Common use of Good Standing and Compliance Clause in Contracts

Good Standing and Compliance. Borrower shall maintain all governmental licenses, rights and agreements necessary for its operations or business and comply in all material respects with all statutes, laws, ordinances and government rules and regulations to which it is subject.

Appears in 8 contracts

Samples: Secured Promissory Note (Kythera Biopharmaceuticals Inc), Loan and Security Agreement (Anacor Pharmaceuticals Inc), Loan and Security Agreement (Gevo, Inc.)

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Good Standing and Compliance. Borrower shall maintain all governmental licenses, rights and agreements necessary for its operations or business and comply in all material respects with all statutes, laws, ordinances and government rules and regulations to which it is subject.

Appears in 5 contracts

Samples: Loan and Security Agreement (GlassHouse Technologies Inc), Loan and Security Agreement (GlassHouse Technologies Inc), Loan and Security Agreement (ARYx Therapeutics, Inc.)

Good Standing and Compliance. Borrower shall maintain all governmental licenses, rights and agreements necessary for its operations or business and comply in all material respects with all statutes, laws, ordinances and government rules and regulations to which it is subjectsubject except where the failure to comply would not reasonably be expected to result in a material adverse effect on Borrower.

Appears in 5 contracts

Samples: Secured Promissory Note (Fluidigm Corp), Loan and Security Agreement (Fluidigm Corp), Loan and Security Agreement (Fluidigm Corp)

Good Standing and Compliance. Borrower shall maintain all governmental licenses, rights and agreements necessary for its operations or business and comply in all material respects with all statutes, laws, ordinances and government rules and regulations to which it is subject, except where the failure to do so would not reasonably be expected to result in a Material Adverse Effect.

Appears in 4 contracts

Samples: Loan and Security Agreement (Kior Inc), Loan and Security Agreement (Kior Inc), Loan and Security Agreement (Kior Inc)

Good Standing and Compliance. Borrower and its Subsidiaries shall maintain all governmental licenses, rights and agreements necessary for its operations or business and comply in all material respects with all statutes, laws, ordinances and government rules and regulations to which it is subject, except where the failure to do so would not reasonably be expected to result in a Material Adverse Effect.

Appears in 4 contracts

Samples: Security Agreement (Kior Inc), Security Agreement (Kior Inc), Security Agreement (Kior Inc)

Good Standing and Compliance. Borrower shall maintain all governmental licenses, rights and agreements necessary for its operations or business and comply in all material respects with all statutes, laws, ordinances and government rules and regulations to which it is subject.subject except where the failure to comply would not reasonably be expected to result in a material adverse effect on Borrower. 6.2

Appears in 1 contract

Samples: Subordination Agreement

Good Standing and Compliance. Borrower shall maintain all governmental licenses, rights and agreements necessary for its operations or business and comply in all material respects with all statutes, laws, ordinances and government rules and regulations to which it is subject, except, in each case, where the failure to comply would not reasonably be expected to result in a material adverse effect on Borrower or any of the Collateral.

Appears in 1 contract

Samples: Loan and Security Agreement (Foundation Medicine, Inc.)

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Good Standing and Compliance. Borrower and each of its Subsidiaries shall maintain all governmental licenses, rights and agreements necessary for its operations or business and comply in all material respects with all statutes, laws, ordinances and government rules and regulations to which it is subject.

Appears in 1 contract

Samples: Loan and Security Agreement (SuccessFactors, Inc.)

Good Standing and Compliance. Borrower and each Subsidiary of Borrower shall maintain all governmental licenses, rights and agreements necessary for its operations or business and comply in all material respects with all statutes, laws, ordinances and government rules and regulations to which it is subject.

Appears in 1 contract

Samples: Loan Agreement (Sterling Equity Holdings Inc)

Good Standing and Compliance. Borrower shall maintain all governmental licenses, rights and agreements necessary for its operations or business and comply in all material respects with all statutes, laws, ordinances and government rules and regulations to which it is subject.

Appears in 1 contract

Samples: Loan and Security Agreement (NxStage Medical, Inc.)

Good Standing and Compliance. Borrower shall maintain all governmental licenses, rights and agreements necessary for its operations or business business, the loss of which would reasonably be expected to have a material adverse effect on its financial condition, operations or business, and without being limited by the foregoing and comply in all material respects with all statutes, laws, ordinances and government rules and regulations to which it is subject.

Appears in 1 contract

Samples: Loan and Security Agreement (NovaCardia Inc)

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