Common use of Corporate Existence and Qualification Clause in Contracts

Corporate Existence and Qualification. Take the necessary steps to preserve its corporate existence and its right to conduct business in all states in which the nature of its business requires qualification to do business;

Appears in 12 contracts

Samples: Stock Purchase Agreement (1847 Holdings LLC), Asset Purchase Agreement (1847 Holdings LLC), Asset Purchase Agreement (1847 Goedeker Inc.)

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Corporate Existence and Qualification. Take the necessary commercially reasonable steps to preserve its corporate existence and its right to conduct business in all states in which the nature of its business requires qualification to do business;

Appears in 3 contracts

Samples: Convertible Notes (International Isotopes Inc), Securities Purchase Agreement (International Isotopes Inc), International Isotopes Inc

Corporate Existence and Qualification. Take the necessary steps to preserve its corporate existence and its right to conduct business in all states in which the nature of its business requires qualification to do business;. In the event of dispute between the Borrower and the Bank as to when qualification is necessary, the decision of the Bank shall control.

Appears in 3 contracts

Samples: 2 Revolving Credit Agreement (KSW Inc), Security Agreement (Balchem Corp), Loan Agreement (Medis Technologies LTD)

Corporate Existence and Qualification. Take the necessary steps to preserve its corporate existence and its right to conduct business in all states in which the nature of its business requires qualification to do business;.

Appears in 2 contracts

Samples: Vringo Inc, Vringo Inc

Corporate Existence and Qualification. Take the necessary steps to preserve its corporate existence and its right to conduct business in all states in which the nature of its business requires qualification to do business;, except where the failure so to qualify could not reasonably by expected to have a material adverse effect on the business, operations or financial condition of the Borrower or the Guarantors.

Appears in 2 contracts

Samples: Loan Agreement (Integramed America Inc), Loan Agreement (Integramed America Inc)

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Corporate Existence and Qualification. Take the necessary steps ------------------------------------- to preserve its corporate existence and its right to conduct business in all states in which the nature of its business requires qualification to do business;.

Appears in 1 contract

Samples: Revolving Credit Agreement (Asi Solutions Inc)

Corporate Existence and Qualification. Take the necessary steps to preserve its corporate existence and its right to conduct business in all states in which the nature of its business requires qualification to do business;. In the event of dispute between any Borrower and the Bank as to when qualification is necessary, the decision of the Bank shall control. 5.2

Appears in 1 contract

Samples: Loan Agreement Loan Agreement (Fresh Juice Co Inc)

Corporate Existence and Qualification. Take the necessary steps to preserve its corporate existence and its right to conduct business in all states in which the nature of failure to so preserve its corporate existence or right to conduct business requires qualification to do business;could have a Material Adverse Effect. 5.2

Appears in 1 contract

Samples: Chyron Corp

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