Common use of Due Incorporation; Good Standing Clause in Contracts

Due Incorporation; Good Standing. The BORROWER is a corporation, duly organized and validly existing under the laws of the state of its incorporation, and is properly licensed and in good standing in, and where necessary to maintain the BORROWER’S rights and privileges, has complied with the fictitious name statute of, every jurisdiction in which the BORROWER is doing business.

Appears in 2 contracts

Samples: Uncommitted and Revolving Credit Line Agreement (SITIME Corp), Uncommitted and Revolving Credit Line Agreement (SITIME Corp)

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Due Incorporation; Good Standing. The BORROWER is a corporation, duly organized and validly existing under the laws of the state of its incorporation, and is properly licensed and in good standing in, and where necessary to maintain the BORROWER’S 's rights and privileges, has complied with the fictitious name statute of, every jurisdiction in which the BORROWER is doing business.

Appears in 2 contracts

Samples: Line Agreement (Synetics Solutions Inc), Uncommitted and Revolving Credit Line Agreement (Synetics Solutions Inc)

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Due Incorporation; Good Standing. The BORROWER is a corporation, duly organized and validly existing under the laws of the state jurisdiction of its incorporation, and is properly licensed and in good standing in, and where necessary to maintain the BORROWER’S ’s rights and privileges, has complied with the fictitious name statute of, every jurisdiction in which the BORROWER is doing business.

Appears in 2 contracts

Samples: Uncommitted and Revolving Credit Line Agreement (Thorne Healthtech, Inc.), Uncommitted and Revolving Credit Line Agreement (Thorne Healthtech, Inc.)

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