Common use of Good Standing Certificates Clause in Contracts

Good Standing Certificates. Agent shall have received good standing certificates for each Loan Party dated not more than thirty (30) days prior to the Closing Date, issued by the Secretary of State or other appropriate official of each Loan Party's jurisdiction of incorporation and each jurisdiction where the conduct of each Loan Party's business activities or the ownership of its properties necessitates qualification;

Appears in 3 contracts

Sources: Loan and Security Agreement (Bucyrus International Inc), Loan and Security Agreement (Jaco Electronics Inc), Loan and Security Agreement (Stanadyne Automotive Corp)

Good Standing Certificates. Agent shall have received good standing certificates (or the equivalent thereof) for each Loan Party dated not more than thirty (30) days prior to the Closing Date, issued by the Secretary of State or other appropriate official of each Loan Party's ’s jurisdiction of incorporation organization and each jurisdiction where the conduct of each Loan Party's ’s business activities or the ownership of its properties necessitates qualification, except where the failure to qualify could not reasonably be expected to have a Material Adverse Effect;

Appears in 3 contracts

Sources: Financing Agreement (Rafaella Apparel Group,inc.), Financing Agreement (Rafaella Apparel Group,inc.), Loan Agreement (Verrazano,inc.)

Good Standing Certificates. Each Syndication Agent shall have received good standing certificates for each Loan Party dated not more than thirty (30) days prior to the Closing Date, issued by the Secretary of State or other appropriate official of each Loan Party's jurisdiction of incorporation and each jurisdiction where the conduct of each Loan Party's business activities or the ownership of its properties necessitates qualification;

Appears in 2 contracts

Sources: Loan and Security Agreement (Bucyrus International Inc), Loan and Security Agreement (Bucyrus International Inc)

Good Standing Certificates. Agent shall have received good standing certificates for and each Loan Party dated not more than thirty (30) days prior to the Closing Date, issued by the Secretary of State or other appropriate official of each Loan Party's ’s jurisdiction of incorporation and each jurisdiction where the conduct of each Loan Party's business activities or the ownership of its properties necessitates qualificationorganization;

Appears in 2 contracts

Sources: Revolving Credit and Security Agreement (Daseke, Inc.), Revolving Credit and Security Agreement (Daseke, Inc.)

Good Standing Certificates. Agent shall have received good standing certificates for each Loan Party dated not more than thirty (30) 30 days prior to the Closing Date, issued by the Secretary of State or other appropriate official of each Loan Party's ’s jurisdiction of incorporation and each jurisdiction where the conduct of each Loan Party's ’s business activities or the ownership of its properties necessitates qualificationqualification except where the failure to so qualify would not reasonably be expected to result in a Material Adverse Effect;

Appears in 2 contracts

Sources: Revolving Credit and Security Agreement (Boot Barn Holdings, Inc.), Revolving Credit and Security Agreement (Boot Barn Holdings, Inc.)

Good Standing Certificates. The Agent shall have received good standing certificates for received, with respect to each Loan Party Party, a certificate, dated not no more than thirty (30) 15 days prior to the Closing Date, issued by of the Secretary of State (or other appropriate official relevant state authority) of the state of formation of such Loan Party and each other jurisdiction where such Loan Party is required to be qualified to do business under such jurisdiction’s law (each of which is set forth on Schedule 3.2), certifying as to the existence and good standing of, and the payment of taxes by, each Loan Party's jurisdiction of incorporation and each jurisdiction where the conduct of each Loan Party's business activities or the ownership of its properties necessitates qualification;Party in such state.

Appears in 2 contracts

Sources: Credit Agreement (Physicians Formula Holdings, Inc.), Credit Agreement (Physicians Formula Holdings, Inc.)

Good Standing Certificates. Agent shall have received good standing certificates for each Loan Party dated not more than thirty (30) 30 days prior to the Closing Date, issued by the Secretary of State or other appropriate official of each Loan Party's ’s jurisdiction of incorporation formation and each jurisdiction where the conduct of each Loan Party's ’s business activities or the ownership of its properties necessitates qualificationqualification except, where the failure to be so qualified could not reasonably be expected to result in a Material Adverse Effect;

Appears in 2 contracts

Sources: Revolving Credit and Security Agreement (Keane Group, Inc.), Revolving Credit and Security Agreement (Keane Group, Inc.)

