Common use of Qualification in the State Clause in Contracts

Qualification in the State. Throughout the Loan Term, the Borrower shall continue to be duly authorized to do business in the State.

Appears in 2 contracts

Sources: Loan Agreement (Sparta Foods Inc), Loan Agreement (Excelsior Henderson Motorcycle Manufacturing Co)

Qualification in the State. Throughout the Loan Contract Term, the Borrower shall continue to be duly authorized to do transact business in the State.

Appears in 2 contracts

Sources: Loan Agreement (Fogelman Mortgage L P I), Loan Agreement (Fogelman Mortgage L P I)