Common use of Solvent Financial Condition Clause in Contracts

Solvent Financial Condition. Each of Borrower and its Subsidiaries is now and, after giving effect to the Loans to be made hereunder, at all times will be, Solvent.

Appears in 8 contracts

Samples: Loan and Security Agreement (Allied Healthcare Products Inc), Loan and Security Agreement (Restoration Hardware Inc), Loan and Security Agreement (Miltope Group Inc)

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Solvent Financial Condition. Each of Borrower and each of its Subsidiaries Subsidiaries, is now and, after giving effect to the initial Loans to be made hereunderand the initial Letters of Credit and LC Guaranties to be issued hereunder and all related transactions, at all times will be, Solvent.

Appears in 7 contracts

Samples: Loan and Security Agreement (Mfri Inc), Financing and Security Agreement (Henry Co), Loan and Security Agreement (Mfri Inc)

Solvent Financial Condition. Each of Borrower and its Subsidiaries is now and, after giving effect to the Loans to be made and the Letters of Credit and LC Guaranties to be issued hereunder, at all times will be, Solvent.

Appears in 6 contracts

Samples: Loan and Security Agreement (Iwt Tesoro Corp), Loan and Security Agreement (Iwt Tesoro Corp), Loan and Security Agreement (Home Products International Inc)

Solvent Financial Condition. Each of Borrower and its Subsidiaries is now and, after giving effect to the Loans to be made hereunder, at all times will be, Solvent.

Appears in 5 contracts

Samples: Credit Agreement (Cbeyond, Inc.), Credit Agreement (Cbeyond Communications Inc), Loan and Security Agreement (Peregrine Real Estate Trust)

Solvent Financial Condition. Each of Borrower and its Subsidiaries is now and, after giving effect to the initial Loans to be made hereunder, at all times will be, Solvent.

Appears in 3 contracts

Samples: Loan Agreement (Microwave Power Devices Inc), Loan and Security Agreement (Franklin Ophthalmic Instruments Co Inc), Loan and Security Agreement (Cal Dive International Inc)

Solvent Financial Condition. Each of Borrower and its Subsidiaries is now and, after giving effect to the Loans Loan to be made hereunder, at all times will be, Solvent.

Appears in 3 contracts

Samples: Loan Agreement (Friedmans Inc), Loan Agreement (Friedmans Inc), Loan Agreement (Friedmans Inc)

Solvent Financial Condition. Each of Borrower and its Subsidiaries is now and, after giving effect to the Loans to be made and the Letters of Credit and LC Guaranties to be issued hereunder, at all times will be, Solvent.

Appears in 3 contracts

Samples: Loan and Security Agreement (D & K Healthcare Resources Inc), Loan and Security Agreement (United Natural Foods Inc), Loan and Security Agreement (Tmci Electronics Inc)

Solvent Financial Condition. Each of Borrower and its Subsidiaries is now are now, and, after giving effect to the Loans to be made and the Letters of Credit and LC Guaranties to be issued hereunder, at all times will be, Solvent.

Appears in 2 contracts

Samples: Loan and Security Agreement (Gulfside Supply, Inc.), Loan and Security Agreement (Eagle Supply Group Inc)

Solvent Financial Condition. Each of Borrower and its Subsidiaries is now and, after giving effect to the Loans to be made and hereunder, at all times will be, Solvent.

Appears in 2 contracts

Samples: Loan and Security Agreement (Black Warrior Wireline Corp), Loan and Security Agreement (Black Warrior Wireline Corp)

Solvent Financial Condition. Each of Borrower and its Subsidiaries is now and, after giving effect to the initial Loans to be made hereunder, at all times will be, Solvent.

Appears in 2 contracts

Samples: Loan and Security Agreement (Theragenics Corp), Loan and Security Agreement (Theragenics Corp)

Solvent Financial Condition. Each of Borrower and its --------------------------- Subsidiaries is now and, after giving effect to the Loans to be made hereunder, at all times will be, Solvent.

