Examples of First Amendment Transactions in a sentence
Immediately after the consummation of the othergiving effect to the First Amendment Transactions on the First Amendment Effective Date, no Loan Party will be rendered insolvent within the meaning of 11 U.S.C. 101(32), the Insolvency Act 1986 or any other applicable insolvency laws or regulations or be unable to pay its debts as they mature.
On the Acquisition Closing Date, immediately after giving effect to the First Amendment Transactions and the incurrence and repayment of all Indebtedness and obligations being incurred and repaid in connection herewith and therewith on the Acquisition Closing Date, the Borrower and its Subsidiaries, on a consolidated basis, are Solvent.
The Administrative Agent shall have received pro forma Consolidated financial statements for the Consolidated Companies for the four-quarter period most recently ended prior to the Closing Date for which financial statements are available calculated on a Pro Forma Basis after giving effect to the First Amendment Transactions (including adjustments reasonably acceptable to the Administrative Agent).
Other than as set forth in Article V hereof, all necessary Gaming Permits in connection with the First Amendment Transactions shall have been obtained and shall remain in full force and effect upon the consummation of the First Amendment Transactions.
There are no actions, suits or proceedings pending or, to the knowledge of Holdings and the Borrower, threatened (a) with respect to the First Amendment Transactions or this First Amendment or (b) that has had, or could reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect.