Common use of Borrower to Maintain Its Existence; Certification of No Default Clause in Contracts

Borrower to Maintain Its Existence; Certification of No Default. The Borrower agrees to maintain its existence and maintain its current legal status with authority to own and operate the Project. In addition to performing all other similar requirements under the Financing Documents to which the Borrower is a party, the Borrower shall, within 30 days after the end of each calendar year, render to the Fiscal Agent a certificate executed by an Authorized Officer of the Borrower to the effect that the Borrower is not, as of the date of such certificate, in default of any of its covenants, agreements, representations or warranties under any of the Financing Documents to which the Borrower is a party and that, to the best of the Borrower’s knowledge, after reasonable investigation, there has occurred no default or Event of Default (as such terms are defined in each respective Financing Document) under any of the Financing Documents. Borrower to Remain Qualified in State and Appoint Agent . The Borrower will remain duly qualified to transact business in the State and will maintain an agent in the State on whom service of process may be made in connection with any actions against the Borrower.