Legal Existence; Good Standing. Maintain its existence and its good standing in the jurisdiction of its formation and its qualification in each jurisdiction in which the failure so to qualify would have a Material Adverse Effect, and in any event in each jurisdiction in which any portion of the business owned or operated by such Obligor is located.
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Samples: Senior Loan Agreement (Centennial Sepcialty Foods Corp), Subordinated Loan Agreement (Security Associates International Inc), Subordinated Loan Agreement (Security Associates International Inc)
Legal Existence; Good Standing. Maintain its existence and its good standing in the jurisdiction of its formation and its qualification in each jurisdiction in which the failure so to qualify would could have a Material Adverse Effect, and in any event in each jurisdiction in which any portion of the business owned or Store is operated by such Obligor is locatedit.
Appears in 2 contracts
Samples: Loan Agreement (Ich Corp /De/), Loan Agreement (Ich Corp /De/)
Legal Existence; Good Standing. Maintain its existence and its good standing in the jurisdiction of its formation and its qualification in each jurisdiction in which the failure so to qualify would have a Material Adverse Effect, and in any event in each jurisdiction in which any portion of the business owned or operated by such Obligor Borrower is located.
Appears in 2 contracts
Samples: Subordinated Loan Agreement (Security Associates International Inc), Subordinated Loan Agreement (Security Associates International Inc)
Legal Existence; Good Standing. Maintain its existence and its good standing in the jurisdiction of its formation and its qualification in each jurisdiction in which the failure so to qualify would could have a Material Adverse Effect, and in any event in each jurisdiction in which any portion of the business owned or operated by such Obligor System is locatedoperated.
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Legal Existence; Good Standing. Maintain its existence and its good ------------------------------ standing in the jurisdiction state of its formation organization and maintain its qualification in each other jurisdiction in which the failure so to qualify would could have a Material Adverse Effect, and in any event in each jurisdiction in which any portion of the business owned or operated by such Obligor is located.
Appears in 1 contract
Legal Existence; Good Standing. Maintain its existence and its good ------------------------------ standing in the jurisdiction state of its formation organization and maintain its qualification in each other jurisdiction in which the failure so to qualify would reasonably could be expected to have a Material Adverse Effect, Effect and in any event in each jurisdiction in which any portion of the business owned or Store is operated by such Obligor is locatedit.
Appears in 1 contract
