Corporate Powers, Etc. The Co-Borrowers, their Subsidiaries and Affiliates shall qualify and remain qualified to conduct business in each jurisdiction in which the nature of their respective businesses or the ownership of their respective Properties or both requires it to be so qualified, unless the failure to maintain such qualification would not have a Material Adverse Effect. The Co-Borrowers, their Subsidiaries and Affiliates shall transact business in their own names and trade names and shall invoice all accounts in their own respective names and trade names.
Appears in 1 contract
Sources: Revolving Credit Loan and Term Loan Agreement (DRS Technologies Inc)
Corporate Powers, Etc. The Co-Borrowers, their Subsidiaries and Affiliates shall qualify and remain qualified to conduct business in each jurisdiction in which the nature of their respective businesses or the ownership of their respective Properties or both requires it to be so qualified, unless the failure to maintain such qualification so qualified would not have a Material Adverse Effect. The Co-Borrowers, their Subsidiaries and Affiliates shall transact business in their own names and trade names and shall invoice all accounts in their own respective names and trade names.
Appears in 1 contract
Sources: Revolving Credit Loan and Term Loan Agreement (DRS Technologies Inc)