Corporate Existence and Taxes. For as long as any Notes remain outstanding, the Company and its subsidiaries shall, maintain their corporate existence in good standing, and shall pay all taxes when due except for taxes which the Company or its subsidiaries dispute in good faith and for which adequate reserves are established on the Company’s or its subsidiaries books and records.
Appears in 4 contracts
Samples: Note Subscription Agreement (Environmental Solutions Worldwide Inc), Senior Secured Convertible Promissory Note Subscription Agreement (Vystar Corp), Note Subscription Agreement (Environmental Solutions Worldwide Inc)
Corporate Existence and Taxes. For as long as any Notes Convertible Debentures remain outstanding, the Company and its subsidiaries shall, maintain their its corporate existence in good standing, and shall pay all its taxes when due except for taxes which the Company or its subsidiaries dispute disputes in good faith and for which adequate reserves are established on the Company’s or its subsidiaries 's books and records.
Appears in 4 contracts
Samples: Securities Subscription Agreement (Environmental Solutions Worldwide Inc), Securities Subscription Agreement (Environmental Solutions Worldwide Inc), Securities Subscription Agreement (Environmental Solutions Worldwide Inc)
Corporate Existence and Taxes. For as long as any Notes Convertible Debentures remain outstanding, the Company and its subsidiaries shall, maintain their its corporate existence in good standing, and shall pay all its taxes when due except for taxes which the Company or its subsidiaries dispute disputes in good faith and for which adequate reserves are established on the Company’s or its subsidiaries books and records.
Appears in 3 contracts
Samples: Securities Subscription Agreement, Securities Subscription Agreement (Black Leon D), Securities Subscription Agreement (Black Leon D)
Corporate Existence and Taxes. For as long as any Notes remain outstanding, the Company and its subsidiaries shall, maintain their corporate existence in good standing, and shall pay all taxes when due except for taxes which the Company or its subsidiaries dispute in good faith and for which adequate reserves are established on the Company’s 's or its subsidiaries books and records.
Appears in 2 contracts
Samples: Subordinated Note Subscription Agreement (Environmental Solutions Worldwide Inc), Subordinated Note Subscription Agreement (Environmental Solutions Worldwide Inc)
Corporate Existence and Taxes. For as long as any Notes Convertible Debentures and Warrant remain outstanding, the Company and shall maintain its subsidiaries shall, maintain their corporate existence in good standing, and shall pay all its taxes when due except for taxes which the Company or its subsidiaries dispute disputes in good faith and for which adequate reserves are established on the Company’s or its subsidiaries 's books and records.
Appears in 1 contract
Samples: Regulation S Securities Subscription Agreement (American International Petroleum Corp /Nv/)
Corporate Existence and Taxes. For as long as any Notes Convertible Debentures and Warrants remain outstanding, the Company and shall maintain its subsidiaries shall, maintain their corporate existence in good standing, and shall pay all its taxes when due except for taxes which the Company or its subsidiaries dispute disputes in good faith and for which adequate reserves are established on the Company’s or its subsidiaries 's books and records.
Appears in 1 contract
Samples: Securities Subscription Agreement (Bodisen Biotech, Inc)
Corporate Existence and Taxes. For as long as any Notes Warrants remain outstanding, the Company and its subsidiaries shall, maintain their its corporate existence in good standing, and shall pay all its taxes when due except for taxes which the Company or its subsidiaries dispute disputes in good faith and for which adequate reserves are established on the Company’s or its subsidiaries books and records.
Appears in 1 contract
Corporate Existence and Taxes. For as long as any Notes remain outstanding, the Company and its subsidiaries shall, maintain their corporate existence in good standing, and shall pay all taxes when due except for taxes which the Company or its subsidiaries dispute disputes in good faith and for which adequate reserves are established on the Company’s or its subsidiaries books and records.
Appears in 1 contract
Corporate Existence and Taxes. For as long as any Notes Convertible ----------------------------- Debentures and Warrant remain outstanding, the Company and shall maintain its subsidiaries shall, maintain their corporate existence in good standing, and shall pay all its taxes when due except for taxes which the Company or its subsidiaries dispute disputes in good faith and for which adequate reserves are established on the Company’s or its subsidiaries 's books and records.
Appears in 1 contract
Samples: Securities Subscription Agreement (Silverado Foods Inc)
Corporate Existence and Taxes. For as long as any Notes Shares remain outstanding, the Company and shall maintain its subsidiaries shall, maintain their corporate existence in good standing, and shall pay all its taxes when due except for taxes which the Company or its subsidiaries dispute disputes in good faith and for which adequate reserves are established on the Company’s or its subsidiaries 's books and records.
Appears in 1 contract
Samples: Stock Purchase and Merger Agreement (Prologic Management Systems Inc)
