Solvency Certificates definition

Solvency Certificates means (a) a certificate, dated the Closing Date, of a Financial Officer of Borrower certifying that, as of the Closing Date, Borrower is Solvent and (b) a certificate, dated the Closing Date, of a Financial Officer of Foresight Reserves certifying that, as of the Closing Date, Foresight Reserves is Solvent.”;
Solvency Certificates has the meaning specified in Section 4.01(i).
Solvency Certificates means those certain Solvency Certificates, in form and substance reasonably acceptable to the Administrative Agent, and executed by a Financial Officer of the applicable Loan Party.

Examples of Solvency Certificates in a sentence

  • On the Closing Date, the Administrative Agent shall have received Solvency Certificates from each Credit Party dated as of the Closing Date and addressed to the Administrative Agent, attesting that before and after giving effect to the consummation of the initial Credit Extension, such Credit Party is Solvent.

  • On the Closing Date, the Administrative Agent shall have received Solvency Certificates from the Borrower and CPS dated as of the Closing Date and addressed to the Administrative Agent and Lenders, substantially in the form of Exhibit E-2, attesting that before and after giving effect to the consummation of the transactions contemplated by the Credit Documents, each of the Borrower and CPS, as the case may be, is Solvent.

  • On the Closing Date, the Administrative Agent shall have received Solvency Certificates from the Borrower and CPS dated as of the Closing Date and addressed to the Administrative Agent and Lender, substantially in the form of Exhibit E-2, attesting that before and after giving effect to the consummation of the transactions contemplated by the Credit Documents and the Related Agreements, each of the Borrower and CPS, as the case may be, is Solvent.

  • Each of the certifications contained in the Solvency Certificates is accurate.

  • The Administrative Agent shall have received, with copies for each Lender, Solvency Certificates, dated as of the Amendment Effective Date and executed and delivered by the chief financial or accounting Authorized Officer of each of Budget, BRACC, Ryder, Cruise America, Inc.

  • On the Closing Date, the Administrative Agent shall have received Solvency Certificates from each Credit Party dated as of the Closing Date and 48 addressed to the Administrative Agent, attesting that before and after giving effect to the consummation of the initial Credit Extension, such Credit Party is Solvent.

  • Solvency Certificates, in form and substance satisfactory to Agent, signed by each Borrower's chief financial officer and chief executive officer, and confirmed by each of the Borrowers.

  • The Administrative Agent shall have received -------- each of the Solvency Certificates duly executed by the applicable chief financial officer of the Borrower Affiliated Group, together with pro forma --- ----- financial statements as of a recent date, after giving effect to the Recapitalization Transactions and the Loans to be made hereunder on the Closing Date, in form and substance reasonably satisfactory to the Administrative Agent and the Banks.

  • The Administrative Agent shall have received Solvency Certificates from Borrower and Commnet Wireless dated as of the First Amendment Effective Date and addressed to the Administrative Agent, attesting that before and after giving effect to this Agreement, such Credit Party is Solvent.

  • On the Closing Date, the Administrative Agent and the Lenders shall have received Solvency Certificates from each Credit Party dated as of the Closing Date and addressed to the Administrative Agent, attesting that before and after giving effect to the consummation of the initial Credit Extension, such Credit Party is Solvent.


More Definitions of Solvency Certificates

Solvency Certificates means those certain Solvency Certificates, in form and substance reasonably acceptable to the Administrative Agent, and executed by a Financial Officer of CatchMark Partnership, as the Manager of Timberlands II, CatchMark Timber as the General Partner of CatchMark Partnership, Timber Manager as Manager of CatchMark TRS Subsidiary, CatchMark Partnership as the Manager of CatchMark HBU, CatchMark Timber and CatchMark TRS, respectively, and an Authorized Officer of the other Loan Parties.
Solvency Certificates means the form of solvency certificate delivered by the Agent, to be executed and delivered by the Company and Fincx.
Solvency Certificates means, collectively, the separate Solvency Certificates executed and delivered by each member of the Borrower Affiliated Group to the Lender on the Closing Date.

Related to Solvency Certificates

  • Solvency Certificate means a Solvency Certificate of the chief financial officer of Holdings substantially in the form of Exhibit G-2.

  • Incumbency Certificate has the meaning specified in Section 3(b) hereof.

  • Occupancy Certificate means the occupancy certificate, or such other certificate by whatever name called, issued by the competent authority permitting occupation of any building, as provided under local laws, which has provision for civic infrastructure such as water, sanitation and electricity;

  • Delay Certificates As specified in the Preliminary Statement.

  • Principal Only Certificates As specified in the Preliminary Statement.

  • Corresponding Certificates As identified in the Preliminary Statement with respect to any Lower-Tier Regular Interest or Component.

  • Group 3 Certificates As specified in the Preliminary Statement.

  • Group 1 Certificates As specified in the Preliminary Statement.

  • Group 4 Certificates As specified in the Preliminary Statement.

  • Tax Clearance Certificate means a tax clearance certificate issued by the South African Revenue Services (SARS) confirming that the natural or juristic person is a registered tax payer.

  • Income Certification means a Tenant Income Certification and a Tenant Income Certification Questionnaire in the form attached as Exhibit B hereto or in such other comparable form as may be provided by the Issuer to the Owner, or as otherwise approved by the Issuer.

  • Release Certificate means a Release Certificate in the form attached to this Appendix "C" as Schedule 2 executed by a duly authorized officer of the Custodian and delivered by the Custodian to the applicable Fund by facsimile transmission or in such other manner as such Fund and the Custodian may agree in writing.

  • Perfection Certificate Supplement means a certificate supplement in the form of Exhibit G-2 hereto or any other form approved by the Collateral Agent.

  • Certificate Group Each of the Group 1 Certificates and the Group 2 Certificates.

  • Certificate Depositary Agreement means the agreement among the Issuer Trust, the Depositor and the Depositary, as the initial Clearing Agency, dated as of the Closing Date, substantially in the form attached hereto as Exhibit B, as the same may be amended and supplemented from time to time.

  • Class B-6 Certificates The Certificates designated as “Class B-6” on the face thereof in substantially the form attached hereto as Exhibit A.

  • Group 2 Certificates As specified in the Preliminary Statement.

  • Corresponding Certificate With respect to each REMIC II Regular Interest (other than REMIC II Regular Interests AA, ZZ and IO), the Certificate with the corresponding designation. With respect to each REMIC III Regular Interest (other than the Class C Interest and the Class IO Interest), the related Certificate representing an ownership therein.

  • Perfection Certificates is defined in Section 5.1.

  • Class B-5 Certificates The Certificates designated as “Class B-5” on the face thereof in substantially the form attached hereto as Exhibit A.