Common use of Corporate Status; Change of Ownership Clause in Contracts

Corporate Status; Change of Ownership. If Consultant is a non-governmental, corporate entity: a. Corporate Status. Consultant 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 Consultant to keep its corporate status active and current shall constitute a material breach under the terms of this Agreement.

Appears in 5 contracts

Samples: Traffic Signal Engineering and Technical Services Agreement, Traffic Signal Engineering and Technical Services Agreement, Consulting Agreement

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