Due Organization and Qualification; Subsidiaries. (a) Each Company is duly organized and existing and in good standing under the laws of the jurisdiction of its organization and qualified to do business in any state where the failure to be so qualified reasonably could be expected to have a Material Adverse Change.
Appears in 7 contracts
Samples: Loan and Security Agreement (Telos Corp), Loan and Security Agreement (Midway Games Inc), Loan and Security Agreement (Alpine Group Inc /De/)
Due Organization and Qualification; Subsidiaries. (a) Each Company Obligor is duly organized and existing and in good standing under the laws of the jurisdiction of its organization and qualified to do business in any state where the failure to be so qualified reasonably could be expected to have a Material Adverse Change.
Appears in 3 contracts
Samples: Loan and Security Agreement (Mikohn Gaming Corp), Loan and Security Agreement (3do Co), Loan and Security Agreement (Etoys Inc)
Due Organization and Qualification; Subsidiaries. (a) Each Company is duly organized and existing and in good standing under the laws of the jurisdiction of its organization incorporation and qualified and licensed to do business in, and in good standing in, any state where the failure to be so licensed or qualified reasonably could be expected to have cause a Material Adverse Change.
Appears in 1 contract
Samples: Loan and Security Agreement (Icf Kaiser International Inc)
Due Organization and Qualification; Subsidiaries. (a) Each Company is duly organized and existing and in good standing under the laws of the jurisdiction of its organization incorporation and qualified and licensed to do business in, and in good standing in, any state where the failure to be so licensed or qualified reasonably could be expected to have a Material Adverse Change.
Appears in 1 contract