Good Standing Certificates. Agent shall have received good standing certificates for each Loan Party dated not more than thirty (30) days prior to the Closing Date, issued by the Secretary of State or other appropriate official of each such Loan Party's ’s jurisdiction of incorporation or formation and each jurisdiction in which qualification and good standing are necessary for each such Loan Party to conduct its business and own its property and where the conduct of each Loan Party's business activities failure to so qualify could reasonably be expected to have, either individually or in the ownership of its properties necessitates qualificationaggregate, a Material Adverse Effect;

Appears in 2 contracts

Sources: Loan and Security Agreement (American Outdoor Brands, Inc.), Loan and Security Agreement (American Outdoor Brands, Inc.)

Good Standing Certificates. Agent shall have received good standing certificates for each Loan Party dated not more than thirty (30) days as of a date prior to the Closing DateDate acceptable to Agent’s counsel, issued by the Secretary of State or other appropriate official of each such Loan Party's ’s jurisdiction of incorporation organization and each jurisdiction where the conduct of each such Loan Party's ’s business activities or the ownership of its properties necessitates qualificationqualification and the failure to be so qualified is not remediable by the payment of a nominal fee;

Appears in 2 contracts

Sources: Revolving Credit, Term Loan and Security Agreement (Twist Beauty S.a r.l. & Partners S.C.A.), Revolving Credit, Term Loan and Security Agreement (Twist Beauty S.a r.l. & Partners S.C.A.)

Good Standing Certificates. Agent shall have received good standing certificates for each Loan Party dated not more than thirty (30) days prior to the Original Closing Date, issued by the Secretary secretary of State state or other appropriate official of each Loan Party's ’s jurisdiction of incorporation organization and each jurisdiction where the conduct of each Loan Party's ’s business activities or the ownership of its properties necessitates qualification;

Appears in 2 contracts

Sources: Credit and Security Agreement (Manhattan Bridge Capital, Inc), Credit and Security Agreement (Manhattan Bridge Capital, Inc)

Good Standing Certificates. Agent shall have received good standing certificates for each Loan Party dated not more than thirty (30) days prior to the Closing Signing Date, issued by the Secretary secretary of State state or other appropriate official of each Loan Party's ’s jurisdiction of incorporation organization and each jurisdiction where the conduct of each Loan Party's ’s business activities or the ownership of its properties necessitates qualification;

Appears in 1 contract

Sources: Credit and Security Agreement (Sachem Capital Corp.)

Good Standing Certificates. Agent shall have received good standing certificates for each Loan Party dated not more than thirty (30) days prior to the Closing Date, issued by the Secretary of State or other appropriate official of each Loan Party's jurisdiction of incorporation organization and each jurisdiction where the conduct of each Loan Party's business activities or the ownership of its properties necessitates qualification;

Appears in 1 contract

Sources: Loan and Security Agreement (Brown Jordan International Inc)

Good Standing Certificates. Agent shall have received good standing certificates for each Loan Party dated not more than thirty (30) 30 days prior to the Closing Date, issued by the Secretary of State or other appropriate official of each Loan Party's ’s jurisdiction of incorporation organization or incorporation, as applicable, and each jurisdiction where the conduct of each Loan Party's ’s business activities or the ownership of its properties necessitates qualification;

Appears in 1 contract

Sources: Revolving Credit and Security Agreement (Maxum Petroleum Holdings, Inc.)

Good Standing Certificates. Agent shall have received good standing certificates for each Loan Party dated not more than thirty (30) days prior to the Closing Date, issued by the Secretary of State or other appropriate official of each Loan Party's jurisdiction of incorporation or organization and each jurisdiction of qualification where the conduct of each Loan Party's business activities or the ownership of its properties necessitates qualificationand the absence of such good standing status could reasonably result in a Material Adverse Effect;

Appears in 1 contract

Sources: Revolving Credit, Term Loan, Capital Expenditure Loan, Guaranty, and Security Agreement (HLM Design Inc)

Good Standing Certificates. Agent shall have received good standing certificates for each Loan Party dated not more than thirty (30) days prior to the Closing Date, issued by the Secretary of State or other appropriate official of each Loan Party's ’s jurisdiction of incorporation and each jurisdiction where the conduct of each Loan Party's ’s business activities or the ownership of its properties necessitates qualification;

Appears in 1 contract

Sources: Loan and Security Agreement (Bucyrus International Inc)

Good Standing Certificates. Agent shall have received good standing certificates for each Loan Party (other than the Inactive Subsidiaries) dated not more than thirty (30) days prior to the Closing Date, issued by the Secretary of State or other appropriate official of each such Loan Party's ’s jurisdiction of incorporation or formation and each jurisdiction in which qualification and good standing are necessary for each such Loan Party to conduct its business and own its property and where the conduct of each Loan Party's business activities or the ownership of its properties necessitates qualificationfailure to so qualify could reasonably be expected to have a Material Adverse Effect;

