Due Qualification and Good Standing. The Collateral Manager is in good standing in the State of Maryland. The Collateral Manager is duly qualified to do business and, to the extent applicable, is in good standing in each other jurisdiction in which the nature of its business, assets and properties, including the performance of its obligations under this Agreement, the other Facility Documents to which it is a party and its Constituent Documents to which it is a party, requires such qualification, except where the failure to be so qualified or in good standing could not reasonably be expected to have a Material Adverse Effect.
Appears in 9 contracts
Samples: Revolving Credit and Security Agreement (Monroe Capital Income Plus Corp), Credit Agreement (Main Street Capital CORP), Revolving Credit and Security Agreement (Main Street Capital CORP)
Due Qualification and Good Standing. The Collateral Manager is in good standing in the State of Maryland. The Collateral Manager is duly qualified to do business and, to the extent applicable, is in good standing in each other jurisdiction in which the nature of its business, assets and properties, including the performance of its obligations under this Agreement, the other Facility Documents to which it is a party and its Constituent Documents to which it is a partyDocuments, requires such qualification, except where the failure to be so qualified or in good standing could would not reasonably be expected to have a Material Adverse Effect.
Appears in 5 contracts
Samples: Credit and Security Agreement (Business Development Corp of America), Credit and Security Agreement (Business Development Corp of America), Credit and Security Agreement (Business Development Corp of America)
Due Qualification and Good Standing. The Collateral Manager is in good standing in the State of Maryland. The Collateral Manager Equityholder is in good standing in the state of Maryland. It is duly qualified to do business and, to the extent applicable, is in good standing in each other jurisdiction in which the nature of its business, assets and properties, including the performance of its obligations under this Agreement, the other Facility Documents to which it is a party and its Constituent Documents to which it is a partyDocuments, requires such qualification, except where the failure to be so qualified or in good standing could would not reasonably be expected to have a Material Adverse Effect.
Appears in 1 contract
Samples: Credit and Security Agreement (Oxford Square Capital Corp.)
Due Qualification and Good Standing. The Collateral Manager is in good standing in the State of MarylandMarylandDelaware. The Collateral Manager is duly qualified to do business and, to the extent applicable, is in good standing in each other jurisdiction in which the nature of its business, assets and properties, including the performance of its obligations under this Agreement, the other Facility Documents to which it is a party and its Constituent Documents to which it is a partyDocuments, requires such qualification, except where the failure to be so qualified or in good standing could would not reasonably be expected to have a Material Adverse Effect.
Appears in 1 contract
Samples: Credit and Security Agreement (Business Development Corp of America)
Due Qualification and Good Standing. The Collateral Manager is in good standing in the State of Maryland. The Collateral Manager is duly qualified to do business and, to the extent applicable, is in good standing in each other jurisdiction in which the nature of its business, assets and properties, including the performance of its obligations under this Agreement, the other Facility Documents to which it is a party and its Constituent Documents to which it is a party, requires such qualification, except where the failure to be so qualified or in good standing could not reasonably be expected to have a Material Adverse Effect.,
Appears in 1 contract
Samples: Credit and Security Agreement (Business Development Corp of America)
