Legal Existence and Good Standing. The Borrower shall, and shall cause each of its Subsidiaries to, maintain its legal existence and its qualification and good standing in all jurisdictions in which the failure to maintain such existence and qualification or good standing could reasonably be expected to have a Material Adverse Effect.
Appears in 15 contracts
Samples: Credit Agreement (Omnova Solutions Inc), Credit Agreement (Omnova Solutions Inc), Credit Agreement (Alon USA Energy, Inc.)
Legal Existence and Good Standing. The Each Borrower shall, and shall cause each of its Subsidiaries to, maintain its legal existence and its qualification and good standing in all jurisdictions in which the failure to maintain such existence and qualification or good standing could reasonably be expected to have a Material Adverse Effect.
Appears in 7 contracts
Samples: Credit Agreement (Omnova Solutions Inc), Credit Agreement (Levi Strauss & Co), Credit Agreement (Levi Strauss & Co)
Legal Existence and Good Standing. The Borrower shall, and shall cause each of its Subsidiaries to, maintain its their legal existence and its their qualification and good standing in all their jurisdictions of incorporation and in which each other jurisdiction where the failure to maintain such existence and lack of qualification or good standing could reasonably be expected to would have a Material Adverse EffectEffect on Borrower.
Appears in 4 contracts
Samples: Credit Agreement (Divine Inc), Credit Agreement (Divine Inc), Credit Agreement (Divine Inc)
Legal Existence and Good Standing. The Borrower shall, and the Borrower shall cause each of its the Borrower Subsidiaries to, maintain (a) its legal existence and, if applicable, good standing in the jurisdiction of its formation, incorporation, or organization and (b) its qualification and and, if applicable, good standing in all other jurisdictions in which the failure to maintain such existence qualification and qualification or good standing could reasonably be expected to have cause a Material Adverse Effect.
Appears in 3 contracts
Samples: Aircraft Lease Agreement (AerCap Holdings N.V.), Credit Agreement (AerCap Holdings N.V.), Credit Agreement (AerCap Holdings N.V.)
Legal Existence and Good Standing. The Each Borrower shall, and shall cause each of its Domestic Subsidiaries to, maintain its legal existence and its qualification and good standing in all jurisdictions in which the failure to maintain such existence and qualification or good standing could reasonably be expected to have a Material Adverse Effect.
Appears in 3 contracts
Samples: Credit Agreement (Unifi Inc), Credit Agreement (Unifi Inc), Credit Agreement (Unifi Inc)
Legal Existence and Good Standing. The Except as a result of transactions permitted under Section 7.8, the Borrower shall, and shall cause each of its Subsidiaries Material Subsidiary to, maintain its legal existence and its qualification and good standing in all jurisdictions in which the failure to maintain such existence and qualification or good standing could reasonably be expected to have a Material Adverse Effect.
Appears in 2 contracts
Samples: Credit Agreement (Saks Inc), Credit Agreement (Saks Inc)
Legal Existence and Good Standing. The Except as otherwise permitted under Section 9.25, the Borrower shall, and the Borrower shall cause each of its the Borrower Subsidiaries to, maintain (a) its legal existence and, if applicable, good standing in the jurisdiction of its formation, incorporation, or organization and (b) its qualification and and, if applicable, good standing in all other jurisdictions in which the failure to maintain such existence qualification and qualification or good standing could reasonably be expected to have cause a Material Adverse Effect.
Appears in 2 contracts
Samples: Credit Agreement, Credit Agreement (Genesis Lease LTD)
Legal Existence and Good Standing. The Borrower shallShall, and shall cause each of its Subsidiaries to, maintain its legal existence and its qualification and good standing in all jurisdictions in which the failure to maintain such existence and qualification or good standing could reasonably be expected to have a Material Adverse Effectmaterial adverse effect on Borrower.
Appears in 2 contracts
Samples: Loan Agreement (Valence Technology Inc), Original Loan Agreement (Valence Technology Inc)
Legal Existence and Good Standing. The Borrower shall, and shall cause --------------------------------- each of its Subsidiaries to, maintain its their legal existence and its their qualification and good standing in all their jurisdictions of incorporation and in which each other jurisdiction where the failure to maintain such existence and lack of qualification or good standing could reasonably be expected to would have a Material Adverse EffectEffect on Borrower.
