Corporate Existence and Business. Borrower is duly organized, qualified and in good standing under the laws of the State of California and in those states where it does business, and Borrower will maintain and preserve its corporate existence, rights and franchises in full force and effect.
Appears in 2 contracts
Samples: Mortgage Warehouse Loan and Security Agreement (William Lyon Homes), Mortgage Warehouse Loan and Security Agreement (William Lyon Homes)
Corporate Existence and Business. Borrower is duly organized, qualified and in In good standing under the laws of the State of California and in those states where it does business, and Borrower will maintain and preserve its corporate existence, rights and franchises in full force and effect.
Appears in 2 contracts
Samples: Loan and Security Agreement, Mortgage Warehouse Loan and Security Agreement (William Lyon Homes)
Corporate Existence and Business. Borrower is duly organized, qualified and in good standing under the laws of the State of California CALIFORNIA and in those states where it does business, and Borrower will maintain and preserve its corporate existence, rights and franchises in full force and effect.
Appears in 2 contracts
Samples: Mortgage Warehouse Loan and Security Agreement (William Lyon Homes), Loan and Security Agreement (William Lyon Homes)