Common use of Solvency Certificate; Insurance Certificates Clause in Contracts

Solvency Certificate; Insurance Certificates. On the Initial Borrowing Date, the Administrative Agent shall have received: (i) a solvency certificate from the chief financial officer of Holdings in the form of Exhibit J; and (ii) certificates of insurance complying with the requirements of Section 9.03 for the business and properties of Holdings and its Subsidiaries, in form and substance reasonably satisfactory to the Administrative Agent and naming the Collateral Agent as an additional insured and/or as loss payee.

Appears in 1 contract

Samples: Credit Agreement (Town Sports International Holdings Inc)

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Solvency Certificate; Insurance Certificates. On the Initial Borrowing Date, the Administrative Agent shall have received: (i) a solvency certificate from the chief financial officer of Holdings in the form of Exhibit JJ hereto; and (ii) certificates of insurance complying with the requirements of Section 9.03 for the business and properties of the Holdings and its Subsidiaries, in form and substance reasonably satisfactory to the Administrative Agent and naming the Collateral Agent as an additional insured and/or as loss payee.

Appears in 1 contract

Samples: Credit Agreement (Town Sports International Holdings Inc)

Solvency Certificate; Insurance Certificates. On the Initial Borrowing Date, the Administrative Agent shall have received: (i) a solvency certificate from the chief financial officer of Holdings the Borrower in the form of Exhibit JI; and (ii) certificates of insurance complying with the requirements of Section 9.03 for the business and properties of Holdings the Borrower and its Subsidiaries, in form and substance reasonably satisfactory to the Administrative Agent and naming the Collateral Agent as an additional insured and/or as loss payee.

Appears in 1 contract

Samples: Credit Agreement (Affinity Gaming, LLC)

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Solvency Certificate; Insurance Certificates. On the Initial Borrowing Date, the Administrative Agent shall have received: (i) a solvency certificate from the chief financial officer of Holdings the Borrower in the form of Exhibit J; and (ii) certificates of insurance complying with the requirements of Section 9.03 8.03 for the business and properties of Holdings the Borrower and its Subsidiaries, in form and substance reasonably satisfactory to the Administrative Agent and naming the Collateral Agent as an additional insured and/or as loss payeeAgent.

Appears in 1 contract

Samples: Credit Agreement (Magellan Health Services Inc)

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