Corporate Existence and Compliance with Laws. Maintain its and its operating subsidiaries corporate existence and good standing under the laws of their state of incorporation and remain in good standing in each jurisdiction in which the failure to do so would have a Material Adverse Effect.
Appears in 5 contracts
Samples: Credit Agreement (Opko Health, Inc.), Credit Agreement (Opko Health, Inc.), Credit Agreement (Castle Brands Inc)
Corporate Existence and Compliance with Laws. Maintain its and its operating subsidiaries Affiliates corporate existence and good standing under the laws of their state of incorporation and remain in good standing in each jurisdiction in which the failure to do so would have a Material Adverse Effect.
Appears in 1 contract
Samples: Convertible Note Purchase Agreement (Castle Brands Inc)