Common use of Borrower's Existence Clause in Contracts

Borrower's Existence. Lender shall have received copies of Borrower's articles or certificate of incorporation and all amendments thereto, and a Certificate of Good Standing, each certified by the Secretary of State of the state of Borrower's organization, and dated a recent date prior to the Closing Date, and Lender shall have received Certificates of Foreign Qualification for Borrower from the Secretary of State of each state wherein the failure to be so qualified could have a Material Adverse Effect.

Appears in 3 contracts

Samples: Loan and Security Agreement (Netlojix Communications Inc), Revolving Credit Agreement (Homeseekers Com Inc), Revolving Credit Agreement (Fidelity National Financial Inc /De/)

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Borrower's Existence. Lender Xxxxxx shall have received copies of Borrower's articles or certificate of incorporation and all amendments thereto, and a Certificate of Good Standing, each certified by the Secretary of State of the state of Borrower's organization, and dated a recent date prior to the Closing Date, and Lender Xxxxxx shall have received receive Certificates of Foreign Qualification for Borrower from the Secretary of State of each state wherein the failure to be so qualified could have a Material Adverse Effect.

Appears in 1 contract

Samples: Loan and Security Agreement (Dotronix Inc)

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