Legal Status. Borrower is a corporation duly incorporated, validly existing, and in good standing under the laws of the State of Delaware. Borrower is qualified or licensed to do business, and is in good standing as a foreign corporation in all jurisdictions in which such qualification or licensing is required or in which the failure to so qualify or to be so licensed could have a material adverse effect on Borrower.
Appears in 7 contracts
Samples: Term Credit Agreement (Pro Elite Inc), Term Credit Agreement (Lucys Cafe Inc), Term Credit Agreement (Entrada Networks Inc)
Legal Status. Borrower is a corporation corporation, duly incorporated, validly existing, organized and existing and in good standing under the laws of the State of Delaware. Borrower , and is qualified or licensed to do business, and is in good standing as a foreign corporation business in all jurisdictions in which such qualification or licensing is required or in which the failure to so qualify or to be so licensed could have a material adverse effect on Borrower.
Appears in 3 contracts
Samples: Securities Account Control Agreement (Auspex Systems Inc), Grill Concepts Inc, Interwoven Inc
Legal Status. Borrower is a corporation duly incorporated, validly existing, organized and existing and in good standing under the laws of the State of Delaware. Borrower , and is qualified or licensed to do business, and is in good standing as a foreign corporation corporation, if applicable, in all jurisdictions in which such qualification or licensing is required or in which the failure to so qualify or to be so licensed could have a material adverse effect on Borrower.
Appears in 3 contracts
Samples: Loan Agreement (Stevens International Inc), Loan Agreement (Iomega Corp), Credit Agreement (Diodes Inc /Del/)
Legal Status. Borrower is a corporation duly incorporated, validly existing, organized and in good standing existing under the laws of the State state of Delaware. Borrower and each Subsidiary has the power and authority to own its own Assets and to transact the business in which it is qualified or licensed to do businessengaged, and is properly licensed, qualified to do business and in good standing as a foreign corporation in all jurisdictions every jurisdiction in which such qualification or licensing it is required or in which the doing business where failure to so qualify or to be so licensed could have a material adverse effect on BorrowerMaterial Adverse Effect.
Appears in 2 contracts
Samples: Security Agreement (Prospect Medical Holdings Inc), Revolving Credit Agreement (Prospect Medical Holdings Inc)
Legal Status. Borrower is a corporation corporation, duly incorporated, validly existing, organized and existing and in good standing under the laws of the State of Delaware. Borrower , and is qualified or licensed to do business, and is in good standing as a foreign corporation business in all jurisdictions in which such qualification or licensing is required or in which the failure to so qualify be qualified or to be so licensed could have a material adverse effect on Borrower.
Appears in 1 contract
Samples: Wells Fargo Bank Loan Agreement (Hello Direct Inc /De/)
Legal Status. Borrower is a corporation corporation, duly incorporated, validly existing, organized and existing and ------------ in good standing under the laws of the State state of Delaware. Borrower , and is qualified or licensed to do business, and is in good standing as a foreign corporation business in all jurisdictions in which such qualification or licensing is required or in which the failure to so qualify or to be so licensed could have a material adverse effect on Borrower.
Appears in 1 contract
Samples: Staar Surgical Company
Legal Status. Borrower is a corporation duly incorporated, validly existing, organized and in good standing existing under the laws of the State of Delaware. Borrower and each Subsidiary has the power and authority to own its own Assets and to transact the business in which it is qualified or licensed to do businessengaged, and is properly licensed, qualified to do business and in good standing as a foreign corporation in all jurisdictions every jurisdiction in which such qualification or licensing it is required or in which the doing business where failure to so qualify or to be so licensed could have a material adverse effect on BorrowerMaterial Adverse Effect.
Appears in 1 contract
Legal Status. Borrower is a corporation corporation, duly incorporated, validly existing, organized and existing and in good standing under the laws of the State state of Delaware. Borrower , and is qualified or licensed to do business, and is in good standing as a foreign corporation business in all jurisdictions in which such qualification or licensing is required or in which the failure to so qualify or to be so licensed could have a material adverse effect on Borrower.
Appears in 1 contract
Samples: Gametech International Inc
Legal Status. Borrower is a corporation corporation, duly incorporated, validly existing, organized and existing and in good standing under the laws of the State state of Delaware. Borrower , and is qualified or licensed to do business, and is in good standing as a foreign corporation business in all jurisdictions in which such qualification or licensing is Is required or in which the failure to so qualify or to be so licensed could have a material adverse effect on Borrower.
Appears in 1 contract
Samples: Network Peripherals Inc
Legal Status. Borrower is a corporation corporation, duly incorporatedorganized, validly existing, and in good standing under the laws of the State of Delaware. Borrower is qualified or licensed to do business, and is in good standing as a foreign corporation in all jurisdictions in which such qualification or licensing is required or in which the failure to so qualify or to be so licensed could have a material adverse effect on Borrower.
Appears in 1 contract
