Solvent Financial Condition. Each of Borrower and its Subsidiaries is now Solvent and, after giving effect to the Loans to be made hereunder, 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 Solvent.
Appears in 3 contracts
Samples: Loan and Security Agreement (Metromedia International Group Inc), Loan and Security Agreement (Toms Foods Inc), Loan and Security Agreement (Amerigroup Corp)
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, 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 Solvent.
Appears in 3 contracts
Samples: Loan and Security Agreement (Dixie Group Inc), Loan and Security Agreement (Dixie Group Inc), Loan and Security Agreement (Dixie Group Inc)
Solvent Financial Condition. Each of Borrower Borrowers and its their Subsidiaries is together, on a consolidated basis, are now Solvent and, after giving effect to the Loans to be made hereunder, the Letters of Credit to be issued in connection herewith and the consummation of the other transactions described in the Loan Credit Documents, Borrower and each of its Subsidiaries will be Solvent.
Appears in 3 contracts
Samples: Credit Agreement (Ryerson Holding Corp), Credit Agreement (Ryerson Inc.), Credit Agreement (J.M. Tull Metals Company, 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, 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 Solvent.
Appears in 2 contracts
Samples: Loan and Security Agreement (Tropical Sportswear International Corp), Loan and Security Agreement (Tropical Sportswear International Corp)
Solvent Financial Condition. Each of Borrower Borrowers, PLC and its Subsidiaries is their Subsidiaries, taken as a whole, are now Solvent and, after giving effect to the Loans to be made hereunder, 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 Solvent.
Appears in 1 contract
Samples: Loan and Security Agreement (Danka Business Systems PLC)
Solvent Financial Condition. Each of Borrower Borrowers and its Subsidiaries is their Subsidiaries, on a Consolidated basis, are now Solvent and, after giving effect to the Loans to be made hereunder, 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 Solvent.
Appears in 1 contract
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, the Letters of Credit to be issued in connection herewith therewith and the consummation of the other transactions described in the Loan Documents, each Borrower and each of its Subsidiaries will be Solvent.
Appears in 1 contract
Samples: Loan and Security Agreement (Gulf States Steel Inc /Al/)
Solvent Financial Condition. Each of Borrower and its Subsidiaries each other Obligor is now Solvent and, after giving effect to the Loans to be made hereunder, the Letters of Credit to be issued in connection herewith and the consummation of the other transactions described in the Loan Documents, the Acquisition Documents, the Bridge Loan Documents, and the Merger Documents, each Borrower and each of its Subsidiaries other Obligor will be Solvent.
Appears in 1 contract
Samples: Loan and Security Agreement (Tropical Sportswear Co Inc)
Solvent Financial Condition. Each of Borrower and its Subsidiaries is now Solvent and, after giving effect to the Loans to be made hereunder, 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 Solvent.
Appears in 1 contract
