Dissolution; Maintenance of Existence. Borrower is dissolved, or Borrower fails to maintain its corporate existence in good standing, or the usual business of Borrower ceases or is suspended in any respect.
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Samples: Loan and Security Agreement (1847 Holdings LLC), Loan and Security Agreement (Youngevity International, Inc.), Loan and Security Agreement
Dissolution; Maintenance of Existence. Either Borrower or Guarantor is dissolved, or either Borrower fails to maintain its corporate existence in good standing, or the usual business of Borrower ceases or is suspended in any respectrespect and Borrower is not reinstated or in good standing within ten (10) days after such event occurs.
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