Common use of Corporate Existence; Foreign Qualification Clause in Contracts

Corporate Existence; Foreign Qualification. Do or cause to be done at all times all things necessary to: (i) maintain and preserve its existence, as a corporation or other entity, as the case may be; and (ii) be duly qualified to do business and be in good standing as a foreign corporation or other entity in each jurisdiction where failure to do so will have a Material Adverse Effect.

Appears in 4 contracts

Samples: Subordinated Loan Agreement (Rurbanc Data Services Inc), Subordinated Loan Agreement (Rurbanc Data Services Inc), Loan Agreement (Rurbanc Data Services Inc)

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Corporate Existence; Foreign Qualification. (a) Do or and ------------------------------------------ cause to be done at all times all things necessary to: to (i) maintain and preserve its existencecorporate existence and corporate power and authority to own its properties and to carry on its business, except as a corporation or other entityotherwise expressly permitted under Section 23.1, as the case may be; and (ii) be duly qualified to do business and be in good standing as ------------ a foreign corporation or other entity in each jurisdiction where the nature of its business makes such qualification necessary and the failure to do so will qualify is reasonably likely to have a Material Adverse Effect.

Appears in 1 contract

Samples: Vehicle Lease Agreement (Ryder TRS Inc)

Corporate Existence; Foreign Qualification. Do or and ------------------------------------------ cause to be done at all times all things necessary to: to (i) maintain and preserve its existencecorporate existence and corporate power and authority to own its properties and to carry on its business, as a corporation or other entity, as the case may be; and (ii) be duly qualified to do business and be in good standing as a foreign corporation or other entity in each jurisdiction where the nature of its business makes such qualification necessary and the failure to do so will qualify is reasonably likely to have a Material Adverse Effect.

Appears in 1 contract

Samples: Vehicle Lease Agreement (Ryder TRS Inc)

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Corporate Existence; Foreign Qualification. Do or cause to be done at all times all things necessary to: (i) maintain and preserve its their respective corporate existence, as a corporation or other entity, as the case may be; and (ii) be duly qualified to do business and be in good standing as a foreign corporation or other entity in each jurisdiction where failure to do so will have a Material Adverse Effect; and (iii) comply with all Contractual Obligations.

Appears in 1 contract

Samples: Revolving Credit Loan Agreement (Rocky Shoes & Boots Inc)

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