Common use of Legal Existence; Good Standing Clause in Contracts

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.

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 is located.

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 System owned or operated by such Obligor Borrower is located.

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.

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.

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.

Legal Existence; Good Standing. Maintain its existence and its good standing (if applicable) in the jurisdiction of its formation and its qualification or authorization in each jurisdiction in which the failure to be so to qualify qualified or authorized would have a Material Adverse Effect, and in any event in each jurisdiction in which Borrower or any portion of the business owned or operated by such Obligor is locatedSubsidiary transacts Business.

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.

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.