Preservation of Corporate Existence and Similar Matters. Borrower shall preserve and maintain its corporate existence and qualify and remain qualified as a foreign corporation and authorized to do business in each jurisdiction in which the character of its properties or the nature of its business requires such qualification or authorization.
Appears in 2 contracts
Samples: Loan and Security Agreement (Dallas Gold & Silver Exchange Inc /Nv/), Loan and Security Agreement (White Electronic Designs Corp)
Preservation of Corporate Existence and Similar Matters. Borrower shall preserve and maintain its corporate existence and legal form, and qualify and remain qualified as a foreign corporation and authorized entity qualified to do business in each jurisdiction in which the character of its properties or the nature of its business requires such qualification or authorizationqualification, except to the extent the failure to be so qualified could reasonably be expected to have a Material Adverse Change.
Appears in 2 contracts
Samples: Loan and Security Agreement (Tattooed Chef, Inc.), Loan and Security Agreement (Radisys Corp)
Preservation of Corporate Existence and Similar Matters. The Borrower shall preserve and maintain its corporate existence existence, rights, franchises, licenses and privileges in the jurisdiction of its incorporation and qualify and remain qualified as a foreign corporation and authorized to do business in each jurisdiction in which the character of its properties or the nature of its business requires businesses require such qualification or authorizationauthorization and where the failure to be so qualified would reasonably be likely to have a Material Adverse Effect on the Borrower.
Appears in 2 contracts
Samples: Credit Agreement (Headhunter Net Inc), Credit Agreement (Omnicom Group Inc)
Preservation of Corporate Existence and Similar Matters. Borrower shall preserve and maintain its corporate existence as a corporation or limited liability company, as the case may be, and qualify and remain qualified as a foreign corporation and entity authorized to do business in each jurisdiction in which the character of its properties or the nature of its business requires such qualification or authorization.
Appears in 2 contracts
Samples: Loan and Security Agreement (ScripsAmerica, Inc.), Loan and Security Agreement (Zynex Inc)
Preservation of Corporate Existence and Similar Matters. (a) Borrower shall preserve and maintain its corporate existence existence, rights, franchises, licenses and privileges in the jurisdiction of its incorporation and qualify and remain qualified as a foreign corporation and authorized to do business in each jurisdiction in which the character of its properties or the nature of its business requires such qualification or authorization.remain
Appears in 1 contract
Preservation of Corporate Existence and Similar Matters. Borrower shall preserve and maintain its corporate existence and qualify and as a corporation. Borrower shall remain qualified as a foreign corporation and entity authorized to do business in each jurisdiction in which the character of its properties or the nature of its business requires such qualification or authorization, except where failure to do so would not reasonably be expected to result in a Material Adverse Change.
Appears in 1 contract
Preservation of Corporate Existence and Similar Matters. Each Borrower shall preserve and maintain its corporate existence existence, rights, franchises, licenses and privileges in the jurisdiction of its incorporation and qualify and remain qualified as a foreign corporation and authorized to do business in each jurisdiction in which the character of its properties or the nature of its business requires such qualification or authorization.
Appears in 1 contract
Preservation of Corporate Existence and Similar Matters. Borrower shall preserve and maintain its corporate existence existence, rights, franchises, licenses and privileges in the jurisdiction of its incorporation and qualify and remain qualified as a foreign corporation and authorized to do business in each jurisdiction in which the character of its properties or the nature of its business requires such qualification or authorizationauthorization including, without limitation, the jurisdictions described on SCHEDULE 5.1(a).
Appears in 1 contract
Preservation of Corporate Existence and Similar Matters. Each Borrower shall preserve and maintain its corporate existence and legal form, and qualify and remain qualified as a foreign corporation and authorized entity qualified to do business in each jurisdiction in which the character of its properties or the nature of its business requires such qualification or authorizationqualification, except to the extent the failure to be so qualified could not reasonably be expected to have a Material Adverse Effect.
Appears in 1 contract
Preservation of Corporate Existence and Similar Matters. Each Borrower shall preserve and maintain its corporate existence as a corporation or limited liability company, as the case may be, and qualify and remain qualified as a foreign corporation and entity authorized to do business in each jurisdiction in which the character of its properties or the nature of its business requires such qualification or authorization.
Appears in 1 contract
Samples: Loan and Security Agreement (Mendocino Brewing Co Inc)