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 could have a Material Adverse Effect.
Appears in 3 contracts
Samples: Loan Agreement (Practice Works Inc), Loan Agreement (Infocure Corp), Loan Agreement (Practice Works 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 could would have a Material Adverse Effect, and in any event in each jurisdiction in which any portion of the System owned or operated by such Borrower is located.
Appears in 3 contracts
Samples: Loan Agreement (Security Associates International Inc), Loan Agreement (Security Associates International Inc), Loan Agreement (Security Associates International Inc)
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 could qualified or authorized would have a Material Adverse Effect, and in any event in each jurisdiction in which Borrower or any Subsidiary transacts Business.
Appears in 1 contract
