Due Incorporation; Good Standing. BORROWER is a corporation, duly organized and validly existing under the laws of the state of its incorporation, and is properly licensed and in good standing in, and where necessary to maintain BORROWER's rights and privileges, has complied with the fictitious name statute of, every jurisdiction in which BORROWER is doing business.
Appears in 2 contracts
Samples: Uncommitted and Revolving Credit Line Agreement (Synetics Solutions Inc), Uncommitted and Revolving Credit Line Agreement (Synetics Solutions Inc)
Due Incorporation; Good Standing. The BORROWER is a corporation, duly organized and validly existing under the laws of the state of its incorporation, and is properly licensed and in good standing in, and where necessary to maintain the BORROWER's ’S rights and privileges, has complied with the fictitious name statute of, every jurisdiction in which the BORROWER is doing business.
Appears in 2 contracts
Samples: Uncommitted and Revolving Credit Line Agreement (SITIME Corp), Uncommitted and Revolving Credit Line Agreement (SITIME Corp)
Due Incorporation; Good Standing. The BORROWER is a corporation, duly organized and validly existing under the laws of the state of its incorporation, and is properly licensed duly qualified as a foreign corporation and in good standing in, and where necessary to maintain BORROWER's rights and privileges, has complied with the fictitious name statute of, in every jurisdiction in which the BORROWER is doing business, except where the failure to be so qualified or in good standing is not reasonably likely, in the aggregate, to have a MATERIAL ADVERSE EFFECT.
Appears in 2 contracts
Samples: Uncommitted and Revolving Credit Line Agreement (WestRock Co), Uncommitted and Revolving Credit Line Agreement (WestRock Co)
Due Incorporation; Good Standing. The BORROWER is a corporation, duly organized and validly existing under the laws of the state of its incorporation, and is properly licensed duly qualified as a foreign corporation and in good standing in, and where necessary to maintain BORROWER's rights and privileges, has complied with the fictitious name statute of, in every jurisdiction in which the BORROWER is doing business., except where the failure to be so qualified or in good standing is not reasonably likely, in the aggregate, to have a MATERIAL ADVERSE EFFECT. -9- SECTION
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