Maintenance of Corporate Existence; Compliance with Laws. The Borrower shall at all times preserve and maintain in full force and effect its corporate existence, powers, rights, licenses, permits and franchises in the jurisdiction of its incorporation; continue to conduct and operate its business substantially as conducted and operated during the present and preceding fiscal year of the Borrower; operate in full compliance with all applicable laws, statutes, regulations, certificates of authority and orders in respect of the conduct of its business; and qualify and remain qualified as a foreign corporation in each jurisdiction in which such qualification is necessary or appropriate in view of its business and operations.
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Samples: Revolving and Term Loan Agreement (Seacoast Banking Corp of Florida), Agreement and Plan of Merger (Integrated Electrical Services Inc), Loan Agreement (Southern Community Bancorp)
Maintenance of Corporate Existence; Compliance with Laws. The Borrower shall at all times preserve and maintain in full force and effect its corporate respective existence, powers, rights, licenses, permits and franchises in the jurisdiction of its incorporation; continue to conduct and operate its business businesses substantially as conducted and operated during the present and preceding fiscal year of the Borroweryear; operate in full substantial compliance with all applicable laws, statutes, regulations, certificates of authority and orders in respect of the conduct of its business; and qualify and remain qualified as a foreign corporation entity in each jurisdiction in which such qualification is necessary or appropriate in view of its their business and operations.
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