that, after giving effect to the consummation of the Transactions and the transactions contemplated by the Loan Documents, Borrower and each Loan Party Subsidiary Guarantor (other than T-S Holding) will be Solvent and Borrower and its Subsidiaries, on a consolidated basis, will be are Solvent.