Common use of Solvency of Borrower Clause in Contracts

Solvency of Borrower. Borrower is, and after consummation of the transactions contemplated by this Agreement (including the making of the Loans and the issuance of the Credits), and after giving effect to all obligations incurred by Borrower in connection herewith, will be, Solvent.

Appears in 1 contract

Samples: Loan Agreement (Omni Energy Services Corp)

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Solvency of Borrower. Borrower isis and, and after consummation of the transactions contemplated by this Agreement (including the making of the Loans and the issuance of the CreditsLoans), and after giving effect to all obligations incurred by Borrower in connection herewith, will be, Solvent.

Appears in 1 contract

Samples: Credit Agreement (Black Ridge Oil & Gas, Inc.)

Solvency of Borrower. Borrower is, is and after consummation of the transactions contemplated by this Agreement (including the making of the Loans and the issuance of the CreditsLoan), and after giving effect to all obligations incurred by Borrower in connection herewith, will be, Solvent.

Appears in 1 contract

Samples: Credit Agreement (International Shipholding Corp)

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Solvency of Borrower. Borrower is, and after consummation of the transactions contemplated by this Agreement (including the making of the Loans and the issuance of the CreditsTerm Loan), and after giving effect to all obligations incurred by Borrower in connection herewith, will be, Solvent.

Appears in 1 contract

Samples: Loan Agreement (Emerging Alpha Corp)

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