Solvency; No Litigation, Violation, Indebtedness or Default; ERISA Compliance. (a) The Borrower and its Subsidiaries on a consolidated basis are, and after giving effect to the Transactions, will be Solvent.
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Samples: Credit Agreement (Pacific Ethanol, Inc.), Assignment and Assumption (Aventine Renewable Energy Holdings Inc), Credit Agreement (Aventine Renewable Energy Holdings Inc)
Solvency; No Litigation, Violation, Indebtedness or Default; ERISA Compliance. (a) The (i) Borrower and its Subsidiaries on a consolidated basis areis, and after giving effect to the TransactionsLoan, Borrower will be be, on a consolidated basis, Solvent.
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