Common use of Maintenance of Corporate Status Clause in Contracts

Maintenance of Corporate Status. The Company shall maintain, and shall cause each affiliate to maintain, its corporate or partnership existence in good standing or effective under the laws of its jurisdiction of organization and any other states or jurisdictions in which its failure to qualify as a foreign corporation or entity would have a material adverse effect on its operations or financial condition.

Appears in 6 contracts

Samples: Shareholders Agreement (Array Biopharma Inc), Purchase Agreement (Financial Commerce Network Inc), Series C Preferred Stock Purchase Agreement (Qualmark Corp)

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