Solvent. (a) As of the Closing Date, after giving effect to the consummation of the Transactions, the Parent Borrower is Solvent. (b) Since the Closing Date, there has not been any event, change, circumstance or development which, individually or in the aggregate, has had or would reasonably be expected to have, a Material Adverse Effect.
Appears in 4 contracts
Samples: Abl Credit Agreement (US Foods Holding Corp.), Abl Credit Agreement (Us Foods, Inc.), Abl Credit Agreement (Great North Imports, LLC)
Solvent. (a) As of the Closing Date, after giving effect to the consummation of the Transactions, the Parent Borrower is Solvent.
(b) Since the Closing Date, there has not been any event, change, circumstance or development which, individually or in the aggregate, has had or would reasonably be expected to have, a Material Adverse Effect.
Appears in 2 contracts
Samples: Term Loan Credit Agreement (Great North Imports, LLC), Credit Agreement (Great North Imports, LLC)
Solvent. (a) As of the Closing Date, after giving effect to the consummation of the Transactions, the Parent Borrower is Solvent.
(b) Since the Closing DateJanuary 1, 2011, there has not been any event, change, circumstance or development which, individually or in the aggregate, has had or would reasonably be expected to have, a Material Adverse Effect.
Appears in 2 contracts
Samples: Credit Agreement (Trans-Porte, Inc.), Credit Agreement (Great North Imports, LLC)
