Business Existence. Borrower has the form of business organization, and is and will remain duly organized and validly existing in good standing under the laws of the jurisdiction, specified below the signature of Borrower; and is duly qualified and authorized to transact business and is in good standing wherever necessary to perform its obligations under the Loan Documents, including each jurisdiction in which the Collateral is to be located.
Appears in 2 contracts
Samples: Loan and Security Agreement (Ameramex International Inc), Loan and Security Agreement (Primoris Services Corp)
Business Existence. Borrower has the form of business organization, and is and will remain duly organized and validly existing in good standing under the laws of the jurisdiction, specified below the signature of Borrower; and . Borrower is duly qualified and authorized to transact business and is in good standing wherever necessary to perform its obligations under the Loan Documents, including including, if necessary, each jurisdiction in which the Collateral is to be located.
Appears in 2 contracts
Samples: Equipment Loan and Security Agreement (Akerna Corp.), Amended and Restated Equipment Loan and Security Agreement (Akerna Corp.)
Business Existence. Borrower has the form of business organization, and is and will remain duly organized and validly existing in good standing under the laws of the jurisdiction, specified below the signature of Borrower; and is duly qualified and authorized to transact business and is in good standing wherever necessary to perform its obligations under the Loan Documents, including each jurisdiction in which the Collateral is to be located.
Appears in 1 contract
Samples: Loan and Security Agreement (Sterling Construction Co Inc)
Business Existence. Borrower has the form of business organization, and is and will remain duly organized and validly existing in good standing under the laws of the jurisdiction, specified below the signature of Borrower; and . Borrower is duly qualified and authorized to transact business and is in good standing wherever necessary to perform its obligations under the Loan Documents, including each jurisdiction in which the Collateral is to be located.
Appears in 1 contract
Samples: Loan and Security Agreement (EV Transportation, Inc.)
