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 (Media Sciences International Inc), Loan and Security Agreement (Restoration Hardware Inc)
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 6 contracts
Samples: Loan and Security Agreement (Mfri Inc), Loan and Security Agreement (Mfri Inc), Financing and Security Agreement (Henry Co)
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 (Home Products International Inc), Loan and Security Agreement (Iwt Tesoro 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 5 contracts
Samples: Credit Agreement (Cbeyond, Inc.), Credit Agreement (Cbeyond Communications Inc), Loan and Security Agreement (Denali Inc)
Solvent Financial Condition. Each of Borrower and its Subsidiaries is now Solvent and, after giving effect to the Loans to be made hereunder, at all times the Letters of Credit to be issued in connection herewith and the consummation of the other transactions described in the Loan Documents, Borrower and each of its Subsidiaries will be, be Solvent.
Appears in 3 contracts
Samples: Loan and Security Agreement (Metromedia International Group Inc), Loan and Security Agreement (Amerigroup Corp), Loan and Security Agreement (Toms Foods 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 (United Natural Foods Inc), Loan and Security Agreement (D & K Healthcare Resources Inc), Loan and Security Agreement (Tmci Electronics 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 3 contracts
Samples: Loan and Security Agreement (Microwave Power Devices Inc), Loan and Security Agreement (Cal Dive International Inc), Loan and Security Agreement (Franklin Ophthalmic Instruments Co Inc)
Solvent Financial Condition. Each of Borrower and each of its Subsidiaries is now Solvent and, after giving effect to the Loans to be made hereunder, at all times the Letters of Credit to be issued in connection herewith and the consummation of the other transactions described in the Loan Documents, each Borrower and each of its Subsidiaries will be, be Solvent.
Appears in 3 contracts
Samples: Loan and Security Agreement (Standard Register Co), Loan and Security Agreement (Standard Register Co), Loan and Security Agreement (Proxymed Inc /Ft Lauderdale/)
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 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 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 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 its Subsidiaries is now and, after giving effect to the Loans to be made hereunderand the Letters of Credit and LC Guaranties to be issued hereunder and the application of the proceeds thereof, at all times will be, Solvent.
Appears in 2 contracts
Samples: Loan and Security Agreement (Meade Instruments Corp), Loan and Security Agreement (Meade Instruments Corp)
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 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 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 Borrower, and each of Borrower and its Subsidiaries Subsidiaries, taken as a whole, 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 (Questron Technology Inc), Loan and Security Agreement (Questron Technology 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 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 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: And Consolidated Loan and Security Agreement (Eagle Supply Group Inc)
Solvent Financial Condition. (i) Each of Borrower Borrower, on an individual basis, and (ii) Holdings and its Subsidiaries is on a Consolidated basis, are now and, after giving effect to the Loans initial extensions of credit to be made hereunder, at all times will be, Solvent.
Appears in 1 contract
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 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
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
Solvent Financial Condition. Each of Borrower and each of its Subsidiaries is now as of the date hereof 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 1 contract
Samples: Loan and Security Agreement (Cambium Learning Group, Inc.)
Solvent Financial Condition. Each of Borrower and its Subsidiaries is now and, after giving effect to the Loans New Loan to be made hereunder, at all times will be, Solvent.
Appears in 1 contract
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
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 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 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
Solvent Financial Condition. Each of Borrower and its Subsidiaries is now and, immediately after giving effect to the Loans consummation of the transactions contemplated and the advances to be made hereunder, at all times will be, Solvent.
Appears in 1 contract
Solvent Financial Condition. Each of Borrower and each of its --------------------------- Subsidiaries is now is, as of the date hereof, 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 1 contract
Samples: Loan and Security Agreement (Falcon Products 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 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 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 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 1 contract
Samples: Loan and Security Agreement (Borden Chemicals & Plastics Limited Partnership /De/)
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 hereunderand the provisions of Section 11.17 of this Agreement and the applicable reimbursement provisions of the Subordinated Debt Documents, at all times will be, Solvent.
Appears in 1 contract
Samples: Loan and Security Agreement (Eagle Pacific Industries Inc/Mn)
Solvent Financial Condition. Each of Borrower and its Subsidiaries is now Solvent and, after giving effect to the Loans to be made hereunderhereunder and the consummation of the other transactions described in the Loan Documents, at all times Borrower and each of its Subsidiaries will be, be Solvent.
Appears in 1 contract
Solvent Financial Condition. Each of Parent, Borrower and its Subsidiaries is now and, after giving effect to the Loans to be made hereunder, at all times will be, Solvent.. 7.1.13
Appears in 1 contract
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 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 Guarantees to be issued hereunder and all related transactions, at all times will be, SolventSolvent (Adjusted).
Appears in 1 contract
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/)
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 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
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 each of its Subsidiaries is now Solvent and, after giving effect to the Loans to be made hereunderhereunder and the consummation of the other transactions described in the Loan Documents, at all times Borrower and each of its Subsidiaries will be, be Solvent.
Appears in 1 contract
Samples: Loan and Security Agreement (Tropical Sportswear International 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 and LC Guaranties to be issued hereunder, at all times will be, Solvent.
Appears in 1 contract
Samples: Loan and Security Agreement (First Aviation Services Inc)
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
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)
