Existence and Good Standing. Preserve and maintain its existence as a limited partnership or corporation, as applicable, and its good standing in all states in which it conducts business and the validity of all its material franchises, licenses and permits required in the conduct of its business.
Appears in 2 contracts
Samples: Note Purchase Agreement (Sunsource Inc), Credit Agreement (Sunsource Inc)
Existence and Good Standing. Preserve and maintain its existence as a limited partnership or corporation, as applicable, corporation and its good standing in all states in which it conducts business and the validity of all its material franchiseslicenses, licenses and permits permits, certificates of need or other grants of authority required in the conduct of its business.
Appears in 2 contracts
Samples: Credit Agreement (Centennial Healthcare Corp), Credit Agreement (Centennial Healthcare Corp)
Existence and Good Standing. Preserve and maintain its existence as a limited partnership or corporation, as applicable, corporation and its good standing in all states in which it conducts business and the validity of all its material franchises, licenses and permits required in the conduct of its business.
Appears in 2 contracts
Samples: Note Purchase Agreement (Sunsource Inc), Credit Agreement (Sunsource Inc)
Existence and Good Standing. Preserve and maintain (a) its --------------------------- existence as a corporation or limited partnership or corporationpartnership, as applicable, and its good standing in all states in which it conducts business and (b) the effectiveness and validity of all its material franchises, licenses and permits licenses, permits, certificates of compliance or grants of authority required in the conduct of its business, except for such instances of ineffectiveness or invalidity as would not, either singly or in the aggregate, have a Material Adverse Effect.
Appears in 1 contract
Samples: Credit Agreement (Home Health Corp of America Inc \Pa\)
Existence and Good Standing. Preserve and maintain (a) its existence as a limited corporation, partnership or corporationother legal entity, as applicable, and its good standing in all states in which it conducts business and (b) the effectiveness and validity of all its material franchises, licenses and permits licenses, permits, certificates of compliance or grants of authority required in the conduct of its business, except for such instances of ineffectiveness or invalidity as would not, either singly or in the aggregate, have a Material Adverse Effect.
Appears in 1 contract
Existence and Good Standing. Preserve and maintain its existence as a limited partnership corporation or corporationpartnership, as applicable, and its good standing in all states in which it conducts business and the validity of all its material franchises, licenses and permits licenses, permits, certificates of compliance, or grants of authority required in the conduct of its business.
Appears in 1 contract
Existence and Good Standing. Preserve and maintain its existence as a limited partnership or corporation, as applicable, and its good standing in all states in which it conducts business and the validity of all its material franchises, licenses and permits licenses, permits, certificates of compliance or grants of authority required in the conduct of its business, except as permitted under Sections 7.7 and 7.8.
Appears in 1 contract
Samples: Credit Agreement (Hunt Corp)
Existence and Good Standing. Preserve and maintain (a) its existence as a limited partnership or corporation, as applicable, corporation and its good standing in all states in which it conducts business and (b) the effectiveness and validity of all its material franchises, licenses and permits licenses, permits, certificates of compliance or grants of authority required in the conduct of its business, except for such instances of ineffectiveness or invalidity as would not, either singly or in the aggregate, have a Material Adverse Effect.
Appears in 1 contract
Existence and Good Standing. Preserve and maintain its existence as a limited partnership corporation or corporationpartnership, as applicable, and its good standing in all states in which it conducts business and the validity of all its material franchises, licenses and permits licenses, permits, certificates of compliance or grants of authority required in the conduct of its business.
Appears in 1 contract
Existence and Good Standing. Preserve and maintain its existence as a corporation or limited partnership or corporationliability company, as applicable, and its good standing in all states in which it conducts business and the validity of all its material franchises, licenses and permits licenses, permits, certificates of compliance or grants of authority required in the conduct of its business.
Appears in 1 contract
Samples: Credit and Security Agreement (Money Centers of America, Inc.)
Existence and Good Standing. Preserve and maintain its existence as a limited partnership or corporation, as applicable, corporation and its good standing in all states in which it conducts its business and the validity of all its material franchises, licenses and permits licenses, permits, certificates of compliance or grants of authority that are required in the conduct of its business, except where the failure to do so is not reasonably likely to have a Material Adverse Effect.
Appears in 1 contract
Existence and Good Standing. Preserve and maintain its existence as a limited partnership or corporation, as applicable, corporation and its good standing in all states in which it conducts its business and the validity of all its material franchises, licenses licenses, permits, certifications of compliance and permits grants of authority that are required in the conduct of its business, except where the failure to do so is not reasonably likely to have a material adverse effect on the Company.
Appears in 1 contract
Samples: Note Purchase Agreement (Biosante Pharmaceuticals Inc)