Sufficient Funds; Minimum Borrowing Availability; Solvency Sample Clauses

Sufficient Funds; Minimum Borrowing Availability; Solvency. Company shall have demonstrated to the reasonable satisfaction of Administrative Agent that (i) the maximum principal amount of Loans that Company may incur hereunder and pursuant to the terms of the Term Loan Credit Facility to finance the Huntsman Acquisition and to pay fees and expenses in connection therewith (whether paid on or after the Initial Borrowing Date) is sufficient to effect in full the Transaction and to pay all reasonable fees and expenses in connection therewith (whether paid on or after the Initial Borrowing Date), (ii) after giving effect to the Transaction and the Initial Borrowing and the initial borrowing under the Term Loan Credit Facility, (a) Availability equals at least $70,000,000 and (b) each Borrower and each Material Domestic Subsidiary is Solvent.