Common use of Existence As A Company Clause in Contracts

Existence As A Company. Borrower shall remain a corporation validly existing and in good standing under the laws of the State of Delaware, and shall remain, or shall become, as required, duly licensed or qualified to do business in all states wherein the failure to be so licensed or qualified would have a material adverse effect upon Borrower.

Appears in 3 contracts

Samples: Business Loan Agreement (Hall of Fame Resort & Entertainment Co), Business Loan Agreement (Hall of Fame Resort & Entertainment Co), Business Loan Agreement (Hall of Fame Resort & Entertainment Co)

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Existence As A Company. Borrower shall remain a corporation limited liability company validly existing and in good standing under the laws of the State of Delaware, and shall remain, or shall become, as required, duly licensed or qualified to do business in all states wherein the failure to be so licensed or qualified would have a material adverse effect upon Borrower.

Appears in 2 contracts

Samples: Business Loan Agreement (Hall of Fame Resort & Entertainment Co), Business Loan Agreement (GPAQ Acquisition Holdings, Inc.)

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Existence As A Company. Borrower shall remain a corporation limited liability company validly existing and in good standing under the laws of the State of Delaware, and shall remain, or shall become, as required, duly licensed or qualified to do business in Ohio and all states wherein the failure to be so licensed or qualified would have a material adverse effect upon Borrower.

Appears in 1 contract

Samples: Loan Agreement (GPAQ Acquisition Holdings, Inc.)

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