Appears in 2 contracts

Samples: Loan and Security Agreement (Master Graphics Inc), Loan and Security Agreement (Restoration Hardware Inc)

Solvent Financial Condition. Each of Borrower and its respective Subsidiaries is are now and, after giving effect to the Loans to be made to be issued hereunder, at all times will be, Solvent.

Appears in 2 contracts

Samples: Loan and Security Agreement (Advanced Technical Products Inc), Loan and Security Agreement (Advanced Technical Products Inc)

Solvent Financial Condition. Each of Borrower and each of its Subsidiaries is now and, after giving effect to the Loans to be made hereunder, at all times will be, Solvent.

Appears in 2 contracts

Samples: Loan and Security Agreement (Morgan Products LTD), Loan and Security Agreement (Color Spot Nurseries Inc)

Solvent Financial Condition. Each of Borrower and each of its Subsidiaries is now and, after giving effect to the Loans to be made hereunder, at all times will be, Solvent.

Appears in 2 contracts

Samples: Loan and Security Agreement (Eagle Pacific Industries Inc/Mn), Loan and Security Agreement (Eagle Pacific Industries Inc/Mn)

Solvent Financial Condition. Each of Borrower and its Subsidiaries is now now, and, after giving effect to the Loans to be made hereundermade, at all times will be, Solvent.

Appears in 2 contracts

Samples: Loan and Security Agreement (Eagle Supply Group Inc), Loan and Security Agreement (Eagle Supply Group Inc)

Solvent Financial Condition. Each of Borrower and its Subsidiaries is now are now, and, after giving effect to the Loans to be made hereundermade, at all times will be, Solvent.

Appears in 1 contract

Samples: Loan and Security Agreement (Eagle Supply Group Inc)

Solvent Financial Condition. Each of Borrower and each of its Subsidiaries is now and, after giving effect to the Acquisition, the Loans to be made hereunderhereunder and all Letters of Credit to be issued on the Closing Date, at all times will be, Solvent.

Appears in 1 contract

Samples: Loan and Security Agreement (Atlantic Premium Brands LTD)

Solvent Financial Condition. Each of Borrower and its Subsidiaries each of the Restricted Subsidiaries, is now and, after giving effect to the Advances under the Revolving Facility and the Term Loans to be made hereunderhereunder and all related transactions, at all times will be, Solvent.

Appears in 1 contract

Samples: Revolving Credit, Term Loan and Security Agreement (Air Methods Corp)

Solvent Financial Condition. Each of The Borrower and its Subsidiaries is now --------------------------- Subsidiaries, taken as a whole, are and, after giving effect to the Loans to be made and the Letters of Credit and LC Guaranties to be issued hereunder, at all times will be, Solvent.

Appears in 1 contract

Samples: Loan and Security Agreement (Moore Medical Corp)

Solvent Financial Condition. Each of Borrower and its Subsidiaries is now and, after giving effect to the Loans to be made and the Letters of Credit (including the Existing Letter of Credit) and LC Guaranties to be issued hereunder, at all times will be, Solvent.

Appears in 1 contract

Samples: Credit Agreement (Drypers Corp)

Solvent Financial Condition. Each of Borrower and each of its ---------------------------- Subsidiaries is now and, after giving effect to the Loans to be made hereunder, at all times will be, Solvent.

Appears in 1 contract

Samples: Loan and Security Agreement (Litchfield Financial Corp /Ma)

Solvent Financial Condition. Each of Borrower and its Subsidiaries is now and, after giving effect to the Loans to be made hereundermade, at all times will be, Solvent.

Appears in 1 contract

Samples: Equipment Loan Note (Pure World Inc)

Solvent Financial Condition. Each of Borrower and its each of their respective Subsidiaries is now and, after giving effect to the Loans to be made and the Letters of Credit, and LC Guaranties to be issued hereunder, at all times will be, Solvent.

