Common use of Maintenance of Good Standing Clause in Contracts

Maintenance of Good Standing. During the period from the Closing Date until the due date of the last payment called for under the Note, Purchaser shall maintain itself in good standing under all applicable corporate laws.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Standard Gold), Asset Purchase Agreement (Wits Basin Precious Minerals Inc), Asset Purchase Agreement (Princeton Acquisitions Inc)

AutoNDA by SimpleDocs

Maintenance of Good Standing. During the period from the Closing Date until the due date of the last payment called for under the Note, Purchaser shall maintain itself in good standing under all applicable corporate laws.. Article 7

Appears in 1 contract

Samples: Mineral Claim Purchase Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!