Incorporation, Good Standing, and Due Qualification. Borrower and each Guarantor is duly incorporated, validly existing and in good standing under the laws of the jurisdiction of its incorporation, has the corporate power and authority to own its assets and to transact the business in which it is now engaged or proposed to be engaged, and is duly qualified as a foreign corporation and in good standing under the laws of each other jurisdiction in which such qualification is required, except to the extent that its failure to be so qualified could not result in a Material Adverse Change.
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Samples: Credit Agreement (Hampshire Group LTD), Credit Agreement (Hampshire Group LTD), Credit Agreement (Hampshire Group LTD)
Incorporation, Good Standing, and Due Qualification. Borrower and each Guarantor is are corporations, limited liability companies, or partnerships duly incorporatedincorporated or formed, as the case may be, validly existing existing, and in good standing under the laws of the State of their incorporation or formation, are duly qualified and in good standing as a foreign corporation authorized to do business in every jurisdiction of its incorporationwhere the failure to so qualify would have a Material Adverse Effect, has and have the requisite corporate power and authority to own its assets their respective properties and to transact the business in which it is operate their respective businesses as now engaged or proposed to be engaged, and is duly qualified as a foreign corporation and in good standing under the laws of each other jurisdiction in which such qualification is required, except to the extent that its failure to be so qualified could not result in a Material Adverse Changeconducted.
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Samples: Loan Agreement (Faro Technologies Inc), Loan Agreement (Faro Technologies Inc)
Incorporation, Good Standing, and Due Qualification. Borrower Each of such Guarantor and each Guarantor its Subsidiaries is duly incorporated, validly existing and in good standing under the laws of the jurisdiction of its incorporation, has the corporate power and authority to own its assets and to transact the business in which it is now engaged or proposed to be engaged, and is duly qualified as a foreign corporation and in good standing under the laws of each other jurisdiction in which such qualification is required, except to where the extent that its failure to be so qualified could qualify has not result in had, and is not reasonably expected to have, a Material Adverse ChangeEffect.
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Samples: Credit Agreement (Nfo Worldwide Inc)
Incorporation, Good Standing, and Due Qualification. The Borrower and each Guarantor is duly incorporated, validly existing and in good standing under the laws of the jurisdiction of its incorporation, has the corporate power and authority to own its assets and to transact the business in which it is now engaged or proposed to be engaged, and is duly qualified as a foreign corporation and in good standing under the laws Laws of each other jurisdiction in which such qualification is required, except to the extent that its failure to be so qualified could not result in a Material Adverse Change.
Appears in 1 contract
Samples: Credit Agreement (Boundless Corp)
Incorporation, Good Standing, and Due Qualification. Borrower The Guarantor and each Guarantor of its Subsidiaries is duly incorporated, validly existing and in good standing under the laws of the jurisdiction of its incorporation, has the corporate power and authority to own its assets and to transact the business in which it is now engaged or proposed to be engaged, and is duly qualified as a foreign corporation and in good standing under the laws of each other jurisdiction in which such qualification is required, except to the extent that its failure to be so qualified could not result in a Material Adverse Change.
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Incorporation, Good Standing, and Due Qualification. The Borrower and each Guarantor is a corporation duly incorporated, validly existing existing, and in good standing under the laws of the jurisdiction of its incorporation, ; has the corporate power and authority to own its assets and to transact the business in which it is now engaged or proposed to be engaged, engaged in; and is duly qualified as a foreign corporation and in good standing under the laws of each other jurisdiction in which such qualification is required, except to the extent that its failure to be so qualified could not result in a Material Adverse Change.
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