Common use of Existence of Borrower Clause in Contracts

Existence of Borrower. Borrower and Guarantor are each a corporation duly incorporated, validly existing and in good standing under the laws of the state indicated at the beginning of this Agreement and are duly licensed or qualified to transact business in all jurisdictions where the character of the property owned or leased or the nature of the business transacted by it makes such licensing or qualification necessary, except as permitted by Section 3.2(g) hereto. Borrower and Guarantor have not, in the past five years, operated under any name, including any trade name or assumed name, other than the names indicated at the beginning of this Agreement, the names of the Subsidiaries listed in Section 4.1(l) and the following names: Sunrise Leasing Corporation, Sunrise Financial Resources, Sunrise Funding Corporation I, Cisco Systems Capital Corporation, Digital Telecommunications Capital, International Leasing Corporation, Internet Finance and Equipment Capital Corporation, MicroSystem Solutions, Sonic Solutions Capital Corporation, Sun Microsystems Finance, Symmetricom Capital, H.A. Technical Solutions, LLC, King Leasing S. de ▇.▇. de C.V., King Services Administrators S. de ▇.▇. de C.V. and Vanguard Investments LLC.

Appears in 1 contract

Sources: Credit Agreement (King Peter J)

Existence of Borrower. Borrower and Guarantor are each a corporation duly incorporated, validly existing and in good standing under the laws of the state indicated at the beginning of this Agreement and are duly licensed or qualified to transact business in all jurisdictions where the character of the property owned or leased or the nature of the business transacted by it makes such licensing or qualification necessary, except as permitted by Section 3.2(g) hereto. Borrower and Guarantor have not, in the past five years, operated under any name, including any trade name or assumed name, other than the names indicated at the beginning of this Agreement, the names of the Subsidiaries listed in Section 4.1(l) and the following names: Sunrise Leasing Corporation, Sunrise Financial Resources, Sunrise Funding Corporation I, Cisco Systems Capital Corporation, Digital Telecommunications Capital, International Leasing Corporation, Internet Finance and Equipment Capital Corporation, MicroSystem Solutions, Sonic Solutions Capital Corporation, Sun Microsystems Finance, Symmetricom Capital, H.A. Technical Solutions, LLC, King Leasing S. de R.L. .▇. de C.V., King Services Administrators S. de R.L. .▇. de C.V. and Vanguard Investments LLC.

Appears in 1 contract

Sources: Credit Agreement (Sunrise International Leasing Corp)