Common use of Solvency of Borrower Clause in Contracts

Solvency of Borrower. Borrower is and after consummation of the transactions contemplated by this Agreement (including the making of the Loan), and after giving effect to all obligations incurred by Borrower in connection herewith, will be, Solvent.

Appears in 1 contract

Sources: Credit Agreement (International Shipholding Corp)

Solvency of Borrower. Borrower is is, and after consummation of the transactions contemplated by this Agreement (including the making of the Term Loan), and after giving effect to all obligations incurred by Borrower in connection herewith, will be, Solvent.

Appears in 1 contract

Sources: Loan Agreement (Emerging Alpha Corp)

Solvency of Borrower. Borrower is is, and after consummation of the transactions contemplated by this Agreement (including the making of the LoanLoans and the issuance of the Credits), and after giving effect to all obligations incurred by Borrower in connection herewith, will be, Solvent.

Appears in 1 contract

Sources: Loan Agreement (Omni Energy Services Corp)

Solvency of Borrower. Borrower is and and, after consummation of the transactions contemplated by this Agreement (including the making of the LoanLoans), and after giving effect to all obligations incurred by Borrower in connection herewith, will be, Solvent.

Appears in 1 contract

Sources: Credit Agreement (Black Ridge Oil & Gas, Inc.)