Common use of Certified Charter and Good Standing Clause in Contracts

Certified Charter and Good Standing. A certificate of the due incorporation, legal existence and good standing of the Borrower in its state of incorporation, issued by the appropriate authorities of such jurisdiction, and certificates of Borrower's good standing and due qualification to do business, issued by appropriate officials in any states in which the failure to so qualify would result in a Material Adverse Change;

Appears in 2 contracts

Samples: Intercreditor Agreement (Boston Chicken Inc), Secured Revolving Credit Agreement (Boston Chicken Inc)

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Certified Charter and Good Standing. A certificate of ----------------------------------- the due incorporationformation, legal valid existence and good standing of the Parent and the Borrower in its respective state of incorporation, issued by the appropriate authorities of such jurisdictionjurisdictions, and certificates of the Parent's and the Borrower's good standing and due qualification to do business, issued by appropriate officials in any states in which the failure Parent or the Borrower, as the case may be, owns property subject to so qualify would result in a Material Adverse Changethis Agreement;

Appears in 1 contract

Samples: Loan and Security Agreement (Pen Tab Industries Inc)

Certified Charter and Good Standing. A certificate of the due incorporation, legal existence and good standing of the Borrower in its state of incorporation, issued by the appropriate authorities of such jurisdiction, and certificates of Borrower's good standing and due qualification to do business, issued by appropriate officials in any states in which the failure to so qualify quali[Cfy would result in a Material Adverse Change;

Appears in 1 contract

Samples: Pledge Agreement (Einstein Noah Bagel Corp)

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Certified Charter and Good Standing. A certificate of the due incorporationformation, legal valid existence and good standing of the Borrower in its state of incorporation, issued by the appropriate authorities of such jurisdictionjurisdictions, and certificates of the Borrower's good standing and due qualification to do business, issued by appropriate officials in any states in which the failure Borrower owns Collateral subject to so qualify would result in a Material Adverse Changethis Agreement;

Appears in 1 contract

Samples: Loan and Security Agreement (Texas Instruments Inc)

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