Corporate Status; Change of Ownership. If Vendor is a non-governmental, corporate entity: a. Corporate Status. Vendor shall ensure that the corporate status shall continuously be in good standing and active and current with the state of its incorporation and the State of Florida and at all times throughout the Term, and any renewal or extension hereof. Failure of the Vendor to keep its corporate status active and current shall constitute a material breach under the terms of this Agreement.
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Samples: Construction Contract, Professional Services, On Call Emergency Feeding Support Agreement
Corporate Status; Change of Ownership. If Vendor is a non-governmental, corporate entity:
a. : a.Corporate Status. Vendor shall ensure that the corporate status shall continuously be in good standing and active and current with the state of its incorporation and the State of Florida and at all times throughout the Term, and any renewal or extension hereof. Failure of the Vendor to keep its corporate status active and current shall constitute a material breach under the terms of this Agreement.
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