Example ContractsClausesclosing and solvency certificateVariants
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Solvency. Immediately following the making of each Loan and after giving effect to the application of the proceeds of each Loan, the Borrower and its Subsidiaries, taken as a whole, are Solvent.

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Section # Solvency. Immediately followingbefore and after the makingconsummation of each Loan and after giving effect to the applicationTransaction, each of the proceeds of each Loan, the BorrowerBorrowers and its Subsidiaries, taken as a whole,Subsidiaries are Solvent.

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Solvency. Immediately following the making of eachEach Loan Party is, individually and after giving effect to the application of the proceeds of each Loan, the Borrower andtogether with its Subsidiaries, taken asSubsidiaries on a whole, areconsolidated basis, Solvent.

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Solvency. Immediately followingafter the making of each Loan and after giving effect to the applicationconsummation of the proceeds of each Loan,Transactions to occur on the Effective Date, the Borrower and its Subsidiaries, taken as a whole,whole on a consolidated basis, are Solvent.

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