Appears in 1 contract
Samples: Credit Agreement (Data Return Corp)
Legal Existence and Good Standing. The Borrower shallShall, and shall cause each of its --------------------------------- Subsidiaries to, to maintain its legal existence and its qualification and good standing in all jurisdictions in which the failure to maintain such existence and qualification or good standing could reasonably be expected to have a Material Adverse EffectEffect on Borrower.
Appears in 1 contract
Samples: Loan Agreement (Positron Corp)
Legal Existence and Good Standing. The Borrower shall, and the Borrower shall cause each of its the Borrower Subsidiaries to, maintain (a) its legal existence and, if applicable, good standing in the jurisdiction of its formation, incorporation, or organization and (b) its qualification and and, if applicable, good standing in all jurisdictions in which the failure to maintain such existence and qualification or good standing could reasonably be expected to have a Material Adverse Effectother jurisdictions.
Appears in 1 contract
Legal Existence and Good Standing. The Each Borrower shall, and shall cause each of its Subsidiaries to, maintain (a) its legal existence and good standing in its jurisdiction of organization, and (b) its qualification and good standing in all other jurisdictions in which the failure to maintain such existence and its qualification or good standing could reasonably be expected to have a Material Adverse Effect.
Appears in 1 contract
Legal Existence and Good Standing. The Except as otherwise permitted by Section 7.11, such Borrower shall, and shall cause each of its Subsidiaries to, maintain its legal existence and its qualification and good standing in all jurisdictions in which the failure to maintain such existence and qualification or good standing could reasonably be expected to have a Material Adverse Effect.
Appears in 1 contract
Legal Existence and Good Standing. The Borrower shall, and shall cause the Parent and each of its Subsidiaries to, maintain its legal existence and its qualification and good standing in all jurisdictions in which the failure to maintain such existence and qualification or good standing could reasonably be expected to have a Material Adverse Effect.
Appears in 1 contract
Samples: Credit Agreement (Acg Holdings Inc)
Legal Existence and Good Standing. The Borrower Each of the Borrowers shall, and shall cause each of its Subsidiaries to, maintain its legal existence and its qualification and good standing in all jurisdictions in which the failure to maintain such existence and qualification or good standing could reasonably be expected to have a Material Adverse Effect.
Appears in 1 contract
Legal Existence and Good Standing. The Such Borrower shall, and shall cause each of its Subsidiaries to, maintain its legal existence and its qualification and good standing in all jurisdictions in which the failure to maintain such existence and qualification or good standing could reasonably be expected to have a Material Adverse Effect.
Appears in 1 contract
Samples: Credit Agreement (3com Corp)
Legal Existence and Good Standing. The Such Borrower shall, and shall cause each of its Subsidiaries to, maintain its legal existence and its qualification and good standing in all jurisdictions in which the failure to maintain such existence and qualification or good standing could would reasonably be expected to have a Material Adverse Effect.
Appears in 1 contract
Samples: Credit Agreement (Maxxam Inc)
Legal Existence and Good Standing. The Borrower shall, and shall cause each of its Restricted Subsidiaries to, maintain its legal existence and its qualification and good standing in all jurisdictions in which the failure to maintain such existence and qualification or good standing could reasonably be expected to have a Material Adverse Effect.
Appears in 1 contract
Legal Existence and Good Standing. The Borrower Borrowers shall, and shall cause each of its their respective Subsidiaries to, maintain its their legal existence and its their qualification and good standing in all jurisdictions in which the failure to maintain such existence and qualification or good standing could reasonably be expected to have a Material Adverse Effect.
Appears in 1 contract
Legal Existence and Good Standing. The Other than as permitted by Section 7.11(c), the Borrower shall, and shall cause each of its Subsidiaries to, maintain its legal existence and its qualification and good standing in all jurisdictions in which the failure to maintain such existence and qualification or good standing could reasonably be expected to have a Material Adverse Effect.
Appears in 1 contract
