Maintenance of Existence and Qualifications. Borrower will maintain and preserve its corporate existence and its rights and franchises in full force and effect and will qualify and/or remain qualified to do business as a foreign corporation in all states or jurisdictions where required by applicable law.
Appears in 2 contracts
Samples: Credit Agreement (Black Hills Corp /Sd/), Credit Agreement (Mallon Resources Corp)
Maintenance of Existence and Qualifications. Borrower will maintain and preserve its corporate existence and its rights and franchises in full force and effect and will qualify and/or remain qualified to do business as a foreign corporation in all states or jurisdictions where required by applicable lawlaw and the failure to do so could reasonably be expected to have an Adverse Effect.
Appears in 1 contract
Maintenance of Existence and Qualifications. The Borrower will maintain and preserve its corporate existence and its rights and franchises in full force and effect and will qualify and/or remain qualified to do business as a foreign corporation in all states or jurisdictions where required by applicable lawlaw and the failure to do so could reasonably be expected to have an Adverse Effect.
Appears in 1 contract
Maintenance of Existence and Qualifications. Borrower will maintain and preserve its corporate existence and its rights and franchises in full force and effect and will qualify and/or remain qualified to do business as a foreign corporation in all states or jurisdictions places where required by applicable law.
Appears in 1 contract
Samples: Secured Term Loan and Revolving Credit Agreement (Georesources Inc)
Maintenance of Existence and Qualifications. Borrower will maintain and preserve its corporate existence existence, as applicable, and its their rights and franchises in full force and effect and will qualify and/or remain qualified to do business as a foreign corporation in all states or jurisdictions where required by applicable law.
Appears in 1 contract
Samples: Senior Secured Credit Agreement (Kentucky USA Energy, Inc.)
Maintenance of Existence and Qualifications. Borrower will maintain and preserve its corporate Business Entity existence and its material rights and franchises in full force and effect and will qualify and/or remain qualified to do business as a foreign corporation Business Entity in all states or jurisdictions where required by applicable lawthe failure to do so could reasonably be expected to have a Material Adverse Effect.
Appears in 1 contract
Samples: Advancing Term Credit Agreement (BPI Energy Holdings, Inc.)
