Business and Existence. Preserve and maintain its separate corporate existence and all rights, privileges, and franchises in connection therewith, and maintain its qualification and good standing in all states in which such qualification is necessary to the ownership of its Properties or the conduct of its businesses.
Appears in 5 contracts
Samples: Loan and Security Agreement (Elandia, Inc.), Possession Credit Agreement (Peregrine Systems Inc), Loan and Security Agreement (Health Systems Solutions Inc)
Business and Existence. Preserve and maintain its separate corporate existence and all rights, privileges, and franchises in connection therewith, and maintain its qualification and good standing in all states in which such qualification is necessary and in which the failure to the ownership of so qualify would materially and adversely affect its Properties business operations or the conduct of its businessesfinancial condition.
Appears in 3 contracts
Samples: Loan and Security Agreement (Simione Central Holdings Inc), Loan and Security Agreement (Theragenics Corp), Loan and Security Agreement (Theragenics Corp)
Business and Existence. Preserve and maintain its separate corporate existence and all rights, privileges, and franchises in connection therewith, and maintain its qualification and good standing in all states in which such qualification is necessary to the ownership of its Properties or the conduct of its businessesnecessary.
Appears in 3 contracts
Samples: Loan Agreement (Friedmans Inc), Loan Agreement (Friedmans Inc), Loan Agreement (Friedmans Inc)
Business and Existence. Preserve and maintain its separate ---------------------- corporate existence and all rights, privileges, and franchises in connection therewith, and maintain its qualification and good standing in all states in which such qualification is necessary to the ownership of its Properties or the conduct of its businesses.
Appears in 1 contract
Samples: Loan and Security Agreement (Gulf States Steel Inc /Al/)
Business and Existence. Preserve and maintain its separate corporate legal existence and all rights, privileges, and franchises in connection therewith, and maintain its qualification and good standing in all states or other jurisdictions in which such the failure to so maintain qualification is necessary to and good standing could have a material adverse effect upon the ownership assets and properties, operations, condition (financial or otherwise) or business of Borrower and its Properties or the conduct of its businessesSubsidiaries, taken as a whole.
Appears in 1 contract
Samples: Loan and Warrant Purchase Agreement (Best Software Inc)
Business and Existence. Preserve and maintain its separate corporate existence and ---------------------- all rights, privileges, and franchises in connection therewith, and maintain its qualification and good standing in all states in which such qualification is necessary and in which the failure to the ownership of so qualify would materially and adversely affect its Properties business operations or the conduct of its businessesfinancial condition.
Appears in 1 contract
Business and Existence. Preserve and maintain its separate corporate entity existence and all rights, privileges, and franchises in connection therewith, and maintain its qualification and good standing in all states in which such qualification is necessary to the ownership of its Properties or the conduct of its businesses.
Appears in 1 contract