Appears in 1 contract

Sources: Loan and Security Agreement (Velocity Express Corp)

Good Standing Certificates. Agent shall have received good standing certificates for each Loan Party and Limited Partner (except Vision-Ease Asia and Vision-Ease Europe), dated not more than thirty (30) 30 days prior to the Closing Date, issued by the Secretary of State or other appropriate official of each Loan Party's such Person’s jurisdiction of incorporation or organization and each jurisdiction where the conduct of each Loan Party's such Person’s business activities or the ownership of its properties necessitates qualification;

Appears in 1 contract

Sources: Loan and Security Agreement (Vision-Ease Lens, Inc.)

Good Standing Certificates. Agent shall have received good standing certificates or certificates of status or certificates of compliance, as applicable, for each Loan Party dated not more than thirty (30) days prior to the Closing Date, issued by the Secretary of State or other appropriate official of each such Loan Party's ’s jurisdiction of incorporation or formation and each jurisdiction in which qualification and good standing are necessary for each such Loan Party to conduct its business and own its property and where the conduct of each Loan Party's business activities failure to so qualify could reasonably be expected to have, either individually or in the ownership of its properties necessitates qualificationaggregate, a Material Adverse Effect;

Appears in 1 contract

Sources: Loan and Security Agreement (Primo Water Corp)

Good Standing Certificates. The Agent shall have received good standing certificates for each Loan Party dated not more than thirty (30) days prior to the Closing Amendment Effective Date, issued by the Secretary of State or other appropriate official of each such Loan Party's ’s jurisdiction of incorporation and each jurisdiction where the conduct of each Loan Party's business activities or the ownership of its properties necessitates qualificationformation;

Appears in 1 contract

Sources: Loan and Security Agreement (Forbes Energy Services Ltd.)

Good Standing Certificates. Agent shall have received good standing certificates for each Loan Party dated not more than thirty (30) days prior to the Closing Date, issued by the Secretary of State or other appropriate official of each Loan Party's ’s jurisdiction of incorporation organization and each jurisdiction where the conduct of each Loan Party's ’s business activities or the ownership of its properties necessitates qualification;

Appears in 1 contract

Sources: Loan and Security Agreement (Edgen Louisiana CORP)

Good Standing Certificates. Agent shall have received good standing certificates for each Loan Party dated not more than thirty (30) days prior to the Closing Date, issued by the Secretary of State or other appropriate official of each such Loan Party's ’s jurisdiction of incorporation and each jurisdiction where the conduct of each Loan Party's business activities or the ownership of its properties necessitates qualificationformation;

Appears in 1 contract

Sources: Loan and Security Agreement (Castle a M & Co)

Good Standing Certificates. Agent shall have received good standing certificates for each Loan Party dated not more than thirty (30) 30 days prior to the Closing Date, issued by the Secretary of State or other appropriate official of each Loan Party's ’s jurisdiction of incorporation and each jurisdiction where the conduct of each Loan Party's ’s business activities or the ownership of its properties necessitates qualification;

Appears in 1 contract

Sources: Revolving Credit and Security Agreement (Dri Corp)

Good Standing Certificates. Agent shall have received good standing certificates certificates, or similar certifications, for each Loan Party dated not more than thirty sixty (3060) days prior to the Closing Date, issued by the Secretary of State or other appropriate official of each Loan Party's such entity’s jurisdiction of incorporation and each jurisdiction where or formation, as the conduct of each Loan Party's business activities or the ownership of its properties necessitates qualificationcase may be;

Appears in 1 contract

Sources: Revolving Credit and Security Agreement (Allegheny Technologies Inc)

Good Standing Certificates. Agent shall have received good standing certificates for each Obligor which was a party to the Original Loan Party Agreement dated not more than thirty (30) 30 days prior to the Initial Closing Date and for each Obligor which was not a party to the Original Loan Agreement dated not more than 30 days prior to the Closing Date, issued by the Secretary of State or other appropriate official of each Loan PartyObligor's jurisdiction of incorporation and each jurisdiction where the conduct of each Loan PartyBorrower's business activities or the ownership of its properties necessitates qualification;

Appears in 1 contract

Sources: Revolving Credit, Capital Expenditure Line and Security Agreement (Philipp Brothers Chemicals Inc)