Common use of Good Standing and Authority Clause in Contracts

Good Standing and Authority. Certificates of the appropriate governmental officials of each jurisdiction as the Administrative Agent reasonably may request, dated within ten (10) days of the date hereof, stating that the Borrower and each of its Subsidiaries exists, is in good standing with respect to the payment of franchise and similar taxes and is duly qualified to transact business therein;

Appears in 2 contracts

Samples: Credit Agreement (America Service Group Inc /De), Credit Agreement (America Service Group Inc /De)

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Good Standing and Authority. Certificates of the appropriate governmental officials of each jurisdiction as the Administrative Agent reasonably may request, dated within ten thirty (1030) days of prior to the date hereof, stating that the Borrower and each of its Subsidiaries Guarantor exists, is in good standing with respect to the payment of franchise and similar taxes and is duly qualified to transact business therein;

Appears in 2 contracts

Samples: Loan Agreement (Home Solutions of America Inc), Loan Agreement (Home Solutions of America Inc)

Good Standing and Authority. Certificates of the appropriate governmental officials of each jurisdiction as the Administrative Agent reasonably may request, dated within ten fifteen (1015) days of the date hereof, stating that the Borrower and each of its Subsidiaries Guarantor exists, is in good standing with respect to the payment of franchise and similar taxes and is duly qualified to transact business therein;

Appears in 2 contracts

Samples: Credit Agreement (Nn Inc), Credit Agreement (Cti Inc /Tn)

Good Standing and Authority. Certificates of the appropriate governmental officials of each jurisdiction as the Administrative Agent reasonably may request, dated within ten thirty (1030) days of the date hereof, stating that the Borrower and each of its Subsidiaries exists, is in good standing with respect to the payment of franchise and similar taxes and is duly qualified to transact business therein;

Appears in 2 contracts

Samples: Credit Agreement (America Service Group Inc /De), Credit Agreement (America Service Group Inc /De)

Good Standing and Authority. Certificates of the appropriate governmental officials of each jurisdiction as the Administrative Agent reasonably may request, dated within ten thirty (1030) days of prior to the date hereof, stating that the Borrower and each of its Subsidiaries Credit Party exists, is in good standing with respect to the payment of franchise and similar taxes and is duly qualified to transact business therein;

Appears in 1 contract

Samples: Credit Agreement (I Trax Inc)

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Good Standing and Authority. Certificates of the appropriate governmental officials of each jurisdiction as the Administrative Agent reasonably may request, dated within ten (10) days of the date hereof, stating that the Borrower Borrowers and each of its Subsidiaries existsGuarantors exist, is are in good standing with respect to the payment of franchise and similar taxes and is are duly qualified to transact business therein;

Appears in 1 contract

Samples: Credit Agreement (Goodys Family Clothing Inc /Tn)

Good Standing and Authority. Certificates of the appropriate governmental officials of each jurisdiction as the Administrative Agent reasonably may request, dated within ten seventy-five (1075) days of the date hereof, stating that the Borrower and each of its Subsidiaries exists, is in good standing with respect to the payment of franchise and similar taxes and is duly qualified to transact business therein;

Appears in 1 contract

Samples: Credit Agreement (Symbion Inc/Tn)

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