Legal Existence. The Borrower shall maintain its legal existence in good standing in the jurisdiction of its organization and shall maintain its qualification to do business in each other jurisdiction in which the failure so to do could reasonably be expected to have a Material Adverse Effect.
Appears in 24 contracts
Samples: Credit Agreement (Aristotle Funds Series Trust), Credit Agreement (Tortoise Energy Independence Fund, Inc.), Credit Agreement (Blackstone / GSO Long-Short Credit Income Fund)
Legal Existence. The Borrower shall maintain its legal existence in good standing in the jurisdiction of its organization and shall maintain its qualification to do business in each other jurisdiction in which the failure so to do could reasonably be expected to have a Material Adverse Effect.
Appears in 4 contracts
Samples: Security Agreement (Voya SENIOR INCOME FUND), Credit Agreement (Voya SENIOR INCOME FUND), Credit Agreement (Voya SENIOR INCOME FUND)
Legal Existence. The Such Borrower shall maintain its legal existence in good standing in the jurisdiction of its organization and shall maintain its qualification to do business in each other jurisdiction in which the failure so to do could reasonably be expected to have a Material Adverse Effect.
Appears in 2 contracts
Samples: Credit Agreement (Highland Floating Rate Fund), Credit Agreement (Highland Funds I)
Legal Existence. The Borrower shall maintain its legal existence in good standing in under the laws of its jurisdiction of its organization and shall maintain its qualification to do transact business in each other jurisdiction in which where failure to qualify would permanently preclude the failure so Borrower from enforcing its rights with respect to do could reasonably be expected any material asset or would expose Borrower to have a Material Adverse Effectany material liability.
Appears in 1 contract
Legal Existence. The Borrower shall maintain its legal existence corporate, partnership or analogous existence, as the case may be, in good standing in the jurisdiction of its organization incorporation or formation and shall maintain its qualification to do business in each other jurisdiction in which the failure so to do could reasonably be expected to have a Material Adverse Effect.
Appears in 1 contract
Samples: Credit Agreement (Meta Group Inc)
Legal Existence. The Such Borrower shall maintain its legal existence in good standing in the jurisdiction of its organization and shall maintain its qualification to do business in each other jurisdiction in which the failure so to do could reasonably be expected to have a Material Adverse Effect.
Appears in 1 contract
Samples: Credit Agreement (Highland Floating Rate LTD Liability Co)
Legal Existence. The Borrower shall maintain maintain, and cause each of its Domestic Subsidiaries to maintain, its legal existence in good standing in the jurisdiction of its organization in which it is incorporated and shall maintain its qualification to do business in each other jurisdiction in which where it is required to register or qualify to do business if the failure so to do so in such other jurisdiction could reasonably be expected to have a Material Adverse Effect.
Appears in 1 contract
Samples: Financing and Security Agreement (Chatwins Group Inc)
