Corporate Existence and Rights. Borrower shall do (or cause to be done) all things necessary to preserve and keep in full force and effect its existence, good standing, rights and franchises.
Appears in 20 contracts
Samples: Loan Agreement (Newtek Business Services Corp.), Loan Agreement (Newtek Business Services Corp.), Loan and Security Agreement (Newtek Business Services Corp.)
Corporate Existence and Rights. Each Borrower shall do (or cause to be done) all things necessary to preserve and keep in full force and effect its existence, good standing, rights and franchises.
Appears in 5 contracts
Samples: Loan and Security Agreement (Response Usa Inc), Senior Loan and Security Agreement (Interpool Inc), Credit Agreement (Phoenix Md Realty LLC)
Corporate Existence and Rights. The Borrower shall do (or cause to be done) all things necessary to preserve and keep in full force and effect its existence, good standingstanding in all jurisdictions where its failure to be in good standing would likely result in a Material Adverse Effect, rights and all of its rights, licenses and franchises, the absence of which might result in a Material Adverse Effect.
Appears in 2 contracts
Samples: Loan and Security Agreement (RCM Technologies Inc), Loan and Security Agreement (RCM Technologies Inc)
Corporate Existence and Rights. Borrower shall do (or cause to be done) all things necessary to preserve and keep in full force and effect its existence, good standing, rights and franchises, other than rights or franchises no longer used or useful in the business of Borrower.
Appears in 2 contracts
Samples: Loan and Security Agreement (Soluna Holdings, Inc), Loan and Security Agreement (Western Acquisition Ventures Corp.)
Corporate Existence and Rights. Each Borrower shall do (or cause to be done) all things necessary to preserve and keep in full force and effect its existence, good standing, rights and franchises. Each Borrower shall obtain and maintain any and all licenses, permits, franchises or other governmental authorizations necessary to the ownership of its Property or the conduct of its businesses.
Appears in 2 contracts
Samples: Loan and Security Agreement (Amerinac Holding Corp.), Loan and Security Agreement (Amerinac Holding Corp.)
Corporate Existence and Rights. Borrower shall do (or cause to be done) all things necessary to preserve and keep in full force and effect its existence, good standing, rights and franchises. Borrower shall obtain and maintain all material licenses, permits, franchises or other governmental authorizations necessary to the ownership of its Property or to the conduct of its businesses.
Appears in 1 contract
Corporate Existence and Rights. Borrower Borrowers shall do (or cause to ------------------------------ be done) all things necessary to preserve and keep in full force and effect its their existence, good standing, rights and franchises.
Appears in 1 contract
Samples: Loan and Security Agreement (Bankvest Capital Corp)
Corporate Existence and Rights. Each Borrower shall do (or cause ------------------------------ to be done) all things necessary to preserve and keep in full force and effect its existence, good standing, rights and franchises.
Appears in 1 contract
Samples: Loan and Security Agreement (Opinion Research Corp)
Corporate Existence and Rights. Borrower shall do (or cause to be done) all things necessary to preserve and keep in full force and effect its existence, good standing, rights rights, licenses and franchises.
Appears in 1 contract