Appears in 1 contract

Samples: Loan and Security Agreement (Vista 2000 Inc)

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Solvent Financial Condition. Each of Borrower and its Subsidiaries is now and, after giving effect to the Loans Facility to be made hereunderby Bank, at all times will be, be Solvent.

Appears in 1 contract

Samples: Loan Agreement (Biodelivery Sciences International Inc)

Solvent Financial Condition. Each of Borrower and its Subsidiaries is now and, after giving effect to the Loans to be made hereunder, at all times will be, Solvent.

Appears in 1 contract

Samples: Loan and Security Agreement (Open Plan Systems Inc)

Solvent Financial Condition. Each of Borrower and its --------------------------- Subsidiaries is now and, after giving effect to the Loans to be made and the Letters of Credit and LC Guaranties to be issued hereunder, at all times will be, Solvent.

Appears in 1 contract

Samples: Loan and Security Agreement (D & K Healthcare Resources Inc)

Solvent Financial Condition. Each of Borrower and its each of their respective Subsidiaries is now and, after giving effect to the Loans to be made hereunder, at all times will be, Solvent.

Appears in 1 contract

Samples: Loan and Security Agreement (Integra Lifesciences Corp)

Solvent Financial Condition. Each of Borrower and its Subsidiaries is now and, after giving effect to the Loans Loan to be made hereunder, at all times will be, Solvent.

Appears in 1 contract

Samples: Term Loan Agreement (United Natural Foods Inc)

Solvent Financial Condition. Each of Borrower and each of its Subsidiaries is now and, after giving effect to the Loans to be made and the Letters of Credit and LC Guaranties to be issued hereunder, at all times will be, Solvent.

Appears in 1 contract

Samples: Loan and Security Agreement (KVH Industries Inc \De\)

Solvent Financial Condition. Each of Borrower and its Subsidiaries is now and, after giving effect to the initial Loans to be made hereunder, at all times will be, Solvent.

Appears in 1 contract

Samples: Loan and Security Agreement (Factory Card Outlet Corp)

Solvent Financial Condition. Each of Borrower and its Subsidiaries is now and, after giving effect to the Loans to be made hereunderhereunder and the issuance of the Special Purpose Credit, at all times will be, Solvent.

Appears in 1 contract

Samples: Loan and Security Agreement (Mothers Work Inc)

Solvent Financial Condition. Each of Borrower and its Subsidiaries on a consolidated basis is now and, after giving effect to the Loans to be made hereundermade, at all times will be, Solvent.

Appears in 1 contract

Samples: Loan and Security Agreement (Northwestern Steel & Wire Co)

Solvent Financial Condition. Each of Borrower and each of its Subsidiaries Consolidated Subsidiaries, is now and, after giving effect to the Loans Advances under the Revolving Facility and the Term Loan to be made hereunderhereunder and all related transactions including the consummation of the OF Acquisition Agreement, at all times will be, Solvent.

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Air Methods Corp)

Solvent Financial Condition. Each of Borrower and its respective Subsidiaries is are now and, after giving effect to the Loans to be made and the Letters of Credit and LC Guaranties to be issued hereunder, at all times will be, Solvent.

Appears in 1 contract

Samples: Loan and Security Agreement (Bayard Drilling Technologies Inc)

Solvent Financial Condition. Each of Borrower and each of its Subsidiaries is now and, after giving effect to the Loans to be made hereunder, at all times will be, Solvent.

Appears in 1 contract

Samples: Loan and Security Agreement (Measurement Specialties Inc)

Solvent Financial Condition. Each of Parent, Borrower and its their Subsidiaries is now and, after giving effect to the Loans to be made hereunder, at all times will be, Solvent.

Appears in 1 contract

Samples: Loan and Security Agreement (Rowecom Inc)

Solvent Financial Condition. Each of Borrower and its Subsidiaries is now and, after giving effect to the initial Loans to be made hereunder, at all times will be, Solvent.

Appears in 1 contract

Samples: Loan and Security Agreement (Brazos Sportswear Inc /De/)

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