Common use of CORPORATE EXISTENCE; GOOD STANDING Clause in Contracts

CORPORATE EXISTENCE; GOOD STANDING. The Borrower shall, and shall cause each of its Subsidiaries to, maintain its corporate existence and its qualification and good standing in all jurisdictions in which the failure to maintain such qualification or good standing could reasonably be expected to have a material adverse effect on the Borrower's or such Subsidiary's property, business, operations, prospects, or condition (financial or otherwise).