Common use of Solvency Certificates Clause in Contracts

Solvency Certificates. On the Closing Date, the Administrative Agent shall have received Solvency Certificates from the Borrower and CPS dated as of the Closing Date and addressed to the Administrative Agent and Lenders, substantially in the form of Exhibit E-2, attesting that before and after giving effect to the consummation of the transactions contemplated by the Credit Documents, each of the Borrower and CPS, as the case may be, is Solvent.

Appears in 3 contracts

Samples: Revolving Credit Agreement (Consumer Portfolio Services Inc), Revolving Credit Agreement (Consumer Portfolio Services Inc), Revolving Credit Agreement (Consumer Portfolio Services Inc)

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Solvency Certificates. On the Closing Date, the Administrative Agent shall have received a Solvency Certificates Certificate from each of the Borrower Borrower, the Originator and CPS the Company dated as of the Closing Date and addressed to the Administrative Agent and the Lenders, substantially in the form of Exhibit E-2, attesting that before and after giving effect to the consummation of the transactions contemplated by the Credit DocumentsDocuments and the Related Agreements, as applicable, each of the Borrower Borrower, the Originator and CPS, as the case may be, Company is Solvent.

Appears in 3 contracts

Samples: Fifth Amendment Agreement (Mogo Finance Technology Inc.), Second Amendment Agreement (Mogo Finance Technology Inc.), Credit Agreement

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Solvency Certificates. On the Closing Date, the Administrative Agent shall have received Solvency Certificates from the Borrower and CPS dated as of the Closing Date and addressed to the Administrative Agent and Lenders, substantially in the form of Exhibit E-2D-2, attesting that before and after giving effect to the consummation of the transactions contemplated by the Credit Documents, each of the Borrower and CPS, as the case may be, is Solvent.

Appears in 1 contract

Samples: Credit Agreement (Consumer Portfolio Services Inc)

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